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THERE were plenty of new private homes sold last month but a key property industry body warned yesterday that the market sentiment may be more sombre. Mr Wong Heang Fine, president of the Real Estate Developers’ Association of Singapore (Redas), said January’s strong numbers – analysts tip that about 1,800 units were moved – must [...]
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Developers set for more launches
Posted by Agent Tay on February 4th, 2012
PROPERTY developers are continuing to plow ahead with their pipeline of launches, even as they ponder over the best course of action to take following the government’s latest cooling measure, the additional buyer’s stamp duty (ABSD). Frasers Centrepoint for one, will go ahead with the launch of its Twin Waterfalls, a 99-year leasehold executive condominium [...]
Showflats still busy, but sales slower
Posted by Agent Tay on January 10th, 2012
A LACKLUSTRE response to property launches at the weekend indicates that home buyers have turned cautious, with many taking longer to make up their minds. Property cooling measures and general economic uncertainty are being keenly felt, with new sales slowing significantly compared to previous launches. Experts say buyers are choosing to keep their options open [...]
Slew of collective sales hits the market
Posted by Agent Tay on January 10th, 2012
TWO freehold developments – Royalville and Ming Arcade – have been put up for collective sale by tender for a second time, with a reduced asking price. Royalville, a residential site located on Bukit Timah Road, is back on the market, with an asking price in the range of $320 million to $370 million. In [...]
Plans for Green Corridor in upcoming competition
Posted by Agent Tay on July 27th, 2011
The former KTM railway which has been ear marked as a possible green corridor. While the tracks and the gravel are currently being ripped apart and carted away, plans on what to do with this green corridor has yet to be drawn up. To draw more ideas from the public, although could be seen as [...]
Paya Lebar 2nd commercial plot hot enough?
Posted by Agent Tay on July 27th, 2011
Paya Lebar is slated for major development as a major commercial hub on the east side. (as opposed to Jurong Lake). Currently URA has launched a 2nd commercial site at Paya Lebar Central for public tender. The 2.07 hectare commercial site can generate a gross floor area (GFA) of about 87,000 square metres. It added [...]
Tags: The Chinese are “invading” Japan
Posted by Agent Tay on March 14th, 2011
This may sound horrid since Japan just suffered this devastating earthquake and tsunami, its worst natural disaster, equal to the devastation seen in World War II according to the current Prime Minister Naoto Kan. But this might just be the opportunity the Rich Chinese are looking for to come in to swipe even harder at [...]
BTO flats losing its attractiveness?
Posted by Agent Tay on February 7th, 2011
The latest three Build-To-Order (BTO) projects by the Housing Board Development in Bukit Batok and Yishun are not seeing the same level of interest as the previous project in Punggol. I believe it is the popularity or acceptance of Punggol due to the immense improvements to the Punggol town. Technically speaking, the units still get [...]
Pasir Ris Retail shop for takeover
Posted by Agent Tay on February 6th, 2011
Popular stretch for Working professionals, students, family, NS Men, within visual distance from MRT main exit. Excellent visual frontage, suits F&B only, great for takeaway, bakery, breadshop, pizza, cupcakes, crepes would be a great hit Size: 140sqft Tenancy – till July 2013 Rental and takeover fee upon asking We welcome co-broke for this case. Interested [...]
High HDB Prices and valuation – Govt at fault?
Posted by Agent Tay on February 6th, 2011
I read with interest a post on the Temasek Review about property prices. Although I am not going to be making political statements about property and how it is linked to our ruling PAP party, I see it as 2 separate issues and it should not be politicized. During this CNY period, conversation inadvertently drifts to [...]
