Finding Houses in Singapore

Telegram is gaining popularity and is a good way of getting news right away.  Here are some useful telegram channels about the property news/scene that might help you in your purchase of your next house. 1.  SingaporeHDB - HDB's official telegram channel to push HDB related news and announcement to you real time.  2. Ku Swee Yong Telegram channel - Telegram by well known Property advisor who shares his views and outlook of the property scene. Good to hear his views and what to look out for before you make the next purchase.  3. Propnex Property News Broadcast - This is the telegram channel by Propnex that pushes daily property news to you. 4. The Business Times - This is the official Business Times Telegram channel that will share business times news to you. However you have to be a subscriber to read some of the premium news. 

 Here are some of the links that are useful and can be bookmarked: 1. Developers Sales  - this website shows all the new launch condos that are on sale right now. You can see the price lists as well as the virtual 360 degrees view of the condo without being at the showroom. Floor plans and details of the condo are also available there.  2. URA Private property transactions - this website shows all the transactions by a particular condo. You can roughly gauge the price to buy or sell from the prices listed here.  3. Edge Prop - from this website, you can check out the price trends of a particular condo, whether it is going up or down. You can also see the profitable/unprofitable transactions which would be important should you buy the condo for investment. You can also see the rental transactions in the condo and rent in nearby properties which might be your competitors.  4. SquareFoot - you can also find the price trends and transaction details of a condo here, as well as follow the

 Recently, The Business Times published this chart on 16 March 2020 comparing the affordability of different types of housing over the years.  Source: https://www.businesstimes.com.sg/real-estate/in-a-covid-year-new-condos-price-income-ratio-widens  Affordability is calculated based on the property median prices for each of the property types, divided by median annual household income. On the left is the implied number of years one household have to save to buy a 1000 sq property. From this chart you can see that the prices of new sales/launches of non-landed private have been going up steadily, it is the steepest of all.  On the other hand the prices of resale non-private have been going up my a small margin of 0.1 from 2019 to 2020. For prices of resale HDB, it has also went up from 2019-2020.  What does this article tell us? It gives a overview on the disparity of prices between new launch non-landed private as well as resale non-landed private. This is important if you are looking