Stories By: 99.Co (932 Articles Found)

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Why we think the current Singapore en bloc buzz is overhyped

1) Rising construction costs – This is something that we’ve been hearing since the pandemic started, leading to supply chain disruptions and manpower shortages. Given the risk of thinning margins and construction delays of current projects, developers may…

HDB May 2021 BTO in-depth review: Woodlands

In the May 2021 BTO exercise, four projects across two mature and two non-mature estates will be launched, with 3,870 units available. One of the projects will be in the non-mature estate of Woodlands, in which 1,540 units…

HDB May 2021 BTO in-depth review: Tengah

This month, we will see 3,870 units being offered in the May 2021 BTO launch across four projects. One of the BTO projects in the non-mature estate will be at Tengah, with 780 units of 2-room Flexi, 4-room…

Ultra-high-net-worth individuals who bought or sold bungalows or entire property blocks in Singapore recently

Singapore’s real estate market continues to do well in its Good Class Bungalow (GCB) luxury tier, bringing approximately S$424 million in business transactions (roughly 40 per cent of 2020’s entire property sales). URA Realis’ caveats data showed 16…

HDB May 2021 BTO in-depth review: Geylang

3,870 units will be launched in HDB’s May 2021 BTO exercise. Besides Bukit Merah, HDB will launch a project in the mature estate of Geylang with 1,380 units of 2-room Flexi, 3-room and 4-room flats. In the meantime,…

HDB May 2021 BTO in-depth review: Bukit Merah

The upcoming May 2021 BTO will see 3,870 units being offered, in four projects across two mature and two non-mature estates. One of the BTO projects at a mature estate will be at Bukit Merah with only 170…

Luxury home shopping spree: Which are some of the condos in the CCR people have been buying?

1) Midtown Modern – With 368 units sold last month, was the best-selling project in Mar. The average price psf of the project was S$2,774; 2) RV Altitude – The second best-selling project in Mar, in which 77…

Do home prices truly decrease as they move away from the city centre? A look at the price psf along MRT lines

It’s understood that centrally-located properties, especially those in CCR, are the most expensive in Singapore. A general rule-of-thumb for residential property purchase is that the closer a property is to the city centre, the higher the value it…

Now that interest rates are rising, how will it affect housing affordability?

Over the past several months, there’s been a growing concern about housing affordability. Despite the recession and pandemic, housing prices have been on the rise ever since the end of the circuit breaker. And now that interest rates…

Singapore Green Plan 2030: How will it impact property developments and sustainability in our country?

1) Less land available for property developments – This is one of the more obvious impacts of the Singapore Green Plan 2030. With 1000ha set aside for green spaces, it also means lower land supply available for property…

Now that HSR is cancelled, what’s the land going to be used for?

1) Housing projects – Spanning 67ha, the former Jurong Country Club is large enough for BTO and condo projects. This is especially since there hasn’t been a BTO project in Jurong East in a long time; 2) Retirement…

Why do some former school sites get torn down for housing?

As a land-scarce country, balancing between setting aside land for development and conserving old sites is challenging. Over the years, we’ve seen many old buildings get demolished to make way for development. Even the old National Library at…

Note found in a condo lift complains about noise, but what if it’s not from the neighbour upstairs?

The sad thing about living in a flat or condo is that sometimes we have to deal with a lot of noise coming from our neighbours. And it can get very irritating, especially when the noise is heard…

All units of entire EDEN condo at Ardmore-Draycott enclave sold: A closer look at transactions along the billionaire’s belt

Last week, a report grabbed headlines when all 20 units of EDEN, a freehold condo at 2 Draycott Park, were sold. The purchase amounted to S$293 million, which translates to S$14.65 million per unit. At over 3,000 sqft…

Rejuvenating the Core Central Region: URA’s Master Plans for Orchard and Novena

The URA Master Plan is what savvy property buyers look at when researching a potential property for either homestay or as an investment option. Orchard and Novena are the most popular districts in CCR, and we take a…

Four sites in Balestier, Toa Payoh, Bedok and Jurong East to be cleared for housing: A closer look at what it’s like living there

A few weeks ago, it was reported that four sites at Balestier, Toa Payoh, Bedok and Jurong East will be cleared to make way for housing. We wonder how it will be like to have a home there.…

3 things about the Parenthood Provisional Housing Scheme that might interest you

For first-time married, Singaporean couples who need interim housing while waiting for their new HDB flat to be built, they have a few options for temporary affordable living arrangements. An available living arrangement is the PPHS, which is…

10 reasons why we’re seeing an uptick in HDB resale transactions lately

1) Construction delays for BTOs due to COVID-19 – BTO projects are now expected to be completed in four to five years; 2) Oversubscription of BTOs – The balloting process doesn’t guarantee that you’ll get a flat; 3)…

3 things worth noting about Feb 2021 HDB resale transactions, including the million-dollar flats

Feb 2021 was a notable month for HDB resale transactions, setting the record for the highest number of million-dollar flat transactions in a month with 23 flats. So we took a closer look at these transactions and found…

11 condos to watch out for close to the upcoming Thomson-East Coast Line MRT stations

One major aspect that buyers look out for when buying property is accessibility to public transport. Especially for those who don’t drive, living close to the MRT will cut down travelling time. A major exciting MRT development is…

Potential cooling measures (and why they might not happen)

If you’ve been keeping up with the property news lately, there’s been a lot of talk about new cooling measures. Despite the pandemic, property prices have been on the rise for the past several months. More specifically, HDB…

Should you buy property in Singapore’s cursed town?

With its string of strange happenings including cat abuse, murder, feuding taxi drivers, shopping mall stabbings, and falling concrete slabs (amongst others), Yishun has certainly racked up a fearsome reputation. Having been befitted with a spine-chilling nickname like…

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…

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