HDB and condo rents fall in May, as leasing volumes fall

Rents for HDB flats dropped in the first month since January, as tenants turned their focus towards the market for condos which is continuing to decline. Flash estimates published on 21 June, by SRX and 99.co revealed that HDB rentals were down 0.3 percent from month to month, but still 6.2 percent more than year-over-year. … Read more

June launch has over 1,300 BTO flats with 3 years wait time

A total of 1,352 Build-To-Order (BTO) flats in Woodlands and Tampines with waiting times of about three years will be available prior to the end of June. The most shortest wait time in the upcoming sales exercise will be for a 791-unit development in Woodlands. Marsiling Peak I. The first batch of apartments that have … Read more

Agents less hopeful for prime homes, office, biz park sector

The general sentiment of Singapore’s real estate industry continued to improve during the first quarter of 2024, however, the industry has turned markedly more pessimistic on the primary residential sector and also the office and hi-tech and business parks. Real estate professionals polled by the Institute of Real Estate and Urban Studies (Ireus) of the … Read more

Dairy Farm, Tengah, Bayshore sites by URA for 2,000 homes

Urban Redevelopment Authority released three residential sites on Thursday, June 13 for the first half of 2024 Government Land Sales (GLS) program. Three sites are located on Dairy Farm Walk (Dairy Farm Walk), Tengah Garden Avenue (Tengah Garden Avenue) and Bayshore Road. The three parcels of land are leased for 99 years and could yield … Read more

Chencharu, Yishun expects new park, food center and bus hub

Residents of Yishun’s brand new housing zone will have the opportunity to live in a colonial plantation house, designed in the style of the era. Chencharu, bounded by the Yishun Avenues 1, 2, and Sembawang Road, will also have an integrated development comprising an hawker center bus interchange, retail outlets as well as residential units. … Read more

New portal online to help those require shelter in emergency

The new website will let people who require emergency shelter view available residential listings, as well as the conditions set by homeowners, such as the length of stay, and the suitability for families or pets. The statement said that this would be helpful in times of national emergency when there is an urgent need for … Read more

Rents for HDBs up by 0.4%, while condo rents down by 0.4%

A greater number of HDB flats were leased out in April, with rents rising 9.2 percent to approximately 2,941 units. However, rental rates for the HDB market decreased by 9.5 percent year over the previous year, and 9.7 per cent lower than the five-year average for April. The gap in rent between HDB flats in … Read more