Stories By: SRX Singapore (561 Articles Found)

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Million-dollar HDB flats: Half of S’pore’s 24 towns have them, including Hougang, Geylang and Ang Mo Kio

While The Pinnacle @ Duxton is arguably the “poster boy” for million-dollar HDB flats in Singapore, such flats are not exclusively located in the central area. Half of Singapore’s 24 HDB towns are home to million-dollar HDB flats,…

Increased supply of private homes on confirmed sites a calibrated move as developers seek land

The bump in the supply of private housing on the Confirmed List under the H2 2021 GLS Programme is a calibrated move by the government – one that will nonetheless be welcomed by developers hungry to replenish their…

87 million-dollar HDB flats sold in first five months of 2021 in new high

A total of 87 HDB flats have changed hands for at least $1 million in the first five months of the year, surpassing the 82 units sold for at least that amount in the whole of 2020. So…

Telok Blangah 4-room BTO flats see overwhelming demand; over 28 first-time applicants for each unit

Home seekers made a rush for the four-room BTO flats in Telok Blangah, contributing to one of the highest application rates in recent years. This comes even as these flats are the most expensive units in HDB’s sales…

Good Class Bungalow prices keep rising

Prices in Good Class Bungalow (GCB) Areas continue to rise – fuelled by strong demand from well-heeled Singaporeans, low interest rates and the scarcity of properties available for sale, especially brand-new bungalows near the Botanic Gardens. A local…

Demand for luxury penthouses holds steady despite pandemic

Despite the pandemic and ongoing border closures, demand for penthouses has proven firm, with nine transactions so far this year.While the recent surge in the number of community cases is a temporary setback, demand for luxury homes could…

Small can be beautiful in Singapore condo land

In 2012, the then-president and CEO of CapitaLand Liew Mun Leong spoke out against shoebox units terming them “almost inhuman”. Shoebox units typically refers to apartments of less than 50 sqm or 538 sqft. URA has over the…

Cambodian-Chinese pair pays S$33.5 million for Hilltops penthouse

SC Global Developments has sold another penthouse at its Hilltops condo in Cairnhill Circle, this time for S$33.5 million or S$3,995 psf on a strata area of 8,385 sqft. It is being bought by Chen Liangbin, a Cambodian…

HK’s Shun Tak to launch debut Singapore residential project

Shun Tak Holdings’ maiden residential development in Singapore, Park Nova, could gain traction with well-heeled buyers – especially from North Asia – as the project readies for launch amid improving sentiment. Located in prime District 10, the super…

Buyer from Fujian pays S$39.3m for Sentosa Cove villa

Buyers from China’s Fujian province continue to acquire Singapore property. One of the latest deals involves a sea-facing bungalow in Sentosa Cove that is being bought for slightly over S$39.33 million. The price works out to nearly S$2,012…

Who can afford to pay $138 million for this Marina Bay super penthouse?

A panoramic view of the iconic MBS and CBD could well be the most pricey amenity in Singapore real estate. A collection of five penthouses, put up for sale recently at Marina Bay Residences with an indicative price…

More condo and HDB units rented out in December: SRX

The rental volume for both HDB flats and condominium units went up in Dec as more overseas Singaporeans and long-term pass holders returned to Singapore. Condo leasings rose 5.3 per cent last month to an estimated 4,414 units,…

82 HDB resale flats sold for at least $1m in 2020 as overall prices, sales rise: SRX

The number of HDB resale flats sold for at least $1 million hit a new high last year amid a strong showing by the market despite the Covid-19 pandemic, according to flash data from SRX released on Thurs.…

Condo resale prices rise for 4th straight month in November: SRX

The private property resale market continued to recover not just from the Covid-19 fallout but also from the 2018 cooling measures, with prices and sales volume picking up again in Nov. Overall resale prices climbed for the fourth…

72 million-dollar HDB flats sold in first 11 months of 2020, up from 64 last year

