Singapore Property News This Week #101

Residential Twin Fountains at Woodlands 2.3 times subscribed Twin Fountains, the first EC launched in Woodlands since 2005, saw a total of 963 e-applications for its 418 units, making it 2.3 times subscribed. One third of the subscribers are first-time buyers, the rest are second-time buyers. Its appeal lies in its location, being near the…

Singapore Property News This Week #98

Residential Slowdown in HDB resale prices growth in Q1 The Resale Price Index (RPI) for HDB flats saw a 1.2% increase to 205.4 in Q1 2013, compared to the 2.5% increase in Q4 2012. Reasons for the slowdown include the capping of MSR at 30% and 35% of gross monthly income for loans granted by…

What Should Property Investors Do With Their Money Today?

By guest contributor Gerald Tay Dear Readers, I want to share some personal thoughts and investment decisions based on the 2013Q1 URA PPI flash estimate and what it means for the property market. The 2013Q1 estimate of 213.1 represents a 0.5% quarter-on-quarter increase, which is a moderation from the 1.8% q-o-q pace we saw in…

Singapore Property News This Week #92

Residential Developers not optimistic about the property market With the latest round of cooling measures, developers are now less optimistic about the property market, as reflected in the Redas-NUS Real Estate Sentiment Index (RESI) Current Sentiment Index, which fell from 5.1 in Q3 2012 to 4.6 in Q4 2012. The Future Sentiment Index also fell…

Should Shoe-box Factories Be Allowed?

A recent investigative report by The Straits Times found a diverse array of non-industrial businesses and institutions taking up space in industrial estates. A check by the reporter across places like Woodlands Industrial Park, JalanPemimpin, Alexandra Industrial Estate and Henderson Industrial Park found furniture markers and warehouse operators co-located with offices, churches, tuition centers, travel…

Singapore Property News This Week #43

Residential Decline in property investment sales There has been a decline in property investment sales in Q1 2012 to $3.4 billion as of March 12, though the final figure could potentially reach $3.8 billion. The figure thus far is a 57% fall from Q4 2011’s $7.7 billion and a 60% fall from Q1 2011’s $8.4…

Taking the Road Less Travelled – Part One

by Mr. Propwise This is Part One of an interview with Getty Goh on his tips for investing in overseas property, and his experiences developing an overseas property project. In Part One we ask Getty whether it makes sense to even look at overseas property investments, the differences between investing overseas and in Singapore, and…

Singapore Property News This Week #23

Residential EL Development launches DBSS project Trivelis with high indicative pricing 888-unit Trivelis, developed under the Design, Build and Sell Scheme (DBSS) at Clementi Ave 4, consists of three 40-storey towers with three-room to five-room flats, with more than 50 % being four-room flats. Prices of three-room flats (646 sqft), four-room units (861 sqft to…

Singapore Property News This Week #2

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 News NUS Singapore Residential Price Index rose in April The NUS Singapore Residential Price Index (SRPI) rose 14.1% in April year-on-year for the Non-Central Region and 5.6% for…