Property News
Property News – January 2023
31st January 2023
Condo resale volume dropped in Q4 2022, while prices continue to climb …… full article here.
*Source from Business Times/Straits Times/Zao Bao
30th January 2023
More than 90% of property transactions in 2022 made profit …… full article here.
*Source from Zao Bao
Toa Payoh school site earmarked for housing …… full article here.
*Source from Straits Times
28th January 2023
Housing market has slowed, government to monitor prices and borrowing …… full article here.
*Source from Business Times
HDB resale price growth slows in Q4 as prices flatten and sales fall …… full article here.
*Source from Business Times
Private home prices up in Q4 but future increases expected to slow. Upside supported by low unsold inventory, healthy household balance sheet, as well as higher rents and construction costs …… full article here.
*Source from Business Times/Straits Times/Zao Bao
Singapore’s inflation problem unlikely to dissipate any time soon. MAS may go for one more tightening move at its April meeting …… full article here.
*Source from Straits Times
Luxury and mass market private home sales performance differ due to price and marketing strategy …… full article here.
*Source from Zao Bao
27th January 2023
Online platform for transferring property titles set to be ready in 2026 …… full article here.
*Source from Straits Times
26th January 2023
*Source from Business Times
A home is still affordable in Singapore unless you expect a luxury house …… full article here.
*Source from Straits Times
24th January 2023
Singapore’s economy is expected to grow in 2023 amidst external uncertainties …… full article here.
*Source from Zao Bao
22nd January 2023
4 possible trends in HDB resale market. Expect new challengers in 2023, but also some opportunities for buyers to take advantage of …… full article here.
*Source from Sunday Times
Record-high HDB rents driving Malaysians working here to live in JB …… full article here.
*Source from Sunday Times
Flexi public housing schemes with essential care services for seniors, and aims to provide them with lifelong income …… full article here.
*Source from Sunday Times
HDB repossessed 160 flats after owners fail to pay mortgage. Chasing profit can turn dream home into nightmare experience …… full article here.
*Source from Sunday Times
With condo prices so high, walk-up apartments are hidden gems now …… full article here.
*Source from Sunday Times
Slower growth in 2023, but Singapore can avoid recession …… full article here.
*Source from Sunday Times
21st January 2023
*Source from Zao Bao
HDB BTO flats to catch up with delays. Over 20,000 HDB flats built in 2022, highest number in past five years …… full article here.
*Source from Zao Bao/Straits Times
20th January 2023
SLA to manage state land within public housing estates from 1st Match 2023 …… full article here.
*Source from Business Times
19th January 2023
Boulevard 88 unit tops Q4 resale gains. Seller reaps S$3.5m profit after 3 years. The 5 biggest money-making deals are all in Core Central Region …… full article here.
*Source from Business Times
New private home prices expected to inch up this year …… full article here.
*Source from Zao Bao
Singapore is second most preferred city in Apac for cross-border property investments in 2023. Singapore continues to be a focus for core investors due to its strong market fundamentals …… full article here.
*Source from Business Times
18th January 2023
*Source from Business Times
Singapore private home rents set to climb 10% to 15% this year …… full article here.
*Source from Straits Times
17th January 2023
Private home sales last year fall to lowest since 2008 due to absence of new launches and year end holiday …… full article here.
*Source from Business Times
16th January 2023
Sceneca Residence sells 60% of 268 units on launch day at average S$2,072 psf …… full article here.
*Source from Business Times
ECs growing in appeal as resale units generate windfall profits. Robust take-up for new launches comes as price gap with suburban condos widens …… full article here.
*Source from Straits Times
13th January 2023
Singapore property investment sale drop in Q4. But sales for the full year are up …… full article here.
*Source from Business Times
Tight home supply likely to ease further …… full article here.
*Source from Straits Times
12th January 2023
Chinese homebuyers to gradually return to Singapore market as travel restrictions ease. …… full article here.
*Source from Business Times
10th January 2023
4,700 potential violations of Minimum Occupation Period rules between 2017 and 2022. 69 agents investigated for helping clients market ‘vacant BTO flats, 18 agents taken to task …… full article here.
*Source from Business Times/Straits Times
7th January 2023
Downbeat global economy doesn’t mean disaster. Powerful forces raising fears of a broad recession will eventually dissipate. But there will be some bumps along the way …… full article here.
*Source from Business Times
6th January 2023
HDB resale prices up in December, the lowest gain in 30 months. Property cooling measures, high interest rates and resistance to high prices continue to weigh on demand …… full article here.
*Source from Business Times
5th January 2023
Older resale flats favoured, thanks to their larger size and greater affordability …… full article here.
*Source from Business Times
Prime residential prices to moderate in 2023. Market outlook in the longer term remain positive …… full article here.
*Source from Business Times
4th January 2023
HDB resale prices climb at slower pace in Q4 …… full article here.
*Source from Business Times
HDB will wait for right time to expose and penalise BTO flat buyers when they breach regulations …… full article here.
*Source from Zao Bao
Private home prices shrug off curbs, prices to grow at slower pace in 2023 as homebuyers’ interest sustained despite combination of recessionary pressures and cooling pressures …… full article here.
*Source from Business Times
*Source from Business Times
Ways for home owners to manage their finances as mortgage rates continue to rise. Refinancing and spending less on unnecessary items are among options …… full article here.
*Source from Straits Times
2nd January 2023
Over 5000 new private residential units set to be launched in H1 2023. Half of new supply will sit in City Fringe locations. Five projects lining up in Q1 2023 …… full article here.
*Source from Business Times
Sceneca Residence preview on 1st January 2023 attracted 3,000 interested buyers …… full article here.
*Source from Zao Bao