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PROPERTY NEWS

URA tender pulls in 8 bids for Jalan Tembusu plot and 4 for Lentor site
Market watchers describe bids as more cautious and subdued in wake of December's cooling measures
The Business Times
Singapore new private home sales decline at slower pace than launches in December
ALTHOUGH developers released considerably fewer private residential units for sale in December 2021, all 3 market segments in Singapore recorded strong overall take-up rates of more than 100 per cent, said Edmund Tie head of research and consulting Lam Chern Woon.
The Business Times
Property cooling measures could increase demand for rental housing: analysts
A total number of 58,613 condo units were rented out in 2021, 6.8 per cent higher than the amount recorded in 2020.
The Business Times
Fragrance's James Koh bags Lornie Road GCB for S$981 psf
Price seems a steal but seen as fair given age of house, location next to highway
The Business Times
New private home sales to ease in 2022 on cooling measures, less fresh supply
Genuine home buyers are seen driving the market next year, while foreign buyers and investors may take a step back due to the higher ABSD
The Business Times
Singapore property auction listings likely to gain pace as rates rise
Market watchers point to combination of expiring government credit support, cooling measures and higher mortgage rates
The Business Times