Singapore Property Listings

TRELLIS TOWERS

img 700 LORONG 1 TOA PAYOH
RENT
  • img 1,650 Sq/ft
  • img S$4.36 psf
  • img 4 Bedrooms
  • img 4 Bathrooms
S$7,200

Listed by : Andy CHIA

THE CLEMENT CANOPY

img 16 CLEMENTI AVENUE 1
RENT
  • img 732 Sq/ft
  • img S$6.15 psf
  • img 2 Bedrooms
  • img 2 Bathrooms
S$4,500

Listed by : Andy CHIA

EIGHT RIVERSUITES

img 2 WHAMPOA EAST
SALE
  • img 807 Sq/ft
  • img S$1,753.41 psf
  • img 2 Bedrooms
  • img 2 Bathrooms
S$1,415,000

Listed by : Tan Chia Wei

336 RIVER VALLEY

img ROAD
RENT
  • img 1,561 Sq/ft
  • img S$3.46 psf
  • img 3 Bedrooms
  • img 2 Bathrooms
S$5,400

Listed by : Janice Ong

TECK WHYE HEIGHTS I

img 4 TECK WHYE AVENUE
HDB
RENT
  • img 1,100 Sq/ft
  • img S$2.45 psf
  • img 3 Bedrooms
  • img 2 Bathrooms
S$2,700

Listed by : Charme YAN

TEXTILE CENTRE

img 200 JALAN SULTAN
SALE
  • img 1,087 Sq/ft
  • img S$1,333.95 psf
S$1,450,000

Listed by : Charme YAN

How We Work

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New Launch Projects

In our New Launch projects section, you can find the latest New Launch condos for sale, together with the property news on upcoming projects and all you need to know about new condo launches in Singapore.

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Buy Property

Searching for your dream home through our real estate database can be a fun and interactive process. You can easily find resale properties for sale such as HDB, condos and landed houses in Singapore. 

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Rent Property

Whether you are an expatriate or a citizen looking to relocate temporarily, make use of our rental properties database to find the available HDB for rent or Condos for rent. 

Singapore Property

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HOME OWNERSHIP AND INVESTMENT

There are different types of property in Singapore and 80 percent of the population stay in HDB flats also known as public housing. The rest of Singaporeans reside in private residential such as condominiums, walk up apartments and landed properties. 

Singaporeans like to invest in new launch projects and resale private condos. Other real estate asset classes include the commercial retail shops and industrial units B1 or B2 which are not subject to Additional Buyer Stamp Duty (ABSD).

