February 2023

PropNex’s full-year revenue in 2022 surpasses S$1 billion, hits record high in agency’s history

Singapore’s largest listed real estate agency, PropNex, has hit a record high of S$1.03 billion for its full-year revenue in 2022. The group’s full-year revenue increased by 7.5%, up from S$957.5 million in 2021. PropNex also reported a net profit of S$65.4 million for 2022, as well as S$18.9 million for the last quarter of…

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February 2023 HDB BTO overview: Kallang/ Whampoa, Queenstown, Tengah and Jurong West

February 2023 HDB BTO sales exercise: This time, we have 4,428 flats available for balloting. Units are spread across four HDB towns: Jurong West, Kallang/ Whampoa, Queenstown and Tengah. (Do note that the additional ballot chance for first-timers announced during Budget 2023 won’t take effect for this launch. We understand it will take effect from…

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Comment on Tenant – Landlord Dispute: What to do? by Sanjeewa

Hi. I rented an apartment for one year and I have to terminate the contract after 3 months by giving one month notice since I'm migrating to other country. The landlord said that they need to forfeit the security deposit. Apart from that the are asking to pay one month rent even I give one month notice. They are saying it should be two months notice, but such is not mentioned in the TA. Can someone advise me here do they have right to request additional one moth pay while the forfeit the security deposit. Thank you in advance.

4 units at Reflections at Keppel Bay made a loss in January 2023, the biggest at S$1m

With housing prices increasing for almost three years now, it’s not surprising to see homeowners making gains by selling their properties. At the same time, amidst increasing prices, there’s a handful who made a loss selling their properties. With help from our data team, we’ve compiled a list of condo units that were sold at…

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