Rising prices of industrial property not sustainable
Prospects of higher investment yields are driving demand and prices of industrial properties. The robust economic growth since the rebound from the US debt crisis in 2008 has generated a lot more...
View ArticleProperty owners, managing agents must rely on contract
The working relationship between property owners and their managing agents is ultimately based on a contract, Minister for National Development Khaw Boon Wan said in a written response to a...
View ArticleSuper prime home sales value to rise 27%
The value of residential property purchases worth more than US$15.5 million (S$19.18 million) in London, New York, Hong Kong and Singapore is expected to rise by 27 percent in the next five years,...
View ArticleLarge spike in new private home sales
New private home sales in Singapore for the month of June rose 24 percent month-on-month to reach 1,806 units, according to data from the Urban Redevelopment Authority (URA). Compared to the same...
View ArticleResidential investment down 37%
Residential investments in Singapore for 2013 declined by around 37 percent year-on-year to S$6.4 billion, on the back of fewer transactions for Government Land Sales (GLS) sites and tepid activity in...
View ArticleLuxury homes left empty in quiet market
COMPLETED luxury homes without owners are gathering dust in exclusive pockets of the city centre as developers hold off selling them in a moribund luxury market. In the Ardmore Park area off Orchard...
View ArticleS’pore is 6th costliest for home, office rents
The new Savills Live/Work Index has ranked Singapore the world’s sixth most expensive city for companies to locate employees, a position held since 2008. The index measures the total costs per employee...
View ArticleHome prices correction not there yet
PROPERTY prices in Singapore have not seen a “meaningful correction” yet, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam on Tuesday. “We have seen some correction in both...
View ArticleStriking a precious housing balance
FEWER applicants for new flats and five consecutive quarters of resale price falls have seen the Housing Board market going off the boil. The operative word is “going”, denoting an incomplete market...
View ArticleHome sellers hold out for better prices
As property prices continue to slide, more home sellers are choosing to rent out their units first in the hope of fetching a better selling price once the residential market recovers, media reports...
View ArticlePressure mounts as developers compete with home sellers
Singapore’s sluggish property market has resulted in developers competing with home sellers, with resale transactions accounting for 45.5 percent of total private home sales, media reports said. In...
View ArticleFewer private homes sold for over $1.5m
There were 4,153 residential properties sold for more than $1.5 million in 2014, revealed the Ministry of National Development (MND) in a written reply to a query by Non-Constituency Member of...
View ArticleLuxury prices fell 12.6% y-o-y in Q1
Prices of luxury residential property in Singapore were noted as being the worst performing of the 35 global cities monitored by real estate firm Knight Frank in its latest Prime Global Cities Index....
View ArticleMore empty homes on the horizon
The housing vacancy rate in Singapore may hit a record high of 9.8 percent in 2016 as private home completions rise from 19,900 units in 2015 to 20,900 by the end of next year, according to media...
View ArticleShoebox influx in 2017
Investors of shoebox units may face some difficulty renting them out, reported The Straits Times. This is because a bumper supply of shoebox units are expected to enter the market, peaking by around...
View ArticleAn opportune time to ease cooling measures
With the residential market stabilising, analysts believe that this could be an opportune time to tweak the property cooling measures. Private resale home prices have fallen by around eight percent,...
View Article5 tips when navigating Singapore’s property market in 2016
Developers are bracing for a tougher market ahead as many unsold units remain, while tenants are calling the shots amid a weakening rental market. By Khalil Adis The Singapore property market faces a...
View ArticleResidential properties dominate Q1 mortgagee listings
15 landed homes were put up for mortgagee sale in Q1 2016. Out of the 70 properties that banks placed on the auction block in Q1 2016, 48 were residential units consisting of 15 landed properties and...
View ArticleRising prices of industrial property not sustainable
Prospects of higher investment yields are driving demand and prices of industrial properties. The robust economic growth since the rebound from the US debt crisis in 2008 has generated a lot more...
View ArticleProperty owners, managing agents must rely on contract
The working relationship between property owners and their managing agents is ultimately based on a contract, Minister for National Development Khaw Boon Wan said in a written response to a...
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