Slower sales at some projects after the July surprise announcement of new cooling measures are causing the market to expect that the new private property projects will be launched at slightly lower…
Category: News-At-A-Glance
Windy Heights Cutting Reserve Price In New En-bloc Bid
Owners of freehold Windy Heights in the Kembangan area are seeking to reduce the reserve price by over S$50 million in a bid to go for collective sale. This come after its…
Redas Responds To Cooling Measures
Responding to the new cooling measures announced by the Government on 6 July, the Real Estate Developers’ Association of Singapore (Redas) said in a statement that it did not see the rationale…
June’s Slower Sales Contribute To The Lower Sales Volume For First Half Of 2018
According to latest estimates by the Urban Redevelopment Authority (URA), developers launched 726 new units and sold 654 of such units in June 2018, with the top sellers being 120 Grange (43…
Property And Bank Stocks Affected By Cooling Measures
Following the unexpected announcement of measures to cool the property market on 5 July, the landslide in property and bank stocks brought about by investors’ heavy selling led to a consequent dip…
May Home Sales Pick Up And Raise Confidence In Second Half
Following a slow start earlier on in the year, developers’ property sales experienced a firm pick up in the month of May, driving future expectations of a take-off in property sales in…
Singapore Government Keeps Residential Land Supply In Pace For H2 2018
Riding on the wave of renewed optimism in the property market, the Government has planned for six land parcels to be launched for sale in the second-half of this year under the…
Major Developers Vie For Sengkang Central Site
Hot on the heels of the sale of the Holland Road site, major developers displayed interest in the commercial and residential GLS site at Sengkang Central, with seven bids recorded at the…
Park Colonial In Bidadari, Stirling Residences And Marina One Residences
Park Colonial, the soon-to-be-launched condominium to be added to the Bidadari landscape, is only a short walk from Woodleigh MRT station and will consist of six residential towers with 805 units. Expected…
Home Prices Increased By 3.4% In Q2 2018
Against the backdrop of rising transaction volumes and the recent en bloc frenzy, flash estimates for Q2 2018 by the Urban Redevelopment Authority (URA) revealed that private home prices have been on…