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Good Class Bungalow sales booming in Singapore

Byron Perry Property Report 15.12.2010
A typical Good Class Bungalow in Singapore.

Total sales of Good Class Bungalows (GCBs) in Singapore this year have reached their highest number ever at S$1.85 billion (US$1.42 billion), up 7.3 per cent from the S$1.72 billion (US$1.32 billion) in sales in all of 2009.

Singapore property set for strong growth in 2011

High-end properties are expected to lead a price increase of between five and 12 per cent in Singapore next year on the back of the city-state’s positive economic outlook.

MediaCorp Singapore plot up for development

OJFall Property Report 10.12.2010

ADB concerned over Singapore’s bank-loans

OJFall Property Report 09.12.2010
MediaCorp Singapore plot up for development

MediaCorp’s pending move from its existing Caldecott Broadcast Centre campus in Singapore will be used for new residential developments, analysts say.

ADB concerned over Singapore’s bank-loans

Concerns about Singapore’s credit lines has been raised by the Asian Development Bank (ADB), as real-estate lending accounts for more than half of total loans in the banking system.

Singapore’s new regulatory body ramps up

OJFall Property Report 09.12.2010
Singapore and Shanghai top investment picks

Singapore and Shanghai have been ranked as the top real estate investment destinations in Asia, whilst Osaka and Manila were deemed the least appealing by an industry survey conducted by the global non-profit Urban Land Institute and PricewaterhouseCoopers.

Singapore’s new regulatory body ramps up

The new statutory board launched to regulate Singapore’s real estate industry has already received 150 complaints National Development Minister, Mah Bow Tan, has revealed. However, he is not surprised by the number, according to ChannelNewsAsia.

Tulip Garden up for sale

The Straits Times 06.12.2010
Tulip gardens has been put up for collective sale, minimum price of $650m. -- PHOTO: CREDO REAL ESTATE (SINGAPORE) PTE LTD

TULIP Garden has been put up for collective sale by property consultant Credo Real Estate for a minimum price of $650m.

Housing issues, property market cooling measures raised at dialogue session

SINGAPORE : Minister in the Prime Minister's Office Lim Hwee Hua said the government had to step in with cooling measures to minimise speculation in the HDB market because of a small group of private property owners.

Singapore ranks top for property investments: Survey

Singapore and Shanghai rank top among Asian cities as the best real estate investment destinations, while Osaka and Manila are seen as the least ideal, an industry survey showed on Monday.

Monetary Authority of Singapore: Property prices will continue to grow

Real estate in Singapore is generally though of as being overpriced – but the country’s central bank has said that prices are set to keep rising in 2011.

Rental returns

Property Report 02.12.2010

Singapore market shows signs of cooling

Byron Perry Property Report 30.11.2010
Rental returns

Recent reports indicate that the private residential market in Singapore has been on the uptrend since the beginning of 2010. Rental rates for non-landed private residential units rose by almost 6 per cent during the first five months. Median rentals in January amounted to S$2.84 (US$2.11) per sq ft and rose to S$3.01 (US$2.24) per sq ft in May.

Singapore Development Minister Mah Bow Tan

Singapore National Development Minister Mah Bow Tan has said that the cooling measures recently passed by the government are beginning to take effect, Channel News Asia has reported.

More Chinese buyers in Singapore property market

Kanchana Paha Property Report 26.11.2010
Singapore Property Prices Could Rise Again Despite Cooling Measures

Following the Monetary Authority of Singapore (MAS) decision to take further measures to cool real-estate prices, enough land to generate 14,300 private residential units has been released under the government land sales programme for the first half of 2011. However, a Financial Stability Review released by MAS afterward stated that low borrowing costs may cause property prices in the city-state economy to rise further if capital inflows persist at current levels.

More Chinese buyers in Singapore property market

Chinese buyers in the Singapore property market have grown significantly in number from last year, according to property consultant DTZ.

S'pore tops in office rental growth

Esther Teo The Straits Times 24.11.2010
Singapore market shows no sign of the Hong Kong-style property curbs

The property curbs in Singapore are unlikely to affect the market as much as they currently do in Hong Kong, according to industry experts.

Singapore tops in office rental growths according to the survey by property consultancy Jones Lang LaSelle (JLL). -- ST PHOTO: JOYCE FANG

OFFICE landlords here have much to cheer about after rises in third-quarter Grade A rents outshone gains in other Asia-Pacific business centres.

Higher demand for small-sized units in Singapore

Kanchana Paha Property Report 24.11.2010
Higher demand for small-sized units in Singapore

A higher proportion of smaller-sized units being transacted in Q3/2010, said DTZ Research’s latest report. The number of transactions for units below 500 sq ft increased from 349 in Q2 to 625 in Q3. Eighty-seven per cent of the 625 units transacted in Q3 were purchased from developers reflecting the current trend among developers to offer units with digestible quantum.

Singapore: More Steps Required for Prevention of Property Market Bubble

The Ministry of Finance warned that Singapore will need to be “vigilant about the possibility of a property market bubble and take further measures where necessary”.

The bungalow train continues to gather momentum

Kalpana Rashiwala The Business Times 23.11.2010
The bungalow train continues to gather momentum

A BUNGALOW at 6 Coronation Road West, in the Oei Tiong Ham Park Good Class Bungalow (GCB) area, was sold at a Colliers International auction on Thursday for S$26.6 million.


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Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.