7 Singapore Property Market Trends in 2014 and Beyond

By Paul Ho (Guest Contributor) The numerous property cooling regulations imposed by the MND, URA, MAS and IRAS have done much to curb the speculative fever in the property market, but regulations to stop the latent demand are futile. In short, if there are 20,000 people needing houses and only 10,000 houses, then prices will…

Singapore Property News This Week #141

Residential Developers more cautious in EC bidding Analysts say that developers are now showing more caution in bidding for executive condominium (EC) sites after the tender for a 99-year leasehold site at Canberra Drive. The highest bid out of six bidders was $226 million, or $350.04psfppr, from a joint venture between Verwood Holdings, a unit…

How Does the 1H13 GLS Programme Impact Property Supply?

By Mr. Propwise On 14 December 2012 the Ministry of National Development (MND) announced the Government Land Sales (GLS) Programme for the first half of 2013. A total of 23 residential, two commercial, four hotel, and three mixed-use sites were announced. These sites could potentially yield a total of about 14,000 private residential units (6,900…

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…