Singapore Property News This Week #121

Residential TDSR weakens new private home sales It is reported that the new loans curb curb in the form of the Total Debt Servicing Ratio (TDSR) has severely affected recent private home launches of the Glades in Tanah Merah and The Skywoods in the Dairy Farm area, which saw weak and stalled sales since the…

Hidden Dangers in Mixed Development and Mature Estates

By Property Soul (guest contributor) Recently I got a shocking message from my sister: A strong fire broke out in our hometown in the estate where my mother stays.It was built around 15 years ago – a five-block residential development and each block comes with 21 storeys. It is also a mixed development with one…

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…

Singapore Property News This Week #42

Residential Summer Scent launched for sale Summer Scent, a freehold residential development located at Hougang Avenue 2 and Upper Serangoon Road, has been launched for sale. The 16-unit development has sold six of its units, which consists of two-bedroom (581-1,711 sq ft) and three-bedroom (1,065-1,905 sq ft) units. Two-bedroom units and the two two-bedroom penthouse…

Singapore Property News This Week #26

Residential 540,314 sq ft Upper Thomson site, 24,265 sq ft Lavender site and 17,997 sq ft Mount Elizabeth site up for sale 540,314 sq ft Thomson View Condominium located along Upper Thomson Road is zoned for residential use. The gross plot ratio is 2.1 with a maximum height of 24 storeys. The site with 65…

Singapore Property – Top 5 News Stories This Week #18

Here’s issue #18 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru). 1. New expressway may devalue nearby homes Construction zones at the North-South Expressway (NSE) could harm rents and values of nearby properties during the building phase. 2. Dragon Mansion sold in collective sale for S$130m Dragon…