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Will the new HDB resale listing portal really cut out agents? - Vimarsana News

Will the new HDB resale listing portal really cut out agents?

In fact, I'd want it to be bigger and have all the listings. Far from a threat of being "cut out", the resale portal can actually make life easier for agents in many ways; and if HDB is cutting out unrealistic prices, that probably helps to temper expectations too. At the very least, it might bring an end to property...

Does this mean cheaper new-launch condos soon? - Vimarsana News

Does this mean cheaper new-launch condos soon?

I think now we can be sure the rejected bid for Marina Gardens Crescent wasn't an isolated event. I'm talking about the one lonely bid that was made for a prime central site, which got turned down for being too low. And to reinforce that it wasn't a fluke, we're now seeing the same weak bids in River Valley and...

Will new upfront property agent fees scare homebuyers away? - Vimarsana News

Will new upfront property agent fees scare homebuyers away?

We have the solution to the co-broking problem (because hopeless optimism is still a kind of solution). 16 property agencies have signed a Memorandum of Understanding, on how to resolve co-broking disputes. If you’re not sure why this is a big issue, let’s put it this way: By convention (and not by law), buyers in Singapore generally don’t pay their...

Why are there so many million dollar HDB flats still? - Vimarsana News

Why are there so many million dollar HDB flats still?

Well, they did say National Day is a time to reflect on what makes us Singaporean; and at this point, million-dollar flats are on par with chicken rice, children thinking the national anthem is called "Mari Kita," and National Service. At 54 transactions, it's the highest number of million-dollar flats we've seen in any single month; and the crowning gem...