October 2022

1,679-sqft penthouse at Copen Grand sold for S$2.173m, a record for new launch ECs

Much has been said about Copen Grand – the first executive condominium in Tengah Town. Less than a week after its sales gallery opened on October 7, the 639-unit project saw around 20,700 visitors throng its showroom, 2,300 e-applications from prospective buyers and by the end of its first day of launch on 22 October,…

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HDB incurred a record deficit of S$4.367 billion in FY 2021, 86% higher than previous year

HDB announced on Monday that it has incurred a record deficit of S$4.367 billion in the financial year 2021 (ended 31 March 2022). This is 86% higher than the deficit in the previous financial year at S$2.346 billion. This is also the highest-ever deficit recorded since the inception of public housing in Singapore. 88% of…

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8 Exceptional Leaders handpicked by Founder of Preeminent Group & Chief Agency Officer of ERA Mr. Kevin Lim to Lead ERA Preeminent Group Into The Next Generation

The founder of Preeminent Group, Kevin Lim (@KevinLim222) who is also the recent appointed Chief Agency Officer of ERA,  with the support of co-founders Zac Huang (@ZacHaung8000) , Alex Lim (@AlexLim800) & Bjorn Chua (@BjornYourLimits) has personally selected Daniel Phua (@PhuaDaniel), Donny Lee (@DonnyLeehs), Ivan Lam (@IvanLam111), Kelly Yu (@KellyG818), Kenny Neo (@KennyNeo111), Marvin Lee…

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Parents of 3 bought an Executive Apartment in Hougang and share purchasing and reno decisions

“Our first home was a 4-room BTO in Sengkang. It had 91 square metres or 980 square feet of space and was conveniently located next to Sengkang MRT. We had wonderful neighbours and enjoyed the accessibility and amenities nearby. “However, when our estate MOP-ed, we made the difficult decision to start looking for a bigger…

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Grace, Regine and Ana: Meet the three young millennials striking their path forward by staying true to themselves

Ever wondered what it is like to be a property agent? In this new series entitled Agent Success Stories, we sit down with agency leaders to find out their side of the story. From their humble beginnings to the challenges they have faced on the road to success, we learn that a career in the…

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Latest Q3 2022 property stats: Condo and HDB rents up 20.8-20.9% over past 9 months, +7.5-8.6% this quarter

It’s near the end of October (Halloween, yay!), and no, it’s not time for another housing-related scare. It’s the time when both the Urban Redevelopment Authority (URA) and Housing Development Board (HDB) release their latest quarterly data to market watchers. Here’s what some property analysts have shared so far. Private Residential Properties The latest 3rd…

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How I Met Your Co-Tenant: Are there more people co-sharing apartments due to higher per square foot rent?

It seems that the starting age for young adults to buy their first home is increasing in accordance with rental prices, forcing more to adopt the title of co-tenant in order to afford their own private space. The rental price hike comes on the back of the latest cooling measures in October 2022, which saw a lowered Loan-To-Value (LTV)…

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