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SG News Roundup: Property market bounceback continues, cooling measures to stay

Property portal 99.co presents the following weekly property news roundup for the week of 12 to 18 September: #1: New home sales hit 11-month high in August Official figures released by the Urban Redevelopment Authority (URA) revealed that developers sold 1,256 non-landed private homes in August 2020—up from 1,080 units sold in July. This marked an…

hdb rental yield high

Why are rental yields so high for HDB flats?

If your only concern is rental yield, then an HDB flat will come out ahead of a private property simply because a HDB flat costs less. Many HDB flat owners will tell you about yields as high as 5 to 7%, about two percentage points ahead of private properties. But is this accurate, and does…

august condo sales experts take analysis

Experts’ Take: August condo sales accelerate to year-high

Condo sales in August 2020 have reached an 11-month high, according to official figures by the Urban Redevelopment Authority (URA). Excluding Eexecutive Condominiums, a total of 1,256 non-landed private residential units changed hands in the month—a 16.3% month-on-month increase. The August 2020 figures were the highest since 1,270 units were sold in September 2019. Private…

property news chong pang integrated hub

SG Property News Roundup: Yishun HDB block to make way for integrated hub [with video]

Property portal 99.co presents the following weekly property news roundup for the week of 5 to 11 September: #1: HDB block to make way for integrated community hub in Yishun Yishun’s Chong Pang neighbourhood will be rejuvenated with a new integrated development to be called [email protected] Pang. The 9,000 square metre, multi-storey development will be…

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