In the latest caveats for the week of Aug 28 to Sept 4, there were four transactions for apartments in the $7 million range, mainly for existing freehold projects in the luxury prime districts of 9 and 10. One is a 3,477 sq ft second-floor unit at the 32-year-old Nassim Mansion, a luxury freehold 72-unit development on Nassim Hill in a neighbourhood of Good Class Bungalows. It was sold for $7.5 million...
singapore property
Singapore private property prices in the third quarter saw the steepest quarter-on-quarter increase since 1981. The Urban Redevelopment Authority's (URA) flash estimates showed private home prices rose 15.9 per cent in the third quarter - a sharp turnaround from the 4.7 per cent fall in the second quarter, and snapping four straight quarters of decline. Overall, prices are back to where they were at the...
Property consultant DTZ said sales of private homes here this year are likely to be higher than the record of 14,800 units sold in 2007. In a report, DTZ said there was a "frenzied" level of activity seen in the third quarter this year. That led to a record number of more than 2,700 homes sold in July. DTZ is forecasting that the record of some 5,100 units sold in the second quarter of 2007 will be...
There has been a pick-up in sales of landed property at Frankel Estate recently. An established landed residential enclave, it’s located within a short driving distance of the Kembangan MRT station and within walking distance of eateries along Siglap Road. It is also in the proximity of good schools like Victoria Junior College, St Patrick’s School and Tao Nan School. According to caveats lodged with...
Increased sales strongly suggest that buyers are convinced property prices have bottomed, or are low enough for them to re-enter the market, writes EMILY ENG GIVEN the recent euphoria in the residential market, it is no surprise that it has become a hot topic of discussion. Isn't Singapore still in recession, people wonder. Unemployment is still high, with an estimated 116,600 jobless residents as at June...
Prices have more than doubled over the last decade PRICES of good class bungalows (GCBs) have picked up strongly since early this year, topping prices fetched in the last property peak in 2007. GCBs are owned by a select group of wealthy individuals, who may well own more than one such bungalow. There are an estimated 2,500 GCBs in Singapore today. By definition, GCBs need to have a plot size of at least...
Buyers took advantage of lower prices, which have corrected by some 20 to 30% from the peak, and low interest rates to buy their dream landed homes A HOME these days has become more of a lifestyle statement and status symbol than just a roof over one's head. And what could answer both aspirations better than a plot of freehold land where the owner can dictate every last detail in a custom built house? So...
The prime freehold land is located near Cairnhill Road and is close to the Orchard Road shopping district and Anglo-Chinese School (Junior). Accessibility to and from the property is enhanced by its proximity to the Central Expressway. It is designated for an exclusive high-end development which offers 158 units with full facilities. Location: 12 Cairnhill Rise (District 9) Tenure: Freehold Year of...
Location: River Valley Close (District 9) Tenure: Freehold Year Completion: 2014 Site Area: approx 26,000sqft Total Units: 105 Unit Types: 1 bedroom ~ 560 sqft (25 units) 1+study ~ 775 sqft (24 units) 1+study ~ 850 sqft (24 units, with private lift) 2 bedroom ~ 1,076 sqft (13 units, with private lift) 3+study ~ 1,615 sqft (24 units, with private lift) PH 2+study ~ 2,282 sqft (01 unit, with private lift...
CapitaLand said on Tuesday 233 units were sold in the preview sales of its Interlace condominium project, which will be built on the former Gillman Heights site. The prices for the 360 units that were released for sale ranged from S$850 to S$1,150 per square foot. The developer said nearly two thirds were sold, including two, three, and four-bedroom apartments and penthouses. Located on an 872,000...