In a significant move to address the increasing rental demand, the Singapore government has announced the launch of a new category of serviced apartments. These apartments, featuring a minimum three-month stay requirement, represent a shift from traditional short-term accommodations. Minister for National Development Desmond Lee unveiled this initiative, highlighting its potential to better meet the…
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If you have a housing loan in Singapore, chances are that you would have heard the terms SIBOR (Singapore Interbank Offered Rate) and SORA (Singapore Overnight Rate Average). The former is set to be discontinued after 31 December 2024. In fact, banks have not been issuing new SIBOR-pegged loans since October 2021. With SIBOR set…
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Image credit: Google Maps Barely a week has passed since we reported the noteworthy second million-dollar transaction in Ang Mo Kio, and here we are again, in the midst of yet another substantial sale – a S$1.46 million transaction that has secured its place as the second highest HDB transaction in Bukit Merah. City Vue…
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SRI Pte Ltd, one of the top 5 real estate agencies in Singapore, has announced the appointment of Mr. Thomas Tan as their new Chief Executive Officer (CEO), effective 1st of December 2023. This strategic move underscores the company’s commitment to further propel its position in the industry through training, leadership & innovation. Mr. Thomas…
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The Singapore Estate Agents Association (SEAA) has taken a bold step towards strengthening the integrity and cooperation of the real estate industry through the signing of two pivotal Memorandums of Understanding (MOUs), marking a significant step towards collaboration and ethical standardisation in the real estate industry. These agreements signal a commitment across the industry to…
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