HDB resale prices, according to the Resale Price Index (RPI), rose by 1.5% in Q3 2020 compared to a previous quarter, while the URA reported that private home prices rose by 0.8% over the same period as the property market surged past it’s previous 2019 high. The URA price index in Q3 2020, 153.8, is...
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Located in the heart of Bukit Timah’s predominantly landed residential enclave in prime District 10, Royalgreen is a low-rise 285-unit condominium slated for completion by 2025. Developed by Allgreen Properties, the development is spread across five blocks on a 22,654 square metre land parcel and carries a freehold tenure characteristic of condominiums in the area....
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Located within the tranquil landed housing estate of Kovan, The Florence Residences is a 99-year leasehold project by property developer Logan Property (Singapore) Company Pte. Limited. Sited along Florence Road and Hougang Avenue 2, the large-scale development will consist of 1,410 units across a significant land area of 36,161 square metres (sq m), making it...
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[This article has been updated with additional project information from HDB on 17 November 2020. The Nov 2020 Bishan BTO will be named Bishan Ridges.] The upcoming HDB November 2020 Build-to-Order (BTO) sales exercise will feature five projects comprising of a total of 5,770 units. The 1,500-unit Bishan BTO, Bishan Ridges, is one of three...
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The name Dyson has made news again in Singapore property: Just a little more than one year after purchasing the largest penthouse in the country at Wallich Residence for a record $73.8 million, the Dysons are now selling the Core Central Region (CCR) property at $62 million—incurring a $11.8 million loss, according to a Business...
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Five years after Mediacorp moved out of its former premises at Caldecott Hill, the media conglomerate finally called for a tender for the massive 7-hectare land it left behind. In an announcement made on 14 October 2020, Mediacorp appointed real estate consultants CBRE and Showsuite Consultancy to market the District 11 site to developers interested...
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Applying for a home loan in Singapore is a long-term financial commitment. Naturally, you’d want to ensure you not only start with a low interest rate, but you also want the reassurance that your interest rate won’t increase dramatically overnight. In trying to find a home loan package that fit this criteria, banks began to...
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Here’s what we’ve learnt during our work-from-home (WFH) experience the last few months: ordering food in is expensive, video meetings are annoying and, worst of all, it is extremely difficult to be productive when your WiFi operates at a sloth-like speed. We may have put up with slow WiFi pre-Covid, but now that most of...
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It’s common knowledge that, when a HDB owner buys a condo unit, he or she has to fork out an Additional Buyer’s Stamp Duty (ABSD) for the purchase of a second property. Even if the HDB owner is an upgrader who intends to sell the flat and keep only one property, the ABSD must still...
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Faced with a competitive rental market due to the onslaught of Covid-19, landlords are now feeling the squeeze from expats leaving Singapore or downgrading to a smaller rented home. Most of these landlords have significant mortgage obligations that depend on consistent rental income, and prolonged vacancy would mean being unable to service the home loan...
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