Slower take up rates could dampen performance of property stocks

Property sales in Singapore have fallen by 27 percent so far this year. The anticipated slower property sell-through rates, due to more launch units in August, could continue to dampen the performance of property stock prices, said CGS-CIMB. This…

The effects of property curbs more evident in resale market

Prices of resale condos in the suburbs fell the most by 1.6 percent in August from the previous month. The brunt of the government’s latest property cooling measures has been more evident in Singapore’s resale market than the new…

New private home sales plunged in August

Artist’s impression of JadeScape, a new private housing development near Marymount MRT station. Following the introduction of new property cooling measures on 6 July, new private home sales in Singapore declined sharply in August on both…

Laguna Park makes third try at collective sale with $1.48b reserve price

The 99-year leasehold condo at Marine Parade Road is near the upcoming Siglap MRT station. (Photo: Knight Frank) After two en bloc sale attempts in 2007 and 2010, owners of former HUDC estate Laguna Park are making another bid at a collective…

Two freehold condos in District 9 up for en bloc sale again

Located near Orchard Road, Grange Heights is making a second attempt at a collective sale. (Photo: Colliers International) Undeterred by the government’s property cooling measures, two freehold condos in District 9 near the Orchard Road…

Close fight for Sengkang EC site

Location map of the land parcel at Anchorvale Crescent. Source: HDB Competition was tight for an executive condominium (EC) site measuring approximately 184,464 sq ft at Anchorvale Crescent in Sengkang, which attracted a total of seven bidders…

Singapore posts 9th largest growth in home prices globally

Despite several rounds of property cooling measures, home prices in Singapore are still rising fast, according to a Knight Frank report.  Prices of private non-landed homes in Singapore grew by 9.3 percent on an annual basis, representing…

Fewer en bloc transactions expected for the rest of 2018

There was about $10.5 billion worth of en bloc deals in the first half of 2018. With the en bloc fever driving real estate activity in the first half of the year, the government’s surprise property cooling measures in July dealt a huge…

The Jovell opens for preview this weekend

Artist’s impression of The Jovell along Flora Drive. The Jovell, a 428-unit residential development along Flora Drive, will open its showflat for preview this Saturday (15 Sept). The 99-year leasehold condo is being developed by Tripartite…

Preparations to make when your property is going en bloc

It has finally come true – your housing estate has been pin-pointed as “The-One” by a developer, who is going to take it out of your hands in return for a handsome sum of money. It may be your golden ticket to that dream home…