Stories By: 99.Co (910 Articles Found)

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7 mistakes new launch condo buyers often make

1) Not taking into account future developments – What’s coming up in the distance? This can mean competition, especially for tenants; 2) Taking the discounts at face value – Are you getting a genuine deal? Don’t fall for…

HDB Feb 2021 BTO In-Depth Review: Tengah (Parc Woods @ Tengah)

Here’s 99.co’s detailed review of the Feb 2021 Tengah BTO, Parc Woods @ Tengah. Located within a 5-minute walk to commercial amenities at Tengah Town Centre and a 7-minute walk to Tengah MRT station on JRL. Although residents…

HDB Feb 2021 BTO in-depth review: Bukit Batok (West Hill @ Bukit Batok)

Here’s 99.co’s detailed review of the Feb 2021 Bukit Batok BTO. The launch comprises of two projects on separate sites, one of which is the 169-unit Community Care Apartment (CCAs) for seniors at Harmony Village @ Bukit Batok.…

HDB Feb 2021 BTO in-depth review: Kallang/Whampoa (McNair Heights)

Here’s 99.co’s detailed review of the Feb 2021 BTO at Kallang/Whampoa, McNair Heights. After a two-year hiatus, HDB is once again offering BTO units in the Kallang/Whampoa estates. The previous two launches held in 2019 saw massive over-subscriptions…

These resale condos saw high demand for one-bedroom units in 2020

Somewhat unexpectedly, the Covid-19 pandemic didn’t affect condo demand across the board. In fact, the demand for small-sized one-bedroom units soared among buyers. In the secondary (resale) market, 58 condo units at or below 50 sqm, also known…

HDB Feb 2021 BTO in-depth review: Toa Payoh (Bidadari)

The upcoming HDB February 2021 BTO sales exercise will feature four projects comprising a total of 3,700 units. The Toa Payoh (Bidadari) BTO is one of two mature estate projects that will be launched, and will consist of…

Condo rents decline in 2020, with one notable exception

Covid-19 may have left much of the Singapore property market unscathed in 2020, but the economic effects of the pandemic has undoubtably impacted investor-landlords. According to the URA Rental Index, condo rents declined by 0.5% y-o-y in 2020.…

Ministers’ statements on property market fuel fear of new cooling measures

The casual real estate observer must be left wondering about the government’s intentions when not one, but two, ministers sounded out warnings about the property market on 18 Jan 2020. The warning was directed to both developers and…

New HDB Flat Portal displays low-interest home loan rates from banks

HDB has launched the new HDB Flat Portal, which is a combination of the existing portal and a new interface that includes calculators and guides specifically targeted at flat buyers. The new portal also has a revamped user…

The most flood prone housing estates in Singapore, according to PUB

1) Commonwealth – The area is basically a giant basin, as it is surrounded by higher ground of Holland and Buona Vista. Water is unable to drain directly towards the sea because of the Southern Ridges, and the…

Despite $10m price cut, bungalow in Yang Yin saga could struggle to find buyer

The high-profile bungalow of Madam Chung Khin Chun—the victim of convicted swindler Yang Yin—at 2F Gerald Crescent has been put up for auction again for $25 million (about $785 psf). This is $10 million below the $35 million…

Non-mature estates vs Mature estates: The truth and why it matters

Despite how Singaporeans like to refer to HDB flat locations as “mature” or “non-mature” like they’re some kind of cheese, HDB’s own classification of non-mature estates and mature estates is surprisingly unclear. In fact, HDB does not give…

Dawson HDB residents furious over public rooftop access that caused New Year chaos

A horde of Singaporeans wanting to ring in 2021 from a high vantage point flocked to the rooftop gardens of the million-dollar SkyVille and SkyTerrace @ Dawson HDB projects on New Year’s Eve, causing massive inconvenience to residents.…

URA reveals why it issued Kingsford Huray sale licence for Normanton Park

Ahead of Normanton Park’s preview on 2 Jan 2021, URA has responded to 99.co’s further queries on developer Kingsford Huray’s sale licence, which was obtained on 30 Nov 2020 with additional conditions attached. Previously, URA had issued a…

Is rental yield the only thing property investors should focus on?

