singapore property

Verdure @ Holland Road

Location: Holland RoadTenure: FreeholdYear of Completion: 2014Site Area: approx 76,635 sqftTotal Units: 75 (69 apartments & 6 strata villas) Unit Types:2 Bedroom ~ 947 to 1,076 sqft3 Bedroom ~ 1,421 to 1,464 sqft4 Bedroom Maisonatte ~ 1,679 to 1,765 sqft3 Bedroom Penthouse ~ 1,711 to 1,733 sqft4 Bedroom Penthouse ~ 2,239 to 2,260 sqft5 Bedroom Strata Villas ~ 3,552 to 3,918 sqft Facilities: *...

Residential property market likely to bottom next year: Merrill Lynch

Singapore’s residential property market is likely to bottom only at some point of time in 2010, says a new report from Bank of America Merrill Lynch. The US investment bank noted that although local residential prices have already fallen 21% from the peak in mid-2008, they are likely to fall at least another 30% this year and a further 10% early next year before they stabilise. Indeed, Merrill...

Morgan Stanley eyes investment potential in foreign workers dorms

Singapore's real estate market has been hit by the global economic slowdown. But financial institution Morgan Stanley believes it has found a prime opportunity in the form of dormitories for foreign workers. The bank's real estate arm manages a fund that holds a majority share in Avery Strategic Investments which owns and operates four dormitories here. They are the Kian Teck Dorm, Woodlands Dorm,...

Property prices down in Q1

Prices for private property and public housing fell steeply in the first three months of the year. In the Housing and Development Board (HDB) resale market, the first drop since 2006 was seen. HDB's flash estimate, based on its Resale Price Index, showed a decline of 0.6 per cent in the first quarter compared to the fourth quarter of last year, which had registered a 1.4 per cent increase. Still, some...

Private residential properties see sharp fall in rentals in Q1

Private residential properties in Singapore saw a sharp fall in rentals and a slight price decline in the first quarter of 2009. Real estate consultancy firm DTZ in its report on Tuesday said monthly rentals of luxurious homes slid 18.8 per cent to S$5.20 per square foot, a level not seen since the third quarter of 2006. Rent of units in prime districts also saw a drop, down 16.2 per cent to S$3.65 per...

Illuminaire @ Devonshire Road

Timeless Sophistication, Privileged Living. An Urban Masterpiece. An exciting architectural icon is set to illuminate the prime district 9 skyline. Inspired by the dawn of new age city living in exclusive boutique size units. Illuminaire is the essence of a metropolitan lifestyle, a Shangri-la for those conversant in the ways of the world. Designed with the aspiration to inspire Illuminaire's sensuous...

Private home sales up tenfold to 1,323 units in February

The sale of private residential properties shot up more than tenfold in February to 1,323 units, compared to just 108 in January. Homebuyers thronged the showflats of mass-market projects like The Caspian in Boon Lay and The Alexis in Alexandra, and they propped up the property sales figures in February, accounting for more than 70 per cent of the units sold for the month. Property-watchers said those...

Home owners trade up in style

Owner-occupiers of older condominiums and HDB properties are capitalising on affordable pricing to upgrade to new and larger apartments THE BEST TIME to buy property, says K S Quek, a 45-year-old businessman who runs an electronic equipment servicing company with his wife, “is during a downturn”. The Queks did just that in the last property slump when they bought their current home, a fourth-floor...

Domus @ Irrawaddy Road (Novena)

Domus is a masterpiece of contemporary architecture rising twenty-eight storeys above a fascinating landscape of charming old world urbanity. It also offers panoramic views of the city and Macritchie Reservoir. Located within the established Novena residential estate, Domus is a five-minute walk away from Novena MRT station and just minutes away from Orchard Road, the Central Expressway (CTE) and Pan...

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