Singapore Property News This Week #104

Residential Luxury home markets hit by cooling measures According to JLL, the average capital values for luxury homes fell by 0.6% in Q1 as a result of cooling measures such as a higher ABSD and a tighter LTV ratio. This is compounded by the slower slower population and economic growth. Similarly, a CBRE report stated…

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…