Homy嘉园

Singapore Property News

October 1, 2020

Singapore private home prices rise by faster pace in Q3, defying Covid-19 recession
SINGAPORE – Despite the Covid-19 pandemic and a recession, prices of private homes in Singapore picked up in the third quarter as Singapore entered phase two of its reopening after a nearly two-month-long circui...
Posted by: Homy
Categories: Real Estate
September 30, 2020

MinLaw to restrict proxies at general meetings for en bloc sales to minimise risk of abuse
SINGAPORE The number of unit owners a proxy can represent at general meetings for en bloc sales of private property will be capped from January next year to minimise the risk of proxy abuse, the Ministry of Law (MinLa...
Posted by: Homy
Categories: Real Estate
September 29, 2020

Redas president calls for ABSD reprieve for first-time upgraders
FOLLOWING the government’s clampdown on Monday on the re-issuance of options to purchase (OTPs) by private housing developers, the head of the developers’ body has urged the government to urgently consider...
Posted by: Homy
Categories: Uncategorized
September 29, 2020

ERA Singapore sells house in eight minutes at its first virtual property auction
REAL estate agency ERA Singapore sold a two-and-a-half storey semi-detached house for S$3.4 million in eight minutes at its first virtual property auction on Monday. Read more at The Business Times.
Posted by: Homy
Categories: Uncategorized
September 29, 2020

Strong condo sales targeting HDB upgraders will likely sustain momentum: DBS
THERE may be a broader trend of HDB upgraders recycling their public housing flats into private homes given the robust sales volumes at recent private residential projects, particularly that of Penrose. Read more at T...
Posted by: Homy
Categories: Real Estate
September 28, 2020

MYP to sell ABI Plaza for S$200m to Artemis Ventures
REAL estate investment firm MYP, which is controlled by Indonesian billionaire Tahir’s family, on Monday announced it plans to sell ABI Plaza in Tanjong Pagar for S$200 million. Read more at The Business Times.
Posted by: Homy
Categories: Uncategorized
September 28, 2020

Six strata-titled commercial units at Jalan Taman for sale with S$25m guide price
SIX strata-titled commercial units at 1 Jalan Taman are up for sale collectively by expression of interest with a guide price of S$25 million, exclusive marketing agent Tristar Properties said. Read more at The Busine...
Posted by: Homy
Categories: Real Estate
September 28, 2020

URA restricts re-issue of option to purchase for same unit
THE Urban Redevelopment Authority (URA) has restricted the re-issuing of the Option to Purchase (OTP) to buyers of the same unit. Read more at The Business Times.
Posted by: Homy
Categories: Real Estate
September 27, 2020

Shoebox apartment market down on recession shakeout
DEMAND for shoebox units in the primary market fell in the first eight months of 2020 from a year ago as pain from unemployment and wage cuts for the usual buyers of such small, private homes came up against fewer cho...
Posted by: Homy
Categories: Real Estate
September 27, 2020

Over 60% of Penrose condo units sold over the weekend
HONG Leong Holdings sold 341 units of its 566-unit Penrose condominium over the weekend as at 5pm on Sunday. Read more at The Business Times.
Posted by: Homy
Categories: Real Estate

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