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Will Long Island be Singapore's second Sentosa? | Singapore Business Review

Will Long Island be Singapore's second Sentosa? | Singapore Business Review
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Latest Q3 property stats: Condo and HDB rents up 20.9% over past 9 months, 8.6% this quarter

It's near the end of October (Halloween, yay!), and no, it's not time for another housing-related scare. It's the time when both the Urban Redevelopment Authority (URA) and Housing Development Board (HDB) release their latest quarterly data to market watchers. Here's what some property analysts have shared so far. The latest Third Quarter 2022 data from URA has shown that. ....

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Cash over valuation back in the spotlight as rising property demand in Singapore drives resale prices up | Singapore


Monday, 05 Apr 2021 07:38 AM MYT
With the recent unexpected recovery of the property market during the Covid-19 pandemic, COV has begun making a comeback. Ernest Chua/TODAY pic
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SINGAPORE, April 5 Having seen property prices tumble during the 1997 Asian Financial Crisis and the severe acute respiratory syndrome (Sars) outbreak in 2003, Ng thought the ongoing Covid-19 pandemic would present him with a golden opportunity to secure his dream retirement home at a discount.
Instead, the 66-year-old retiree saw prices “go up tremendously” as he ended up having to fork out about S$160,000 (RM492,100) in cash over valuation (COV) for a five-room resale Housing and Development Board (HDB) flat in Pasir Ris. The 27-year-old recently renovated flat came with a price tag of around S$650,000. ....

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