Property News
Property News – November 2022
28th November 2022
Tengah Town’s Copen Grand EC fully sold …… full article here.
*Source from Business Times
Flexi office space markets rebound in Q3, further growth seen despite economic headwinds …… full article here.
*Source from Business Times
26th November 2022
Tanjong Katong, Clementi housing sites and Pasir Panjang EC plot up for sale …… full article here.
*Source from Business Times/Zao Bao
Companies deleveraging while households gear up to buy property. MAS expects companies, households and banks to remain resilient in the face of global macro-financial shock next year …… full article here.
*Source from Business Times
Mortgage debt manageable for most households, but interest rate shocks and growing cost pressures due to inflation pose risk …… full article here.
*Source from Straits Times
24th November 2022
Mega HDB BTO launch, over 9,600 flats offered. 4-room flats in non-mature estates for for under S$400k, keeping public housing accessible and affordable …… full article here.
*Source from Straits Times
Risk of further monetary policy tightening ahead despite inflationary pressure in Singapore having unexpectedly cooled in October …… full article here.
*Source from Business Times
Singapore’s core inflation eases for the first time since February. Dip comes on the back of small hikes in prices of energy, retail and services …… full article here.
*Source from Straits Times
Singapore’s official 2023 growth forecase gloomier than expected but Singapore is not unlikely to enter full year or technical recession …… full article here.
*Source from Business Times
23rd November 2022
New building technology at Tengah BTO projects help reduce waiting time for buyers …… full article here.
*Source from Straits Times
Paying rent in the interim makes sense for would-be first time home buyers, saving their CPF earnings and growing CPF interest …… full article here.
*Source from Business Times
22nd November 2022
Government reviewing how to further prioritising HDB BTO flats for those with urgent need …… full article here.
*Source from Straits Times
Bank woo savers for fixed deposits as mortgage rate climbs …… full article here.
*Source from Business Times
19th November 2022
Q3 demand for resale private homes slips as prices continue to rise due to economic uncertainties and recalibrated colling measures, rising inflation and increase in interest rates …… full article here.
*Source from Business Times
18th November 2022
HDB to launch 9,500 BTO flats on November 23. Three projects under prime location housing model …… full article here.
*Source from Business Times
Private home rent up in Q3 2022 to year 1998 level …… full article here.
*Source from Zao Bao
16th November 2022
October new home sales at two-year low as fewer projects launched. Excluding executive condominiums, 312 units were sold, a decline of 68.4% from September’s 987 units …… full article here.
*Source from Business Times
DBS, OCBC and UOB raised fixed home loan rates to as much as 4.5%, with DBS offering the longest tenure of up to 5 years …… full article here.
*Source from Business Times
15th November 2022
Tampines EC – Tenet – draws over 5,000 visitors on launch weekend …… full article here.
*Source from Zao Bao
Jurong library will move to transport hub with sports centre. This relocation will add vibrancy to this area …… full article here.
*Source from Zao Bao
13th November 2022
Tenet EC at Tampines North Preview starts yesterday, with smallest unit – a 3bedroom – with price from S$1.098 million …… full article here.
*Source from Zao Bao
12th November 2022
Tenet EC at Tampines preview starts today on 12th November 2022. Many buyers have been anticipating this new launch …… full article here.
*Source from Zao Bao
11th November 2022
Resale mass market private homes transaction volumes increase in Q3 …… full article here.
*Source from Zao Bao
Core Central region of Singapore is expected to launch approximately 2,500 new private homes for sale …… full article here.
*Source from Zao Bao
10th November 2022
Residential property rents climb in October for both condo and HDB. Demand driven by multiple factors …… full article here.
*Source from Business Times/Straits Times
9th November 2022
Condo resale volumes slide 11.6% in October, but price growth slows. Overall prices are still 10.5% higher on the year, with all regions posting price increases …… full article here.
*Source from Business Times
Average price psf for flats in mature estates rising faster than in non-mature estates …… full article here.
*Source from Straits Times
Calls to limit access to HDB sky gardens to curb nuisance …… full article here.
*Source from Straits Times
8th November 2022
About 45% of HDB flat owners with private property rent out whole flat …… full article here.
*Source from Business Times
Raising CPF interest rates amid inflation will not benefit everyone. Those who use CPF for home purchase have more to lose from accrued interest …… full article here.
*Source from Straits Times
9,200 household opted for lease buyback since scheme’s launch in 2009 …… full article here.
*Source from Straits Times
Stiffer penalties proposed for those trespassing on state land …… full article here.
*Source from Straits Times
7th November 2022
Private home rent has increased 30%, and expected to increase another 15% next year …… full article here.
*Source from Zao Bao
5th November 2022
The great Orchard Road reboot …… full article here.
*Source from Straits Times
4th November 2022
HDB resale prices up in Oct but fewer units sold. Signs of impact of cooling curbs on flat prices …… full article here.
*Source from Straits Times
Caution reigns at state land tender, despite develpers’ low unsold private housing inventory. Plum site near Beauty World station garners just five bids, while Hillview Rise plot fetches four bids …… full article here.
*Source from Business Times
3rd November 2022
31ha of Bedok forested areas to be cleared by 2029 for 10,000 homes. Mix of private and public housing in Bayshore Precinct likely to be ready from mid-2030s …… full article here.
*Source from Straits Times
2nd November 2022
New condo preview at River Valley. Hill House, joint venture between Macly Group as the lead developer, Roxy-Pacific Holdings and LWH Holdings, with prices starting from S$1.3m …… full article here.
*Source from Business Times
1st November 2022
URA launches residential sites at Lentor Gardens and Lentor Central for tender …… full article here.
*Source from Business Times