singapore property

Location: Compassvale Bow (District 19) Tenure: 99 years leasehold Year of Completion: 2016 Site Area: approx 197,419 sqft Total Units: 616 in 6 blocks of 15/16/17-storey Unit Types: 1 bedroom ~ 463 - 581 sqft 2 bedroom ~ 689 - 904 sqft 3 bedroom compact ~ 872 - 1,130 sqft 3 bedroom ~ 1,109 - 1,389 sqft 4 bedroom ~ 1,324 - 1,625 sqft 4 dual key ~ 1,356 - 1,647 sqft 5 bedroom ~ 1,636 - 1,701 sqft Penthouse...

Several mixed development projects are expected to be launched for sale in the coming months. Some analysts say home buyers and investors should assess their options carefully as mixed development projects may not necessarily command a premium over pure residential developments. Hillion Residences at Bukit Panjang is one of the mixed development projects in the market. Over three quarters of the...

Private residential property prices in Singapore rose by 0.6 per cent in the first quarter of 2013, compared to the 1.8 per cent price growth recorded in the fourth quarter of 2012. This is according to data released by the Urban Redevelopment Authority (URA) on Friday. Private residential property rentals went up by 0.8 per cent in the first three months of this year, which was marginally higher...

Foreign buyers of Singapore properties have not totally fled the market, despite the higher taxes that they have to pay following tough cooling measures. More are finding it worthwhile to adjust their budgets, just to get their hands on their dream homes. A market flushed with cash and low borrowing rates has made investors all over the world to seek safe havens in Singapore properties in the last...

The tender for a residential site at Sengkang West Way has attracted a total of eight bids. The highest bid of S$262.1 million was submitted by Secure Development, a unit of UOL Group, said the Housing and Development Board (HDB). This translates into about S$489 per square foot per plot ratio. The second highest bid was placed by developer Bayfront Land at S$253.6 million. HDB said the other...

Prices in the resale private property market fell just two per cent in March compared to February, according to data from major property agencies compiled by the Singapore Real Estate Exchange (SRX). But resale volumes in March jumped 87 per cent from February. The drop in resale private home prices was led by those in the suburbs, where resale prices fetched S$1,071 per square foot, 3 per cent lower...

First-time home buyers have been propping up demand in the local property market. They are not affected by the latest cooling measures implemented in January since they belong to the group without a mortgage loan. 24-year-old Travis Ye became a condo owner for the first time in September last year, when his parents put down a 30 per cent downpayment for his S$1.4 million condominium at eCo. That's...

Prices of private resale homes dropped 1.4 per cent in February from January, after rising 0.8 per cent month-on-month in January. This is according to the latest Singapore Residential Price Index (SRPI), which tracks prices of completed private apartments and condominiums. The weaker SRPI data from the Institute of Real Estate Studies at the National University of Singapore (NUS) comes in the wake of...

Since additional property cooling measures kicked in this January, property agents and lawyers have reported a rise in 'decoupling' queries among joint home owners. The process allows one couple to own two properties, without having to pay the higher additional buyer's stamp duty (ABSD) of 7 per cent on a second property. Joint-owners of a property could be a couple, or a group of siblings - and more of...

Many have said the 30 per cent cut in new Housing and Development Board (HDB) flat prices that National Development Minister Khaw Boon Wan pledged recently will be tough to achieve without serious repercussions on the housing market. This is because it is very difficult to reconcile the divergent interests of existing owners with those of new buyers. Existing owners want the highest values, while new...