Eight (8) River Suites at Bendeemer (Whampoa East) is set to be the “jewel” in the city skyline. Nestled at the city fringe, prestigious schools, world class shopping, gastronomic delights and vibrant entertainment are just minutes away. Eight (8) River Suites is connected to the rest of Singapore with Boon Keng MRT station within minutes walk away and the major expressways (CTE, PIE & KPE) all...
General
Property owners who are worried that the return on their residential investment properties might have taken a tumble can afford to relax as rental yields held their ground last month. This is mainly due to falling prices in the city centre and city fringe region and sustained rental demand. Data from the Singapore Real Estate Exchange (SRX) found that overall yields for private non-landed homes was 4.06...
Bartley Residences, a home nested on a gentle sloping ground cushioned in lush surroundings yet pampered by modern comforts. Located at the doorstep of Bartley MRT station, Bartley Residences is linked to a myriad of different lifestyle conveniences and essentials. Location: Lorong How Sun (District 19) Tenure: 99 years leasehold Year of Completion: 2015 Site Area: approx 237,822 sqft Total Units:...
The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the residential site at Farrer Drive for sale by public tender. The land parcel was made available for sale through the Reserve List system on 16 April 2012. URA received an application from a developer for the site to be put up for public tender. The developer committed to bid at a price...
Private home buying interest has remained significant despite the Government imposing five rounds of market cooling measures in the past two-and-a-half years, with sales of suburban condominiums remaining buoyant even as prices scale new heights. The proliferation of shoebox apartments has also meant that more are able to embark upon their personal quest for a dream property. Indeed, the surge in supply...
1919 is a boutique residential development nested amidst the stylish yet tranquil Mount Sophia neighbourhood. It combines the distinctiveness of Singapore's iconic architecture style with the latest trend in interior design. A contemporary yet classic home, 1919 will remain timeless in its charm, form and function. Location: 110 Sophia Road (District 9) Tenure: Freehold Year of Completion: 2015 Site Area:...
Capital flight from emerging economies to safe haven destinations have caused prime property values to shoot up in the West. Prime property values in London for instance, are now around 3,000 pounds per square foot - levels seen before the 2008 financial crisis. And the sentiment on London's properties hardly moved even as the government raised stamp duties on luxury homes. Fancy living in the same...
In a statement, the Housing & Development Board (HDB) said the tender for the executive condominium (EC) site located at Tampines Central 7 / Tampines Avenue 7 / Tampines Avenue 9 has attracted a total of six bids. The top bid of S$233.5 million for the 99-year leasehold site is jointly placed by Singxpress Property Development, Creative Investments and Kay Lim Realty. Spanning some 20,750 square...
Sluggish demand for high-end homes has lowered developers’ profits of late. If this trend continues, the luxury market could eventually hit rock-bottom in the days to come. With prices of luxury homes expected to fall by 15 percent this year, foreign demand is expected to dry up due to tightening measures and economic uncertainties. Early on, property developers are feeling the pinch over this...
Following a series of complaints regarding unprofessional conduct, the Council for Estate Agencies is clamping down on aggressive and questionable marketing strategies used by some property agencies. According to the Straits Times, the CEA recently called on agency bosses to remind them of the proper implementation of existing laws. For one, the CEA reiterated that setting up tents and other structures by...