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Forget a house – buy an island
Owning an island is likely to be something that few people would ever seriously consider. While it is exciting to imagine what living on an island would be like – palm trees, sunsets, gentle breezes – most people could never afford to own a piece of paradise. Or could [...]

singapore property market,singapore property market news
So what are some of the changes? To summarise, the latest round of anti-speculation measures for private properties are as follows:
Increase the holding period for imposition of Seller’s Stamp Duty (SSD) from the current one year to three years.
Increase the minimum cash payment from 5 percent to 10 percent of [...]

Small property developers priced out of Singapore
Many small-sized property developers are seeing themselves priced out by foreign companies and big players, as tender bids for government and private land reach record highs in the country. This has made it more difficult for smaller developers to acquire land for development.
In the latest tender results for state [...]

Two adjacent bungalows off Meyer Road sold for $38m
 
singapore property market ,singapore property market news
Two adjacent bungalows in Margate Road off Meyer Road were sold for $38 million.
The buyer is said to be a low-profile boutique property investor that plans to build a block of apartment units on the 24,002-sq-ft combined freehold site. The plot [...]

Ying Li issues earnings warning for its H1 performance
Mainboard-listed property developer Ying Li International Real Estate has issued a profit warning for its performance for the first half of the year ending June 30.

The firm said that it expects an increase on its expenses after issuing convertible bonds worth S$200 million.
The residential and commercial developer [...]

HDB quarterly resale prices hit new record but analysts say prices stabilising
SINGAPORE: HDB resale prices have hit a fresh record in the first quarter of this year rising by 2.8 per cent compared with the previous quarter. But the latest figures show signs of a market that’s finally stabilising after months of runaway prices.
Some analysts [...]

Government releases four residential sites in one go
 
The government has released four more residential sites for sale, which can accommodate more than 1,200 private home units.
The Urban Redevelopment Authority (URA) said yesterday that the potential land supply from the government’s land sales programme, as well as the supply from projects in the pipeline will be [...]

singapore property market,singapore property market news,singapore market ,singapore property
Real estate developers to bring forward property launches
Singaporeans can look forward to more property launches. The Real Estate Developers’ Association of Singapore (REDAS) on Thursday announced that its members will be bringing forward property launches.
REDAS added that its efforts are only limited by the land available and [...]

Singapore July private home sales soar to record high
SINGAPORE, Aug 17 – Private home sales in Singapore soared to a record high for the second straight month in July, indicating increased confidence and speculation in the city-state’s property market, government data showed on Monday.
The Urban Redevelopment Authority website showed developers sold 2,767 private homes in [...]