Singapore Property News This Week #111

Residential Private home prices increase in second quarter According to the Urban Redevelopment Authority’s second quarter flash estimates, the private home price index increased by 0.8 percent from Q1, with a 3 percent increase for non-landed home prices in suburban areas. In Q1, the increase for private home and non-landed home prices was 0.6 and…

Singapore Property News This Week #71

Residential Heron Bay attracts 1,664 applicants for 394 units The Heron Bay EC project in Upper Serangoon View attracted a total 1,664 applications for its 394 units leading to a subscription rate of 4.2 applicants for each unit. Its appeal lies in its luxury features such as a six-metre jaccuzzi pool or a garden pond,…

Sayonara Shoeboxes?

By Mr. Propwise On September 4th, 2012 the URA announced new guidelines that will effectively curb the future development of shoebox units, typically units smaller than 500 square feet, in suburban areas. Effective November 4th, 2012, the total number of homes that can be built for non-landed private residential developments outside the Central Area will…

Singapore Property News This Week #52

Residential Indications of cooling property market After five rounds of cooling measures to discourage speculative demand and the increase in housing supply as part of the measures to cool the property market, results can be seen in the slight decrease in private home prices in Q1 2012, the fall in the proportion of sub-sales (an…

Singapore Property – Top 5 News Stories This Week #13

Here’s issue #13 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru). 1. HDB launches record supply of flats for sale The Housing & Development Board (HDB) launched more than 8,200 flats for sale yesterday, under the joint Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercises. 2. Average mass…