Singapore Property News This Week #139

Residential All 281 units of Hillford sold All 281 units at 60-year leaseholdThe Hillford, Singapore’s first retirement resort, were sold within five hours on Jan 18 from about 1,000 prospective buyers with earlier indicated interest. The average price for the units is $1,100 psf. 186 of all the units are in one-bedroom configurations, with size…

Singapore Property News This Week #95

Residential HDB explores possible measures to ensure affordability of flats To ensure that flats remain affordable, the government is considering possible measures such as reinstating the old policy where public flats can be sold only back to HDB, increasing the minimum occupation period and shortening leases. MND will also be looking into bring prices of…

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…

How Interest Rates and Yields Affect Property Prices

By Mr. Propwise Interest rates have a significant effect on the real estate market as they affect both the cost of taking a mortgage from the bank to fund the property purchase, and the relative attractiveness of the property purchase versus other investment alternatives. Since the Global Financial Crisis in 2008, we have been in…

Foreign Buyers and the Impact of the ABSD

By Mr. Propwise Savills recently published an interesting report titled Profiles of foreign buyers in Singapore. Thanks to Singapore’s growing attraction as a safe haven for investors, foreigners purchased 31% of all private home purchases in 2011, an all-time high and twice the number versus 10 years ago. Profiles of the Four Main Groups of…

Singapore Property Classifieds #10

For Sale Orange Grove Residences. FH luxe condo. 3BR Ground floor 1981sf. ONLY $1999psf. Pool View $3.96m – $300k below value. Valerie Yong 98760102 The Inspira FH Boutique Condo. City Lifestyle Living,100% Move-In Condition. 2BR, 926sf, $1759 psf $1.63 mil nego. Valerie Yong 98760102 Seasons Park Penthouse ONLY $646 psf. 100% Move-In Condition. 4BR 2862sf…

Singapore Property Weekly Issue 20 now out

In this week’s issue: Singapore Property News This Week Singapore Property Prices Still Rising – But at a Slowing Pace Resale Property Transactions (September 17 – 23) Singapore Property Classifieds #10 Happy reading! To wisdom and beyond, Mr. Propwise Singapore Property Weekly Issue 20

Are You Being Penny Wise, Pound Foolish?

By Lau (guest contributor) (Or in Singapore terms, Cents Wise Dollar Foolish) Recently I had sent a friend home and went up to his apartment for a short 20 minute drink. As Murphy would have told me, anything that can go wrong, will go wrong: Saving the trouble of tearing a 50 cent coupon cost…

Singapore Property News This Week #8

Here’s our summary of the important residential, commercial and industrial news this week. We hope this helps you to save time catching up on the news! RESIDENTIAL Peace Centre and Peace Mansion up for collective sale at $675 million For the third time, 40-year-old Peace Centre and Peace Mansion at One Sophia Road are up…

Singapore Property Weekly Issue 8 now out!

Dear readers, We’re happy to bring you the eighth issue of our FREE PDF e-magazine, through which we hope to bring interesting and pertinent articles on the Singapore property market to our members. We’ll be adding new sections over time. Let us know what else you’d like to see – we welcome all feedback! In…