Market-watchers expect keen competition for the eight residential sites on the confirmed list under the Government Land Sales (GLS) Programme for the first half of next year. But land prices may not necessarily come down. Analysts also expect more foreign developers to bid for sites over the next three to six months, keeping prices competitive especially for popular locations. Donald Han, managing...
singapore property
Senior Minister Goh Chok Tong said Singapore needs to be one of the most liveable cities - not just in Asia, but globally - and one that goes beyond being clean, green and safe. Mr Goh shared this new vision of Singapore over the next 25 years at the 50th anniversary of the Real Estate Developers' Association of Singapore (REDAS) on Thursday. Singapore has come a long way. But as other new cities erode...
Location: 52 Stevens Road (District 10) Tenure: Freehold Year of Completion: 2013 Site Area: 10,682 sqft Total Units: 20 (1 block of 5 storeys + attic) Facilities: Lap Pool, Hot Jacuzzi, BBQ Area, Pool Deck Property Features: Near Prestigious Schools Walking Distance to Stevens MRT Excellent Access To City & Orchard via PIE/Bukit Timah Road Unit Types: 1 bedroom ~ 420 / 474 / 1001 sqft 1+study ~ 495 /...
Even as demand for private homes tapers off, there continues to be a strong take-up for condominium units in the Flora Road area off Loyang Avenue, with 11 transactions of between $550 and $715 psf between Oct 2 and 9, according to caveats lodged by URA Realis. Though it may be about a 20-minute drive from the CBD, this area is being transformed by the growing number of companies moving to Changi and...
There was a flurry of activity in the Newton Road area, with five transactions of between $1,100 and $1,676 psf carried out from Sept 25 to Oct 2, according to caveats lodged with URA Realis. The highest psf transacted price for that week was seen at a 1,216 sq ft, 10th-floor apartment at Newton One — it was sold for $2.038 million or $1,676 psf. Another transaction that took place in the same tower was...
Singapore’s private home prices rose 15.8% in the third quarter, the most in 28 years, as cheap money and improving economic conditions lured buyers. The price index of private residential property jumped to 154.3 from 133.3 the previous quarter, the Urban Redevelopment Authority said on its Web site today. The increase was the first in more than a year and the biggest quarter-on-quarter gain since...
Private home prices rose 15.8 per cent in the third quarter compared to the second quarter - slightly lower than the initial forecast of a 15.9-per-cent rise made by the Urban and Redevelopment Authority (URA) in early October. The rise in prices between July and September is a sharp turnaround from the 4.7-per-cent fall seen in the second quarter, and snaps four straight quarters of decline. According...
There was a flurry of transactions at the 25-year-old Regent Court recently. The 49-unit freehold condominium failed to sell en bloc for $34 million, or $528 psf, after it surfaced last December that the stamp duty for the en-bloc sale agreement in 2007 had not been paid by Regent Development, a nominee of Landquest Pte Ltd. Earlier, some owners also opposed the deal as they claimed that the sales proceeds...
Location: Paterson Road (District 9) Tenure: Freehold Year of Completion: 2010 Total Units: 35 Unit Types: 2 Bedroom ~ 818 - 1,033 sqft Penthouses ~ 2,013 - 3,164 sqft Facilities: Stepping Stones, Pebble Water Court, Sun Deck, Jacuzzi, Landscaped Court, Gymnasium, Lap Pool, Function Deck, BBQ Pits, Sauna. Email [email protected] with the following for more information or an appointment: Paterson Linc...
Located in prestigious District 9, Rhapsody on Mount Elizabeth, a luxurious boutique development with an exclusive 32 freehold units, heralds a new era of metropolitan living. Mere minutes from the vibrant eclectic mix of shopping malls and designer boutiques along the Orchard promenade, Rhapsody on Mount Elizabeth is your answer to cosmopolitan lifestyle in a sanctuary with the city. Design along...