Property News

What can you buy for $1.5 mil in the prime districts?

Homebuyers seeking a property in the prime districts may want to zoom in on EdgeProp’s list of 22 projects. The list was compiled following the EdgeProp-Knight Frank Homebuyers’ Sentiment Survey, where potential homebuyers showed a preference for condominiums in the prime districts. A large proportion of them also indicated a preference for properties priced below $1.5 … Continue reading What can you buy for $1.5 mil in the prime districts?

‘Long winter’ ending for S’pore property market, say analysts

Singapore home prices have risen for two consecutive quarters, and are expected to increase by about 5.5 per cent this year.PHOTO: ST FILE The worst may be over for Singapore's property slump. After a four-year slide in private residential prices, analysts are now calling an end to the property downturn. Singapore home prices have risen … Continue reading ‘Long winter’ ending for S’pore property market, say analysts

Commentary: What happens when the en bloc musical chairs stop?

Two National University of Singapore experts discuss the impact of collective sales on the private housing market, including whether prices will continue to edge up. Prospective buyers at a condominium showroom. (TODAY file photo) SINGAPORE: 2017 has been a year of revival for the Singapore property market. A surge in transaction volume in the private … Continue reading Commentary: What happens when the en bloc musical chairs stop?

Marina One, Duo set to make big impact on property scene

The two eye-catching developments that have been built on sites that were part of a landmark pact between Singapore and Malaysia look poised to make a major impact on the commercial and residential property markets. Blue-chip tenants, including Facebook and Prudential, have already signed up for office space at the integrated developments, while many of … Continue reading Marina One, Duo set to make big impact on property scene

Developer sales of private homes, ECs hit four-year high

Developer sales of private homes and executive condominiums (ECs) hit the highest in four years in 2017. There were 14,707 units moved, according to early estimates, 23 per cent higher than the 11,971 units sold in 2016. These included 10,682 private residential units, 34 per cent more than the 7,972 units sold in 2016. Sales … Continue reading Developer sales of private homes, ECs hit four-year high

Home loans get pricier as banks hike interest rates again

Home loans are getting more expensive as banks jack up mortgage rates again to as high as 2.05 per cent, the second increase in as many months, in line with sharply higher interest rates. This could dent some of the enthusiasm in the buoyant property market. One banker also warned that rising interest rates, coupled … Continue reading Home loans get pricier as banks hike interest rates again

SingHaiyi bags Clementi residential site for $841m

It is third time lucky for the owners of Park West. Developer SingHaiyi Group has snagged the residential site in Clementi for $840.9 million amid the ongoing collective-sale fever. Park West is located in Jalan Lempeng, near the Clementi MRT station. It is being acquired by Sing-Haiyi Gold, a 50-50 joint venture between SingHaiyi's wholly … Continue reading SingHaiyi bags Clementi residential site for $841m