By Romesh Navaratnarajah: The 10 percent additional buyer’s stamp duty (ABSD) imposed in December 2011 has affected the demand for Singapore property, but not prices, according to Nicholas Holt, Asia-Pacific Research Director at Knight Frank. “Prices not...
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Tagged As: ABSD, property market
Posted on May 13th, 2012 by
John in
Singapore Real Estate News
By Romesh Navaratnarajah and Cheryl Tay: Why more Singaporeans are asset-rich but cash-strapped. A common gripe amongst many Singaporeans is that they have to spend their savings to pay off home loans and by the time they retire, they find themselves strugg...
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Tagged As: CPF (Central Provident Fund), HDB flats, retirement funds
Posted on May 11th, 2012 by
John in
Singapore Real Estate News
Just last week, PropertyGuru broke a story on a sea-facing bungalow in Sentosa Cove that’s been priced at a jaw-dropping S$108 million (Sentosa Cove bungalow asks a whopping S$108m). The owner who’s a Singaporean will probably do the funky chicken dance ...
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Tagged As: high-end property sales and prices, luxury market so glum, Sentosa Cove, The Marq
The Business Times – Saturday, April 28, 2012 SOME interesting projects received provisional permission from the Urban Redevelopment Authority in the first quarter of this year. In particular, Marina Centre Holdings received the go-ahead for its intended add...
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Tagged As: Ascendas (Tuas), Changi Business Park Crescent, Clerodendrum Land, Hoi Hup Kovan Development, Marina Centre Holdings, Mediapolis, Middle Investment, Midlink Plaza, Oxley Viva, Qingjian Realty
Posted on May 6th, 2012 by
John in
Singapore Real Estate News
by Cheryl Tay Marina Bay could become busier than Raffles Place, as more financial and insurance firms are expected to occupy newly completed buildings within the area. However, Marina Bay’s 2.6 million sq ft of absolute space occupied by financial and insur...
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Tagged As: financial and insurance firms, Marina Bay, Raffles Place
By Romesh Navaratnarajah: Cash-over-valuation (COV) for resale flats has dropped significantly in both mature and non-mature estates, making them more affordable to home buyers. Data from property agencies shows that overall cash premiums fell 30 percent in t...
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Tagged As: Cash Over Valuation (COV), HDB
Posted on April 30th, 2012 by
John in
Singapore Real Estate News
by Lynda Hong Ee Lyn Apr 30, 2012 SINGAPORE – Shophouses have not escaped Singapore’s property boom and every indication is that their price appreciation will continue. In limited supply, they are gaining in popularity as owners look beyond traditi...
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Tagged As: Commercial Property, conservation shophouses, shophouses, Singapore's property boom
Posted on April 29th, 2012 by
John in
Singapore Real Estate News
by Cheryl Tay The Council for Estate Agencies (CEA) is investigating industrial property agents who allegedly offered misleading information on industrial property, after it received numerous complaints involving 26 sales agents. “Under CEA’s Code o...
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Tagged As: CEA, Council for Estate Agencies (CEA), Khaw Boon Wan
By Romesh Navaratnarajah: Singapore’s inflation rate grew sharply in March, driven by the rising costs of housing and cars, suggesting that the Monetary Authority of Singapore (MAS) may tighten its monetary policy further in the coming months. According to...
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Tagged As: Monetary Authority of Singapore (MAS), Singapore’s inflation rate
Posted on April 23rd, 2012 by
John in
Singapore Real Estate News
Trying to control Singapore’s property prices by increasing the supply of land as part of the government land sales program me may no longer be effective. According to Channel News Asia, this means that property prices may continue to remain high due to stro...
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