VVIP Preview! Cardiff Residences D19
Why is properties in District 19 such a much sought after? Just look at the not-so-long ago almost sold out project the Scala! If you missed that opportunity to snag one yourself, now here’s your 2nd chance to invest in one ( remember there is really a limited number of available land for private residential… ) CARDIFF RESIDENCES is the latest to be launching soon! NEAR LORONG CHUAN... [Read more about this property...]
Fancy a resort home in the Bahamas?
PropertyGuru.com.sg : By Romesh Navaratnarajah : Many investors in Singapore are looking at overseas properties as far away as Australia and the UK for their second home, but what about the Caribbean? Baha Mar ( pictured ), the largest single-phase resort development in the Caribbean is planning to launch its luxury residences in Singapore from 29 June to 1 July 2012 and expects to see strong interest... [Read more about this property...]
Real estate sentiment improves in Q1
PropertyGuru.com.sg : By Romesh Navaratnarajah : After dropping for four straight quarters, the REDAS-NUS Real Estate Sentiment Index (composite) for Singapore’s real estate market climbed in the first quarter of 2012 to reach 4.6, driven by strong demand of several mass market private condo launches . The scale for the index used in the survey ranges between 0 and 10, with a score of less than... [Read more about this property...]
Govt releasing 5 residential sites this month
PropertyGuru.com.sg : By Romesh Navaratnarajah : The Housing and Development Board (HDB) and Urban Redevelopment Authority (URA) will launch the tender for five residential sites this month, offering developers and home buyers more options for private housing . Released under the Government Land Sales (GLS) programme for H12012, the 99-year leasehold sites could yield a total of 2,100 units. Four land... [Read more about this property...]
What triggered the record high home sales in April?
PropertyGuru.com.sg : By Romesh Navaratnarajah : Various factors caused April’s private home sales, excluding executive condos (ECs), to hit 2,487 units. This is the highest figure since the sales volume peaked at 2,772 units in July 2009. “Not only did demand chase supply, it in fact exceeded it because new homes launched for the month only numbered 2,386 units,” said Alan Cheong,... [Read more about this property...]
Sydney’s The Mark set to launch this week
PropertyGuru.com.sg : By Romesh Navaratnarajah : The Australian arm of Frasers Centrepoint will be launching The Mark ( pictured ), a 412-unit residential development in Sydney this week. The project offers a range of units comprising of one-bedroom (43-54 sq m); two-bedroom with two baths and a single car space (89 sq m) and three-bedroom suites with two car spaces (141-164 sq m), at an average price... [Read more about this property...]
Dramatic rise in property exhibition attendees
PropertyGuru.com.sg : By Andrew Batt : There has been a dramatic rise in the number of attendees at international property exhibitions this year as more buyers look beyond their own borders for property investment opportunities . The news comes from property investment firm Knight Knox International, a regular visitor to property exhibitions and events in Singapore, Malaysia, and other parts of the... [Read more about this property...]
EC site in Tampines awarded for S$233.5m
PropertyGuru.com.sg : By Romesh Navaratnarajah : The Housing and Development Board (HDB) has awarded a residential site ( pictured ) slated for an executive condominium (EC) development located next to The Tampines Trilliant to a consortium comprising Singxpress Property Development Pte Ltd, Creative Investments Pte Ltd and Kay Lim Realty Pte Ltd. The developers jointly offered the top bid of S$233.5... [Read more about this property...]
Singapore luxury home prices slip, Asia Pac edges up
PropertyGuru.com.sg : By Romesh Navaratnarajah : While eight key markets in the Asia Pacific recorded a decent one percent increase in high-end residential prices during the first quarter, Singapore saw a quarter-on-quarter drop in luxury home prices after remaining stable for six consecutive quarters on the back of on-going rental adjustment. According to the latest residential index released by Jones... [Read more about this property...]
Property market cools, but worries remain: Khaw
PropertyGuru.com.sg : By Romesh Navaratnarajah : Despite the encouraging signs brought about by the government’s property cooling measures, concerns still remain with regards to soaring mass market home prices and shoebox units, said Khaw Boon Wan, Minister for National Development. As of Q1 2012, there are 2,500 completed shoebox apartments accounting for 1.2 percent of the 210,000 non-landed... [Read more about this property...]
Private home sales highest since 2009
PropertyGuru.com.sg : By Romesh Navaratnarajah : TOP NEWS: Excluding executive condos (ECs), private home sales in Singapore for the month of April 2012 reached 2,487 units, its highest level since July 2009 when 2,772 new homes were snapped up. But month-on-month, overall private home sales saw a notable decline, falling 12 percent to 2,660 units from a recorded 3,032 in March. The figure is still... [Read more about this property...]