Singapore Property News This Week #117

Residential Property market set for 2016 incident due to abundant supply It is reported that the sellers stamp duty (SSD) should be relooked to prevent a collision with a record number of private homes released to the market in 2016. According to Orange Tee’s data, a total of 33,555 units will make their ways into…

Singapore Property News This Week #108

Residential Afiniti Residences sold out on first day of launch Afiniti Residences, a 147-unit condominium project in Iskandar Malaysia, was sold out on its highly anticipated launch by the 50:50 joint venture between Temasek Holdings and Pulau Indah Ventures. 25% of the buyers were Singaporeans, while the rest were mainly Malaysians. Some 88 units were…

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 #55

Residential Residential supply is expected to remain high in H2 2012 An estimated upcoming supply of 28 to 30 new residential sites from both the confirmed and reserve list yielding 14,000 residential units is predicted, given the high housing prises and strong demand for both housing units and land. On the Confirmed list could be…

Singapore Property News This Week #53

Residential Two freehold residential sites up for sale; one at Hillview Ave, another at Amber Road The first is a 230,915 sq ft freehold site located at 63 Hillview Avenue with a 1.92 gross plot ratio and an asking price of $330 million or $925 psf ppr if the $80 million development charge is included….

Singapore Property News This Week #36

Residential Strong sales at Watertown project in Punggol 215 of the 596 released units at 99-year leasehold 992-unit Watertown project was sold over the Chinese New Year long weekend, bringing the total number of units sold to slightly above 500. The units sold so far have a price range of $980 to $1,500 psf and…

Singapore Property News This Week #24

Residential Laguna Park and Henry Park up for sale The reserve price of 677,493 sq ft Leasehold Laguna Park located along Marine Parade Road is $1.25 billion, about $954 psf ppr including a differential premium of about $560 million. Zoned for residential use at a plot ratio of 2.8, it has a 1.9 million sq…

Singapore Property News This Week #6

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 Slower GCB sales due to gap between offer and asking price Widening gap between offer and asking prices has decreased GCB sales. For example, asking price for a…