Singapore residential property

BRUNCH

Room for new ideas: Private-sector players eye opportunities in Singapore’s senior-living space

Options such as intergenerational co-living are emerging, but obstacles to take-up remain, say observers

Spanning about 11,535 sq m, the parcel can yield about 185 units.
SINGAPORE PROPERTY

Canberra Drive executive condo site is first to test market after EC rules tightened

Launch of the tender follows the government rolling out new measures to cool the heated market

What is the state of play in the resale market for private homes?

Who are buying private homes and how do agents stay relevant? With PropNex’s CEO Kelvin Fong

Who is buying at new condo launches? What is the state of play in the resale market for private homes? Also get perspectives on AI’s impact on the agency business and Singaporeans’ love for private ho...

Newport Residences spans levels 23 to 45 of the 45-storey Newport Plaza, which will also have Grade A offices, F&B spaces and branded serviced apartments.
THE LEVEL GROUND

Should buyers get more excited over relatively ‘cheap’ freehold Newport Residences?

The project’s underperformance versus River Modern may not be justified

Evidence showed the parties intended the 99-1 ratio to reflect both their legal and beneficial ownership of the property.

Apex court rejects resulting trust claim in 99-1 condo dispute

It says enforcing such a trust would effectively endorse an intention to evade ABSD

Applying a 10-year MOP to homeowners can be extremely harmful to housing mobility.
THE LEVEL GROUND

Allow flexibility on 10-year minimum occupation period for homeowners with sufficient deterrents

Needs and financial circumstances of owners of HDB Plus and Prime flats and new EC units can change

Including executive condominiums, 1,649 units were sold in April, with 1,426 units launched.
SINGAPORE PROPERTY

Developers sell 1,548 new homes in April, chalking up the highest sales in six months

The Outside Central Region accounts for 87.7% of condo and private apartment deals last month

A one-bedder unit is cheaper than larger flats, and also has lower recurring costs as management fees and maintenance costs are generally higher for bigger units.
THE LEVEL GROUND

Should developers build more one-bedroom condo units?

Affordability, leasing demand and an ageing population support having more of such housing

The new measures will apply to all executive condominium projects on government land sale sites with tender closing dates on or after May 8.
SINGAPORE PROPERTY

Upcoming EC projects that are exempt from new rules get a ‘bonus’, as buyers steer towards them: analysts

Scrapping of deferred payments could be a major blow to sales on sites sold in the future

Even with tougher rules, buying a new EC unit is a cost-effective way to achieving private housing aspirations.
COMMENTARY

Executive condo prices may be dampened by new measures, but don’t expect a sharp fall

Strengthening the housing system helps boost social cohesion