Singapore’s tax revenue hit a new high in the 2023/2024 financial year, collecting a whopping S$80.3 billion (US$61.4 billion) – marking a 17% increase from the previous year. This jump in tax collection reflects the country’s solid economic performance and rising wages in 2022, according to the Inland Revenue Authority of Singapore (IRAS). This tax […]
The iconic Concorde Hotel & Shopping Centre at 100 Orchard Road has officially been launched for collective sale, marking its first en bloc attempt. Owned by Singapore-listed Hotel Properties Ltd (HPL), this prime property features 407 hotel rooms spread across the fourth to ninth floors and 63 out of 98 strata shops within the three-story […]
D’Grove Villas, a freehold high-rise condominium in the prestigious District 10, is back on the market for collective sale at S$420 million. This is the third attempt by the owners to sell the property en bloc after two previous efforts failed to secure a deal. The guide price of S$420 million translates to a land […]
A new executive condominium (EC) site on Tampines Street 95, which could offer around 560 housing units, has been put up for sale by the Housing and Development Board (HDB). This site, part of the confirmed list under the government land sales program for H2 2024, is expected to draw significant interest from developers. The […]
Singapore’s education landscape is set to undergo a significant transformation, making high-quality learning more accessible to all students. Prime Minister Lawrence Wong announced during his National Day Rally on August 18th that the Gifted Education Programme (GEP) will be revamped, allowing more primary schools to offer specialized high-ability programs. Previously, only a select few schools […]
Singapore’s city centre is on the cusp of transformation, with plans to develop prime waterfront living spaces, including highly anticipated projects like Newport Residences and Meyer Blue. Real estate analysts predict that these premium locations will likely command higher prices, reflecting their prime status and the allure of waterfront living. In his recent National Day […]
Renting a place in Singapore got a bit pricier in July, with both HDB and condo rents climbing. According to recent data from SRX and 99.co, condo rents nudged up by 0.9%, while HDB rents saw a 1.4% increase compared to June. In terms of condo rentals, the market was particularly busy. Around 8,133 units […]
Starting 20th August 2024, new changes are coming that could impact how much you can borrow to buy an HDB flat. The Housing Board is tightening the maximum loan amount to cool down the resale market. But there’s good news too—first-time buyers in the lower-to-middle income range will receive more financial support, with the Enhanced […]
Singapore’s sports scene is about to get a major boost! In a game-changing move, the Singapore Sports School (SSP) will be relocating from Woodlands to Kallang, as announced by Prime Minister Lawrence Wong during his National Day Rally speech. This move is part of the larger Kallang Alive masterplan, which aims to further establish Kallang […]
In the second quarter of 2024, Singapore’s luxury condominium market saw a resurgence in activity, driven by the return of ultra-wealthy buyers. After three consecutive quarters of decline, sales for high-end condos have picked up, reflecting renewed interest from both local and international buyers. Developments like Watten House in Bukit Timah, Marina View Residences, and […]
