Category: Property News

Singapore has enough unsold condos that, at the current rate of sales, it would take us four years to clear out the existing supply. And a much higher supply means property prices will come down, right? Possibly, but that’s a bit of an oversimplification: Singapore’s supply overhang According to The Business Times, there was an…

You think not having lift access on every floor isn’t a big deal? You’re wrong, and there are some reasons why needing to “just climb a few stairs” can suck more than think: There are still 150 blocks of flats that can’t have 100 per cent lift access We’ve spent about $5 billion on the…

Second Minister for National Development Desmond Lee gave a speech at the REDAS 60th Anniversary Dinner, and we know property lovers are already picking over it for clues. To save you some time, we’ve condensed some of the key highlights: Singapore’s property market is stable, but faces downside risks in the near future Minister Desmond…

10 people, including property agents, sellers, and one lawyer, are being charged in court today for a housing loan cashback scam. What is that, and how does it work? We explain: The latest use of an old scam The recent scam took place on four property purchases, sometime between 2014 and 2015. According to investigations…

Government Land Sales (GLS) aren’t going to change much in 1H 2020, as we wait to clear the rising supply of unsold units. Nonetheless, there’s potential for as many as 6,490 new homes: The supply situation for 1H 2020 GLS for the upcoming half of 2020 consists of three confirmed list sites, and eight reserve…

A good property agent more than deserves his/her commission, but many buyers and sellers are often unsure about how much to pay. So do landlords and tenants. Truth is, there are many factors that determine property agent commission in Singapore; even seasoned sellers, buyers and renters can become confused about industry standards. So, here’s our…

These days, flats are seen as roofs over our heads rather than “retire rich in Thailand” investment packages. But we know some of you still have an eye toward upgrading, so we looked at overall flat appreciation over 15 years, in all the HDB towns: Appreciation of flats across HDB towns since 2004: Top 5…

MAS is warning of a “large supply” of unsold homes, and coming economic uncertainty down the road. Here’s what to look out for: A looming oversupply issue According to the MAS Financial Stability Review on 28th November, the rising number of unsold homes “could place downward pressure on prices in the medium term, if unaccompanied…

Can’t get enough of our kickass property content? Listen to us on CNA938 every week as we talk about loved neighbourhoods, new condos and property news. Oh! And we also answer your burning questions about property! Tune in every Saturday 10 am to 93.8 FM. Latest Episode: 23 Nov 2019    Neighbourhood of the week: Macpherson…

Welcome to Singapore. You may notice there are some discrepancies between what you’ve heard, and this actual country (e.g. no riot police beating up bubblegum chewers, and the dominant presence of Boring Rich Asians). To avoid further confusion, we’re here to provide clarity on an important topic: how much it costs to stay near the…