Recent changes to the Land Betterment Charge (LBC) rates reflect the evolving dynamics in Singapore’s property market. LBC rates for non-landed residential use will see a decline in the coming months, while rates for other key property types, including landed residential, commercial, and hotel developments, will rise but at a slower pace. These changes come […]
Federal Reserve Chair Jerome Powell announced on Friday (Aug 23) that the time has come for the Fed to begin cutting interest rates. Speaking at the Kansas City Fed’s annual economic conference in Jackson Hole, Wyoming, Powell expressed confidence that inflation is now on a sustainable path toward the U.S. central bank’s 2% target and […]
A new executive condominium (EC) site on Tampines Street 95, which could offer around 560 housing units, has been put up for sale by the Housing and Development Board (HDB). This site, part of the confirmed list under the government land sales program for H2 2024, is expected to draw significant interest from developers. The […]
Singapore’s education landscape is set to undergo a significant transformation, making high-quality learning more accessible to all students. Prime Minister Lawrence Wong announced during his National Day Rally on August 18th that the Gifted Education Programme (GEP) will be revamped, allowing more primary schools to offer specialized high-ability programs. Previously, only a select few schools […]
Singapore’s city centre is on the cusp of transformation, with plans to develop prime waterfront living spaces, including highly anticipated projects like Newport Residences and Meyer Blue. Real estate analysts predict that these premium locations will likely command higher prices, reflecting their prime status and the allure of waterfront living. In his recent National Day […]
Renting a place in Singapore got a bit pricier in July, with both HDB and condo rents climbing. According to recent data from SRX and 99.co, condo rents nudged up by 0.9%, while HDB rents saw a 1.4% increase compared to June. In terms of condo rentals, the market was particularly busy. Around 8,133 units […]
Starting 20th August 2024, new changes are coming that could impact how much you can borrow to buy an HDB flat. The Housing Board is tightening the maximum loan amount to cool down the resale market. But there’s good news too—first-time buyers in the lower-to-middle income range will receive more financial support, with the Enhanced […]
Singapore’s sports scene is about to get a major boost! In a game-changing move, the Singapore Sports School (SSP) will be relocating from Woodlands to Kallang, as announced by Prime Minister Lawrence Wong during his National Day Rally speech. This move is part of the larger Kallang Alive masterplan, which aims to further establish Kallang […]
In the second quarter of 2024, Singapore’s luxury condominium market saw a resurgence in activity, driven by the return of ultra-wealthy buyers. After three consecutive quarters of decline, sales for high-end condos have picked up, reflecting renewed interest from both local and international buyers. Developments like Watten House in Bukit Timah, Marina View Residences, and […]
When you’re considering prime properties like Marina View Residences, it’s essential to stay updated on significant developments in Singapore’s real estate market. Recently, a consortium made up of GuocoLand, Hong Leong Holdings’ Intrepid Investments, and Hong Leong Group’s Hong Realty submitted the top bid for a government land sale (GLS) site on Margaret Drive. Their […]