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Articles

2025 Property Tax Rebate and Adjustments to Ease Cost-of-Living Pressures

In a bid to address rising cost-of-living concerns, the Ministry of Finance (MOF) and Inland Revenue Authority of Singapore (Iras) have introduced a one-off property tax rebate for owner-occupiers of residential properties in 2025. This measure aims to provide relief amidst shifting property tax rates and market dynamics. Rebate Details for HDB and Private Property Owners HDB Flat Owners: A 20% property tax rebate will be extended to owners, capped at S$1,000. Private Property Owners: A 15% rebate, similarly capped at S$1,000, will apply to these properties. The rebate accompanies broader changes to the Annual Value (AV) bands for owner-occupied residential property tax rates, effective Jan 1, 2025. The revised structure is designed to ensure lower or similar property taxes for most homeowners, provided their AVs remain unchanged. OWNER-OCCUPIER RESIDENTIAL TAX RATES (%) PORTION OF ANNUAL VALUE (S$)   FROM JAN 1, 2024 TO DEC 31, 2024 FROM JAN 1, 2025 ONWARDS 0 0 - 8,000 0 - 12,000 4 >8,000 - 30,000 >12,000 - 40,000 6 >30,000 - 40,000 >40,000 - 50,000 10 >40,000 - 55,000 >50,000 - 75,000 14 >55,000 - 70,000 >75,000 - 85,000 20 >70,000 - 85,000 >85,000 - 100,000 26 >85,000 - 100,000 >100,000 - 140,000 32 >100,000 >140,000 Impact on Homeowners Over 90% of owner-occupied private properties and all HDB flats are expected to benefit from reduced property taxes. For example: Owners of HDB flats will see their monthly property tax payments reduced significantly. Three-room flats: From S$4.10 to S$1.90. Five-room flats: From S$17.90 to S$15.40. Private property owners, such as those with two- and three-bedroom units, could save between S$214 and S$1,000 with the rebate. However, owners of luxury properties may see higher taxes as adjustments aim to ensure equitable contributions across the tax system. Rental Market Trends and Their Influence Singapore’s property market has witnessed a divergence in rental trends: HDB Rentals: Increased demand from upgraders and limited supply has driven rents higher. Huttons Asia predicts a 4% rise in HDB rents for 2024. Private Rentals: A contraction in demand, partially attributed to a 3,000 reduction in Employment Pass holders in the first half of 2024, has stabilized private rental prices. Looking ahead, the completion of private homes is set to drop by over 40% in 2025, potentially sustaining rental prices despite the slowing demand. Changes to AV Bands and Social Support Schemes The government has also revised AV thresholds to enhance access to social-support schemes: The second AV tier will increase to cover properties with AVs between S$21,000 and S$31,000, up from the current S$21,000 to S$25,000. This change allows more than three-quarters of residential properties, including lower-value private homes, to qualify for support. Owners of one- and two-room HDB flats will continue to pay no property tax, while those in larger flats will remain taxed at a 4% marginal rate. Market Implications and Investor Sentiment Property analysts believe these measures, while offering relief, will not deter property investments. Singapore’s residential property market remains attractive due to its potential for capital appreciation, which outweighs incremental tax increases. The adjustments also align with broader fiscal trends: in FY2023, property tax revenue contributed 7.4% of total government revenue, amounting to S$5.9 billion, up from S$5.1 billion in FY2022. Conclusion The 2025 property tax rebate and AV adjustments reflect the government’s commitment to easing financial pressures on homeowners while ensuring the tax system remains progressive. By supporting lower-income households and maintaining market attractiveness, these initiatives strike a balance between economic relief and long-term fiscal sustainability.

January 01 2025
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Singapore’s New Private Home Market Surges to Record Highs in November

Singapore’s private home market experienced a significant revival in November, driven by a series of high-profile project launches, pent-up demand, and improving consumer sentiment. According to property data from the Urban Redevelopment Authority (URA) released on December 16, developers sold an impressive 2,557 new private homes during the month. This marks a staggering 246.5% increase from the 738 units sold in October and more than triple the 784 units sold in November 2023. Strongest Sales Since 2013 The November figures represent the highest monthly sales since March 2013, when 2,793 units were sold. Including executive condominiums (ECs), total sales reached 2,891 units, with developers launching 3,375 units for sale. In contrast, November 2023 saw just 800 units sold from 970 launched. The uptick in activity over the past two months is evident, with developers selling a combined 3,295 units in October and November, outperforming the 3,049 units sold during the preceding nine months. The year-to-date sales as of November stood at 6,344 units. This figure positions the market to surpass 2023’s 15-year low of 6,421 units sold. A Wave of New Launches JT Chia, Managing Director of Propertyforsale, attributed the surge to an unprecedented six project launches in November, including five condominium projects and one EC. These new launch projects accounted for a significant portion of sales, with the 916-unit Chuan Park selling nearly 80% of its units and the 846-unit Emerald of Katong almost fully sold. These two projects emerged as November’s best-sellers, achieving median prices of S$2,627 per square foot (psf) for Emerald of Katong and S$2,586 psf for Chuan Park. The easing interest rates, following two rate cuts by the U.S. Federal Reserve since September, further bolstered buyer enthusiasm. Timing and Market Dynamics Developers appeared eager to launch projects quickly, capitalizing on strong demand and aiming to beat the festive lull in December and January. Property Outlook for 2025 The government’s land sales (GLS) program for the first half of 2025 is expected to yield approximately 5,030 new private homes, including 980 EC units. Challenges on the Horizon While optimism prevails, potential headwinds loom. The protectionist U.S. trade policy under a second Donald Trump presidency might result in a higher inflation environment. As such, the number of interest rate cut could reduce.  Property analysts remain cautiously optimistic, predicting steady demand and sustained interest in well-located, high-quality developments. The resurgence in November underscores the resilience of Singapore’s private housing market, setting a promising tone for the year ahead. A stable HDB resale price will provide support for private home transactions. 

