Tag Archives: Homes

SINGAPOREANS AND SPRS CONDEMNED TO EVER SMALLER HOMES

Here is why Singaporeans and Singapore Permanent residents will be condemned to even smaller homes. If I want to property in Singapore, what should I do? Read on. If you think a 600 square feet studio apartment is small, wait till you see the 400 square feet studio units.

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SG HOMES RANKED “SERIOUSLY UNAFFORDABLE” BY WORLD SURVEY

In 2016, Singapore homes prices were 4.8 times the median annual pretax household income, a slight improvement from the 5.1 times recorded in 2013, but still among the world's most "seriously unaffordable" household prices according to the 13th Annual Demographia International Housing Affordability Survey.

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MASS FOREIGN BUYERS COMPETE WITH LOCALS FOR S’PORE HOMES

I refer to the article “More foreign demand for S’pore homes” (Straits Times, Nov 30). It states that “Foreigners are jumping back into the private residential property market here in greater numbers, with buyers from China consolidating their position as the top buying group.

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EMPTY HOMES ON THE RISE IN SINGAPORE

The number of vacant private homes in Singapore is steadily rising, climbing 10.3 percent to 21,268 units in Q2 2014 from 19,284 units in the previous quarter, revealed a Savills report. Notably, the vacancy rate rose to 7.1 percent from 6.6 percent in Q1. The greater number of empty units on the market comes despite strong leasing demand in Q2, with rental deals reaching a record 15,053 transactions, or a 12.2 percent increase from the quarter before.

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