Residential Property
HDB resale price growth to slow as public housing classification rehaul kicks off
HDB resale price growth to slow as public housing classification rehaul kicks off
Prices to slow to 5% this year following the 10.4% spike in 2022.
Million-dollar HDB flat sales set to exceed 450 in 2023
The 2023 sales will be about 25% higher than 2022’s sales.
Landlords to face reduced rental income amidst looming property tax hike
For buyers, on the other hand, the tax increase may be management, said experts.
Gov't to offer rebates for owner-occupied residential properties amidst looming tax hike
The property tax will increase on 1 January 2024.
Government to pilot long-stay serviced apartments
The minimum stay for the new type of serviced apartments will be three months.
How will the new sale residential market perform in 2024?
There may be 38 launches next year.
Tengah Plantation Loop site to attract 5-7 bidders
Huttons estimates the top bid to be in the $690 psf ppr to $730 psf ppr range.
HDB rental prices to grow moderately in 2024 as demand stabilises
For 2024, OrangeTee expects prices to only rise around 3%-5%.
Significant increase in house supply drags private rental price growth
In October, rents declined by 0.2% MoM.
Private rental transactions likely to fall below the 10-year average in 2023 and 2024
The supply ramp-up of 28,600 new properties has taken a toll on the rental market.
CCR sees surge in resales of properties priced $5m and below
Properties priced $5m and below accounted for 95.5% of resale transactions in the CCR.
Resale condo prices to moderate in coming months
Price gains may be capped at around 8% in 2023.
Condo rents drop 0.2% MoM in October
Rents across sub-markets dropped in October, except for RCR.
HDB rents slip 0.4% MoM in October
By room type, 5 Room recorded the highest rent decrease.
Will Long Island be Singapore’s second Sentosa?
An expert expects over 30,000 and 60,000 homes to be built on the 800ha land.
Condo resale prices increase by 7.5% YoY in October
Across submarkets, OCR posted the highest year-on-year price increase.
Condo resale volume jumps 14.7% MoM in October
Over 800 units got resold during the month.
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