PROPERTY NEWS

Change in minimum occupation period criteria for Sers replacement flats
BUYERS of replacement Housing Board (HDB) flats under the Selective En bloc Redevelopment Scheme (Sers) will now only be able to sell their units five years from the date of collecting the keys, starting with the Ang Mo Kio Sers site.
The Business Times
Condo, HDB rents continue surge in May but volumes down year on year: SRX, 99.co
According to the latest flash figures from SRX Property and 99.co released on Wednesday (Jun 15), condo rental prices climbed for the 17th consecutive month to gain 2.8 per cent from April 2022, and 18.1 per cent on year.
The Business Times
Condo resale prices grow 0.3% in May; volumes up by 1.6%: 99.co, SRX
In a flash report released on Tuesday (Jun 14), SRX Property and 99.co said growth was led by resale price increases in the outside central region (OCR) and the rest of central region (RCR), where prices rose 0.7 per cent and 0.5 per cent, respectively.
The Business Times
Higher BTO supply leaches demand for HDB resale flats in May; volumes drop 5.1%: SRX, 99.co
THE rise in Housing and Development Board (HDB) resale flat prices faltered as volumes fell in May after gaining ground in the months before.
The Business Times
H2 government land sales programme to have more private housing supply, first sale site in Marina South
Amid a consistently strong demand for private housing, MND is increasing the supply of private housing on the confirmed list to 3,505 units in H2, from 2,785 units in H1, to ensure sufficient supply and to maintain market stability.
The Business Times
Paya Lebar Air Base to be redeveloped into new generation live-work-play space: URA
The URA’s partners, the Singapore Institute of Architects (SIA) and Singapore Institute of Planners (SIP), gathered ideas from the public and proposed ideas and concepts for the PLAB, including self-sufficient and walkable neighbourhoods.
The Business Times