Singapore Property News This Week #115

Residential Jurong EC plot bid breaks record An all-time record price for EC land has been made for a plot in Jurong, which has long been starved of new EC supply. The 99-year leasehold plot near Jurong Country Club received a top bid of $418.53 psf ppr with strong participation of 16 bidders. The buzz…

The Impact of the 6th Round of Property Cooling Measures

By Mr. Propwise The MAS announcement on October 5, 2012 of the new restrictions on mortgages has been well covered by the media. In this article I will focus more on my thoughts on the impact of these measures on the market, and also present some concrete illustrations of how these measures will impact different…

New Book: Mortgage And Grow Rich

by Alfred Chia (guest contributor) Alfred Chia, CEO of SingCapital, has just published a new book on using mortgages wisely. In this article he shares with us what the book is about and his reasons for writing it. Most of us have been brought up to believe that borrowing is a bad thing. To many…