February 2024

S$12.25M purchase of No. 27 Geylang Lorong 32 by Primest Land V1 Pte Ltd

A site was recently purchased for S$12.25 million by Primest Land V1 Pte Ltd at a S$804 per plot ratio factoring LBC. No. 27 Geylang Lorong 32 is situated in the heart of District 14. It is considered a distinctive freehold residential site, recently receiving an outline planning permission for an 8-storey boutique redevelopment of…

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Rental prices for condos & HDBs start to slow albeit rising volumes

As per the recent flash report done by our Data Team, we see some movement in the condo and HDB rental price market. We will cover most of the points presented in the report as simply and straight as possible. Let’s start with the condo rental market. Condo rental market price trends Right off the…

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Bishan’s S$1.48M HDB maisonette breaks EXE & estate records

Image credit: Google Maps It appears that 2024 is shaping up to be a year of record-breaking sales and million-dollar transactions in the property market. Almost every week since the year began, news of these sales in various estates has been making headlines. Yesterday, we received news of yet another million-dollar sale, that not only…

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Homeowners with raising annual value bands to expect lower property tax: Budget 2024 round-up

During the recent Budget 2024 speech, when DPM and Finance Minister Lawrence Wong said that there will be another tax rebate next year (2025), given close governmental monitoring and that it necessitates it, we’re in for a good ride. Intrigued? Let’s take a look at how good the ride is going to be. Lower property…

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Here’s why January had the lowest private home sales in 15 years

A few weeks back, we discussed how the HDB resale market in January saw the highest million-dollar sales in history, totaling to 74 transactions. However, while the public housing sector flourished, the private home sales segment painted a starkly different picture. In this article, we’re taking a look at the private home sales for the…

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