The latest cooling measures will put a dampener on residential collective sales, which have been driving big-ticket property transactions since the second quarter of last year. Given the volume of money in the global system in search of investible assets, investor attention may turn towards the industrial and commercial sectors, where regulations on the purchase and sale of properties are not as onerous...
Another development cycle has passed and all the metrics show Singapore's office market is on another upward cycle. Historically, the Singapore Grade A office market runs on a two-to-three year range rental cycle. This is very much to do with the short-run economic cycles and the tight control by the Singapore government over office land sales. But there are signs that this trend could be a thing of the...
The tender for Horizon Towers - the first major en bloc exercise to close after July's property cooling measures - ended on Wednesday without a single bid. While strong interest was not expected given the tough measures introduced on July 6, the absence of any bids from developers added to the disquiet in the en bloc market, especially big estates eyeing billion-dollar tabs. Horizon Towers' marketing...
Given the recent cooling measures affecting residential property purchases in Singapore, some investors could turn to alternative real estate investment classes such as industrial properties. This segment has opportunities, areas of growth, as well as challenges. Location is also a very important consideration. One area in Singapore that is attracting the attention of investors and industrialists is...
The lacklustre rental market for both private and HDB properties dragged on for another month, going by data from real estate portal SRX on Wednesday. Rents for condominiums and private apartments in August dipped by 0.1 per cent from July, after being unchanged since May. This brings private rents back to year-ago levels, that is August 2017. Private property rents are also now down by 19.1 per cent...
Resale prices of private non-landed homes fell last month, ending a 12-month climb to record highs, after the latest property cooling measures came in effect in July. Resale prices of condominiums and private apartments dropped by 0.2 per cent in August from the previous month, real estate portal SRX Property's flash estimates released on Tuesday showed. Compared to August 2017, resale prices are up...
Real estate agency HSR International Realtors has been fined S$12,500 over its agents' failure to properly advise investors of the risks involved in purchasing properties in Bangkok. For breaching the Council for Estate Agencies’ (CEA) Practice Guidelines, the agency was also barred from marketing or selling foreign properties for six months, starting Sep 10, CEA said in a media release on Tuesday...
In what is a record for asking price of collective sale sites, residents at the Pandan Valley condominium have agreed on a reserve price of S$2.6 billion in another collective sale attempt. Analysts said the 623-unit development’s price tag — set during Saturday’s (Sept 8) second Extraordinary General Meeting (EOGM) which TODAY attended — sets a “new benchmark” in the asking price of...
East Court is the latest development to launch for collective sale on Sept 10. The owners have set a minimum price of $19 million. This will be East Court's first collective sale attempt, says marketing agent OrangeTee & Tie. The eight-unit, freehold apartment development on Koon Seng Road in district 15 sits on a 13,351 sq ft plot that is zoned for residential use, and has a gross plot ratio of 1.4....
The weekend preview of JadeScape, Qingjian Realty’s latest residential project, drew a crowd of 9,000 people to its sales gallery over the two days from Sept 8 to 9. The 22,000 sq ft sales gallery located in Bishan features JadeScape’s smart home and smart estate management features as well as its “Gold Standard” elderly-friendly units that is ideal for multi-generational residential...
Compare listings
Compare