Sky Green is a freehold development located at Macpherson Road, within minutes walk to Tai Seng MRT Station. It is near the upcoming Paya Lebar Central - a commercial business hub. Sky Green is also within walking distance to the stretch of restaurants located along Macpherson Road. Residents can head down to the nearby Circuit Road Market and Food Centre to purchase daily necessities. Good schools such...
real-estate
The government is unlikely to impose new cooling measures in the immediate term, taking into consideration the current economic conditions and the effectiveness of the previous policies, according to Png Poh Soon, Head of Research at Knight Frank Singapore. His comments come after the Urban Redevelopment Authority (URA) released its flash estimates for Q3 2012 which shows that private home prices...
Strong housing demand and a buoyant resale market have pushed up the resale prices of public housing flats by 2 per cent in the third quarter of 2012 over the second quarter. The Housing and Development Board (HDB) said on Monday that its flash estimate of the 3rd Quarter 2012 Resale Price Index (RPI) stood at 197.9. This was the sharpest increase so far this year for the RPI, which tracks the general...
Prices of resale private homes edged up 1 per cent in August, reversing a 0.6 per cent drop in July. This is according to the Singapore Residential Price Index (SRPI) flash estimates published by the Institute of Real Estate Studies at National University of Singapore. The August statistics show that resale private property prices across the island continued to advance in August over the previous...
Industrial real estate investment trusts (REITs) remain attractive investments, OCBC Investment Research said yesterday as it kept its "overweight" call, citing their healthy debt maturity profiles, increased investment activity and high yields. In OCBC's research update, analysts Kevin Tan and Eli Lee said that industrial landlords continued to be very engaged in their capital management...
China has sufficient land supply for residential projects and there are no signs of the market overheating, the Shanghai Securities News reported yesterday, citing an unnamed official from the Ministry of Land and Resources. While the pace of land transactions has picked up in the last two months, the base prices and premiums have been in line with general trends, said the official. In last month and...
The Urban Redevelopment Authority's (URA) Price Index for industrial properties is expected to register an increase of about eight per cent in the third quarter. This is according to analysts ahead of flash estimates to be released by the URA on Monday. While price increases are set to moderate, there are concerns that the uptrend in industrial property prices may spur policy changes to cool the...
Singaporean buyers of luxury homes so far this year have surpassed the total number of similar transactions recorded for the entire 2011, according to The Business Times. A report by DTZ revealed that 46 luxury homes were acquired by Singaporeans year-to-date, exceeding only 40 units last year. The growth was mainly credited to robust numbers in Q2, wherein 31 high-end homes were sold to Singaporeans,...
The Council for Estate Agencies (CEA) is watching over the rise of so-called “rental coordinators”, who perform similar functions to legitimate property agents, according to Straits Times. Property firms typically attract individuals who want to work as rental coordinators by offering attractive commission earnings of up to S$10,000 a month. The CEA has observed that in recent months, there have been...
To provide developers and home-buyers with more choices for private housing, the Housing & Development Board (HDB) and Urban Redevelopment Authority (URA) are releasing two Executive Condominium (EC) sites and a residential site for sale in September 2012. The two EC sites at Sengkang West Way / Fernvale Link and Pasir Ris Drive 3 / Pasir Ris Rise are launched for sale under the Confirmed List today....