Category: Property News

Chart of the Week: Why did HDB resale volume spike in Q3 2018?

Numbers and percentages from quarterly property reports are interesting to look at, but they often don’t give the full picture. On 26 October 2018 (Friday), the Housing & Development Board (HDB) released its Q3 2018 report and data on the HDB resale market. In particular, one statistic jumped out: The volume of HDB resale transactions…

reasons why en bloc fever ended

4 reasons why Singapore’s en bloc fever has well and truly ended

If you’re a property developer, the Halloween horror show came early. July 2018 was pretty much the death knell for Singapore’s en bloc fever, and the subsequent months saw more nails being hammered into the collective sale coffin. The numbers make for shocking reading. Following the July cooling measures, more than 30 collective sale sites…

resale condos Concourse Skyline

Which district’s resale condos fared best in Q3 2018?

As is usually the case, new launches usually steal the headlines from resale condos. To get a true feel of the market, however, we need to momentarily cast aside the hype and bluster from new launch condos and focus on transactions in the resale condo market. In the second part of the Q3 2018… Q3 2018 Property Report Part 1: What Buyers and Renters Want

It’s been a roller-coaster third quarter of the year (Q3 2018). Spurred by buyers rushing to secure their condo units before the latest round of cooling measures took effect on 6 July 2018, the total number of property transactions for July 2018 attained a high (5,478 transactions) not reached since January 2013 (5,678 transactions). Condo transactions,…

URA guidelines change for new condos: All you need to know

On 17 October 2018, the Urban Redevelopment Authority (URA) — Singapore’s urban planning authority — announced several new guidelines for condominium developments that would take effect early next year*. Among other things, the rules included reducing the maximum number of units allowed in new condominiums outside the Core Central Region (CCR) of Singapore. The reasons…

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