Condo, HDB rents rise in February; leasing volume dips SINGAPORE - The rental prices for Housing Board flats and private apartments continued to rise last month, while leasing volume in both markets dipped. Condominium rents last month climbed by 1.4%, while HDB rents rose by 1.7%, according to flash figures from real estate portals 99.co and SRX released on Wednesday (March 16). This marks the 14th...

Fear of missing out? Beware agents' hype on new home sales and prices THERE has been much hype generated by some property agents about the relatively strong primary-market private housing sales volumes during the recent "circuit breaker" lockdown period - despite restrictions that curtailed developers' ability to launch new projects. Some agents are also telling potential buyers that while...

Mass to mid-tier properties draw interest as showflats reopen after 10-week halt SALES for new private homes got off to an encouraging start for developers as showflats reopened their doors over the weekend after a 10-week hiatus. Starting on Friday, visitors made their way to sales galleries for the first time since the circuit breaker kicked in, with mass market and mid-market segments garnering...

Showflat reopening a relief for developers, but new launches unlikely till July DEVELOPERS will get some reprieve this week after getting the green light to reopen sales galleries for residential projects starting Friday, although new launches aren't expected to make their debut just yet. Launches are more likely to take place from July as developers will need time to roll out marketing activities...

May new home sales rebound with more local buyers drawn to lower quantums  Some consultants believe there will be recovery in the later half of 2020 with pent-up demand for new homes MORE locals braved the circuit breaker last month to buy their dream homes though most were prudent in their decision. Developers in Singapore sold 486 new private homes in May, a sharp 75.5% rebound from 277 in...

SINGAPORE - April saw a big pullback in launches as developers turned cautious despite relatively resilient sales in March. Only 444 private homes were released for sale in April, down 75 per cent from the previous month's 1,812 units, and 33 per cent fewer than the 664 units launched a year ago. This is according to figures released by the Urban Redevelopment Authority (URA) on Wednesday (May...