Property News
Property News – December 2023
28th December 2023
HDB resale market seen stable, with 3-5% price growth forecast …… full article here.
*Source from Business Times
Private leasing market slides further in November, while HDB rents rebound …… full article here.
*Source from Business Times
Property auction volumes down for consecutive 3 years …… full article here.
*Source from Zao Bao
27th December 2023
HDB resale prices and transaction volumes expected to stabalise in 2024. More flats will obtain MOP status next year, thus more million dollar flats to be seen transacting …… full article here.
*Source from Zao Bao
Drop in prices of luxury private properties seen in November. This is the effect of higher ABSD and recent money laundering scandal. Situation expected to recover in 2024 …… full article here.
*Source from Zao Bao
Condo resale prices continue uptrend while volumes stay flat in November …… full article here.
*Source from Business Times
Enbloc at standstill …… full article here.
*Source from Business Times
21st December 2023
Rental occupancy cap relaxed to 8 unrelated people for bigger HDB flat and private properties. This temporary measure will take effect between 22 January 2024 and 31 December 2026 …… full article here.
*Source from Business Times
GCB deal volume and prices are expected to rise in 2024 on pent-up demand …… full article here.
*Source from Business Times
19th December 2023
Prices of private properties and HDB flats widen, leading to drop in volumes of upgraders …… full article here.
*Source from Zao Bao
*Source from Zao Bao
Family offices in Singapore to face tougher screening measures …… full article here.
*Source from Straits Times
18th December 2023
Assisted-living flats in Bukit Batok delayed after HDB axes contractor over poor progress …… full article here.
*Source from Straits Times
16th December 2023
Assisted-living flats in Bukit Batok delayed after HDB axes contractor over poor progress …… full article here.
*Source from Business Times
New private home sales more than treble in November to highest in four months mainly from launches of 3 new projects …… full article here.
*Source from Business Times
12th December 2023
Woodlands and Sin Ming BTO flats most popular among first-timer in December …… full article here.
*Source from Straits Times
287 victims fallen into rental scams in the last 4 months, lost $1.8m …… full article here.
*Source from Zao Bao
Singapore narrows the gap with Hong Kong on real estate deals …… full article here.
*Source from Business Times
9th December 2023
Condo maintenance fees on the rise, set to go higher as cost climb …… full article here.
*Source from Business Times
Close to two-thirds of home owners with Sibor mortgages yet to switch as deadline looms …… full article here.
*Source from Business Times
8th December 2023
HDB reale prices up in November but volumes decline …… full article here.
*Source from Business Times
7th December 2023
Weak interest in PLH BTO flats seen during launch, most likely due to the increase subsidy claw back upon resale …… full article here.
*Source from Zao Bao
Another round of BTO flats launch in Febraury 2024, just 2 months after planned launch in December, with nearly 4,100 flats in 7 projects …… full article here.
*Source from Straits Times
MND to boost private housing supply in H1 2024 on confirmed list …… full article here.
*Source from Business Times
6th December 2023
HDB launches over 6,000 BTO flats across 8 projects in 7 towns in December. Upon resale, 2 of the projects under PLH will have its subsidy clawback increase to 8% …… full article here.
*Source from Straits Times
5th December 2023
Wealthy chinese looking to diversify portfolio turn to Singapore …… full article here.
*Source from Straits Times
3rd December 2023
Owner loses 5-room HDB Flat due to illegal subletting within MOP period …… full article here.
*Source from Straits Times
4 key private property trends to watch in 2024 …… full article here.
*Source from Straits Times
1st December 2023
Executive Condominium sites put up for sale in Tengah and Tampines …… full article here.
*Source from Business Times
Bedok assisted-living HDB flats to be launched in December …… full article here.
*Source from Business Times