Singapore Property News This Week #107

Residential Jewel@Buangkok draws strong response 203 out of the 280 units at 616-unit Jewel@Buangkok were sold. Average selling price was about $1,150 psf which includes an early-bird discount. 84% of buyers are Singaporeans, many were young couples, PMEBs (professionals, managers, executives and businessmen) and HDB upgraders. 16% of buyers were foreigners and PRs from Malaysia,…

Singapore Property News This Week #72

Residential Q3 private home price index increased by 0.5% The overall private home price index increased by 0.5% in Q3, compared to the 0.4% increase in Q2. The Outside Central Region, Rest of Central Region and Core Central Region posted an increase of 1%, 0.7% and 0.2% increase in Q3. This brings the year-to-date increase…

Singapore Property – Top 5 News Stories This Week #18

Here’s issue #18 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru). 1. New expressway may devalue nearby homes Construction zones at the North-South Expressway (NSE) could harm rents and values of nearby properties during the building phase. 2. Dragon Mansion sold in collective sale for S$130m Dragon…

Singapore Property News This Week #22

Residential New projects by developers behind the strong sales for private homes in September The new projects by developers in Outside Central Region (where mass-market developments are located), which includes 78.4% of the total 1,919 units and 81% of the 1,631 units (excluding ECs) sold in the past month, are behind the strong sales in…

Singapore Property – Top 5 News Stories This Week #13

Here’s issue #13 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru). 1. HDB launches record supply of flats for sale The Housing & Development Board (HDB) launched more than 8,200 flats for sale yesterday, under the joint Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercises. 2. Average mass…

What the Raised Income Ceiling Means For the Property Market

By Dennis Ng (guest contributor) The news was expected as the then Minister for National Development (Mr. Mah) had mentioned in the run-up to General Elections in May 2011 that the income ceiling for HDB flats would be increased. The changes announced by Prime Minister Lee during National Day Rally on Sunday night 14 Aug 2011…