Sales in the private residential market have dipped in April after a mild recovery in March. According to the numbers of private home sales released by the Urban Redevelopment Authority (URA), only 274 units were sold last month – down from 301 units in March. Developers were also holding back, with only 271 units launched in April – the lowest number of units since market weakness surfaced in...
singapore property
The US sub-prime crisis has begun to hurt Asian property markets, the real estate investment arm of the Government of Singapore Investment Corporation (GIC) said at the FT Asia Property Summit on Thursday. While Wall Street starts picking up the pieces from the sub-prime crisis, GIC said, the Asian property market has just started to feel the impact. The investor added the fallout would be even greater...
Location: 316-328 Upper East Coast Road (District 16) Land Size: 96,614sqft Tenure: Freehold Year of Completion: 2011 Total Units: 88 Unit Types: 2/ 3/ 3+1/ 4 and penthouse Nestled within the residential enclave of East Coast that enjoys the serenity and tranquility Close proximity to Changi International Airport , East Coast Park and CBD. Eateries and cafes along the stretch from Katong to Siglap. Near...
Hasty judgments should not be made just to prevent speculative property buying I am extremely taken aback by a recent media report highlighting the negative impact the deferred payment scheme (DPS) will have on the property market. The headline “Deferred payment scheme: Up to 4,200 homes may be dumped” was used to capture readers’ attention. In the absence of concrete data and evidence, we should...
Parc Emily, freehold #01-12, 7 Mount Emily Road Units: A 689 sq ft one-bedroom unit Price: $930,000, or $1,350 per sq ft (psf) This sub-sale unit, next to Mount Emily Park and near the Dhoby Ghaut MRT station, gets some afternoon sun. The whole condo, developed by City Developments and TID, is fully sold and will be completed this year. Other two- and three-bedroom units are also on sale. Viz @...
Cushman and Wakefiled’s Donald Han offers his views on the property market in the Channel NewsAsia programme, When The Bears Are Out - Invest Wise, hosted by Lin Xueling. What are your favourite locations at the moment? And for which categories? It all depends on your investment profile and investment criteria. I always say that you should go into a project or property sector that you are most familiar...
An exquisite development located in the Exclusive and tranquil setting of the Braddell Height Estate. Total Units : 18 individual strata titled Bungalows (of which seven are unsold)with its own individual private pool, lush landscaping, numerous water features, coupled with an efficient layout and modern fixtures and fittings-offers a luxurious lifestyle for a selective few only. Location : Dunsfold...
Majestically poised in the coveted environment of Tanglin, Singapore’s prime residential district, are the White House Residences, a prospective living development of grandeur and privilege. The owner says of this prestigious area, “Singapore is not a mere jewel in Asia but a whole jewelry box with its rapidly changing and ever-progressing business, entertainment, cultural, and lifestyle...
Supply of homes, vacancy rates up, but buyers discouraged by high prices THE lacklustre property market seen in the first quarter of this year is likely to persist, with developers expected to launch more projects in the months ahead, increasing the supply of new homes even as buyers stay away. The prices of homes in both the private and public sectors rose at a much slower pace in the first quarter...
Prices of private residential properties increased by 3.7% in the first quarter of this year from the last quarter of 2007. Analysts said this could be due to the price discounts offered by developers for some units in the suburban areas. Dr Chua Yang Liang, Head of Research & Consultancy, Jones Lang LaSalle, said: "Here and there there are some anecdotal evidence of them giving some kind of rebates....