Sound Trust Consultancy Pte. Ltd.

17/12/2021

Private property prices to climb slower, expected to rise at most 3 per cent in 2022 following curbs: Analysts

•Property analysts projected that housing prices will likely not rise so quickly in 2022

•This was after the Government stepped in to regulate the property market

•Sales will also slow down, with developers likely to hold off on launches to monitor the impact, they added

•The new cooling measures will not have as much of an impact on public housing prices, they said

Credit: TODAY

SINGAPORE — The increase in property prices, which has seen a sharp increase this year, is likely to slow down following the latest round of cooling measures imposed by the Government on Thursday (Dec 16).

16/12/2021

Measures to Cool the Property Market

The Government announced today a package of measures to cool the private residential and HDB resale markets.

With effect from 16 December 2021, Additional Buyer’s Stamp Duty (ABSD) rates will be raised, and the Total Debt Servicing Ratio (TDSR) threshold will be tightened.

The Government will also tighten the LTV limit for loans from HDB from 90% to 85%.

In addition, the Government will increase public and private housing supply to cater to demand.

https://www.mnd.gov.sg/newsroom/press-releases/view/measures-to-cool-the-property-market

11/08/2021

A total of 4,989 Build-to-Order (BTO) flats in five estates were launched for sale by the Housing and Development Board (HDB) on Wednesday (Aug 11).

The flats on offer are spread across seven projects in Hougang, Jurong East, Kallang Whampoa, Queenstown and Tampines.

Credit: CNA

SINGAPORE: The Housing and Development Board (HDB) on Wednesday (Aug 11) launched a total of 4,989 flats for sale under the August 2021 Build-to-Order (BTO) exercise. More than half of the flats on offer are also located in mature estates, said HDB. "Given the strong demand for housing

10/07/2021

Find out why resale flat prices are on the rise and how much you can expect to pay for a resale flat on different parts of the island.

Credit: CNA

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Property analysts said that the demand for million-dollar flats was driven by well-to-do buyers who want better connectivity and more space to work from home. Such flats were also more affordable than private property.

•In the first half of 2021, 106 HDB resale flats were sold for more than S$1 million

•Sales took place in mature, centrally located estates such as Queenstown and Bishan

•Sales were driven by buyers looking for more space and better connectivity, analysts said

•HDB resale prices jumped 13.2 per cent over the 12 months from June last year

•Analysts said delays in the construction of BTO flats spurred demand for resale flats

Credit: TODAY

SINGAPORE — The number of Housing and Development Board (HDB) resale flats changing hands for above S$1 million in the first half of this year jumped to 106, more than four times the total for the same period in 2020, with 19 of these sales in June alone.

05/07/2021

What’s considered fair wear and tear in rental homes, and who’s responsible for the costs? Here’s some advice from a lawyer and property agents.

Credit: CNA

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01/07/2021

SINGAPORE — Prices of Housing and Development Board (HDB) resale flats rose by 5.9 per cent in the first half of this year, based on government estimates, with analysts expecting the market to reach a new high in the second half of the year.

•The Housing Board’s early estimates show a 2.8 per cent rise in prices in the resale market in the second quarter of 2021

•Continued delays to BTO projects, demand for resale flats in attractive locations are behind the increase, say analysts

•Private property prices inched up by 0.9 per cent in the second quarter

Credit: TODAY

SINGAPORE — Prices of Housing and Development Board (HDB) resale flats rose by 5.9 per cent in the first half of this year, based on government estimates, with analysts expecting the market to reach a new high in the second half of the year.

30/06/2021

SINGAPORE — As property prices continue to increase, the authorities are being “highly vigilant” and will step in before the market overheats, Mr Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), said on Wednesday (June 30).

16/04/2021

SINGAPORE — Demand for luxury homes rose sharply in March, based on data released by the Urban Redevelopment Authority (URA), suggesting that the ultra-rich are back with a vengeance following a long hiatus caused by the pandemic.

•There were around 10 times more luxury private homes in prime districts sold in March than in February 2021

•In all, private homes sold in March was the highest since November 2013

•Analysts said Singaporeans made up the bulk of the purchases

•However, foreign buyers are snapping up the most expensive condos

•The trend is likely to continue over the next few months

Credit: TODAY

SINGAPORE — Demand for luxury homes surged dramatically in March, based on data released by the Urban Redevelopment Authority (URA), suggesting that the ultra-rich are back with a vengeance following a long hiatus caused by the pandemic.

15/04/2021

SINGAPORE — The number of condominium units rented out in March was an eight-month high, while the rental volume for Housing and Development Board (HDB) flats hit a nine-month peak. These are based on flash data from real estate portal SRX released on Wednesday (April 14).

•The number of HDB and condo units leased in March were at multi-month highs

•Analysts believe one reason is the greater number of people arriving in Singapore as the Covid-19 situation stabilises

•Another factor may have been people waiting until after Chinese New Year

•Rents also increased in March, for both HDB and condo units

Credit: TODAY

The number of HDB and condo units leased in March were at multi-month highs Analysts believe one reason is the greater number of people arriving in Singapore as the Covid-19 situation stabilises Another factor may have been people waiting until after Chinese New Year Rents also increased in Ma