Singapore Property News This Week #111

Residential Private home prices increase in second quarter According to the Urban Redevelopment Authority’s second quarter flash estimates, the private home price index increased by 0.8 percent from Q1, with a 3 percent increase for non-landed home prices in suburban areas. In Q1, the increase for private home and non-landed home prices was 0.6 and…

Singapore Property News This Week #89

Residential NUS SPRI: Prices of completed condos slipped 0.3% in December In December, the NUS’s Singapore Residential Price Index (SRPI) series reflected a 1.3% fall in prices in the Central Region sub-index (excluding small units) in December, a 0.5% increase in the Non-Central Region,  and no change in prices of small units (up to 506…

7th Round of Cooling Measures – The Anvil to Smash the Camel’s Back?

By Mr. Propwise As I had discussed previously, skyrocketing residential and industrial property prices dramatically increased the risk of additional government measures to prevent a destabilizing property bubble from forming. And this time, no punches were pulled. On 11 January 2013 the Ministry of Finance, Ministry of National Development, Monetary Authority of Singapore and Ministry…

Singapore Property News This Week #78

Residential Transaction volumes down for apartments worth $10m and more Only 33 luxury condos and apartments worth $10 million and above were sold in the first 10 months of 2012, compared to 57 units in the same period a year ago. The 33 units are worth a total of $449.6 million, 44% down from the…

Singapore Property Weekly Issue 35 now out

In this week’s issue: Singapore Property News This Week Additional Buyer’s Stamp Duty – Clarifications and Initial Impact Resale Property Transactions (December 31 – January 6) Singapore Property Classifieds #24 Happy reading! To wisdom and beyond, Mr. Propwise Singapore Property Weekly Issue 35

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…