Singapore residential property
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
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
Should developers build more one-bedroom condo units?
Affordability, leasing demand and an ageing population support having more of such housing
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
Executive condo prices may be dampened by new measures, but don’t expect a sharp fall
Strengthening the housing system helps boost social cohesion
New EC rules to cool prices: MOP doubled to curb flipping, no more deferred payments and more units for first-timers
Land bids, new launch sales expected to slow with first-timer priority raised to 90% of units, extended to 2 years
Prime Holland Plain site draws just one bid from Sim Lian at S$454 million or S$1,491 psf ppr
The lacklustre turnout is a far cry from that for an adjacent plot in 2025
Wing Tai, Metro outbid 5 others for Dunearn Road site with bullish S$1,625 psf ppr bid
This is just 3% more than Frasers Property consortium’s next-highest offer of S$1,576 psf ppr for the 330-unit site
Balestier Regency up for fourth en bloc sale bid at S$255 million
The price tag is about 17% higher than the second attempt in 2018 when it was launched for sale at S$218 million
Drop in HDB resale flat prices in Q1 no cause for panic among condo buyers
But mind weakening tailwind in upgrader demand if HDB resale market weakens
