Property News

Property News

Property News – January 2022

29th January 2022

Private home prices jump 10.6% last year, home rents up by 9.9%. This is the seventh straight quarterly growth …… full article here.

*Source from Straits Times

Prices of Singapore non-landed private homes up 5.3% in Q4. Q4 landed home prices up 3.9%, jumping 13.3% for whole year, bringing the price index homes to an all-time high …… full article here.

*Source from Business Times


27th January 2022

URA awards Jalan Tembusu, Lentor Hill sites to highest bidders. New sites tendered, and more new sites to be released for tender. Land cost getting higher …… full article here.

*Source from Straits Times


26th January 2022

Singapore property market could see limited impact from tightened monetary policy. With MAS poised to tighten further, this may even motivate foreign buyers to invest in Singapore, thanks to the prospect of a stable Sing dollar …… full article here.

*Source from Business Times


25th January 2022

Singapore shophouse sales hit record S$1.9b in 2021 …… full article here.

*Source from Business Times


22nd January 2022

Singapore is third most preferred destination in Apac for cross-border real estate investment in 2022. Within Asia- Pacific, Singaporeans, South Korean, Japanese and Australian investors show the strongest purchasing appetite …… full article here.

*Source from Business Times


21th January 2022

Former Caldecott Broadcast Centre to be developed into 15 leasehold GCB plots. The prime District 11 location is the first major 99-year leasehold GCB site to be launched …… full article here.

*Source from Business Times


20th January 2022

Gloria Mansion at Pasir Panjang sold en bloc for S$70.3m. the sale is the first full residential collective transaction since the most recent round of property cooling measures was implemented in December 2021 …… full article here.

*Source from Business Times


19th January 2022

CDL bids $768m for GLS site in Jalan Tembusu. Second site – in Lentor Hills Road – has 4 bids, a sign that developers are more cautious …… full article here.

*Source from Straits Times

High-end private homes draw certain buyers amid slower market activity after the cooling measures. Demand for luxury homes has yet to dry up as some local first-time home buyers and others exempt from the Additional Buyer’s Stamp Duty (ABSD) continue to transact …… full article here.

*Source from Business Times


13th January 2022

Condo, HDB rent jumps over 10% in 2021. More turn to rental housing options owing to construction delays caused by pandemic …… full article here.

*Source from Straits Times


12th January 2022

Local resale condo market posts good 2021 showing; condo resale prices surged 10.3% last year, with sales up nearly 82% …… full article here.

*Source from Business Times


10th January 2022

More people unable to fully refund CPF after selling house in 2020. But no one had to make a cash top-up that year, as majority sold house at market value …… full article here.

*Source from Straits Times


9th January 2022

Smart way to renovate your home. Like for other investments, doing homework can save you a lot of money and you can avoid a big headache …… full article here.

*Source from Sunday Times


6th January 2022

Proposed rule changes to give home buyers better protection. More project details, simpler payment schedule among requirements put forward …… full article here.

*Source from Straits Times


4th January 2022

Progress in reopening, VTL scheme key to S’pore’s economic outlook. These may be shot in arm for building, services sectors if manufacturing growth moderates …… full article here.

*Source from Straits Times

Private home prices jump 10.6% in 2021 ahead of new curbs. Increase marks highest annual growth since 2010; prices driven by non-landed segment …… full article here.

*Source from Straits Times

2022 forecast may be revised upwards as Q4 growth exceeds expectations. In the year ahead, high vaccination rates should support further reopening and lessen the risk of disruptive restrictions, while the recovery broadens …… full article here.

*Source from Business Times

Private home prices, HDB resale prices gain pace in Q4 2021. In 2022, it will become a genuine homebuyers’ market, and it will make sense for motivated sellers to pursue this group with realistic pricing …… full article here.

*Source from Business Times


3rd January 2022

Shrinking Private Housing supply, swelling rental demand – CNA

https://www.channelnewsasia.com/singapore/property-trends-2022-hdb-condo-supply-rental-demand-2408841?cid=internal_sharetool_androidphone_03012022_cna

Private Home prices & HDB Resale price up in Q4 2021 – Business Times

https://www.businesstimes.com.sg/real-estate/private-home-prices-climb-5-hdb-resale-prices-up-32-in-q4-2021-flash-data