16 King Albert Park

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The Hermitage

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400m To Kovan MRT. FH Terrace Renovated For Function And Easy Living

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Tag: cooling measures

Local property market more stable

Minister Lawrence Wong says the cooling measures implemented have achieved what they set out to do   Singapore’s property cooling measures have achieved what they set out to do, said Minister for National Development Lawrence Wong, but most analysts do not expect them to be lifted in…

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What Rising Interest Rates Mean for Singapore Property

Homeowner Grace Koh had barely settled into her new condominium apartment along Singapore’s breezy East Coast in August, when the interest rate on her mortgage jumped from 1.5 per cent to 1.8 per cent.   When she first took out the S$1.1 million (US$800,000) home loan with…

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Sub-sale: What property sellers and buyers need to know

SINGAPORE: What happens when you have bought a newly launched property from a developer, but wish to sell it before it is completed?   Before completion, a transaction of a unit between the original buyer and new buyer is called a sub-sale in industry parlance.   This…

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URA launches two sites for sale under 2H2018 GLS Programme

SINGAPORE: The Urban Redevelopment Authority released four sites as part of the 2H2018 Government Land Sales (GLS) Programme. Two of the sites, one on Sims Drive and another along Middle Road, are under the Confirmed List and are open for public tender. A site along Dairy Farm…

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Is the Singapore property market still a safe haven for investors?

SINGAPORE: With all the turmoil of a Trump presidency and Brexit, we wouldn’t be surprised if analysts eventually suggest hiding your money in a sock.   In the aftermath of the last crisis years (2009 to 2013), the Singapore property market — particularly its luxury segment —…

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Singapore Ousts Hong Kong as No. 1 for Luxury Home-Price Gains

SINGAPORE: Guess which city managed to top a luxury real-estate ranking despite a slew of cooling measures to tame its property market?   Yes, the tiny island nation of Singapore, nudging out Hong Kong. Luxury home prices rose 13 percent in the quarter ended Sept. 30 from…

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