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By Gerald Tay (guest contributor) There have been recent calls to the government asking to relax some of its property-cooling measures as demand for real estate wanes. MrGetty Goh, director at Ascendant Assets voiced his view on this, speaking at a Business Outlook Forum recently. He said the government should consider repealing the Seller Stamp…
By Getty Goh (guest contributor) In Jun 2011, I wrote a blog titled, “Outlook for the next few months”. In the article, I wrote about the how I used the Ascendant Assets Index or AAI for short, a proprietary index, to help me determine how the Singapore private property market was doing. To recap, the basic…
By Mr. Propwise From the URA’s flash estimate of the 2Q2011 Property Price Index, property prices in Singapore have (again) hit an all time high. Prices were up 1.9% in 2Q2011 on a quarter-on-quarter basis and 10.1% on a year-on-year basis. At the current levels the price index is 14.3% above the previous 2Q2008 peak,…
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 Average holding period for subsales increased to 2.31 years in Q1 2011 Savills’ study revealed that the average holding period for subsales in Q1 2011 was 2.31 years,…