Residential Property
Lower property tax to benefit most private owners
Singapore will likely see a 20%-30% lower property tax in 2025.
Lower property tax to benefit most private owners
Singapore will likely see a 20%-30% lower property tax in 2025.
2023 records lowest private residential leasing volume in seven years
A total of 82,257 private residential properties island-wide were rented out in 2023
ABSD clawback has negligible impact to property developers: analyst
They are expected to retain the current playbook of selling as much stock upfront.
Singapore lowers ABSD remission clawback rate for projects with 90% units sold
This took effect on 16 February 2024.
Project launches spur home sales in January
Last month’s sales were still down YoY.
Budget 2024: Government raises annual value band property tax threshold
The lower threshold will be increased to $12,000.
Singapore unveils rent voucher for families awaiting BTO flat completion
The 1-year voucher is expected to enable them to temporarily rent an HDB flat.
New private home sales record lowest drop in 16 years
Delays in obtaining sales permits impacted new launches.
Government Land Sales poised to boost 2024 property investment market
An expert forecasts investment sales to increase to $25b-$28b this year.
Residential price growth to moderate in 2024
EDMUND TIE expects a growth of 3%-5%.
URA rejects GuocoLand JV’s bid for Marina Gardens Crescent site
Singapore's first canceled land sale tender since November 2011.
PropertyGuru’s budget wishlist wants 15-month wait period cut, ABSD tweaked
The firm also calls for the return of estate duty.
Good Class Bungalow transactions dwindle by 58.3% YoY in 2023
Only 20 GCBs were sold last year.
CDL acquires Yardhouse site in Central London for $148.6m
Yardhouse will mark CDL’s first private rented sector project in Central London.
Demand for larger homes fuel HDB resale price growth: experts
A new record number of million-dollar flats was recorded last month.
HDB resale prices rise 1.5% MoM in January
Year-on-year, prices rose by 5.7%.
HDB doubles supply of Parenthood Provisional Housing Scheme flats
The agency increased the flat supply to 4,000 by 2025 from the current 2,000.
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