August 2022

Buyers are willing to pay up to 27% more for OCR integrated developments

A limited supply of integrated developments in the suburbs has made them even more attractive to buyers and tenants, leading to higher prices and rents than other condos in the Outside Central Region (OCR). According to OrangeTee & Tie Research & Analytics Market Watcher series report, some buyers are willing to pay up to 27%…

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En bloc attempts or deals less than 10/20 years after building completion

Usually, when we read about en bloc deals or collective sales, we learn that the property has been around for decades. They are usually built in the 1970s, 80s or 90s, so after many years of wear and tear, the building and/or land they sit on is ripe for redevelopment after 30 to 50 years.…

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Shophouse market could potentially see another wave of demand

Shophouse market could potentially see another wave of demand stemming from investors who were previously restricted by travel measures. The shophouse market saw the sale of 114 shophouse units in the first six months of the year amounting to a total of S$938.8 million. This is comparable to the sales performances in the two halves […]

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PM Lee says don’t worry about home prices or availability, we just need more babies

During August 2022’s National Day Rally speech, Prime Minister Lee Hsien Loong said that Singaporeans sometimes worry that we will run out of space in the future – that housing will not be available or affordable. His response? “No need to worry.” This is because the government has done its studies and planning, and will…

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Comment on URA Caveat: Why caveat lodgings matter by Yip Wai Yin

Hi, I’m Wai Yin. My neighbour’s friend apparently bought a unit in our estate. Apparently, the keys have already been handed over and renovation is already underway. But till today, we have not seen the caveat being lodged with URA. I find it very strange. Is it possible for the whole sale transaction to be completed without a caveat being lodged, please? Thank you.

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