Singapore's property market-cooling measures appear to have succeeded in tempering demand. Urban Redevelopment Authority (URA) data on Friday showed that 911 private homes were sold in September, a 27% on-month drop from the 1,248 units sold in August. The 911 units sold were also the second lowest monthly sales this year, behind June's figure of 847 units. The drop follows Singapore government's latest...
singapore property
With Beijing acting to cool red-hot domestic market, sellers here could benefit from influx of Chinese buyers Within days of Beijing announcing new measures to cool the overheated property market, thousands of people have been flocking to housing shows in big and small cities across China. Strong enthusiasm was seen in the property shows in Shenzhen, Shanghai and Nanning, though sales were lower compared...
SC Global have sold a penthouse at The Boulevard Residence recently for $30 million or $4,242 per square foot. This is the highest transaction in absolute price quantum in the development. In unit price terms, too, the $4,242 psf achieved for the most recent transaction is the highest at The Boulevard Residence, surpassing the $3,933 psf that a three-bedroom standard apartment of 2,034 sq ft sold for...
The latest property cooling measures in Hong Kong may prompt more mainland Chinese buyers to turn to Singapore as a destination for property investments. Market experts said this may in turn cause property prices here to escalate higher and it could even spur another round of cooling measures. Colin Tan, who is Head of Research & Consultancy at Chesterton Suntec International, said: "Every time...
Property developer Far East Organization has announced that it sold 76 units, including a bulk deal, at a preview of The Lanai project which began on October 9. Located in the Hillview area, the 10-storey development comprises 214 units in six towers. The project includes a mix of two-, three-, and four-bedroom units with sizes starting from 947 sq ft. The developer released three towers with a total of...
Lately, there has been a surge in transactions at The Calrose and Seasons Park along Yio Chu Kang Road. The reason? Property agents like Benjamin Tan of C&H Group note that upgraders see value in the competitively priced condominiums, which are located in a good neighbourhhod. The Yio Chu Kang/Ang Mo Kio area has become an attractive residential enclave as it is just a few bus stops away from the Yio...
Many Singaporeans aspire towards real estate ownership. High-rise living, whether in private condominiums or HDB estates, is the norm in Singapore, with more than 90 per cent of people housed in this manner. Residents may enjoy better views and ventilation. For those living in condominiums, they may also enjoy the benefit of common facilities and security. On the other hand, many diehards value landed...
Location: 38 Trevose Crescent (District 11) -- map Tenure: Freehold Year of Completion: 2015 Site Area: approx 178,995 sqft Total Units: 150 Unit Types: 1+1 ~ 689 to 904 sqft 2 bedroom ~ 1,044 to 1,453 sqft 3 bedroom ~ 1,475 to 1,981 sqft 3+1 ~ 1,744 to 2,077 sqft 4 bedroom ~ 1,959 to 2,508 sqft 4 bedroom penthouse ~ 2,669 to 3,165 sqft 5 bedroom penthouse ~ 3,541 to 3,563 sqft Facilities: Guard House,...
A home at Sage places you in the heart of one of the most prestigious precincts in town. While the myriad enticements and conveniences of the city may only be a short drive away, you'll just feel as if you're in your own personal oasis, one surrounded by verdant expanses of greenery, and graced with an atmosphere that calms and soothes in an extraordinary fashion. Location: Nassim Road (District 10)...
The measures announced at the end of August to cool the property market are starting to have an effect, even as prices of both public and private housing hit new highs in the third quarter. Preliminary estimates released on Friday by the Urban Redevelopment Authority (URA) showed private home prices rose by 3.1 per cent in the third quarter to push its index to a high of 190, but the gain was down from a...