Singapore Property News This Week #65

Residential Shan Gate apartments up for collective sale The 27-unit 10-storey residential development located along Shan Road near the Novena Medical Hub and the Novena MRT Station is asking for $51.5-53.5 million or $1,010-1,049 psf ppr excluding balcony allowance, or $918-953 psf ppr if included, based on a 2.8 gross plot ratio on the 18,305…

Singapore Property News This Week #53

Residential Two freehold residential sites up for sale; one at Hillview Ave, another at Amber Road The first is a 230,915 sq ft freehold site located at 63 Hillview Avenue with a 1.92 gross plot ratio and an asking price of $330 million or $925 psf ppr if the $80 million development charge is included….

Singapore Property News This Week #50

Residential ABSD reimbursing may be a cause for concern To prevent the ABSD from affecting sales, developers have been offering discounts, rebates and even reimbursing the ABSD. This may potentially distort property and loan values and obscure transparency in the market especially since these discounts are given only after the transaction, meaning that the prices…

Singapore Property News This Week #47

Residential Freehold Cavenagh Gardens on the collective sale market The site located along Cavenagh Road is asking for $460 – 480 million or $1,708 – $1,782 psf ppr based on a 2.1 gross plot ratio (excluding balcony allowance) or $1,553 to $1,620 psf ppr (including balcony allowance). The 128,256-sq ft site is zoned residential and…

Singapore Property News This Week #44

Residential Freehold Westvale Condominium up for collective sale The 32-unit strata walk-up development located along 334 Pasir Panjang Road is asking for $85.5 million or $974 psf ppr based on a 1.4 gross plot ratio. The building sits on a 62,710 sq ft site zoned ‘residential’ that can be redeveloped up to a maximum of…

Singapore Property News This Week #42

Residential Summer Scent launched for sale Summer Scent, a freehold residential development located at Hougang Avenue 2 and Upper Serangoon Road, has been launched for sale. The 16-unit development has sold six of its units, which consists of two-bedroom (581-1,711 sq ft) and three-bedroom (1,065-1,905 sq ft) units. Two-bedroom units and the two two-bedroom penthouse…