Minister for National Development Mr Khaw Boon Wan said on Monday that he would not hesitate to intervene in shoe-box unit market should there be clear evidence of unsustainable investor demand. Mr Khaw added that the Ministry of National Development (MND) is watching the situation closely. He however cautioned that it would be hard to intervene at present as the market for shoe-box units in the...
singapore property
V on Shenton, a brand new development located at FiVe Shenton Way - an address with a glorious legacy. This new project is being built on the former UIC Building site which once dominated the city skyline as Singapore’s tallest building for many years since its completion in 1973. V on Shenton is within walking distance to the various amenities such as Tanjong Pagar and Raffles Place MRT stations,...
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...
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:...
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:...
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...
Located along River Valley Road, Stellar RV is an interesting, modern iconic deisgned project that is set to stand out among other property developments along River Valley Road. Conveniently located opposite various excellent eateries and cafes, Stellar RV is also just a short drive away to Orchard Road and the Central Business District. Location: 408 River Valley Road (District 9) Tenure: Freehold Year...
Approximately 325 new private homes were sold over the past week, amid property launches and rock bottom interest rates. 67 units were sold at Far East Organization’s 338-unit SeaHill in West Coast Link, taking total sales to 185 units since it was launched last month. Homes at the 99-year leasehold project were sold for an average of S$1,329 psf. Far East also saw 34 more units taken up at the Hillsta...
The total value of new non-landed homes sold decreased by 21.7 per cent in 2011 compared to 2010 though the number of units sold dropped only 2.3 per cent, according to real estate consultancy CBRE. 13,611 caveats for non-landed homes amounting to some S$16.6 billion were lodged last year, compared to 13,933 caveats worth S$21.2 billion in 2010. CBRE attributes this to the robust sale of shoebox units....