Despite a lack of new project launches and a period of slower sales activity due to the June school holidays, new private home sales remained steady in June. Developers sold 228 new units (excluding EC) in June, up 2.2% month on month (MOM) from the admittedly low base of 223 units sold the previous month. Year on year, developers’ sales fell 18% from 278 new homes sold in June 2023.
The article in question discusses on the possibility of a property bubble forming in Singapore, trying to claim that the country may be an outlier due to its unique characteristics. While Singapore shares characteristics with other countries that have experienced property bubbles, such as a limited supply of land and high property prices, the article […]
Rents in Singapore’s Housing and Development Board (HDB) flats and condominiums increased more sharply in February 2023 compared to the previous month. The rental volume, on the other hand, has been declining. The SRX Property Rental Index, which measures monthly rents in Singapore, provided these findings. According to the data, while rental rates are increasing, […]
If you’re looking to buy or sell a home in Singapore, you’ve probably heard the term “sub-sale.” But what does it actually mean, and how does it differ from purchasing directly from the developer? We’ll go over everything you need to know about sub-sale properties in Singapore in this guide. What exactly is a sub-sale […]