More than 50% of HDB Resale Flats Now Selling Above S$600,000 – But Affordable Options Await in October BTO Launch

by PropertyNet.SG | Oct 7, 2024 | 2024, News, News & Views | 0 comments

Overview of the HDB Resale Market Surge The HDB resale market has experienced notable growth throughout 2024, reaching a significant milestone in the third quarter—over 50% of resale flats now sell for more than S$600,000. This is an increase from the previous...

$3,260 PSF Average! Meyer Blue Sells Over 50% of Units on Day One 🎉

by PropertyNet.SG | Oct 6, 2024 | Market Trend, News & Views | 0 comments

Meyer Blue, the highly anticipated luxury freehold condominium along the prestigious Meyer Road, made an impressive market debut, selling over 50% of its 226 units on its launch day. With an average price of $3,260 per square foot (psf), the development’s strong...

October 2024: New BTO Categories Open Islandwide

by PropertyNet.SG | Oct 5, 2024 | Insights, News & Views, Regulation & Policies | 0 comments

October 2024 marks a significant change in Singapore’s public housing policy, introducing a new BTO classification scheme to increase affordability and inclusivity for all eligible Singaporeans. The revamped framework divides BTO flats into Standard, Plus, and Prime...

Understanding GFA Harmonization: Impact on Home Buyers & Resale

by PropertyNet.SG | Oct 4, 2024 | Property Guide, Regulation & Policies | 0 comments

    You may have heard about Gross Floor Area (GFA) harmonization in Singapore for some time, especially after the launch of Lentor Modern, the first condo project impacted by these new rules. Since then, more projects have followed suit under the harmonized...

How to Navigate Singapore’s Housing Market After Q3 2024 Shift

by PropertyNet.SG | Oct 2, 2024 | 2024, Market Insights, News & Views | 0 comments

The Singapore property market experienced a shift in Q3 2024, with private home prices taking a downturn while the HDB resale market gained strength. This change is noteworthy, given the sustained growth observed earlier in the year. The 1.1% quarter-on-quarter drop...

Why Leasehold Properties Outshine Freehold – A Smart Buyer’s Guide

by PropertyNet.SG | Oct 1, 2024 | 2024, Market Insights, News & Views | 0 comments

When purchasing property in Singapore, the most significant decision is between leasehold and freehold. This debate has been ongoing for generations, with many people, especially older generations, traditionally favouring freehold properties due to their infinite...