Month: December 2022

What is happening Under the Mistletoe at Bayshore?

With Christmas finally here, you must have noticed the bright lights and trees with ornaments on both streets and homes, celebrating the birth of Jesus. But no decor is considered complete without a sprig of mistletoe – an evergreen plant to represent the everlasting life of Christ; or more contemporarily reinterpreted to represent love.  It …

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Sceneca Residence – The Epitome of Connectivity in the East

East side best side? Coming out of a year with hot new launch condominiums like AMO Residence and Lentor Modern, Sceneca Residence will soon step into the spotlight next as one of the first new launch condos of 2023.  The most attractive feature of Sceneca Residence is that it will be a mixed-use development with …

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Year-in-Review 2022: Rise of Million-Dollar Resale HDB Flats

Singapore has always been known for its high property prices, but even among the city-state’s expensive real estate market, million-dollar resale HDB flats used to be unthinkable. That is because HDB flats are government-built and subsidised housing units that make up the majority of residential properties here.  In September, HDB flats that have sold for …

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Top 5 Residential Shophouses You Can Find In The Market Now

Shophouses are unique properties in Singapore with a charming blend of traditional and modern architecture and can possess both residential and commercial attributes. Conservation shophouses have long been a prominent feature of our urban landscape, particularly in conserved districts. They can typically be found in prime locations in the city. They are often used as …

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The Future for GCBs – Will it remain the culmination of real estate in Singapore?

2022 has been a tumultuous year for the property market in Singapore as inflation and interest rates hit all-time highs, driving fixed home loan rates up as well. Although the market saw a fantastic showing from the Good Class Bungalow (GCB) segment in terms of both prices and transaction volume last year in 2021, the …

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Take a Chance on Tengah: Will this ‘Forest Town’ Grow on You?

Often deemed “ulu” or “far too west”, nesting at Tengah may not be homeowners’ initial choice. But as Gandalf once said, “all that is gold does not glitter” (or something does not need to shine for it to be valuable), an idiom that very aptly captures the essence of Tengah. While it is a little …

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How high will Singapore’s interest rates go? Understanding the Impacts of Rising Inflation & Interest Rates — PLB Q3 Report

Inflation and Interest rates remain high in Singapore. Currently, Singapore’s Annual Inflation Rate stands at 7.5% in September 2022 (YoY CPI-All Items). Interest Rates have hit 3.89% and fixed home loan rates have reached a high of 3.85%. In addition, the combination of these macroeconomic factors have also pushed the introduction of new cooling measures …

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Marketing & Selling a Niche Asset Class: Novena Medical Suite

Have you ever wondered how the clinics that private specialists operate out of came about? They are definitely not government-sponsored like public hospitals and polyclinics, so who do they belong to?   What are Medical Suites? For the uninitiated, there exists a special class of commercial real estate in Singapore known as Medical Suites that …

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How can Singapore go Low-Carbon and be Climate Resilient? URA Long-Term Plan 2022

Singapore is planning on hitting net-zero by the middle of the century. At COP26, Singapore doubled down on their commitments to deal with climate change on the international stage. This shouldn’t come as a surprise as global leaders get increasingly concerned about the impacts of climate change.  Being an island city, there are plenty of …

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