Property Selling Tip #1: All Markets are Cyclical

Investing in real estate requires patience but the rewards are immense.Once you have invested a sum of money as downpayment for a property, it is possible to have two-fold gains from both capital appreciation and rental income. The rental income is a good source of income to reduce or cover your monthly mortgage loan repayments,…

The 2 Numbers Smart Property Investors Must Know: COCR and IRR

By guest contributor Gerald Tay In the first part of this article, we talked about the importance of looking at numbers instead of location when buying investment property. There are two vital numbers that novice investors and speculators frequently ignore: the Cash-on-Cash Return and Internal Rate of Return. Let’s now take a closer look at…

Singapore Property Classifieds #24

For Sale Soho@Central, #09- ,soho1/w loft/635sf/vacant/mgt fee $975/quart/ask $2280psf/avail for rent 5.5$K(neg). Call S.Ganesh 91732881 for viewing! Off@Central,#19-/3246sf(apx),tnted/rent 25k/maint $2,268pm/ask $2950psf neg. View of Marina Bay Sands. Call S.Ganesh 91732881 for viewing! For Rent Luma/New/1153sf/3br+balcony/8F/rent $5,500(low asking)/partial/nego/also avail for sale $2000psf neg/Call S.Ganesh 91732881 for viewing!   Attention Agents & Owners Want to get your…

Singapore Property News This Week #20

Residential Pacific Mansion estate is up for collective sale with asking price of $990 million Located at River Valley Close, 128,353.16 sq ft freehold residential development Pacific Mansion estate was put up for collective sale via tender with an asking price of around $990 million ($2,008 psf ppr). With a gross plot ratio of 3.84273…

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…

New Record Price for a Mass Market Project

By Mr. Propwise Thomson Grand has set a new benchmark for the mass market segment, priced at an average of $1,330 psf. Developed by Hong Kong developer Cheung Kong, it was launched late last week and reportedly sold out all 50 launch units on the first day. This represents around 20% of the 361 units….

CEA Issues Guideline on Ethical Advertising by Property Agents

The Council for Estate Agencies (CEA) has issued a Practice Guideline to promote ethical advertising by property agents. These guidelines were developed after consultation with property agents, industry associations, government bodies such as the HDB and URA, and the Consumers Association of Singapore. These guidelines will apply to all forms of advertisements, including classifieds, pamphlets…

Singapore Property News This Week #7

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 Grand Tower at Novena up for sale at $88.8 million 21,742 sq ft Grand Tower located in Novena is up for sale with an asking price of $88.8…