Topic of Interest: #Condominium (6,738 Articles Found)
Covid-19 may have left much of the Singapore property market unscathed in 2020, but the economic effects of the pandemic has undoubtably impacted investor-landlords. According to the URA Rental Index, condo rents declined by 0.5% y-o-y in 2020.…
Prices of public housing resale flats surged to multi-year highs last year in defiance of the largest recession since Singapore’s independence, while private property prices also climbed, based on data released by the authorities on Fri. Some property…
Singapore saw private home prices increase for a third consecutive quarter by 2.1% q-o-q during the fourth quarter of 2020 – the steepest quarterly increase in over two years. For the whole of 2020, private home prices rose…
The Reef at King’s Dock previewed over the weekend of Jan 16–17 and drew 1,300 visitors. It will be officially launched on Jan 30–31. The 429-unit luxury condominium, which sits on a 284,266 sqft, 99-year leasehold land strip…
The most profitable deal during the week of Jan 5 to 12 was the sale of a 1,830 sqft three-bedroom unit at Sommerville Grandeur in District 10. Bought for $1.59 million ($869 psf) in Feb 1995 and sold…
A three-bedroom unit at the Grand Duchess at St Patrick’s, located on Saint Patrick’s Road in District 15, is on the market for $2.5 million, or $1,799 psf on the floor area. The 1,389 sqft unit is listed…
Talk of another round of property cooling measures has intensified in the wake of recent ministerial remarks that the Government is keeping a close watch on the market, which has so far defied the pandemic-induced recession. This comes…
When UOL Group sold 442 units at the Clavon condo along Clementi Ave 1 by the end of the first day of its public launch, Dec 12, it achieved the best launch-day sale volume for a Singapore private…
The casual real estate observer must be left wondering about the government’s intentions when not one, but two, ministers sounded out warnings about the property market on 18 Jan 2020. The warning was directed to both developers and…
1) Limited supply of land in limited places – For 1H 2021, there are only three confirmed residential sites. So coupled with the healthy uptick in transaction volumes, we do expect more collective sale interest in the coming…
A feared slump in the private property market did not quite materialise in 2020; and with the ongoing momentum in the sales of private homes, things may have turned a corner for developers heading into 2021. Despite the…
Higher unemployment is a symptom of Singapore’s worst recession since its independence – but all those dour numbers have not deterred home buyers here. Besides signalling the lure of cheap debt, the exuberance in the property market today…
Singapore may be considering another round of measures to cool residential prices, according to market analysts, who see recent ministerial remarks as a signal for the possible move. Comments made by the city-state’s DPM indicate the government is…
As the Singapore property market maintains its upward trajectory in 4Q2020 despite the country entering the worst recession in 20 years, DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong has identified four factors…
A woman went on trial on Tues for allegedly abusive behaviour, such as repeatedly splashing water down into her first-floor neighbour’s condominium unit and deliberately bouncing a ball and causing “unreasonable noise”. Madam Helen Lim Hai Loon is…
1) Affordability – It’s imperative that you perform detailed calculations of your finances, set a budget, determine how much you need for your cash outlay, and the home loan options available. The main costs you need to take…
The Singapore government is monitoring the developments in the property market “very closely”, and will adjust policies if necessary, to maintain a stable and sustainable property market for Singaporeans, said MND Minister Desmond Lee. Speaking at BCA-Redas Built…
Residential property prices in Singapore will probably go on a stable and gradual uptrend, instead of “shooting up”, due to a K-shaped economic recovery. That’s according to OrangeTee & Tie CEO Steven Tan, who does not expect the…
Once we were invited to a friend’s housewarming party. The young couple was pleased to show us around. Suddenly, the wife lamented that they were upset about the agent who sold them the flat and the contractor who…
Chinese developer Kingsford Huray Development’s Normanton Park, the first new residential project launch of 2021, sold about 600 residential units by 9pm on Jan 16, the first day of its launch. That is equivalent to 32.6% or one-third…
Normanton Park is shaping up to be one of the hot launches of 2021. It’s close to the One-North tech hub, an area where housing options have been few to date; and we won’t be too surprised if…
After topping their 2019 sales performance last year despite the pandemic-induced recession, developers are poised to continue their new project launch momentum this year. JLL Singapore’s senior director of research and consultancy, Ong Teck Hui, noted that for…
The country may be going through its worst-ever recession, but Singapore’s property market, which has repeatedly surprised observers with its continued growth in prices and sales transactions, has recorded another batch of upbeat data. According to figures released…
Singapore saw total property investment volume for the fourth quarter of 2020 hit $3.33 billion, while the full-year investment tally stood at $23.7 billion, revealed a C&W report. Residential investment volume doubled from $0.82 billion in Q3 2020…
A two-bedroom unit at Southbank, located on North Bridge Road in District 7, will be put up for auction on Jan 20. The 958 sqft unit will be offered with a guide price of $1.68 million ($1,753 psf)…
With Singapore’s EV charging scene getting more crowded, the newest entrant to the market has come up with an offer to entice private condominium and commercial and industrial building owners. Clean energy developer Urban Renewables will install EV…
The top loss during the week of Dec 29, 2020, to Jan 5, 2021, was incurred by the seller of a four-bedroom unit on the seventh floor at St Regis Residences in District 10. The 2,594 sqft unit…
Mapletree Investments and Keppel Land are jointly developing a new luxury waterfront project, The Reef at King’s Dock, which will open for preview from 16 Jan The Reef at King’s Dock is strategically located in the HarbourFront and…
The rental volume for both HDB flats and condominium units went up in Dec as more overseas Singaporeans and long-term pass holders returned to Singapore. Condo leasings rose 5.3 per cent last month to an estimated 4,414 units,…
Residential property prices have steadily increased in Singapore in 2020 compared to 2019, but the country still ranks low in the Knight Frank Global Residential Cities Index. According to Knight Frank Research, Singapore recorded only 0.7% price growth…
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