Emil Chau also buys one as showbiz stars dip into S'pore property market Hong Kong movie superstar Jackie Chan and his good friend singer/songwriter Emil Chau, who were in town recently for last Sunday's Thong Chai Charity Night, also picked up some properties in Singapore. The duo bought four apartments at Lippo Group's freehold Centennia Suites worth over $10 million last week. The four units are on...
singapore property
77% of total sales of $4.4b came from private market THE investment sales market strengthened further in the first quarter of 2010, as robust sales of residential government land sale (GLS) sites showed developers' hunger for land. Total investment sales came up to $4.41 billion in the first quarter, 16 times more than the paltry $273.83 million in Q1 last year, a CB Richard Ellis report said...
The Real Estate Developers' Association of Singapore (REDAS) hopes that there will be fewer interventions in the private property market. Its president, Simon Cheong, said this would give a freer hand to market forces. Speaking at the launch of the National University of Singapore's national Residential Price Index, Mr Cheong said the recent measures to cool the market did not deter genuine home buyers...
Property consultancy CB Richard Ellis (CBRE) on Wednesday said activity in the real estate investment sales market has started to strengthen with the recovery of the Singapore economy. In the first three months of the year, sales of residential Government Land Sale sites have come up to nearly S$935 million. Activity in the commercial sector, as well as the industrial sector, also picked up. CBRE said...
There is a new price index to provide information on the state of the residential market in Singapore. The index was developed by the National University of Singapore's Institute of Real Estate Studies and is the first such index by an academic institution here. The Singapore Residential Price Index, or SRPI, which tracks month-on-month price movements, will provide a resource for the development of...
Survey shows 70% believe this is a good year to invest in property against 68% who favour equities PROPERTY investments still take pride of place in high-net-worth (HNW) individuals' portfolios, accounting for a third of investments, a survey by Knight Frank and Citi Private Bank has found. But only 13 per cent of wealthy respondents said they were planning to buy a new primary residence this year....
Hong Kong and Singapore jumped from the bottom five to the top five of an annual list measuring the rise in luxury home prices. This was according to the latest figures from property consultants Knight Frank International for 2009. The firm said that this reflects the attraction of prime residential property, where demand tends to improve as prices dip. Overall, luxury home prices in the Asia Pacific...
A 99-year leasehold condominium The Vision, in the quiet suburbs of West Coast Crescent, was launched recently at an eye-popping price of around $1,000 to $1,200 per sq ft (psf). Nevertheless, at least 160 buyers put down money for the mass market homes that come with branded goods and quality finishes, said the developer Cheung Kong (Holdings). That set the benchmark price for the area. And this will...
BUYERS are said to be already showing interest in a condominium project in the Central Business District, although the preview will not be until next Thursday. Property agents have apparently collected cheques from buyers for the 99-year leasehold development in Shenton Way, according to sources. Pre-marketing is common these days, with agents busy drumming up interest before the preview, so some buyers...
Nestled within tranquil surroundings, yet situated at the edge of bustling activity, Mt Sinai Residences features 8 premier strata bungalows that stand testament to the height of contemporary design. The latest development to inspire our urban landscape, Mt Sinai Residences is an exclusive strata bungalow development in prime district 10, making it the perfect address, for the perfect home. Situated in...