Your Real Estate Lobang

SINGAPORE – Condominium resale prices rose 7.5 per cent in 2023, with December marking the fifth consecutive month of price growth for the market, according to flash data released by real estate portals 99.co and SRX on Jan 25.

Despite a smaller increase of 0.5 per cent in overall resale prices in December compared with 0.8 per cent the month before, fewer units changed hands, as expected during the year-end holiday season.

Condo resale prices up 7.5% in 2023; 5th straight month of growth in Dec In 2023, the overall price growth was propped up primarily by homes in the city fringes and suburban regions. Read more at straitstimes.com.

SINGAPORE - Private home prices gained 3.2 per cent in the first quarter of 2023 even as sales dropped, fuelled by a surge in landed property prices and overall growth in non-landed prices, particularly in the city fringe.

This is in stark contrast to the tepid gain of 0.4 per cent in the fourth quarter of 2022.

Private home prices up 3.2% in Q1, driven by surge in landed prices and more new launches This is in stark contrast to the tepid gain of 0.4 per cent in fourth quarter 2022. Read more at straitstimes.com.

Even in the face of recent headwinds, including higher interest rates, moderating economic activity, and the implementation of market cooling measures in April 2023, demand for new private homes among Singaporeans has stayed steadfastly strong.

New private housing market sees rising demand from young Singaporeans The median age of Singaporean new private home buyers has been on a downward trend, indicating that younger generations of locals will play a more significant role in the new private residential market

2024 is set to be a pivotal year for new property launches. Thirty-one developments are poised to enter the market, offering over 12,000 new private homes. The projected launch of 23 projects will introduce approximately 8,800 units, marking a significant uptick from 2023. Large projects, ranging between six to nine, are expected to dominate these launches, potentially driving sales higher.

Evolving dynamics in Singapore's private housing market in 2024 Explore Singapore's 2024 private housing market trends, including sales, rentals, and luxury developments, with insightful forecasts.

SINGAPORE (EDGEPROP) - Private home prices increased by 0.5% q-o-q in 3Q2023, according to flash estimates released by URA on Oct 2. The growth reflects a slight rebound from the 0.2% decline recorded in 2Q2023. The decline, which came off the back of cooling measures announced in April, had marked the first drop in private residential property prices after 12 consecutive quarters of growth.

Private home prices edge up 0.5% q-o-q in 3Q2023: URA flash estimates The growth reflects a reversal from the 0.2% decline recorded in 2Q2023.

SINGAPORE (EDGEPROP) - The global economic slowdown and geopolitical tensions are having a knock-on effect on the private housing rental market in 2H2023, says Lee Sze Teck, senior director of Huttons Data Analytics, in a report on Dec 8.

The number of new Employment Pass (EP) holders approved by the Ministry of Manpower (MOM) increased by 10,000 to 197,300 as of June 2023. It pales in comparison to the 25,600 increase in EP holders approved in 2022, bringing the total for the year to 187,300. Huttons' Lee believes it is "highly unlikely" that the full year increase in new EP holders for 2023 will come close to last year's figure.

Private housing rents to increase 10% in 2023, contract 5% in 2024: Huttons The rental market is expected to find its footing in 2H2024.

SINGAPORE: Rents for luxury homes have soared amid demand from high net worth individuals, who are willing to pay top dollar for these homes, analysts said.

Singapore's red-hot property market saw rents rising to record highs last year. But signs pointed to a slowing down, with condominium rents up 6.2 per cent in the first quarter – down from 7.5 per cent in the October to December period and 8.3 per cent in July to September.

Luxury property rents soar amid demand from high net worth individuals Rents for landed homes surged 14.5 per cent in the first quarter and 39.3 per cent on a yearly basis.

LATEST government data on Singapore’s private housing market for the third quarter points to signs of prices stabilising, on the back of high interest rates, cooling measures and cautious economic sentiments denting buying demand.

In the leasing market, too, there is a semblance of demand-supply balance starting to materialise, with continued moderation in rental growth, amid a jump in housing completions this year, especially in Q3.

Signs of stabilisation and balance seen as Singapore private home prices, rentals rise 0.8% in Q3 LATEST government data on Singapore’s private housing market for the third quarter points to signs of prices stabilising, on the back of...

