Singapore's fiscal position strong amid further deficit, reserve draw
As Singapore incurs a deficit of an unprecedented size and a second draw on its past reserves this financial year, they are necessary to pave the way for recovery and for the economy to emerge stronger.
Serviced apartments segment stays resilient amid Covid-19 outbreak
DEMAND for serviced apartments in Singapore seems to be holding up during the Covid-19 pandemic due to their focus on corporate travellers. At the same time, they also appeal to short-term guests who prefer them to hotels for the bigger space.
Property agents soldier on with virtual marketing
PROPERTY agents do not like it that show galleries will remain closed until further notice, but are taking it on the chin.
Show galleries to remain closed until further notice: URA
SINGAPORE developers will not be able to reopen show galleries to market their new projects come June 2 when reopening of the economy is done in phases, said an advisory from the Urban Redevelopment Authority (URA).
PropNex sells 113 new homes during 6 weeks of circuit breaker
PROPNEX Realty has sold 113 new homes in the first six weeks of the "circuit breaker", accounting for an impressive 74.3 per cent market share of top-selling projects as buyers get comfortable with virtual viewing.
Co-living operators upbeat as they look to demand from new segments
CO-LIVING operators in Singapore remain upbeat despite - and in some cases spurred on by - the Covid-19 pandemic crisis.
Amid poor home sales in April, the rich are still shopping - for posh properties
DESPITE a plunge in sales of new homes in April, the very rich had no problem forking out for their favourite asset amid the circuit breaker.
The wealthy continue to pick up choice assets amid April home sales plunge in S'pore
DESPITE a plunge in sales of new homes in April, the very rich had no problem forking out money for their favourite asset amid the "circuit breaker".
Singapore private home sales tumble 58% to 277 units in April over March: URA
DEVELOPERS in Singapore sold 277 new private homes in April, a dive of 58 per cent from 660 in March, as buyers stayed home during the "circuit breaker", confirming a Business Times report on Thursday.
Homebuyers get 6 months to review new purchase
HOMEBUYERS facing buyers' remorse will have six months to mull over whether they should go ahead with their purchase as they are now also given cover under the temporary relief measures from legal action as a result of Covid-19.
Temporary relief measures to also cover purchases of new homes: MinLaw
PROPERTY buyers are now also given cover under the temporary relief measures from legal action as a result of Covid-19.
More mortgagee listings go under hammer but buyers come up empty as sellers refuse to blink
HIGHLY indebted owners continue to hold out even as more homes go under the hammer amid worsening economic conditions due to the Covid-19 pandemic.
More Singapore properties go under the hammer but fail to sell as sellers cling on
HIGHLY indebted owners continue to hold out even as more homes go under the hammer amid worsening economic conditions due to Covid-19.
Half of developers likely to cut prices of Singapore new launches
THE sentiment of local property developers has dived, with half of them likely to lower the selling prices of their new launches in the next six months.
S'pore developers' sentiment dives; half likely to lower prices of new launches in next 6 months
LOCAL developers' sentiment has dived, with half of them likely to lower the selling prices of their new launches in the next six months.
Job-saving measures will cushion some of the pain hitting property sector
AS SINGAPORE heads towards its worst recession since its independence, with dire predictions of massive job losses, analysts believe the impact on the property sector will be cushioned by the government's determination to support citizens' livelihoods.
Private placement investors stepping up to address cash crunch
WITH bond markets seizing up or showing extreme volatility, private placement investors have stepped up and helped address cash crunch concerns.
Singapore private home prices to tumble, question is by how much?
ALTHOUGH private home prices fell only one per cent in Q1, sharper price falls are a given for the rest of the year, it's only a matter of magnitude. Not surprisingly larger price drops were already seen in the more expensive homes sold in Q1.
Sharper falls in Singapore private home prices a given; the question is: by how much?
ALTHOUGH Singapore's private home prices fell only 1 per cent in Q1, sharper price falls are a given for the rest of the year - it’s only a matter of magnitude.
Singapore private home prices fall 1% in Q1 q-o-q: URA
SINGAPORE private home prices fell 1 per cent in Q1 2020 against the previous quarter, said the Urban Redevelopment Authority (URA) on Friday.
ST Engineering's US$750m, 5-year bond a hit with investors
ST Engineering's US$750 million five-year 1.5 per cent issue has met with strong demand as the US dollar bond market bounces back.
Circuit breaker extension to hurt construction sector, shipyards
THE extension of the circuit breaker till June 1 will mean an additional month of lost revenue as well as delays to project completion timelines for construction companies in Singapore.
March's private home sales slump may be signal for full-year rout
DEVELOPERS in Singapore sold 660 private homes in March, down 32.4 per cent from the previous month as buyers of posh homes locked up their cheque books.
Singapore private home sales fall 32% in March on Covid-19 hit: URA
DEVELOPERS in Singapore sold 660 private homes in March, down 32.4 per cent from February's 976 units, as the coronavirus pandemic situation deteriorated.