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Hideaways Club scouting top properties in Singapore

Byron Perry Property Report 23.02.2011
Hideaways Club scouting top properties in Singapore

High-end property fund The Hideaways Clubs is in Singapore checking out top apartments for a new timeshare portfolio called The Hideaways Club – City Collection, the Today newspaper has reported.

Singapore landed homes to remain hot buys, unaffected by anti-speculation measures

Demand for landed properties in Singapore will most likely remain strong in 2011 because buyers of these properties usually occupy them as opposed to speculating for profit, analysts say.

Singapore private home sales drop to three month low

Byron Perry Property Report 19.02.2011
Singapore private home sales drop to three month low

Private home sales in Singapore dropped 10.7 per cent month-on-month to a three-month low of 1,189 in January, according to the latest data released by the Urban Redevelopment Authority.

Singapore ranked world’s 5th most expensive city to rent

Property rents are on the rise throughout Asia on the back of strong economic growth, with Singapore’s 15 per cent rise last year earning it the accolade of the world’s 5th most expensive city to rent a two-bedroom property.

Singapore to crack down on misleading show units

Byron Perry Property Report 11.02.2011
Singapore to crack down on misleading show units

Singapore’s Urban Redevelopment Authority (URA) has said it will review laws in an effort to crack down on developers misrepresenting their projects to buyers.

Prosperous Chinese New Year for Singapore’s Waterfront Isle

Far East Organization turned the normally quiet Lunar New Year period upside down when it sold almost 40 units at its new condominium project Waterfront Isle in one day.

Far East’s Waterfront Isle has strong preview in Singapore

Singapore’s Far East Organization’s sold 88 of the 132 units of its new Waterfront Isle development at a preview yesterday, the Today newspaper reported.

Singapore non-permanent residents in property buying spurt

With more and more property being brought by foreigners in Singapore, the increase in non-permanent residents buying property has outpaced that of permanent residents (PR) the Singapore Business Times has reported.

No significant fall in residential prices in Singapore

Kanchana Paha Property Report 28.01.2011
Singapore’s proposed new loan regulations to have little effect on market

Proposed new regulations by the Monetary Authority of Singapore (MAS) to tighten mortgage equity withdrawal loans (MWL) won’t impact the property market very much if they are implemented, according to an article in the Today newspaper.

No significant fall in residential prices in Singapore

The recent cooling measures announced by the Singapore government will bring down sales volume, but not to the extent of causing a significant fall in prices, according to a report by DTZ Research.

Prices for mass-market condos in Singapore continue to rise

Kanchana Paha Property Report 06.01.2011
Singapore government announces more anti-speculation measures

Singapore’s government announced a new round of cooling measures yesterday aimed at keeping the property market stable and sustainable. The latest measures – the fourth round in 16 months – are as follows:

Prices for mass-market condos in Singapore continue to rise

The latest estimates from the National University of Singapore (NUS) show that prices of non-landed private homes in Singapore’s Central region (districts 1-4 and 9-11) have appreciated 7.9 per cent in the first 11 months of 2010 from the end of 2009, according to The Business Times.

Singapore’s GuocoLand may float 2 REITs

Byron Perry Property Report 30.12.2010
URA: Private property prices up

URA's latest flash estimates says that private residential prices have risen 2.7% in Q4 2010. And for the whole of 2010, prices have risen a whopping-super-duper-mega 17.6%.

Singapore’s GuocoLand may float 2 REITs

Singapore-listed development company GuocoLand Ltd. may launch two REITs valued at up to S$8 billion (US$6.2 billion) over the next three to five years, Singapore’s Business Times reported Wednesday.

The Ritz-Carlton Residences Singapore topping out

Kanchana Paha Property Report 23.12.2010
Singapore National Development Minister Mah Bow Tan said that it will be a few more months before the complete effects of cooling measures passed in August would be felt.

Singapore’s government intervened twice in the property market in 2010 with a cautious approach of incremental steps in order to bring prices down but not crash the market, says National Development Minister Mah Bow Tan.

From left to right: Lee Wui Nghun (Director, Project management of KOP Properties), Ho Chee Siong (Director of Millenium International Builders), Ong Chih Ching (CEO of KOP Group), Ong Pang Aik (Chairman & MD of Liam Beng Group), Ong Lay Huan (Executive director of Lian Beng Group), Joey Ong (COO of KOP Properties), Leny Suparman (CEO of KOP Properties), Jeffrey Teo (Construction director, Group's construction division of Lian Beng Group)

The Ritz-Carlton Residences Singapore celebrated the symbolic topping out ceremony yesterday to commemorate the structural completion of the 36-storey bespoke residence located on Cairnhill Road.

En bloc sales booming in Singapore

Byron Perry Property Report 21.12.2010
The Pine Grove building in Singapore has a rumoured asking price of S$1.7 billion (US$1.29 billion).

Total residential en bloc sales in Singapore in the first 11 months of this year have nearly quintupled the amount for all of 2009, according to recent data from the Urban Redevelopment Authority (URA). So far in 2010, en bloc transactions have totalled S$862.3 million (US$653.7 million) up from last year’s total of S$176.3 million (US$133.6 million).

Credit Suisse: Property prices to rise; invest in Singapore

According to Credit Suisse, residential property prices are expected to rise approximately 5% next year. Why? Low interest rates, increasing population and economic growth.

 
No lack of real estate agents as property market booms

Despite the rise and fall in numbers of agents with respective agencies, the CEA has put the numbers of real estate agencies at around 1,700 with approximately 30,000 agents.

 
 

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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.