The occupancy cap for bigger HDB flats and private homes will be temporarily raised from six to eight unrelated people who are not from the same family unit from 22 January 2024 to 31 December 2026. Meanwhile, PropertyGuru expects buyers to purchase houses for their use to drive private residential sales in 2024.

Rental Occupancy Limit Raised Bigger HDB Flats and Private Homes, Tuas Set for Reclamation Works From 2025, and More The occupancy cap for bigger HDB flats and private homes will be temporarily raised from six to eight unrelated people. Meanwhile, PropertyGuru expects buyers to purchase houses for their use to drive private residential sales in 2024.

SINGAPORE: Prices of Housing Board (HDB) resale flats rose by 1.7 per cent in the first quarter of 2024, higher than the 1.1 per cent growth in the previous quarter.

Flash estimates released by HDB on Monday (Apr 1) also showed Q1 resale volume, up to Mar 27, had risen 5.5 per cent to 6,928 cases from 6,567 cases in the same period last year.

HDB resale prices rise 1.7%; private home prices up 1.5% in first quarter: Flash estimates Property analysts expect the HDB resale market to "remain stable" this year, while private property prices are expected to increase at a steady rate.

SINGAPORE: Private home prices in Singapore rose at a slower pace for the second consecutive year in 2023, increasing 6.7 per cent compared with 8.6 per cent in 2022 and 10.6 per cent in 2021.

In the final quarter of 2023, private home prices rose by 2.7 per cent, faster than the figure of 0.8 per cent in the third quarter, according to flash estimates released on Tuesday (Jan 2) by the Urban Redevelopment Authority (URA).

Singapore private home prices rose at slower pace of 6.7% in 2023 Private home prices rose at a slower pace for the second consecutive year in 2023.

SINGAPORE – Private home prices continued to moderate for a second straight year, growing at a slower pace of 6.7 per cent in 2023, compared with 8.6 per cent in 2022, even as transaction volumes shrank.

The number of units sold in 2023 fell by about 15 per cent from the year before, to the lowest level since 2016, dampened by several rounds of cooling measures, softer economic conditions and elevated mortgage rates.

Private home prices up 6.7% in 2023, grow at slower pace from 2022 Analysts said home sales in 2024 will be driven by owner-occupiers, with cooling measures keeping investors and foreign buyers at bay. Read more at straitstimes.com.

PRIVATE residential property prices in Singapore rose 2.7 per cent for the fourth quarter of 2023, pulled up by sales at new launches priced at fresh benchmarks amid low transaction volume.

The Q4 spurt lifted the price index from a 0.8 per cent increase in Q3, to end the year with a 6.7 per cent gain, easing from the 8.6 per cent increase in 2022 and 10.6 per cent rise in 2021.

Private home prices up 2.7% in Q4, taking full-year rise to 6.7% PRIVATE residential property prices in Singapore rose 2.7 per cent for the fourth quarter of 2023, pulled up by sales at new...

SINGAPORE — Prices of private homes increased by 3.3 per cent in the first quarter of 2023, accelerating from a 0.4 per cent increase in the previous quarter, according to the Urban Redevelopment Authority's (URA) statistics released on Friday (April 28).

Singapore private home prices up by 3.3% in Q1, rising at faster pace

SINGAPORE: A mix of private and public properties with the potential for up to 60,000 new homes would likely be built on the upcoming “Long Island” reclaimed site at East Coast Park’s shoreline, property analysts told CNA.

With no firm plans in place, however, it remains to be seen how existing properties along the East Coast will be affected in terms of prices and views, the analysts added.

Reclaimed 'Long Island' off East Coast would likely house a mix of public and private properties: Analysts Property analysts told CNA that sea views from existing properties along the East Coast could be blocked by new Long Island developments, although no firm plans for housing are in place yet.

SINGAPORE: The market for Housing and Development Board (HDB) resale flats may have peaked, with slowing price growth and dipping demand, according to a PropertyGuru report on Monday (Aug 7).

Data also shows that the private home market is also reaching its peak and prices may stabilise in the coming quarters, the report added.

