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Recent Posts

ABSD raised to pre-emptively dampen property investment demand: Desmond Lee

Updated from : The Straits Times, 28 April 2023 SINGAPORE – The latest round of cooling measures was aimed at preventing property prices from being pushed up by investors and prioritising Singaporeans buying homes for owner-occupation, said National Development Minister Desmond Lee on Thursday. The Government imposed the latest round of increases in additional buyer’s stamp … Continue reading ABSD raised to pre-emptively dampen property investment demand: Desmond Lee

Distressed property listings in S’pore jump in Q1 as bankruptcies rise

Updated from : The Business Times, 25 April 2023 SINGAPORE – The number of mortgagee listings jumped in the first quarter of 2023, with more distress sales expected in the second half of the year as bankruptcy applications increase.  The number of bankruptcy applications rose 5.6 per cent quarter on quarter to 959 in the first … Continue reading Distressed property listings in S’pore jump in Q1 as bankruptcies rise

Condo, HDB rents rise but volume drops in February; more tenants resist price hikes

This marks the 26th straight month of growth for condo rents and the 32nd for HDB rents. PHOTO: ST FILE Updated from : The Straits Times, 30 March 2023 SINGAPORE – Rents for Housing Board (HDB) flats and condominium units continued to climb in February, even as fewer homes are being rented out, with some analysts … Continue reading Condo, HDB rents rise but volume drops in February; more tenants resist price hikes

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