Monthly Archives: February 2013

  • Completed and unsold

      source: the straits times the anaemic high-end property market is still languishing as foreign buyers flee the market in the wake of the string of cooling measures and the residual sting of the global financial crisis. new analysis by a consultancy has identified almost 500 completed but unsold homes in upmarket districts 9, 10 and 11. and there are 9,295 non-landed high-end homes under construction by the end of last year. of these, ab... Continue reading
  • Mild relief from growth pains, but still no cheer

      source: business times the singapore economy did better than initially thought in 4q 2012, ending what was a rocky year for growth on a firmer footing. but the government will stick to its "cautiously positive" forecast of one to 3 per cent growth this year, as the global outlook remains clouded with uncertainties. while major risks have receded ... Continue reading
  • Seventeen new condos primed for launch

      source: the straits times around 17 new condominiums comprising almost 7,500 private homes in all are being prepared over the next few months. the bumper supply stems largely from the significant release of land from the government land sales (gls) programme over the past year, although private sites are also in the mix. market experts are keenly w... Continue reading
  • Roxy-Pacific set to launch residential projects in April

      source: the straits times roxy-pacific holdings can expect to have a busy second quarter this year. its chief executive teo hong lim said at a results briefing wednesday that showflats at three of its sites will be completed by next month and are set to be launched in april. the freehold sites at lew lian vale, 334 pasir panjang and wilkie terrace ... Continue reading
  • More resale flats sold at close to $1 million mark

      source: the straits times a new record has been set for housing board resale flats, with a 1,750 sq ft executive maisonette in bishan changing hands for $1.01 million last month. it broke the previous record of $1 million, set by a 1,615 sq ft executive apartment in queenstown last year. fresh data from the singapore real estate exchange (srx), whi... Continue reading
  • Cooling moves dampen developers' outlook

      source: business times developers' market outlook turned pessimistic, following the introduction of the latest set of cooling measures in january, with more expecting moderately lower residential prices in the near term. according to the redas-nus real estate sentiment index (resi), the current sentiment index, where respondents rate real estate ma... Continue reading
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  • More holding on to their HDB flats

      source: the straits times a higher percentage of home owners are holding on to their housing board flats, reversing a trend that had been rising in the past four years. according to data from the housing board friday, the percentage of home owners who sold their property within the year after it hit the five-year minimum occupation period (mop) was 11.8 per cent last year. it had been climbing steadily, from 4.3 per cent in 2008 to 18.3... Continue reading
  • Home sales brisk during Lunar New Year holiday

      source: channelnewsasia home sales were brisk during the lunar new year holidays. five buyers each bought a unit at la fiesta in sengkang between 9 and 11 february. they comprise four singaporeans, who are first-timers, and one indonesian. in total, property developer far east organization sold some 20 units at its projects like eco in bedok south,... Continue reading
  • New projects inject vibrancy into Yishun

      source: the straits times yishun may be one of singapore's largest and most mature property estates, but it tends to be seen as a quieter cousin to neighbouring towns such as ang mo kio and woodlands. that could change as interest in the fast-emerging iskandar development region just over the border in malaysia grows stronger, according to property... Continue reading
  • Developers anxious about cooling measures

      source: business times the new head of the real estate developers' association of singapore (redas) says developers here are "naturally anxious" about the latest round of cooling measures, but they understand the government's push for "a soft landing of the property market" and will thus support the population roadmap set out for 2020 and beyond to... Continue reading
  • Rush to beat curbs propels home sales

      source: business times private home sales surged 42.8 per cent in january from the month before, as developers dished out discounts and rebates to entice buyers in the wake of the seventh round of cooling measures. excluding executive condominiums (ecs), a total of 2,013 transactions were clocked in in january, up from 1,410 in december. this was the highest in four months, and exceeded the 1,799 units launched by developers. the surge ... Continue reading
  • JAN 2013 INSIDER PRICE STATS : Click to ZOOM!

    source : srx dwg click to zoom! Continue reading
  • Vestibulum molestie lacus. Aenean nommy hendrerit. Phasellus porta.

    lorem ipsum dolor sit amet, consectetur adipiscing elit. sed blandit massa vel mauris sollicitudin dignissim. phasellus ultrices tellus eget ipsum ornare molestie scelerisque eros dignissim. phasellus fringilla hendrerit lectus nec vehicula. pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. in faucibus, risus eu... Continue reading
  • Phasellus fringilla

    lorem ipsum dolor sit amet, consectetur adipiscing elit. sed blandit massa vel mauris sollicitudin dignissim. phasellus ultrices tellus eget ipsum ornare molestie scelerisque eros dignissim. phasellus fringilla hendrerit lectus nec vehicula. pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. in faucibus, risus eu volutpat pellentesque, massa felis feugiat velit, nec mattis felis elit a eros. cras conv... Continue reading
  • How do we define a GOOD property agent?

    clients ask me. how do i determine a good agent? every agent will only show their pleasant side during the 1st meetup and sell their good points but never their bad points. 8 points to take note. 1. a good agent does not tell you to sell your house without knowing the reason behind the sale 2. a good agent only recommend, suggest the best solution sincere... Continue reading
  • New private home discounts not cause of dip in resale prices: analyst

    source: channelnewsasia prices of new private home launches usually set the benchmark for resale properties in the area. but it seems that discounts offered by developers of major properties in the city since the fourth quarter of last year may not have spoilt the market yet. buyers who bought units at d'leedon near farrer road and interlace at alexandra ... Continue reading
  • New priority scheme for flats attracts families

    source: the straits times a new priority scheme to help married couples with young children secure a new housing board flat more quickly has seen a strong take-up. the parenthood priority scheme was announced last month as part of a broader package of measures to spur marriage and parenthood in singapore. under the scheme, 30 per cent of the flats in any ... Continue reading
  • Developers rapped for misusing industrial space

    source: the straits times some industrial property developers have been taken to task by the authorities for misusing space in industrial buildings that they developed. at least two developers have been asked to cease the unauthorised use of industrial space as office space, the straits times understands. those rapped by the urban redevelopment authority ... Continue reading
  • Far East sold most private homes last year

    source: the straits times developer far east organization was again the top seller of private homes last year, topping the table with 2,181 transactions. the company accounted for about 10 per cent of the 22,290 new homes sold last year, with hillier in hillview and watertown in punggol among its stars. city developments and its parent firm hong leong gro... Continue reading

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