News

HDB deficit doubled to $4.3 Billion

Sg Property News Hdb Deficit Doubled To $4.3 Billion - % 3

Singapore Public Housing developer, the Housing Development Board (HDB), announced on Monday that HDB deficit doubled to a record $4.367 billion in the financial year ended March 31 2022. This is about 86 per cent higher than $2.346 billion the…

Private home prices up 3.8% in Q3 of 2022

Sg Property News Private Home Prices Up 3.8% In Q3 Of 2022 - % 4

Private home prices up 3.8% in Q3 of 2022 : Another quarter. another increase. Today we learnt that Singapore private home prices are up 3.8% in the 3rd quarter of year 2022, according to URA data released on Oct 28.…

More bigger size units in CBD with new rules

Sg Property News More Bigger Size Units In Cbd With New Rules - % 6

On 18th October 2022, according to a URA circular, the Singapore govt agency updated new guidelines on proportion of bigger units in non-landed residential developments in Central Area of Singapore. More bigger size units in CBD with new rules :…

Singapore Private Home Sales double in September 2022

Sg Property News Singapore Private Home Sales Double In September 2022 - % 7

Singapore private home sales more than double in September, driven partly by Lentor Modern and SkyEden@Bedok new launches. Lentor Modern, which sold 512 units, and Sky Eden@Bedok, which sold 121 units. Indeed, Singapore Private Home Sales double in September 2022…

ABSD of 35% to apply trust

Sg Property News Absd Of 35% To Apply Trust - % 9

ABSD of 35% to apply trust : With effect from May 9 2022, there will be a new “Additional buyer’s stamp duty” of 35% to apply on any transfer of residential property into living trust. ABSD will be payable even…