Channel News Asia | 12 Sep 2013

SINGAPORE: Sales of new private homes are poised for an increase in August from a month earlier.

Analysts expect around 600 to 700 units to be sold in August.

Tembusu in the suburbs in Kovan was one of the few projects launched in August - traditionally a lull period because of the Hungry Ghost Festival.

www.propertyguru.com.sg | 2 Sept 2013

The housing board’s latest restrictions on newly-minted permanent residents (PRs) has abruptly halted around 150 property deals, said media reports which quoted property agents.

The new measures announced last week came into immediate effect and requires new PRs to wait three years before they can buy a resale flat. National Development Minister Khaw Boon Wan explained that the move is in line with the government's efforts to “restore balance” in the HDB market.

Channel News Asia | 1 Sept 2013

SINGAPORE: More people are selling their Housing and Development Board (HDB) flats in the resale market without a cash premium.

The Singapore Real Estate Exchange (SRX) said transactions involving zero Cash-Over-Valuation (COV) have more than tripled, from 14 in January to 49 in July.

Channel News Asia | 27 Aug 2013

SINGAPORE: The government has introduced further measures to stabilise the HDB resale market.

The maximum tenure for HDB housing loans will be reduced from 30 years to 25 years.

It's aimed at ensuring financial prudence in the purchase of public housing and discourage over-consumption.

Channel News Asia | 22 Aug 2013

SINGAPORE: 74 per cent of Singapore home buyers are delaying their property purchases, and 59 per cent of the respondents surveyed are confident prices will not decline.

According to a recent survey conducted by property website iProperty Group, 60 per cent of the Singapore respondents have called for additional cooling measures. This compares to 27 per cent who do not want further cooling measures.