Hungry Ghost Festival & high interest rates contributed to slower sales in both quarters. Realis statistics from Urban Redevelopment Authority show that 3,121 units were purchased in the Q3 2023 whereas 2,748 ECs were not sold. CCR resale dropped to 476 units at the end of Q3 and RCR to 808 unit from 954 during […]
The price difference between CCR and RCR for resale condos is the lowest in 22 years Read More »
The Assembly Place, a co-living operator in Malaysia, has launched a 426-bed premium student housing at 116 Lorong J Telok Kurau. The Campus by TAP is divided into two buildings on the 104,469 square feet site. A smaller block of three storeys with 161 bed and a bigger block of four stories with 265 bed.
Interest rates have been higher than expected for longer, which has affected the affordability of homebuyers. In the future, interest rates will continue to influence affordability. Many local banks offer HDB loans above 3%. Not everyone is eligible to borrow from HDB at 2.6. As more flats go up for sale, there may also be a shift
URA proposes “adding more flexible and flexible workspaces to areas such as Jurong Lake District”. This may result in an “vertical zone” idea. Instead of establishing distinct land zones, the use is determined by the floor. Lower floors can be utilized for light industries while the middle floors can be used for offices and the
The URA Master Plan 2025: A glimpse into Singapore’s future Read More »