Go back a few decades, and property was all about rental yield and nothing else. People were happy to buy 50 year-old properties with no elevator, just because rental income was enough to make the place “practically free”.…

Ulu Pandan BTO flats in 2021: Prices + what to expect

It was previously under wraps, but we now know that Ulu Pandan BTO flats will be launched in 2021 (in either the Aug or Nov sales launch). Not only will the Ulu Pandan BTO be located within a…

Huttons sets aside $6 million to groom up to 500 leaders

Today, Huttons announced the establishment of the industry-first Millionaire Associate Program (MAP) during the Covid-19 pandemic to groom up to 500 leaders in the real estate industry. Mr Mark Yip, CEO of Huttons Asia said, “This pandemic has…

Orchard ‘triplex’ penthouse with stunning views sells for $6.1 million loss

Although condo prices in Singapore’s prime districts are staging a rebound following the Covid-19 shock, fire sales of repossessed units remain commonplace. In Nov, a freehold, triple-storey penthouse near Orchard was sold in a bank sale at $6.1…

A hard sell? Property agent seeks brothel operator for Geylang shophouse

This probably wouldn’t be news in, say, Amsterdam or Sydney, but a Singapore property agent has put up a rental listing for a shophouse in Lorong 20 Geylang targeting “licensed brothel operators”. Available for rent from mid-2021 onwards,…

HDB’s new Community Care Apartments vs Two-room Flexi Flats: Which is better?

On 10 Dec 2020, HDB revealed more details about a new model of assisted living for seniors aged 65 and above, called Community Care Apartments. Buyers of HDB’s Community Care Apartments are required to sign up and pay…

Million-dollar HDB flats are hiding a worrying resale price trend. Here’s proof

In Nov 2020, another 13 HDB flats were transacted in the resale market for a price of $1 million and above—taking the number of million-dollar flats sold in the calendar year to an all-time high of 73 with…

URA unveils red-hot condo sites at Buona Vista for 2021

Like a scratch-and-win card, URA throws up some blockbluster surprises every six months when it announces new condo sites as part of its GLS programme. For the first half of 2021, a pair of new sites that URA…

Owners of Geylang terraces refuse to sell to condo developer, becomes ‘Up’ in real life

If you’ve seen the movie ‘Up’, you might recall the scene where Carl’s old house gets surrounded by new high-rise buildings. Or you might have seen “nail houses” in China belonging to owners who resist development and demolition…

Two-room BTO flats are hitting the resale market for the first time. Here’s where to find them

Not long ago, it was nearly impossible to find a two-room BTO flat on the resale market. It was only in 2006 that HDB began building new two-room flats as part of its BTO exercise, with 86 units…

Homegrown condo developers are snapping up old landed properties. Here’s why

1) Willing sellers – Many of these landed properties are more than 40 years of age and are saddled with increasing maintenance costs. The reason for owners to come to a consensus is because a combined sale of…

Nov 2020 BTO prices: Can your income pay for a new HDB flat in Bishan?

On 17 Nov 2020, HDB put up 5,795 new flats for balloting in the Nov 2020 BTO sales exercise. Of key concern is pricing, because the projects in the exercise vary greatly in terms of how much they…

HDB Nov 2020 BTO in-depth review: Tengah

The Tengah BTO is one of two projects in non-mature estates that will be launched in the upcoming HDB November 2020 BTO sales exercise and will consist of two sites of similar land area: one closer to Hong…

HDB Nov 2020 BTO In-Depth Review: Sembawang

The Sembawang BTO is one of two projects in non-mature estates that will be launched in the upcoming HDB Nov 2020 BTO sales exercise. The site is about a 10-minute walk to Sembawang MRT station and residents have…

Why this Tanah Merah condo site attracted a bidding frenzy

1) Lucrative retail opportunity – Putting the condo portion of the development aside for a moment, we’d like to point out that the Tanah Merah neighbourhood has been crying out for more retail, dining and commercial amenities, especially…

HDB Nov 2020 BTO in-depth review: Tampines

The upcoming HDB Nov 2020 BTO sales exercise will feature five projects comprising a total of 5,770 units. Tampines is one of three projects in mature estates that will be launched. Likely completion date is Q2 2025. Located…

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