Entries by The Colab Team

Investors eschew property developers post cooling measures

Weak interest seen for developer shares in Singapore.  Stock pickers are shunning home builders in favour of Singapore real estate investment trusts (S-REITs) following the imposition of new real estate curbs in July, reported Bloomberg. “The market had not expected the severity of the measures announced,” said Vijay Natarajan, an analyst with RHB Research Institute […]

This post was originally posted on Property Guru Property Market News Section

300 JadeScape units sold at weekend launch

Buyers waiting for their numbers to be called during the balloting process at JadeScape’s showflat. (Photo: Qingjian Realty) Qingjian Realty’s JadeScape condo received robust interest during the launch of Phase 1 as buyers snapped up 300 of the initial 480 units released. With interest balanced across all unit types, buyers picked up their units at […]

This post was originally posted on Property Guru Property Market News Section

Where to buy a condo for less than $750k

Artist’s impression of Jui Residences, a new freehold condominium next to the Kallang River. Do you want to own a freehold condo, but can only afford a leasehold property?  Then check out Jui Residences by Malaysian developer Selangor Dredging Berhad. Freehold condo at leasehold prices At the 117-unit freehold condominium, buyers can choose from one- […]

This post was originally posted on Property Guru Property Market News Section

Where to buy condo for less than $750k

Artist’s impression of Jui Residences, a new freehold condominium next to the Kallang River. Do you want to own a freehold condo, but can only afford a leasehold property?  Then check out Jui Residences by Malaysian developer Selangor Dredging Berhad. Freehold condo at leasehold prices At the 117-unit freehold condominium, buyers can choose from one- […]

This post was originally posted on Property Guru Property Market News Section

Good time to rent private condos as opposed to buying

The new supply of private homes in the market will cap any rental increase. While rents of private homes in Singapore edged up in the second quarter, it’s still about 12 percent lower than the peak in Q3 2013, giving people a feasible alternative of leasing houses instead of buying, reported Singapore Business Review. “Rental […]

This post was originally posted on Property Guru Property Market News Section

Is your property agent any good?

We have all heard horror stories of property agents (such as the story of the agent who embezzled $830k from his overly trusting client), each with varying degrees of awfulness. We have also heard of good experiences with property agents, whether it be from our relatives or friends, who have had smooth transactions because of […]

This post was originally published on Redbrick Blog Section

Developers work harder and take more prudent approach amidst property curbs

It could take several years for the market to absorb the pipeline supply of private homes. The government’s latest property cooling measures made it harder for developers to offload the nearly 46,000 private residential units expected to come onstream in 2019 and 2020, said Augustine Tan, president of the Real Estate Developers’ Association of Singapore […]

This post was originally posted on Property Guru Property Market News Section

Freehold condo Yuen Sing Mansion up for collective sale at $17m

The reserve price works out to around $753 psf ppr after taking into account the 10 percent bonus balcony space and development charge. (Photo: JLL) Yuen Sing Mansion, a four-storey residential development at Nos. 6A – 10C Geylang Lorong 13, has been put up for collective sale, with the owners expecting bids in excess of […]

This post was originally posted on Property Guru Property Market News Section

This is what a $6 million condo showflat looks like

A scale model of JadeScape. (Photo: Qingjian Realty) We recently met up with Qingjian Realty’s deputy general manager Yen Chong, who took us on a tour of JadeScape’s mind-blowing showflat next to Bishan MRT station. JadeScape’s showflat and the upcoming 99-year leasehold development, which is located on the former Shunfu Ville site, boasts a few […]

This post was originally posted on Property Guru Property Market News Section