Singapore Property News

SINGAPORE: Singapore implemented new property cooling measures on Wednesday (Dec 15) to slow down increasing home prices in the private residential and Housing Board (HDB) resale markets. This i

SINGAPORE: The Government on Wednesday (Dec 15) announced a package of measures to cool theprivate residential and HDB resale markets. The measures include raising Additional Buyer’s Stamp Duty (ABSD) rates, tig...

SINGAPORE: Shares of Singapore’s property firms fell on Thursday (Dec 16) after the Government unexpectedly announced a slew of new measures to cool the private residential and HDB resale markets.

SINGAPORE To meet growing demand for housing, the authorities will launch up to 23,000 Build-To-Order (BTO) flats yearly in 2022 and 2023. This will be a 35 per cent jump from the 17,100 flats launched this year.

SINGAPORE The increase in property prices, which has seen a sharp increase this year, is likely to slow down following the latest round of cooling measures imposed by the Government on Thursday (Dec 16).

SINGAPORE The latest property cooling measures will not affect genuine buyers looking for a place to live, especially first-time buyers, National Development Minister Desmond Lee assured the public on Wednesday (Dec 16).

THE 230-unit luxury freehold development Perfect Ten, slated to go to the market this Sunday (Dec 19), is now offering buyers a one-time, 5 per cent discount at its launch weekend. Read more at The Business Times.

The market could take about two to three years to recalibrate itself to an equilibrium. . Read more at straitstimes.com.

This represents a 35% increase every year in the number of flats available, from the 17,000 flats launched this year, said HDB. . Read more at straitstimes.com.