Do the Additional Stamp Duties and HDB Cash Over Valuation Make Sense?

By The Folks(guest contributor) A letter from a certain Mr Zhuang Li-Hao was published in the Straits Times forum page recently. Mr Zhuang felt that existing policies curb transaction volumes, but are by themselves inflationary. This is why prices continue to rise despite the various rounds of cooling measures. He suggested two ways to modify…

June Home Sales Plunge – Reduced Policy Risk Ahead?

By Mr. Propwise Total residential sales fell by an estimated 21% month-on-month in June, with new home sales falling by 19% (excluding Executive Condominiums) to 1,371 units while secondary market sales fell by 29% to 1,010 units. This is the third month of contraction for total residential sales and the second month for new home…

Singapore Property News This Week #60

Residential Freehold Asia Gardens back on the en bloc market, with a lower price Freehold Asia Gardens at Everton Road is back on the market, asking for a lower $273.2 – 300.3 million or $1,354 to $1,488 psf ppr, compared with the earlier $302.6 – 307.7 million. The 84-unit development zoned for residential use has…

Singapore Property News This Week #23

Residential EL Development launches DBSS project Trivelis with high indicative pricing 888-unit Trivelis, developed under the Design, Build and Sell Scheme (DBSS) at Clementi Ave 4, consists of three 40-storey towers with three-room to five-room flats, with more than 50 % being four-room flats. Prices of three-room flats (646 sqft), four-room units (861 sqft to…

Singapore Property – Top 5 News Stories This Week #16

Here’s issue #16 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru). 1. First DBSS project in west to launch next week Lake Vista @ Yuan Ching, the first Design, Build and Sell Scheme (DBSS) project in western Singapore, will be launched for sale next week, with prices…

Singapore Property – Top 5 News Stories This Week #2

Here’s issue #2 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru). Have a good weekend! 1. Property auction sales plummet in Q1   The property auction market has registered a sharp drop in the total number of transactions and sales in the first quarter, winding up a…