Property Market Outlook in 2014 and Beyond

By Mr. Propwise Ah, how quickly the year has flown by. It’s that time of the year again, where I dust off my crystal ball and peer into it, then stick my neck out and try to say something intelligent about the future direction of the property market. 2013 was certainly an interesting year, where…

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…

When a Property Billionaire Turns Bearish

By Mr. Propwise It is a rare occasion when a billionaire property developer talks the market down. Kwek Leng Beng, Chairman of City Developments Limited (CDL), a leading real estate developer in Singapore, did just that recently when he called buying land in Singapore at today’s prices “suicidal” and predicated an up to 5 percent…

Singapore Property News This Week #114

Residential Property cooling measures discourage foreign buyers According to a caveats analysis by DTZ, Singapore PRs and foreigners continued to buy fewer private homes for the second consecutive quarter in Q2 2013, while Singaporeans’ private home purchases increased by 14.4 percent in Q2 compared to Q1 2013. PRs bought just 348 units in the secondary…

Singapore Property News This Week #70

Residential Property market may heat up from QE3 With the influx of US$40 billion into the US economy each month under the QE3, there have been worries that this could lead to an influx of foreign funds into the property market in Singapore, potentially leading to more rounds of cooling measure. However, some said that…

How Will Singapore Property Fare in the Year of the Dragon?

By Getty Goh (guest contributor) This is my first article for 2012.  Before getting down to business, I would like to take this opportunity to wish everyone a successful and prosperous 2012!  To start off the year, I have decided to write something on a lighter note for your reading entertainment. Some time back, I came…

Additional Buyer’s Stamp Duty – The Straw that Breaks the Camel’s Back

By Mr. Propwise On the evening of December 7th the Government announced an Additional Buyer’s Stamp Duty (ABSD) to be imposed on certain categories of residential purchases. The intent is crystal clear – stamp out (pardon the pun) investment demand, especially from foreigners. There have been a flurry of news reports and opinion pieces, and…

Singapore Property Beginner’s Guide Part 1: Public and Private Housing

This is the first post in a series to help the absolute beginner understand the Singapore residential property market. Most people would be familiar with the content of these posts, but we believe even the old hands would learn a thing or two 🙂 What are the different of housing options available in Singapore? We…