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The first quarter-on-quarter shows a decline in private home rent rates, the first decline since 2009. The expatriate population is expected to shrink with the tightening of foreign labour policy. Thus, rental support from expatriate would reduce and mass market private homes would fa...
A prominent real estate industry veteran called on the Government yesterday to review some of its property market cooling measures as home sales and prices fall. "As the property market starts to cool... this may be the right time to tweak the control measures in the light of concern ...
Evidence is mounting quickly that Singapore's housing market is slowing down on all fronts. Prices of both private and public housing recorded sharper than expected fourth quarter declines, with Housing Board (HDB) resale flat prices marking their first annual decline since 2005. Prop...
Days after a housing aimed at retirees sold out in a matter of hours, a more subdued response was seen on the first day of the official launch of The Panorama. Just half of the 120 units released for sale were booked at the 698-unit, 99-year leasehold project in Ang Mo Kio. This was i...
The number of seniors taking up the Housing Board's Lease Buyback Scheme went up last year to 240, after rules were relaxed so more flat owners aged 63 and above could qualify. That is up from a total of 471 households over the four years from 2009 - when the scheme was first launched...
Quotas have been placed on the proportion of public flats which can be rented out to foreigners and permanent residents (PRs). In an announcement by HDB on 16 January 2014, no more than 11% of units in any single block can be rented out to foreigners and PRs. The limit is 8% for each ...
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Market surged when the US Federal Reserve decided not to taper on QE3 in September. Now, tapering in October is likely depending on reports in the next one to two weeks. However, the sterling performances of the commercial and industrial segments are not due to QE3, although, the stim...
