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...

Singapore new private homes sales drop to lowest since May 2020 amid CNY lull, dearth of launches SINGAPORE - Developers in Singapore put on sale more new private homes from existing projects last month but sold fewer units due to the typical Chinese New Year lull and the absence of major new launches. Sentiment was also dampened by the prospect of rising interest rates, a surge in Covid-19 cases...

HDB resale prices up 0.2% in Q2 amid Covid-19 outbreak: flash estimates Resale volume down drastically, with only 789 resale flat transactions in April and May. HOUSING and Development Board (HDB) resale prices increased marginally in the 2020 Q2 amid the Covid-19 outbreak, compared with the 2020 Q1. The resale price index was 131.8, up 0.2% from the previous quarter, according to HDB flash...

No more denying the importance of having deep reserves If there were doubts as to why the Singapore Government squirrels away past reserves and does not tap them during good times, they were laid to rest yesterday. Amid the economic and social turmoil of the Covid-19 pandemic, the Government pulled out all the stops in a second support package - just one month after announcing support measures to the tune...