SHOULD the Government do something about 'Mickey Mouse-size' apartments that are all the rage now? No, said National Development Minister Mah Bow Tan yesterday, reiterating that market forces should continue to determine the prices and sizes of homes that will be developed. He was responding to concerns raised by Dr Amy Khor (Hong Kah GRC) about the proliferation of such small units in...
singapore property
National Development Minister Mah Bow Tan on Monday said the government will not be introducing more measures to cool the market for now. He was responding to Members of Parliament who raised concerns about property prices, during debate over the ministry's budget. Sales of private homes gained momentum in the second half of last year, driving overall prices up by some 1.8 per cent in 2009. Last month,...
Located at Nathan Road, near the exclusive neighbourhood of Bishopgate, Nathan Suites comprises of only 65 exclusive units ranging from 2 to 4 bedroom apartments. 24 storeys high with landscape deck, basement carparks, swimming pool and communal facilities. Designed by internationally acclaimed Japanese architect Jun Mitsui & Associates, Nathan Suites is located just within walking distance...
High-end properties are revisiting the $3,000 psf price range. In the Marina Bay area, the 1,111-unit The Sail @ Marina Bay steals the spotlight once again with six transactions in the week of Jan 26 to Feb 5; four above $2,000 psf while two crossed the $3,000 psf level. While Sentosa Cove and Keppel Bay are abuzz over the opening of Resorts World at Sentosa, excitement is also mounting at Marina Bay as...
Coralis is located within close proximity of Parkway Parade shopping mall. The development is also beside Katong Mall, which is under Perennial Katong Retail Trust. The mall be going to redevelopment works to transform into a lifestyle and Food and beverage hub. Marine Parade is one of the estate identified to be in the future Eastern Region Line Rail Project. Coralis is in close proximity to East Coast...
Recent measures to cool the property market in China, Hong Kong and Singapore are seen as the right moves to temper speculation and rapidly rising prices. Still, industry watchers said that prices will have room to move upwards over the next two years. This is because interest rates in Hong Kong continue to be low, and high-end property prices in Singapore are still below their peak. Private home prices...
Location: 5 Chancery Lane (District 11) Development Type: Cluster Bungalows Tenure: Freehold Year of Completion: 2011 Total Units: 12 Unit Size: 4801-6491sqft (5 / 6 Bedroom) Features: ~ All rooms ensuite ~ Private pool and lift ~ Kitchen fully equipped with Gaggenau appliances ~ Entertainment room ~ 2 private carpark lots Contact us at [email protected] for more...
Location: 76 Shenton Way (District 2) Tenure: 99 years leasehold Year of Completion: 2014 Total Units: 202 (39 storeys) Unit Types: 1 bedroom ~ 592 to 624 sqft 2 bedroom ~ 968 to 975 sqft Facilities - 5th Storey: Landscape Deck - 35m Lap Pool, Lounge Pool 1 with Jacuzzi & Massage Jets, Lounge Pool 2 with Spa Beds & Rain Dance, 2 Spa Suites with Jacuzzi, Palm Court (Outdoor Dining), Outdoor Deck -...
Recently, apartments at the 189-unit The Trumps have increasingly crossed the $800 psf level, even surpassing the 2007 peak of $896 psf. Last August, a high of $975 psf was achieved when a 1,270 sq ft unit on the 16th floor sold for $1.24 million. Located a street away from the Kembangan MRT station, the five-year-old condominium is attractive to families with young children as it is a short drive to good...
The Government has introduced two new measures to cool the property market and pre-empt a bubble from forming in the private homes sector. They come into effect Saturday. The Ministry of National Development said this will help ensure a stable and sustainable property market, and to curtail the HDB resale market where prices tend to track private property movements. From Saturday, it will be more...