December 16 2024
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HDB Reports Record S$6.78 Billion Deficit for FY2023 Amid Rising Costs and Increased Housing Supply  

The Housing and Development Board (HDB) of Singapore has reported a record annual deficit of approximately S$6.78 billion (US$5.1 billion) for the financial year 2023 (FY2023). This marks a significant rise from the S$5.38 billion deficit reported in FY2022.   The increase in the deficit underscores the financial challenges faced by HDB in balancing its mission of providing affordable public housing with escalating construction costs and an expanded flat supply.   Home Ownership Segment Drives Deficit   The bulk of the deficit—about S$6.23 billion—was attributed to HDB’s Home Ownership segment, which covers the development and sale of flats under Build-to-Order (BTO) schemes and the disbursement of housing grants to eligible households.   The deficit stems from three main areas:   1. Provision for foreseeable deficit: A net increase of about S$3.74 billion was recorded for flats currently under development. HDB makes upfront provisions for expected deficits for BTO projects, given the subsidized pricing of public housing. This provision rose significantly in FY2023 due to a ramp-up in BTO flat supply, with about 22,700 flats commencing development, a sharp increase from 15,100 flats in FY2022.   2. Gross deficit on completed sales: HDB reported a gross deficit of S$1.37 billion for flats where keys were issued to buyers, compared to S$1.2 billion in FY2022. While fewer units were sold in FY2023 (16,844 units compared to 18,478 in FY2022), higher construction costs drove this increase.   3. Higher housing grants: HDB disbursed S$999 million in CPF housing grants in FY2023, up 46% from S$686 million in FY2022. This spike followed a February 2023 revision to the CPF Housing Grant, increasing the amount by up to S$30,000 to improve resale flat affordability for first-time buyers.   Rising Costs and Expanded Initiatives   The record deficit is partly attributed to rising construction costs, fueled by global geopolitical conflicts and supply chain disruptions. These factors have impacted material costs and project timelines.   Despite these challenges, HDB remains committed to its long-term plans to meet housing demand. Since 2021, it has launched over 82,000 flats and is on track to offer 100,000 flats by 2025.   Investments in Upgrading and Rental Housing   Beyond home ownership, HDB invested significantly in rejuvenating existing estates and enhancing housing options for lower-income families:   - Upgrading programmes: HDB spent S$396 million on schemes like the Neighbourhood Renewal Programme, Home Improvement Programme, and Lift Upgrading Programme.   - Rental housing: HDB increased its spending to S$160 million in FY2023, up from S$141 million in FY2022, for upgrading and managing rental flats for lower-income households.   HDB also allocated S$446 million to residential ancillary functions, including the management of car parks and planning-related activities.   Commitment to Affordability   HDB reiterated its dedication to keeping public housing affordable and accessible. Despite rising costs, 80% of first-time homebuyers were able to service their housing loans with CPF, requiring little or no cash payments.   HDB CEO Tan Meng Dui emphasized that "enabling Singaporeans to own their homes remains HDB’s key priority." He noted that the substantial deficit under the Home Ownership segment reflects HDB’s commitment to affordability, inclusivity, and accessibility for Singaporeans, even in a challenging economic climate.   The record deficit highlights the financial trade-offs involved in sustaining Singapore’s public housing model, but it also reaffirms HDB’s enduring commitment to providing affordable housing for its citizens.

November 08 2024
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Record-Breaking Demand for Plus and Prime BTO Flats in October Sales Exercise

