Property

Land Swap Agreement Between Singapore and Johor Regent

Singapore and Johor Regent Agree to Swap Land Parcels at Holland Road

Singapore and Johor authorities have announced an agreement to swap land parcels at Holland Road between the state and the regent of Johor, Tunku Ismail. The purpose of this land swap is to facilitate the regent’s development plans while ensuring they are farther away from the renowned Singapore Botanic Gardens, a UNESCO World Heritage Site.

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Mount Pleasant BTO Project Set to Debut in October with Affordable Prime Flats

Launch of First Mount Pleasant BTO Project in October to Offer Affordable Prime Flats

The first Build-to-Order (BTO) project in the upcoming Mount Pleasant housing estate in central Singapore is set to be launched in October. The project will consist of about 1,500 two- to four-room units, along with public rental flats, in residential blocks exceeding 40 storeys. According to Minister for National Development Desmond Lee, residents in Mount

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Keeping Our Homes Affordable: PM Wong's Pledge to Singaporeans

PM Wong Ensures HDB Housing Will Remain Affordable for Singaporeans

In a recent dialogue session at the National University of Singapore, Prime Minister Lawrence Wong emphasized the government’s commitment to keeping public housing affordable for Singaporeans. He stated, “HDB will continue to price new Build-to-Order (BTO) in relation to income, not in relation to the resale market.” Regarding the issue of rising resale prices, PM

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Singapore Tightens HDB Loan Limits and Increases Grants for First-Time Buyers

Singapore Tightens HDB Loan Limits and Increases Grants for First-Time Buyers

In a recent government effort to stabilize the public housing resale market in Singapore, the Housing and Development Board (HDB) along with the Ministry of National Development (MND) announced a new set of cooling measures effective from August 20. These initiatives aim to manage rising housing prices and make homes more accessible to first-time buyers.

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Condo Rents Show Signs of Recovery as Rental Volumes Improve: SRX, 99. co

After seven consecutive months of decline, condominium rents in Singapore experienced a slight rebound in March, supported by a resurgence in leasing demand following the Chinese New Year festivities in February. Initial estimates released by SRX and 99.co on April 18 indicated a recovery in rental volumes for both condominium units and Housing Board (HDB)

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HDB Resale Prices Up 0.3% Increase in March, With Fewer Units Sold

In March, the prices of Housing Board (HDB) resale flats continued their upward trend for the sixth consecutive month. Analysts attribute this increase to the strong demand for larger units and the growing number of million-dollar flat transactions. Based on flash data from real estate portals Singapore Real Estate Exchange (SRX) and 99. co, prices

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Address Misuse Alert: A Rising Issue for Homeowners in Singapore

In March, a Singaporean homeowner, Madam Lim, faced a peculiar situation when she was notified via an SMS from the Ministry of Manpower (MOM) that a migrant worker had been wrongly registered as a tenant at her condo unit in Jurong East. This surprise turned into astonishment when she discovered another migrant worker had also

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HDB Resale Prices Rise 1.7% in Q1, Outpacing Previous Quarter’s Growth

SINGAPORE – Housing Board resale flat prices experienced a slight increase of 1.7% in the first quarter of 2024, surpassing the 1.1% growth seen in the previous quarter. This marks the 16th consecutive quarter of price growth since the second quarter of 2020, according to flash estimates released by HDB on April 1. HDB has

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