Interbank lending rates have fallen to all-time lows here and market watchers have raised concerns that cheap lending may lead to over-heating in the property sector. Responding to media queries at a Ministry of Trade and Industry briefing yesterday, Monetary Authority of Singapore (MAS) deputy managing director Ong Chong Tee said the fall in Sibor rates partly reflects market expectations of a stronger...
singapore property
Set against a serene backdrop of luscious greenery is one of Singapore’s latest luxury residential developments, Link Residence @ Holland is a cluster of uniquely designed bungalows aimed at providing a cosy respite from fast-paced urban life. Situated along Greenleaf Road, the Link Residence @ Holland estate lies close to Sixth Avenue, Holland Village and the Orchard Road shopping belt. A perfect...
Living in exclusive Bukit Timah bespeaks a privileged lifestyle. A style of fine dining, excellent recreational facilities at country clubs, lush greenery surroundings, top schools and ease of accessibility. Located on Dunearn road, Suites De Laurel offers you a chance to live this affluent way of life complete where you can find solace and repose after a hard day's work. Location: Jalan Anak Bukit...
Maplewoods may be 13 years old but the 697- unit freehold condominium located along Bukit Timah Road has seen a resurgence of interest from home buyers. Prices have seen strong support at the $1,000 psf level since the start of the year. For the first time since January 2008, prices crossed the $1,200 psf level when a 1,410 sq ft unit on the fifth floor of one of the five blocks changed hands for $1.69...
Property consultant CB Richard Ellis (CBRE) says last year's total transaction value of new homes in Singapore was just 69 per cent of that in 2007. Based on caveats lodged for the full 12 months of last year, 2009 logged a total transaction value of S$16.22 billion. That's lower than the total value of new home sales for the whole of 2007, which came in at S$23.52 billion. CBRE says the lower...
As tender bids heat up here, many small-sized property developers are seeing themselves priced out by big players and foreign firms. This has made it more difficult for these smaller developers to get their hands on land for development - a situation that could put their businesses at risk, and things do not improve. Bid prices and the number of bidders escalated to record highs in the latest tender...
Location: 460 – 480 Siglap Road (District 15) Tenure: Freehold Year of Completion: 2015 Site Area: 335,418 sqft Total Units: 393 Unit Types: 1 bedroom - 517 to 678 sqft 2 bedroom - 786 to 1,001 sqft 3 bedroom - 1,173 to 2,228 sqft 4 bedroom - 2,573 to 2,960 sqft Contact us at [email protected] with the following for more information: Flamingo Valley / Name / Contact # / Unit Type...
Since October last year, transaction prices of apartments at the 646-unit Icon near the Tanjong Pagar MRT station have increasingly crossed the $1,700 psf level. Most recently, one unit went for $1,828 psf. Last October, a unit breached the $2,000 psf level for the first time since June 2008 — in that transaction, a 1,001 sq ft unit on the 44th floor changed hands for $2.2 million, or $2,206 psf. The...
Demand for landed homes in Singapore is expected to remain firm this year. Analysts said the number of sales transactions is likely to surpass the 2,892 units sold last year. Over 1,500 landed homes, excluding good class bungalows, changed hands in the first quarter of this year alone. They were worth about S$3.2 billion, compared with S$5.2 billion for the whole of 2009. The debt crisis in Greece has...
Location: Leonie Hill Road (District 9) Tenure: 99 years leasehold Year of Completion: 2015 Site Area: 130,981 sqft Total Units: 462 Unit Types: 1 bedroom ~ 549 - 571 sqft 2 bedroom ~ 1055 sqft 3 bedroom ~ 1399 - 1895 sqft Facilities: - 35m Lap Pool - Pavilion Garden with Cabanas - Children’s pool - Steam rooms - Jacuzzi/Spa Pool - Laundry Rooms - Library/Lounge - Sky Gyms - Sky Loggias -...