Regency Park may be 19 years old, but the 292-unit condominium has recently been on the radar of property investors. On Nov 20, three caveats were lodged for its units, with average prices ranging from $1,584 to $1,727 psf. Alexz Wan, an associate with Propmax Real Estate and a property marketing agent who specialises in the project, says investors are betting that new launches in the neighbourhood will...
singapore property
It has been a roller coaster ride for the Singapore property market this year, dipping in the first quarter before registering a sharp rebound. Market watchers have said housing prices will continue to rise next year, spurred by a recovering economy and the opening of the integrated resorts (IRs). The robust turnaround in the property sector was something no one would have predicted. Singapore entered...
Property deals in the Singapore market just got bigger in the final quarter of this year, according to global property adviser DTZ Research. The value of property transactions in the fourth quarter are larger compared to the trend of small deals in the first three quarters of 2009. Eight transactions above S$100 million each accounted for 77 per cent of total transaction value in the fourth quarter,...
Location: 65 Cavenagh Road (District 9) Tenure: Freehold Site Area: approx 101,193 sqft Year of Completion: 2014 Total Units: 200 Unit Types: Studio ~ 581 - 754 sqft 2 bedroom ~ 1,033 -1,389 sqft 3 bedroom ~ 1,302 - 2,992 sqft 4 bedroom ~ 1,561 - 2,131 sqft Penthouse ~ 1033 - 2,809 sqft Facilities: Swimming pool with sun tanning water deck * Children's pool * Hydrotheraphy pool * BBQ * Children's...
THE cautions have come in fast and furious as investors and speculators continue to plough into the property market, which has seen prices rising sharply in the last few months. Various parties - including the Monetary Authority of Singapore (MAS) - have issued warnings that if the economy proves to be weaker than expected, or if interest rates start rising in a rebounding economy, property buyers,...
Since June this year, transaction prices of apartments at the 910-unit City Square Residences in the secondary market have increasingly crossed $1,000 psf, hitting a high of $1,271 psf in August, when a 570 sq ft studio apartment on the 26th floor of one of the two 30-storey towers was sold for $725,000. Since October, however, more units have been changing hands in the resale market at prices above the...
Prices of resale landed homes in the prime districts of 9, 10 and 11 in the fourth quarter have reached levels that surpassed the previous peak in the first quarter of 2008. According to a DTZ Research report, the average price of freehold landed resale homes in the prime districts increased 4.6 per cent in the fourth quarter to reach a new high of S$1,447 per square foot (psf). This is about 12 per cent...
The value of non-residential properties here has more than tripled this year. Property consultancy Jones Lang LaSalle's auction house said on Thursday that the quantum of non-residential properties has jumped from last year's S$26.9 million to S$101.18 million to date. It said the rise is due to investors being attracted to the higher rental yield from non-residential property, compared with an...
Location: Hullet Road (District 9) - former Char Yong Gardens Tenure: Freehold Year of Completion: 2013 Site Area: 93,274 sqft Total Units: 165 (20 storeys, 3 towers) Unit Types: 2 bedroom ~ 1,044 sqft (26 units) 3 bedroom ~ 1,550 - 1,615 sqft (94 units) 4 bedroom ~ 2,100 sqft (40 units) Penthouse ~ 3,348 | 3,907 | 4,715 sqft (5 units) Project Features: Heart of Orchard shopping paradise Designed by...
Location : Ocean Drive, Sentosa Cove (District 4) Tenure : 99 years leasehold Site Area : approx. 132,701 sqft Year of Completion : 2011 Total Units : 13 tropical villas Development Features : All villas feature a private pool and cantilever lounge over the lake Lush landscape with black bamboo trees an Eucalyptus trees Each villa comes with the name of a lake Each lake fronting villas provides a stunning...