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By Property Soul (guest contributor) I watched a recent Hong Kong TV programme about buying properties in Malaysia’s Penang.It was a big surprise to see real estate in Penang being positioned as investment properties. To Hong Kong people, Penang is a beach holiday destination in Southeast Asia similar to resort places like Phuket or Bali….
By Property Soul (guest contributor) Do you have a new year resolution for 2019? A common goal for many is to lose weight and stay fit. Today has an article on the Ministry of Health’s vision to help us “live long, live well and with peace of mind”. To lower obesity and the diabetes rates, the government…
By KK Tong House sizes in Singapore are shrinking – for both HDB flats as well as private apartments. Comparing sizes of HDB flats of the 1980s to those in the 2000s, data shows that a 3-room flat was 69 sq m then vs 65 sq m today, a 4-room flat was 105 sq m…
By KK Tong (guest contributor) Singapore’s latest cooling measures on the property market – enforced on 6th July 2018 – were to raise the Additional Buyer’s Stamp Duty (ABSD) rates and to tighten the Loan-to-Value (LTV) limits for purchases of residential properties. These measures are intended to cool the market for buyers of second and…
By KK Tong (guest contributor) Launched in the last weekend of August 2017, Kandis Residence is a 130-unit condominium set in the quiet and serene area of Sembawang. Based on the 33 transactions from launch date up to June 2018, the average transacted price is $1273 psf. Developed by Tuan Sing Holdings, the 99-year leasehold…
By KK Tong (guest contributor) Most new property launches in Singapore today are leasehold projects. There are not many developments which are freehold, so when Oxley Holdings launched The Verandah Residences in early April 2018, it was not surprising that 129 units out of the 170-unit freehold project were sold on the first weekend. The…
By Property Soul (guest contributor) Have you come across a hidden gem in the property market shared by someone from the industry? Did anyone tell you that he knows the best kept secret about a high return investment project? When was the last time somebody said he has insider news and told you to buy…