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The Yishun site which is slated as a 99-year leasehold residential site received a whopping bid of S$213.5m or S$350 psf ppr from MCL Land. MCL Land successfully outbidded 4 others with bids ranging from $95 and upwards. MCL Land which bid the highest was surprisingly 68% higher than the next highest offer.
It is an aggressive [...]
Archive for March, 2008
Yishun site attracts aggressive bids
Posted by Agent Tay on March 29th, 2008
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Market sentiment affected by global gloom
Posted by Agent Tay on March 18th, 2008
Despite having good and strong fundamentals in Singapore, mentally everyone is unable to place global economic problems out of mind. The ailing US dollar, astro-path of oil prices, poor US economic indicators and sub-prime problems are affecting overall sentiment – stock market and property market.
The volume of transactions of new private homes dropped drastically in [...]
You Order, We will Build!
Posted by Agent Tay on March 3rd, 2008
Towards the end of the previous property boom, HDB suddenly realised “we’ve got too many HDB units than the people wanting to buy them”. Then as the property market declined, those that saved their money to place a deposit on their dream HDB home realised that with the same amount of money they could get a [...]
