THE LEVEL GROUND

Worried over job prospects? Young adults should go forth fearlessly to buy an HDB BTO flat

Bank on creating wealth from purchasing a subsidised home amid rising uncertainty

The bungalow's transacted price works out to about S$3,169 psf on the freehold land area of 23,979 sq ft.
SINGAPORE PROPERTY

Shanda co-founder sells Tanglin Hill bungalow for S$76 million

The price is nearly double the S$38.8 million Chrissy Luo paid for the property in 2011

The seven-storey property comprises 102 residential units, five retail units and 81 parking spaces.

TE Capital Partners, Hillhouse-backed Dash Living acquire prime Tokyo housing asset

The Singapore-based private equity firm will have a supermajority stake in the joint venture

Spanning about 11,535 sq m, the parcel can yield about 185 units.
SINGAPORE PROPERTY

Canberra Drive executive condo site is first to test market after EC rules tightened

Launch of the tender follows the government rolling out new measures to cool the heated market

Newport Residences spans levels 23 to 45 of the 45-storey Newport Plaza, which will also have Grade A offices, F&B spaces and branded serviced apartments.
THE LEVEL GROUND

Should buyers get more excited over relatively ‘cheap’ freehold Newport Residences?

The project’s underperformance versus River Modern may not be justified

The price paid for the Shi family’s latest bungalow purchase in Cluny Hill works out to S$2,295 psf on a land area of 37,036 sq ft.
SINGAPORE PROPERTY

Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million

CK Tang family’s Victoria Park Close mansion sells for S$63 million

Applying a 10-year MOP to homeowners can be extremely harmful to housing mobility.
THE LEVEL GROUND

Allow flexibility on 10-year minimum occupation period for homeowners with sufficient deterrents

Needs and financial circumstances of owners of HDB Plus and Prime flats and new EC units can change

Including executive condominiums, 1,649 units were sold in April, with 1,426 units launched.
SINGAPORE PROPERTY

Developers sell 1,548 new homes in April, chalking up the highest sales in six months

The Outside Central Region accounts for 87.7% of condo and private apartment deals last month

A one-bedder unit is cheaper than larger flats, and also has lower recurring costs as management fees and maintenance costs are generally higher for bigger units.
THE LEVEL GROUND

Should developers build more one-bedroom condo units?

Affordability, leasing demand and an ageing population support having more of such housing

The new measures will apply to all executive condominium projects on government land sale sites with tender closing dates on or after May 8.
SINGAPORE PROPERTY

Upcoming EC projects that are exempt from new rules get a ‘bonus’, as buyers steer towards them: analysts

Scrapping of deferred payments could be a major blow to sales on sites sold in the future