Residential property

The ceiling will be raised to S$18,000 for ECs and to S$16,000 for HDB BTO flats

The development could lead to increased insurance premiums and depressed house prices

Contract signings for existing homes are down 2.3% on the month to the lowest level since January

But mismatched price expectations and project viability continue to shape outcomes, say market watchers

The most red ink spilled in a single transaction during the quarter is S$2.1 million

The town of Atherton is seeing resurgent real estate demand; it has already recorded five property sales of at least US$30 million this year

The property market has been held back in recent months by elevated borrowing costs

The estate’s collective sale bid remains short of mandate ahead of Sep 20 deadline

Property players say move is a ‘long time coming’ though it may not necessarily translate to more sites being sold