Raintree Gardens en bloc for $334.2m

Some 175 homeowners (and their families) will each stand to be $1.9 million richer today, in exchange for their homes.Built in the late 1980s, Raintree Gardens, a residential development at Potong Pasir has been sold to joint venture…

Collective sales in Singapore see surge in 2016

Collective sales in 2016 report almost double of sales in 2015 despite the decrease in land supply at the biannual sales programme. So far, there have been 2 en bloc deals transacted at a total value of S$671.25 million from residential…

No changes made by Fed to interest rate, although an end-of-year hike is likely

On Wednesday, 21 September 2016, the U.S. Federal Reserve made no changes to the interest rates, but implied that an increase is likely to happen at the end of the year. This hold is for the sixth consecutive time, and the focus is currently…

Property Quotient Goodie Bag Giveaway!

Did you notice? In our last Property Quotient event, our attendees were each issued a Redbrick goodie bag upon check in.Each goodie bag contained a set of carefully curated items that our guests loved, including Redbrick's very…

Cold Storage supermarket could potentially lose its lease in Holland Village

Residents who frequent the Cold Storage supermarket at Holland Road Shopping Centre may soon have to find other supermarkets to do their grocery shopping.This comes after an announcement that the 12,260 sq ft strata area has just been…

MAS Makes Adjustments to TDSR Rules

In an announcement made by the Monetary Authority of Singapore (MAS) on Thursday, 1 September 2016, homeowners now have more flexibility with regard to the Total Debt Servicing Ratio (TDSR) scheme, allowing them to refinance existing home…

MyProperty: SLA's Latest Online Service for Property Owners

On Wednesday, 31 August 2016, the Singapore Land Authority (SLA) launched MyProperty. MyProperty is an online portal that gives property owners access to their title deeds and boundary plans without charge.Prior to MyProperty, anyone…

Local Interest Rates at 12-month Low

With the strong Singapore dollar (SGD), local interest rates have been declining to a 12-month low.Both the three-month Singapore interbank offered rate (SIBOR) and three-month swap offer rate (SOR) are about 30 and 60 per cent lower…

MAS Announces Smaller Loan Amounts for Buyers Using Deferred Payment Scheme

According to the Monetary Authority of Singapore (MAS), buyers of private properties who are utilising deferred payment schemes will now receive smaller loan amounts. This affects various completed projects that are offered the deferred…

What You Need To Know About En-Bloc Sales In Singapore

Private property is a well sought-after commodity in land-scarce Singapore. Yet in some cases, the government and property developers can actually take over the land that your property sits on, compelling you to sell your house. Of course,…