Singapore Property Market 2023: Year-In-Review

Taking a retrospective look back at 2023, let us review the developments in the property landscape over the past year in order to predict the property trends that are going to happen in 2024. Let’s recap the year by looking at the respective 2023 Q4 Reports from the Housing and Development Board (HDB) and Urban […]

What is the Difference between Option to Purchase (OTP) and Offer to Purchase?

When you’re diving into the property-buying world, you’re gonna run into these acronyms: “Option to Purchase” (OTP) and “Offer to Purchase” (also, OTP – confusing, right?). 

To keep it simple, we usually call “Option to Purchase” just “OTP,” while “Offer to Purchase” gets shortened to “Offer.”

How Does the Singapore Government Cope With The High Rental Demand?

Singapore’s rental price index has surged by 55% since the fourth quarter of 2020. This means that it is much more expensive to rent now compared to three years ago. However, there is a glimmer of relief as it has shown signs of stabilisation in the most recent quarter. Source: URA The substantial increase in […]

Everything You Need to Know About Singapore’s Tenancy Agreement

What is a Tenancy Agreement? The Tenancy Agreement is a legally binding document that establishes the terms and conditions agreed upon by both the landlord and tenant. Instead of seeing it as restrictive, it’s more aptly viewed as a tool to safeguard the interests of both parties. In situations involving disputes or breaches of the […]

What is the Singapore Private Residential Property Market Outlook for 2023 Q3?

Are you in search of your next home or seeking undervalued investment opportunities? Understanding today’s property market dynamics is absolutely key. What better way than to analyse the data from Urban Redevelopment Authority’s (URA) quarterly report.  Just recently, URA released their 2023 Q3 report and it unveiled a striking observation: there has been a substantial […]