The number of HDB resale flats sold for $1 million or more each has hit a new high, following 13 transactions done in Nov, according to data from SRX released on Thurs. The 72 million-dollar flats sold in…

Condo and HDB rents, leasing volume rise again in October: SRX data

Rents for both HDB flats and condominium units continued to rise in Oct, while rental volume grew for the second month running, according to flash data from SRX Property released on Wed. HDB rental volumes rose 13.9 per…

Sales of resale condos hit 2-year high in October as prices rise: SRX data

The resale condo market reached a two-year high in Oct with 1,509 units changing hands the same month, according to flash figures from SRX Property on Tues. It trumped the 1,311 transactions recorded in Aug, which was the…

HDB resale prices rise for 4th month in October; 13 million-dollar flats sold: SRX

While HDB resale volume dipped in Oct compared to the previous month, prices continued to rise, indicating that demand remained relatively robust amid the Covid-19 pandemic. 13 HDB resale flats were sold for more than $1 million, flash…

Unusual ups and downs in Covid-19 rental market

The Covid-19 pandemic is affecting the property market here in ways not seen in previous recessions. Despite many workers facing income and job cuts, prospective bargain hunters have been sorely disappointed, because overall property prices here have been…

HDB rental volume jumps in September as Malaysian workers return to Singapore: SRX data

The phased reopening of Singapore’s border with Malaysia boosted the property rental market last month, after rental volumes in Aug hit their lowest point in 12 months. Rents and leasings for both HDB and condominiums rose in Sept,…

Resale condos see strong sales again in September with prices stable: SRX data

The prices of resale condominiums held firm amid robust demand in Sept, with more than 1,000 units sold for three straight months. An estimated 1,286 resale condominiums changed hands last month – up 0.4 per cent from Aug…

HDB resale flat demand stays strong in September; prices rise for 3rd straight month: SRX

Prices of HDB resale flats increased for the third consecutive month in Sept, with demand remaining elevated after the nearly two-month-long circuit breaker period. HDB resale prices rose by 0.8 per cent in Sept compared with Aug, a…

Bigger is better for Singapore home buyers

Home owners are trading up, spurred to take that plunge of a bigger financial committment by the work from home trend which has led to a surge in sales of large condos. These are defined as more than…

SRX launches feature on app to help users join community groups near them

Those looking to be part of community groups near them can get to know their neighbours better using the SRX Community feature available on the property platform’s app. Users will be automatically added to the community groups with…

Recession? 2020 new home sales could top 2019’s

Despite economic headwinds and the Hungry Ghost Festival, developers in Singapore sold 1,256 private homes in Aug, 16 per cent higher than July’s take-up. This is the fourth consecutive month of increase in monthly sales since the circuit…

Skyscraper resale flat prices in Singapore hit new highs despite Covid-19 crisis

Pandemic or not, buyers are still paying top dollar for skyscraper HDB resale flats, particularly those at Pinnacle@Duxton and other prime areas. New price records were hit even as the number of million-dollar HDB resale deals fell year-on-year…

Condo, HDB rental volumes tumble again in August; rents hold: SRX

Rents for HDB flats and private apartments held steady in Aug but leasing took another big hit, with rental volumes falling to levels lower than during the circuit breaker period, going by flash data from SRX Property on…

Condo resale volume hits 2-year high in August: SRX

The number of private non-landed homes resold hit a two-year high last month while prices firmed slightly in what observers see as another sign of the Singapore’s property market’s growing recovery from the effects of the Covid-19 pandemic.…

Limited supply of 5-room BTO flats in central region in last five years

For many Singaporeans, successfully balloting for a BTO flat in a centrally located mature housing estate is akin to striking the lottery. Competition is stiff in the hotly sought-after estates of Toa Payoh, Geylang and Bishan, with the…

Demand for HDB resale flats remains strong in August: SRX

Sales of HDB resale flats remained strong in Aug while prices grew at the fastest monthly rate since Feb. There were 1.4 per cent fewer HDB resale flats sold in Aug compared with July, but this volume was…

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