With the growing numbers of COVID-19 infections daily, both in Singapore and globally, Singapore property buyers, sellers, landlords and tenants are equally concerned about the impact of the current situation on their potential property transactions.Here’s what you need to know, based on what we have learned from past epidemics like Sars and H1N1.
As the COVID-19 outbreak continues into new geographies like South Korea and Italy, equity markets are already starting to buckle under concerns that the virus might develop into a global pandemic. So how will this affect your HDB property? And what can we learn from past epidemics like the Sars and H1N1 outbreaks?
HDB Rental For the public housing segment, rents inched up 0.4 per cent last month while the decline in the numbers of units rented […]
New private home sales rebounded strongly as more projects were launched prior to the June holidays. According to the developers’ sales survey by the Urban Redevelopment […]
According to developers’ sales survey by the Urban Redevelopment Authority, the number of units launched fell sharply by 75.5 per cent month-on-month (m-o-m) to 444 […]
Demand for new homes excluding executive condominiums (EC) remained robust as developer home sales rose 16.3 per cent year-on-year (y-o-y) and 0.1 per cent quarter-on-quarter […]
Spring is here and it will be a busy home buying and selling season once again. While the property market had seen slower sales last year due to the cooling measures introduced in July, overall homes sales (landed and non-landed excluding ECs – executive condominiums) may remain robust at around 19,000 – 22,000 units this year.
OrangeTee believes that the only way to “future-proof” the business, will be to transform into a “TechProp” company – a term that is probably not heard by many, or even for the first time, not a “PropTech” company.
Private home prices rose 7.9 per cent last year despite new cooling measures introduced last July. The price increase was mainly from the first two quarters of last year when many new private homes were sold at relatively high prices amid the collective sales frenzy. Here’s Orangetee Real Estate Data Trend Q4 2018 report.
The increased number of HDB resale flats last year could be a silver lining for the market. Here’s OrangeTee HDB Market Pulse Q4 2018 report.
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