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SINGAPORE (EDGEPROP) - Prices of HDB resale flats rose for its third consecutive quarter in 4Q2020, increasing by 3.1% q-o-q, according to HDB public housing data. In 4Q2020, a total of 7,642 HDB resale units changed hands, which was 1.9% lower than the 7,787 units transacted in 3Q2020. However, the transaction volume in 4Q2020 was 20.6% higher y-o-y, based on HDB data. “Against a backdrop of the worst...
SINGAPORE (EDGEPROP) - Prices of private residential properties increased by 2.1% in 4Q2020, compared with the 0.8% increase in the previous quarter, according to URA data.For the full-year 2020, prices of private residential properties increased by 2.2%, compared with a 2.7% increase in 2019. The price increase in residential properties was mainly driven by non-landed properties in the Rest of Central...
SINGAPORE (EDGEPROP) - High-floor units at the iconic Pinnacle@Duxton dominated the top 10 HDB resale deals in 2020, claiming seven spots on the list. The sales of five-room units at Natura Loft in Bishan and at City View @ Boon Keng were also among the top HDB resale transactions in 2020. The record HDB resale transaction of 2020 was the sale of a 1,151 sq ft, five-room unit at Block 1B at...
SINGAPORE (EDGEPROP) – Some of the 3,700 BTO flats that were originally scheduled for May in Choa Chu Kang, Tengah, Pasir Ris and Tampines will be combined with August’s launch. The deferment was a result of the closure of non-essential workplaces such as construction sites. As a result, HDB will offer about 7,800 flats in Ang Mo Kio, Bishan, Choa Chu Kang, Geylang, Pasir Ris, Tampines, Tengah and...
SINGAPORE (EDGEPROP) - Based on the residential status of homebuyers in Singapore, the number of foreign home purchasers have fallen the most by 26.1% to 215 units in 1Q2020, compared to other statuses, according to Edmund Tie’s Private Homes Report for June 2020.Transaction volumes by Singaporeans and Singapore Permanent Residents (PRs) decreased by 12.5% and 10.5% respectively in 1Q2020. Source: URA...
SINGAPORE (EDGEPROP) - Global nomads who have been grounded during the lockdown are looking forward to Singapore’s “green lanes” or “Covid-19 safe air corridor”. “Once travel resumes, activity will return,” says Jacqueline Wong, executive director and head of The Private Office at Savills Singapore.Wong: Those who have already landed in Singapore are shopping for ‘good deals. And by this,...
SINGAPORE (EDGEPROP) - The government has announced additional rental waiver for tenants who are small and medium sized enterprises (SMEs), particularly those who have seen revenue drop at least 35% in April and May. “The extra rental waiver is a much needed boost to tenants who have been severely affected by the extended circuit breaker, especially for retail and F&B tenants who are still unable to...
SINGAPORE (EDGEPROP) - During the “circuit breaker” period, eight units were sold at the Martin Modern luxury condo development by GuocoLand. This brings the total tally of units sold to 401 out of 450 units in the twin 30-storey development, which translates to a take-up rate of 89%.One of the purchases made just before the start of the circuit breaker was by a South Korean national. She purchased a...
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