A Record-Breaking Bid: What Sim Lian’s $768 psf ppr Land Purchase Means for Executive Condominiums

by PropertyNet.SG | Oct 24, 2024 | D18 - Tampines / Pasir Ris, Executive Condominium, Insights, News & Views | 0 comments

    Recently, Sim Lian Group set a new record by securing a plot at Tampines North with a bid of $768 per square foot per plot ratio (psf ppr). This record-setting price has left many wondering about its implications for the Executive Condominium (EC) market and what...

How TDSR & LTV Affect Property Loans and Refinancing

by PropertyNet.SG | Oct 22, 2024 | Insights, Property Type, Regulation & Policies | 0 comments

    When buying property in Singapore, two key regulations govern how much you can borrow: the Total Debt Servicing Ratio (TDSR) and the Loan-to-Value (LTV) limit. These frameworks, set by the Monetary Authority of Singapore (MAS), ensure prudent borrowing and help...

One Sophia Sells 18% of Units: Is the Market Missing an Opportunity?

by PropertyNet.SG | Oct 20, 2024 | 2024, D09 - Orchard / River Valley, Market Trend, News & Views | 0 comments

    Is the Market Missing an Opportunity at One Sophia? Let’s Talk About It. One Sophia’s recent sales launch saw 18% of its strata office units sold. Of 122 available units, 23 were snapped up during the initial weekend at an average of $3,330 per square foot (psf)....

83% Units Gone in Hours! Norwood Grand Nearly Sold Out!

by PropertyNet.SG | Oct 20, 2024 | News & Views | 0 comments

    Congratulations to all the buyers who secured a unit at Norwood Grand during its highly successful preview sale! Almost 85% of the total units were snapped up in just a few hours. This impressive feat showcases the strong demand for this development, making it one...

Step-by-Step Guide to Buying a New Launch Condo in Singapore

by PropertyNet.SG | Oct 17, 2024 | Insights, Property Guide | 0 comments

    Purchasing a new launch condo in Singapore is an exciting but structured process. Whether you’re a first-time buyer or an experienced investor, understanding each step can make the experience smoother and more enjoyable. Here’s a comprehensive guide to walk you...

New HDB BTO Subsidy Clawback: Prime and Plus Flat Buyers Face 6-9% Charge

by PropertyNet.SG | Oct 16, 2024 | Market Insights, Regulation & Policies | 0 comments

    Singapore’s housing landscape has always been carefully managed to keep public housing affordable and accessible. To balance this need with the growing demand for homes in prime areas, the Housing & Development Board (HDB) recently introduced a new...