Property resale market stabilising, may have peaked: PropertyGuru report SINGAPORE: The market for Housing and Development Board (HDB) resale flats may have peaked, with slowing price growth and dipping demand, according to a PropertyGuru report on Monday (Aug 7). Data also shows that the private home market is also reaching its peak and prices may stabilise in the comin...

SINGAPORE: Singapore's residential property tax revenue for 2024 is expected to be around S$600 million (US$446 million) higher than what was collected in 2023, said Second Minister for Finance Chee Hong Tat on Tuesday (Feb 6).

Around two-thirds of the increase is contributed by non-owner occupied properties, he added.

Singapore's property tax revenue expected to increase by S$600m due to higher home valuations SINGAPORE: Singapore's residential property tax revenue for 2024 is expected to be around S$600 million (US$446 million) higher than what was collected in 2023, said Second Minister for Finance Chee Hong Tat on Tuesday (Feb 6). Around two-thirds of the increase is contributed by non-owner occupied p...

SINGAPORE: New private home sales in Singapore more than doubled in January from a month earlier after the resumption of property launches.

Excluding executive condominiums (ECs), developers sold 281 units last month, data released by the Urban Redevelopment Authority (URA) on Thursday (Feb 15) showed.

Singapore new private home sales more than double in January after resumption of launches The sales volume was, however, the lowest seen in January in 15 years, according to property analysts.

New 5-Room Improved for Sale at Bukit Batok West

Unit Details:
✅1,216 sqft / 113 sqm
✅3 Bedrooms + 2 Bathrooms
✅ Modern Renovation and Well maintained
✅ Wet + Dry Kitchen with open concept

Darwin Loh 🤵‍♂️
https://wa.me/6598167929

Leng Johan 🧑‍🦲
https://wa.me/6594233551

Hi there Westsiders,

We are a team of young and dedicated Real Estate Consultants that specialises in the West Region of Singapore.

Real Estate is more than just selling properties, as we believe in fostering a relationship and trust with you, understanding you and your family needs. This is how we have managed to successfully transact various units in both Bukit Panjang and Bukit Batok region.

So if you are looking for someone who is able to guide you professionally through your real estate progression, Call any one of us NOW for an Exclusive Discussion

George Kwan
https://wa.me/6590056989

Raven Khoo
https://wa.me/6591916832

Shawn Tan
https://wa.me/6590118760

Darwin Loh
https://wa.me/6598167929

Leng Johan
https://wa.me/6594233551

With the new record price for the latest GLS and a close to 90% sold out Pasir Ris 8 (OCR) with record PSF of above $2000, prices in many developments are being adjusted

What if I tell you that you can get a FREEHOLD unit at D15 (RCR) below $2000psf (RCR)⁉️😱

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LOWEST PSF IN PRIME DISTRICT 15 FREEHOLD Development‼️
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✔️ Spacious Bedrooms
✔️ High ceiling 3.15-3.25m
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Glad to get this unit off the shelves and at the same time achieving a price that's above our seller's expectation! Thanks for putting your trust in us and congrats!!

Greater Southern Waterfront was first announced at 2013 but not much information was released then and not many people knew about it.

This transformation is something big as mentioned by our PM and here's some facts and info about it!

Feeling accomplished that we have rented out the unit for our owner above his expectation!

Thank you to the owner for placing his trust in us as we continue to go the extra mile for our clients!

Are you curious to find out why investors love investing in Singapore properties? And why are Singaporeans still buying despite the pandemic? Here's a quick insight to find out why!

If you have any questions feel free to ask! 😀

Ki Residences Condo is a new-launch 999-year leasehold condo by Hoi Hup Sunway at Clementi.

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Ki Residences @ Sunset Way |By Hoi Hup Realty & Sunway Developments Ki Residences is located within the Sunset Way enclave designated for two-storey bungalows and private residential development.

Sometimes its you thats stopping your own personal growth, don't stop believing in yourself.

Previously we talked about which grant you would be entitled to if you were to go for a BTO or resale flat. Now, we're here to share the amount you'll be eligible for!

Swipe more to find out and we hope you'll be able to takeaway some new found information!

Have you ever wondered what are the different types of housing grants available for BTOs and resale? And what you are eligible for?

We have come up with a check list to check if you are eligible and how much grants you can get. Come check it out!

Some changes are necessary for you to improve 💪