Lorem ipsum

Lorem ipsum dolor sit amet

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Duis volutpat dui a est laoreet, nec molestie tortor.

Most Recent

1H2024 Has the Highest Housing Supply Since A Decade Ago. What Are the Interesting Sites Released?

“On December 6, 2023, the Urban Redevelopment Authority (URA) unveiled a promising outlook for the 1H2024 Government Land Sales (GLS) with the release of 10 Confirmed List sites and 9 Reserved List sites. These sites are projected to yield a substantial 8,910 private residential units, 107,750 sqm gross floor area (GFA) of commercial space, and 530 hotel rooms.

The Confirmed List sites, contributing significantly to this surge, will introduce 5,450 private residential units in 1H2024. This marks an increase from the 5,160 units in 2H2023 and represents the highest supply on the Confirmed List within a single GLS program since 2H2013.”

Read More »

Soaring EC Land Prices and Bids Contrast with Declining Trends in Private Properties

“In the wake of the recent harmonisation of Gross Floor Area (GFA) definitions, a notable trend has emerged in the Government Land Sales (GLS) landscape. Developers, in response to the changes in GFA calculations, are now submitting lower bids for land.

The decline in land prices is primarily attributed to a significant shift predating GFA adjustments. Previously, developers had the flexibility to construct “”free”” aircon ledges and curtain walls, which were excluded from GFA calculations. These elements constituted around 4% to 5% (air con ledges) and 1% to 2% (curtain walls) of the total saleable area in private condo developments. However, with the harmonisation of GFA definitions from June 1, 2023, all strata areas, including air con ledges and curtain walls, are now considered in GFA calculations and, consequently, in the saleable area presented to homebuyers. As developers must now account for the full 7% of “”free space”” within GFA, they have to adjust land bid prices downward by 6.5% in order to maintain profit margins.”

Read More »

Everything You Need to Know About Singapore’s 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 agreement, this document serves as a reference point for resolution.

In this article, we’re breaking down all the crucial info you need to know about tenancy agreements in Singapore. Plus, we’ll be tackling some of the most Frequently Asked Questions about these agreements. Let’s get into it!”

Read More »

Lorem ipsuM

Lorem ipsum Lorem ipsum dolor sit amet, consectetur adipiscing elit

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Duis volutpat dui a est laoreet, nec molestie tortor porta. Etiam vitae arcu odio. Sed quis ante nunc. Etiam sit amet augue.

Top Picks

Lorem ipsuM

Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Lorem ipsuM

Lorem ipsum dolor sit amet, consectetur adipiscing elit.