April 2022

What’s narrowing the gap between CCR and RCR prices?

Those seeking property purchase opportunities in the Core Central Region (CCR) can rejoice – the price gap for new private homes in the prime districts and those outside of them continues to narrow.  In 2021, the prices of CCR homes rose by 3.8%, paling against the 16.3% increase in RCR homes and the 8.8% increase in OCR...

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Are we seeing more Hong Kong residents buying or renting properties in Singapore?

Even before COVID-19 was declared a pandemic in March 2020, Hong Kong was already in crisis with pro-democracy street protests, curfew rumours and disruptions to commuters due to the controversial extradition bill of 2019. At the time, Bloomberg reported a surge from anxious expatriates sizing up schooling options beyond the former British colony to send...

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Dual-key condo: Analysing the pros and cons

Dual-key condo units first hit the market with the launch of Caspian by Frasers Centrepoint Homes back in 2009. Since then, developers have caught on, launching numerous projects across Singapore that feature dual-key units. Some new launch condo projects featuring dual-key units include Parc Clematis, La Mariposa and Piccadilly Grand. With dual-key units, owners essentially...

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What is the Land Acquisition Act, and can it be enforced on properties like Kampong Lorong Buangkok?

These days, more than three-quarters of the land in Singapore belongs to the government. However, this was only possible due to the Land Acquisition Act, which allows the government to acquire private land for public purposes. This includes freehold land, which, unlike leasehold land plots, technically belongs to the owner indefinitely. The most recent case...

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