https://www.newlaunchcentral.sg/projects

New Launch Central Singapore, 450 Lor 6 Toa Payoh, Hersing Centre, Singapore (2026)

13/01/2023

SINGAPORE - More private residences are expected to be put up for auction by banks and distressed owners this year should the economy slow further and higher mortgage rates start to hurt more home owners, said property experts.

A jump in the number of distressed property sales is likely to kick in during the second half of the year, said one expert. Read more at straitstimes.com.

14/12/2022

THE number of condominium resale units changing hands continued to fall in November, after registering a sharp decrease the month before, according to flash figures from SRX and 99.co on Tuesday (Dec 13).

This came as high interest rates and cooling measures weighed on buyer demand, particularly price-sensitive Housing & Development Board (HDB) upgraders, property analysts said.

https://www.businesstimes.com.sg/property/condo-resale-volumes-continue-decline-november-prices-11-srx-99co

THE number of condominium resale units changing hands continued to fall in November, after registering a sharp decrease the month before, according to flash figures from SRX and 99.co on Tuesday (Dec 13). Read more at The Business Times.

30/11/2022

SINGAPORE – Punggol is set to get a new office and retail development at a field next to Punggol MRT station in future.

According to a proposed masterplan amendment published by the Urban Redevelopment Authority (URA) on Oct 21, about half the field, which is a reserve site, will be rezoned for commercial use.

While some residents are in favour of the move, others fear this will make the area more congested. Read more at straitstimes.com.

06/10/2022

2021 was a sterling year for the landed homes market as it recorded the highest sales volume since 2010 with more than 3,000 transactions. The sales momentum was mainly driven by the pandemic, which drove the need for bigger living spaces.

The 6 districts with the highest sales volume were Districts 10 (Bukit Timah, Holland Road), 15 (Katong, Siglap), 16 (Bedok, Upper Changi), 19 (Hougang, Serangoon Garden), 20 (Ang Mo Kio, Upper Thomson) and 28 (Seletar, Yio Chu Kang).

2021 was a sterling year for the landed homes market as it recorded the highest sales volume since 2010 with more than 3,000 transactions. The sales momentum was mainly driven by the pandemic, which drove the need for bigger living spaces. Read more at The Business Times.

06/10/2022

IN Singapore, a first-time home-owning couple with a new four-room Housing Development Board (HDB) flat in a non-mature estate would have a median home price to median household income ratio of four times.

IN Singapore, a first-time home-owning couple with a new four-room Housing Development Board (HDB) flat in a non-mature estate would have a median home price to median household income ratio of four times. Read more at The Business Times.

19/09/2022

SINGAPORE - A Pasir Ris Park carpark is set to be carved out for public housing as part of a 2.9ha parcel, with another 1.7ha plot next to it slated to be developed for the same purpose.

URA published an approved amendment to its 2019 masterplan, in which plot ratios were assigned to the two parcels. Read more at straitstimes.com.

12/09/2022

LOCAL lenders , and have welcomed new customers as depositors sought to take advantage of improved interest rates, demonstrating a significant sensitivity to rate hikes that matches a poll conducted last week by The Business Times (BT).

In response to queries from BT, OCBC said it saw a 50 per cent increase in 360 accounts opened daily between Aug 30 and Sep 6 – compared with the average number of accounts opened daily in August.

LOCAL lenders DBS, OCBC and UOB have welcomed new customers as depositors sought to take advantage of improved interest rates, demonstrating a significant sensitivity to rate hikes that matches a poll conducted last week by The Business Times (BT). Read more at The Business Times.

12/09/2022

SINGAPORE - More young Singaporeans, compared with older age groups, are considering renting and flat sharing as they find current property prices too high.

Even then, most still intend to buy a home within the next two years, a consumer sentiment study released by real estate portal PropertyGuru last week showed.

Respondents aged 22 to 29 find that current property prices are too high, but most of them still intend to buy a home. Read more at straitstimes.com.

24/08/2022

AS SINGAPORE’S core inflation rose to a 13-year high of 4.8 per cent in July, official expectations for when price increases will start to ease have been pushed back later in 2022, even as full-year forecast ranges were left unchanged.

The July figure was a hair above economists’ expectations of 4.7 per cent in a Bloomberg poll, and up from 4.4 per cent in June, according to Department of Statistics consumer price index (CPI) figures on Tuesday (Aug 23).

AS SINGAPORE’S core inflation rose to a 13-year high of 4.8 per cent in July, official expectations for when price increases will start to ease have been pushed back later in 2022, even as full-year forecast ranges were left unchanged. Read more at The Business Times.

24/08/2022

A FREEHOLD residential redevelopment site at 30 Bukit Batok East Avenue 6 is up for sale via a public tender exercise at a guide price of S$42 million, said sole marketing agent SRI on Tuesday (Aug 23).

A FREEHOLD residential redevelopment site at 30 Bukit Batok East Avenue 6 is up for sale via a public tender exercise at a guide price of S$42 million, said sole marketing agent SRI on Tuesday (Aug 23). Read more at The Business Times.

16/08/2022

NEW private home sales rose month on month in July, according to data released by the Urban Redevelopment Authority (URA) on Monday (Aug 15).

Developers sold a total of 834 units excluding executive condominiums (ECs), while 402 units were launched. These was up from 488 units sold and 397 units launched in June.

NEW private home sales rose month on month in July, according to data released by the Urban Redevelopment Authority (URA) on Monday (Aug 15). Read more at The Business Times.

14/08/2022

SINGAPORE - Rental prices for Housing Board flats and private apartments continued to rise last month, with analysts noting that the trend will continue as completed housing projects are unable to catch up with demand.

Analysts expect the trend to continue as completed housing projects are unable to catch up with demand. Read more at straitstimes.com.

New Launch Central Singapore

13/01/2023

14/12/2022

30/11/2022

06/10/2022

06/10/2022

19/09/2022

12/09/2022

12/09/2022

24/08/2022

24/08/2022

16/08/2022

14/08/2022

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