The October 2023 Build-to-Order (BTO) sales exercise saw a remarkable surge in applications, with over 35,600 submissions for 8,573 flats, marking the highest demand since August 2022. The exercise introduced a new classification system for flats, attracting strong interest across its 15 projects and signaling a significant shift in Singapore's public housing landscape.   A New Era for BTO Classifications   This sales exercise was the first to adopt the new Standard, Plus, and Prime classification system, replacing the traditional mature and non-mature estate labels. The reclassification, based on proximity to city centers, transport connectivity, and amenities, aims to offer greater clarity while addressing concerns over affordability and fairness.   Prime and Plus flats, offering better locations and additional subsidies, come with stricter resale restrictions, including a 10-year minimum occupation period and subsidy clawbacks of 6% to 9%. These measures are intended to curb the "lottery effect" associated with owning flats in prime areas.   High Demand for Well-Located Projects   The two Standard projects in Pasir Ris—Costa Riviera I and II—garnered the highest interest, with first-time application rates of 6.7 for five-room and 3Gen flats. Located near Pasir Ris MRT station and featuring relatively short waiting times of three years, these flats stood out among buyers.   Similarly, the West BrickVille @ Bukit Batok project, near the future Tengah Park MRT station, drew strong interest, particularly for its four-room and five-room flats, with first-time application rates of 3.0. Its short waiting time of just two years further boosted its appeal.   In contrast, the Taman Jurong Skyline project in Jurong West struggled to attract applicants despite its low launch prices. Propertyforsale Managing Director, JT Chia, attributed the undersubscription to its less favorable location, next to the busy Ayer Rajah Expressway (AYE) which is a source of noise and air pollution. "It is a double whammy when the nearest Lakeside MRT station is more than 25-minutes walk away," Mr Chia said. Popularity of Prime and Plus Flats   Prime and Plus projects in areas such as Ang Mo Kio, Bedok, Geylang, and Kallang/Whampoa were largely oversubscribed, reflecting strong buyer interest despite stricter resale conditions.   Central Trio @ AMK emerged as the most sought-after project in this category, with an overall application rate of 7.9 times. The 422 units in this Plus project attracted 3,345 applicants. There were 1,763 applications for its 267 four-room units, translating to an application rate of 4.1 among first-time families.   Property analysts noted that buyers prioritized affordability and location over the resale flexibility of these flats. We anticipated strong demand for this project, given the relative rarity of new flats in Ang Mo Kio. The last BTO project in this area, Central Weave @ AMK, was launched in August 2022 and saw an application rate of 14.1 times. Buyers Shrug Off Subsidy Clawback The subsidy clawbacks of 6% to 9% did not deter buyers from choosing the Plus and Prime BTO flats. Because they are expected to price in the clawback subsidy when they sell the flats after MOP. For example, a 4-room BTO Plus flat at Central Trio @ AMK cost about $500,000. The owner could stand to profit about $250,000 if it was sold for $800,000 in the near future after the 6% subsidy clawback.  Singles Drive Record Application Rates   The October exercise also marked a milestone for singles, who were allowed to apply for two-room flexi flats in any location for the first time. In the past, singles could only apply for such flats in non-mature estates. This policy change spurred significant demand, with first-time singles accounting for about 20% of applications.   In Bukit Batok, more than 36 first-time singles competed for each of the 130 two-room flexi units. Similar trends were observed in Ang Mo Kio, Kallang/Whampoa, and Pasir Ris, where application rates for singles ranged from 26.3 to 29.5.   It may take a few years to meet this pent-up demand among singles. Implications for Singapore’s Housing Landscape   The October BTO sales exercise underscores the importance of location and connectivity in driving demand. Projects near MRT stations or offering shorter waiting times were particularly popular, emphasizing the premium placed on convenience in a well-connected city like Singapore.   The strong response to Plus and Prime flats, despite their tighter restrictions, suggests that buyers are willing to trade flexibility for strategic locations and affordability. With the relaxation of rules for singles and the introduction of new classifications, the housing market appears poised for further evolution to meet diverse needs.   As demand for public housing continues to grow, these trends may guide future policies to ensure affordability, accessibility, and sustainability in Singapore’s public housing system.  

October 24 2024
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Plus and Prime flats for October BTO Sales Exercise: Overhaul of Public Housing Classification

