Developers ponder tricky math before new launches
Apart from pricing, a host of factors are critical in their launch decision THE recent spurt of purchases at projects like Nassim Park Residences, Dakota Residences and Clover By The Park, has got many industry players preparing for possible launches to ride the current buying wave. Studying the extent of competition from secondary market deals … Read more
Property yield spreads widen but investors wary
Optimistic outlook for Asia-Pac market, says DTZ report Institutional investors are seeing some property yield spreads over 10-year bond rates widen globally but DTZ Research believes the correction in real estate markets has some way to go. According to a recent DTZ Research report, Money Into Property, the yield spread over the local 10-year bond … Read more
IRs to stoke housing demand, say analysts
Property analysts say prices are likely to fall further in the third quarter, but experts rule out massive declines because of the multiplier effect from Singapore’s two multi-billion-dollar integrated resorts (IR) now under construction. Housing demand is expected to pick up when the first IR in Marina Bay opens next year employing thousands of workers, … Read more
Buying a house is like finding a partner
When it comes to finding domestic bliss, follow your head, not your heart WITH the cooling property market, I thought it would be the perfect time to cash in on a modest, entry-level home. After three months of searching, I have had an epiphany: Buying an apartment is a bit like shopping for a partner. … Read more
Market-based pricing has cost buyers dearly
I REFER to the Insight interview with National Development Minister Mah Bow Tan (’HDB neighbours from hell? This minister knows all about it’, June 27). Private property is mostly beyond the reach of young couples. Even with HDB flats, they are caught either waiting as long as six years for an expensive new flat or … Read more
Fix resale levy as percentage of cash proceeds from sale
THE HDB requires home owners who sell their flat and buy another new one, to pay a $40,000 resale levy. The rationale behind the levy is simple: To prevent second-time new flat buyers from benefiting equally with first-timers and so reducing the chances of first-timers getting a flat of their choice. However, $40,000 is quite … Read more
Analysts say Singapore’s property boom cooling
Singapore’s booming residential property sector is finally showing signs of cooling but projects including the two integrated resorts developments should underpin long-term prices, analysts say. The market was described by real estate giant Jones Lang LaSalle as the world’s hottest in 2007, when the city-state’s property prices surged 31 per cent overall. But this year … Read more
Signature @ Lewis
Inspired lesisurely living. D10 location, freehold. Enticingly near Orchard. Abundant greenery. Lovely unobstructed views. SIGNATURE AT LEWIS – EVERYTHING A PREMIER ADDRESS SHOULD BE Location : 1 Lewis Road (District 10) Tenure : Freehold Expected Completion : 31 Dec 2011 Total Units : 32 (1 block, 12- storeys) Unit Types : 1 BR [635sqft] 2 … Read more
