In The News

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    Last minute rush – Developers’ sales in July 2018

    August 16, 2018

    Real estate developers in Singapore released and sold more private homes in July 2018 compared to the preceding month. The jump in launch and sales volume were the result of the knee-jerk reaction triggered by the sudden, new round of cooling measures implemented by the Government on the evening of 5 July 2018. ZACD Executive […]

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    7月整体非有地私宅租金维持不变 (Rentals of private residential property and HDB flats stable in July 2018)

    August 10, 2018

    The full article can be found in Lianhe Zaobao, Finance Section, Page 38, 9 August 2018. Exclusively written by SLP Research & Consultancy Department. On Wednesday, 8 August 2018, real estate portal SRX Property released flash estimates on the rental trends for private non-landed residential properties and Housing and Development Board (HDB) flats in July […]

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    Will discounts on property prices work?

    August 1, 2018

    Many people in the real estate market have been caught by surprise, by the swiftness and harshness of the sudden announcement of the market cooling measures by the Singapore Government on 5 July 2018. These new cooling measures increase the uncertainties in the real estate market. Many potential homebuyers are curious to know what property […]

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    Completed condo prices rise at slower pace in June

    July 31, 2018

    The full article is published in The Straits Times, Business Section, Page C1, 31 July 2018. Prices of completed non-landed private homes increased 0.7 per cent month-on-month in June, with 0.4 per cent increase in prices for apartments, excluding small units, in the central region, and 0.8 per cent price increase outside the central region. […]

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    HDB Resale price inch up for first time in 9 quarters

    July 30, 2018

    The full article can be found in The Straits Times, Homepage, 28 July 2018. Prices of resale Housing and Development Board (HDB) flats have dropped since the peak in Q2 2013 but according to data released by the HDB last Friday, July 27, resale price index rose slightly by 0.1 per cent. However, ZACD Executive […]

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    Private home price increases to moderate rest of the year

    July 30, 2018

    The full article can be found in The Business Times, Page 3, 28 July 2018. According to Urban Redevelopment Authority (URA), prices of landed properties increased 4.1 per cent and non-landed properties increased 3.2 per cent in the first half of 2018. This makes up to a 7.4 per cent increased in private residential prices. […]

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    莱佛士乡村俱乐部土地归还政府后 将租用部分设施半年 (Raffles Country Club will rent back part of the acquired land to wind down its operations)

    July 30, 2018

    Raffles Country Club (RCC) will return its land to the Government on August 1, to make way for the Kuala Lumpur-Singapore High-Speed Rail (HSR) and Cross Island Line depot projects. In order to ease RCC in their closing process, Singapore Land Authority has agreed to rent RCC some facilities including existing clubhouses, golf cart parking […]

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    Anchorvale EC site triggered for launch

    July 26, 2018

    The full article can be found in The Straits Times, Business Section, Page C2, 26 July 2018. Exclusively written by SLP Research & Consultancy Dept. HDB announced on 25 July 2018, that the Executive Condominium (EC) site at Anchorvale Crescent to be launched for tender within the next three weeks with a minimum price of $255,000,000 […]

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    En bloc hopefuls extend tender closing dates

    July 25, 2018

    The full article can be found in The Business Times, Top Stories Section, Page 2, 25 July 2018. In the latest round of property cooling measures, developers buying residential properties for housing development are required to pay an additional buyers’ stamp duty (ABSD) of 5 per cent that is non-remissible under the Remission Rules, a […]

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    集售项目屋主与住本地外国人 降温后或转向出租市场 (Local and foreign owners of successful collective sales turn to rental market after new round of property cooling measures)

    July 23, 2018

    The full article is published in Chinese on Lianhe Zaobao, Finance Section, Page 30, 21 July 2018. The new round of property cooling measures, which launched as a surprise on July 5, has prompted Singaporeans, permanent residents (PRs) and foreigners to bear higher additional buyer’s stamp duty rates (ABSD). Singaporeans and PRs buying their second […]