Changing home investment scene
Non-landed residential market most likely to gain from influx of foreign talent, say CHUA YANG LIANG and JACQUELINE WONG SINGAPORE’S non-landed residential market put in a strong performance last year, sub-prime notwithstanding, driven by the luxury and prime segments whose resale capital values saw stunning year-on-year growth of 51.7 per cent and 50.6 per cent … Read more
Prices and rentals of landed homes set to rise
Land scarcity in Singapore should ensure sustainable capital growth in landed housing in the medium to long term, write STEVEN MING and AVIN SEOW LANDED homes saw their strongest price rise last year since 1994 but they have yet to catch up with their non-landed counterparts, leaving room for more capital as well as rental … Read more
Home prices surpass 1996 levels
Even if the US sub-prime problem drags on, mid and mass market homes would still see price increases this year, says HAN HUAN MEI RESIDENTIAL property prices in Singapore saw phenomenal growth in 2006-7. Robust economic growth of about 7-8 per cent in the past three years, a growing number of millionaires and anticipated spinoffs … Read more
Househunt 2008: Your guide to major projects
Source : Business Times – 27 Mar 2008 Email lushhome@gmail.com for projects information or private previews
Residential rents seen rising further
En bloc sales and population increase caused by influx of foreigners will continue to fuel demand, writes LEONARD TAY RESIDENTIAL rents bottomed out in 2004, recovering until 2007 when they staged an extraordinary rise, surging by more than 40 per cent within the year. This was the highest rate of increase in Urban Redevelopment Authority’s … Read more
Seven tips for buying a second home
There are still pockets of new developments in Singapore that are priced below $1,000 per sq ft, writes PETER OW HOUSE hunting can be challenging at a time when sellers are holding firm despite a quieter property market while buyers are expecting a steeper discount based on weaker sentiment from the US sub-prime woes. Those … Read more
Don’t overpay for your home loan
With over a hundred home loan packages available in Singapore, DENNIS NG discusses how to pick the right one WHAT interest rate are you paying on your housing loan? If you are paying 3.5 per cent or more, you might be overpaying. With the US Federal Reserve cutting interest rates, the Singapore Inter-bank Offered Rate, … Read more
HDB resale buzz set to continue
But increasing buyer resistance and and an expected surge in supply may take away some sheen, says EUGENE LIM HDB resales prices accelerated their climb in the second half of 2007 for a full-year gain of 17.5 per cent, on the back of a strong economy, brighter job prospects and supply-demand factors. The HDB Resale … Read more
Dhoby Ghaut set to turn super hip
COME early 2009, the vacant space above Dhoby Ghaut MRT Station may just be the hippest spot in town, playing host to flea markets, soccer matches, buskers and community performances. Unveiling a plan to transform the area, the Urban Redevelopment Authority (URA) said yesterday it will spend an estimated $4 million on a sculptured outdoor … Read more
KL office sector continues to shine
WITH Kuala Lumpur office rentals still hovering at 1995 prices, it’s little wonder that the Malaysian capital remains one of the cheapest places in Asia to base an office. It costs employers just US$3,120 annually to establish a workstation per employee, according to a DTZ survey on global costs. That’s five times less than in … Read more
