Nestled within the lush greenery of Bedok reservoir with a 400-meter frontage to the reservoir park, Archipelago is thoughtfully designed to bring the home into the park and park into the home. A trans-urban development that redefines trendy and modern urban living, its cascading balconies and roof terraces bring the outdoors indoor, and the curvilinear roof forms resonate with the nature. With shopping,...
Home prices in Singapore inched up 0.9 per cent last month from September mainly due to a turnaround in the value of private non-landed residential properties in the central region, according to data from the National University of Singapore (NUS). The Overall NUS Singapore Residential Price Index rose to 167.9 last month from 166.4 in September, when prices fell 0.1 per cent. Excluding small units,...
Prices of private non-landed homes in Singapore resumed their upward trajectory in October, according to figures from the National University of Singapore (NUS). The NUS Singapore Residential Price Index (SRPI) rose 0.9 per cent from the previous month, after a decline of 0.1 per cent in September. SRPI is a transactions-based index that tracks the month-on-month price movements of private non-landed...
Singapore’s property sector may soon face difficult times, as Standard Chartered Bank’s latest report has stated a bearish outlook for the market. According to the bank’s analysts, prices and rents of residential properties in Singapore will drop by 30 percent over the next three years. This will be quite a setback, given that prices rose 18 percent in 2010, as Singapore recovered strongly from the...
Two good-class bungalows (GCBs), one in Tanglin Hill and the other in Victoria Park Road, have been sold for a total of S$105 million. According to The Strait Times, both properties were acquired by Singaporeans. The two-storey Tanglin Hill bungalow was sold for S$57 million (approximately S$1,648 psf). It was completed in 1990 and is located on a 34,579 sq ft site with a built-up area of 8,000 sq...
Property consultants have noted that there has been some opportunistic buying at the top end of the market. Many of those on the hunt are looking for condominium units for their own stay, and therefore prefer completed projects with spacious units. “With the ongoing European debt crisis, and global market uncertainty, people prefer not to flash their wealth and adopt a more conservative outlook,” says...
More Malaysians are looking to invest abroad, with Singapore as a hot property destination, according to Malaysia’s leading property portal, HomeGuru, in its latest quarterly consumer sentiment survey. 24 percent of the over 2,800 respondents expressed interest in investing overseas, with Singapore, Australia, the UK, India and Indonesia as the top five preferred destinations. Meanwhile, more property...
Once again, property developer SC Global Developments has set a new record price at The Marq on Paterson Hill, selling a 3,003 sq ft, four-bedroom apartment in the Premier Tower for about S$20.5 million (S$6,850 psf). This surpassed the previous record set in August for S$6,394 psf, which in turn topped the May record of S$5,842 psf. Comprising two 24-storey towers with a total of 66 units, the Marq is a...
Nearly 57 percent of home buyers in Singapore believe the government is either on track or will likely exceed expectations to cool the public housing market in five years. This includes 19.9 per cent who feel prices will stabilise over the next one to two years. And another nearly 37 per cent who feel three to five years is a fair assessment for public housing prices to stabilise. The poll was conducted...
The housing market in Singapore is heading for a prolonged downturn and overall private home prices are forecast to fall between 22 and 26 per cent in the next three years, Daiwa Research said. "We believe the residential property market could remain depressed for several years, triggered initially by a likely forthcoming gross domestic product slowdown (in 2012) and lingering global economic uncertainty,"...
Compare listings
Compare