Singapore’s commercial real estate market saw notable sales activity across three distinct asset classes this week: a hotel property, a landmark B1 industrial building, and conserved shophouses. On Feb 24, the GoStay Hotel at 12 Lorong 12 Geylang was back on the market at a revised guide price of $110 million. The 184-room hotel was […] The post Three Very Different Singapore Properties Just Hit The Market — And One Is A $1B En Bloc first appeared on TheFinance.sg.

ComfortDelGro has submitted the top bid of $38 million to develop a new multi-storey driving centre on Lorong Bistari in Chua Chu Kang. This will be the first Next-Generation Driving Centre that will cater to all vehicle classes. The only other bidder was Bukit Batok Driving Centre, an affiliate of Japanese automotive conglomerate Honda, who […] The post Singapore Could Soon Have A Multi-Storey Driving Centre — Here’s Where It May Be Built first appeared on TheFinance.sg.

You’ve probably heard of a 99-1 property ownership arrangement, but how about owning a one-seventh stake of a sprawling bungalow in prime District 9? This unusual sale is the result of a court-ordered receiver’s sale. What makes this even more tantalising is the type of property this partial sale involves. The property is 5 Oxley […] The post You Can Now Buy Part Of A $300M Singapore Bungalow — But You Can’t Live In It first appeared on TheFinance.sg.

Serenity Park, a freehold condominium on Tamarind Road, has been launched for collective sale at an asking price around $505 million. The 179-unit development sits on a 248,173 sq ft off Yio Chu Kang Road in District 28. The asking price translates to about $1,453 psf per plot ratio (psf ppr). The existing development comprises […] The post Will the Freehold Serenity Park’s $505M Collective Sale Succeed in Enticing Developers? first appeared on TheFinance.sg.

Hi Stacked Homes, My husband and I are in our mid-40s, and this is most likely the last private property purchase we can make. We recently sold our three-bedroom EC and made a good cash profit. We are now looking for our next property. The question we’re struggling with is whether, given today’s sky-high prices, […] The post We Sold Our EC And Have $2.6M For Our Next Home: Should We Buy A New Condo Or Resale? first appeared on TheFinance.sg.

Freehold condominiums are often considered legacy homes and price-resilient assets, given their tenure and desirability. As a result, properties with freehold tenure tend to get touted as ‘safe’ real estate and tend to be the property of choice for many Singaporean homeowners and investors. It just seems intuitive that without the limit of a 99-year […] The post These Freehold Condos Barely Made Money After Nearly 10 Years — Here’s What Went Wrong first appeared on TheFinance.sg.

Earlier this month, Ministry of Finance published an Occasional Paper “Income Growth, Inequality, and Social Mobility Trends in Singapore”. This paper reivew trends in income growth, inequality, and social mobility in Singapore. It also outlines theGovernment’s approach and policies to sustain a fair and inclusive society. This is an update of an earlier paper published […] The post Are We Holding Too Much Home Equity? first appeared on TheFinance.sg.

Thinking of buying a home with a friend in Singapore? For many singles, home ownership can feel like a waiting game. You may be earning well, ready to move out, and frustrated by rising rents, yet not keen, or eligible, to buy alone. That’s why buying a property with a friend has become an increasingly […] The post Buying a Home With a Friend in Singapore As Co-Owners first appeared on TheFinance.sg.

With private condos being much pricier after COVID, it’s reasonable that some families are turning to 5-room flats instead. But contrary to coffee shop talk, not every 5-room flat costs “nearly a million dollars or more” today. Even if you were to pick a 5-room flat near an MRT station, there are still affordable options […] The post Here Are The Cheapest 5-Room HDB Flats Near An MRT You Can Still Buy From $550K first appeared on TheFinance.sg.