Home buyers in Singapore are set to benefit from the upcoming October Build-to-Order (BTO) sales exercise, which will launch next week with the largest number of projects to date. This exercise will mark the debut of a new classification system for public housing flats, aimed at offering more variety in housing types and ensuring affordability across different income groups. The Housing and Development Board (HDB) announced the availability of 8,573 flats across 15 projects in nine towns under the Standard, Plus and Prime framework, designed to cater to diverse housing preferences and needs. New Framework: Standard, Plus, and Prime Flats In a major shift, flats will now be categorized as Standard, Plus, or Prime based on their location, connectivity, and available amenities. This replaces the previous distinction between mature and non-mature estates. - Standard flats: Represent the baseline classification, generally found in areas with good but fewer premium attributes. - Plus flats: Found in "choicer locations" with better connectivity and unique features, offering a middle ground between Standard and Prime. - Prime flats: Located in areas with exceptional locational advantages, including proximity to the city center and amenities. HDB announced that seven Plus projects and one Prime project will be available in the upcoming exercise. The Plus projects will span towns like Kallang/Whampoa, Ang Mo Kio, Bedok, and Geylang, offering a total of 3,273 units. Notable developments include Kallang View, positioned between Kallang and Geylang Bahru MRT stations, and two waterfront projects—Bayshore Vista and Bayshore Palms —providing a sea view for upper floors.  The sole Prime project, Crawford Heights, will be located at the junction of North Bridge Road and Crawford Street in Kallang/Whampoa, offering 312 flats in a central area within a five-minute walk of Lavender MRT station. Standard Flats Still Dominate While the Plus and Prime flats present attractive options for buyers looking for premium locations, Standard flats will make up the bulk of this exercise, with 4,988 units across seven projects in towns like Bukit Batok, Jurong West, Pasir Ris, Sengkang, and Woodlands. These flats range from two-room flexi to larger 3Gen flats, offering a variety of housing options to meet different family sizes and needs. New Classification to Promote Fairness and Affordability The revamped classification aims to promote a good social mix in all towns and ensure that housing remains affordable to all income groups. In line with this, HDB will provide additional subsidies to buyers of Plus and Prime flats, ensuring they remain accessible to a broader range of Singaporeans. However, to prevent speculative gains, or what is often called the "lottery effect," these flats will come with stricter resale conditions, including a 10-year minimum occupation period (instead of the usual five years) and a subsidy clawback upon resale. Changes to Allocation Quotas and Schemes The new classification will also lead to adjustments in flat allocation quotas and ballot chances for first-timer applicants. Flats that were previously categorized as non-mature estate flats will now align with the Standard classification, while parameters previously applied to Prime Location Public Housing (PLH) flats will now apply to Prime flats under the new system. One significant change in this BTO exercise is that singles will, for the first time, be allowed to apply for two-room flexi flats in all locations across Singapore. More than 1,900 two-room flexi flats will be available in 10 of the 15 projects, offering greater opportunities for singles to own homes. Shorter Waiting Times for Select Flats In addition to the variety of housing types, buyers can look forward to shorter waiting times for certain projects. HDB will offer 2,085 flats with reduced waiting times across three projects in Bukit Batok and Sengkang, including West BrickVille in Bukit Batok, where flats will be completed within two years—one of the shortest wait times for a BTO project. Conclusion This upcoming BTO exercise, with its largest-ever number of projects and the new classification system, signals a significant step toward creating more inclusive and diverse public housing options in Singapore. The mix of Standard, Plus, and Prime flats provides potential homeowners with a broader range of choices, ensuring that housing remains accessible, equitable, and reflective of the different needs and aspirations of Singaporeans. Frequently Asked Questions (FAQs) Question: What happens if there is a divorce within the 10-year MOP? Answer: Neither husband nor wife is allowed to take ownership of the residential property, the flat will have to be surrendered back to HDB at a price that will likely be based on the original BTO purchase price less acquisition costs. Question: I am a single, what type of HDB flat can I buy? Answer: First-time single applicants are now eligible to: (a) purchase new two-room flexi flats in all locations under the Standard, Plus, and Prime categories; (b) purchase Standard or Plus flats of any size (excluding 3Gen flats) on the resale market; and (c) purchase two-room flexi Prime flats on the resale market. Question: When does the Minimum Occupation Period start counting? Answer: The 10-years Minimum Occupation Period (MOP) for your Plus or Prime HDB flat is calculated from the date you collect your keys. It does not include any periods when the flat is not occupied, such as when the entire flat is rented out or if there has been a breach of the flat lease. Question: What is the income ceiling for resale buyers of the Plus and Prime flats? Answer: The income ceiling is S$14,000 for the resale of Plus and Prime flats whereas the income cap for singles is S$7,000 if it is a Prime flat. Question: Can I rent out my whole flat after MOP? Answer: No, you are not allowed to rent out your entire flat if it is classfied under Plus or Prime flats. This type of flats are meant for genuine owner occupation and not investment. However, you can rent out individual bedroom as a room rental.

October 11 2024
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