All posts in " Singapore "
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Doctor House Calls A First For Singapore Condo

By Kim Wong / 3 years ago

The sales gallery for Gem Residences, the first private condominium to launch in Toa Payoh since 2009, will open (29 April) at Lorong 5 Toa Payoh. Jointly developed by Gamuda Land, Evia Real Estate and Maxdin, the 578-unit project is expected to cater to the pent-up demand for property in the area. A mix of […]

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Many Singaporeans Still Dissatisfied With Housing Market: Survey

By Kim Wong / 3 years ago

Many Singaporeans are still unhappy with the state of the local property market, according to PropertyGuru’s latest Property Affordability Sentiment Survey 2016. About 44 percent of the survey’s 933 respondents reported being dissatisfied with the market. The main cause of unhappiness remains the sky-high property prices. However, the majority of those polled believe home prices […]

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New HDB Flats Now More Affordable

By Kim Wong / 3 years ago

Paying off the monthly instalments of HDB loans for Build-To-Order (BTO) flats has become easier in the past three years, even though the maximum tenure of these mortgages was reduced from 30 years to 25 years in 2013, reported TODAYonline. According to the Housing Board, the debt servicing ratio (DSR), or the proportion of a […]

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Rise of Singapore’s West and North

By Kim Wong / 3 years ago

Property investors have much to be excited about with recently announced plans to develop Jurong. We take a look at the upcoming Jurong Innovation District, as well as Woodlands Regional Centre, and give you the Guru View. Recently announced plans for the Jurong Innovation District (JID) is welcome news for residents of Singapore’s Western region. […]

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$51 Million Top Bid For Sembawang Condo Site

By Kim Wong / 3 years ago

The Urban Redevelopment Authority (URA) announced that it received nine bids for the 75,851 sq ft site at Jalan Kandis in Sembawang, after the public tender closed on Thursday (7 April). It was launched for sale on 25 February. A subsidiary of Tuan Sing Holdings submitted the top bid of $51.07 million, or $481 psf […]

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Chinese Nationals Still Buying Singapore Homes For Their Kids

By Kim Wong / 3 years ago

Despite facing weaker currencies and slowing economies, mainland Chinese and Malaysians remain the top foreign buyers of Singapore property, revealed DTZ. Together, they bought 1,952 private homes in 2015, or 54 percent of total foreign purchases. Specifically, sales to Chinese nationals fell slightly by 3.8 percent to 998 units, while Malaysian home purchases remained largely […]

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HLH Launches Phase Two Of Cambodian Project

By Kim Wong / 3 years ago

Singapore-listed HLH Group has launched phase two of its maiden mixed-use development in Cambodia, after the first phase was sold out. A total of 437 units were released in the latest phase of the D’Seaview project in Sihanoukville, with one- to three-bedroom units on offer. The waterfront development was first launched in September 2015. All […]

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Singapore’s Housing Market Among The Weakest: Knight Frank

By Kim Wong / 3 years ago

Prices of private residential properties in Singapore continued their downward trend, falling by 3.6 percent in the fourth quarter of 2015 from the previous year, according to Knight Frank’s latest Global House Price Index. On a quarterly basis, prices slipped by 0.2 percent from Q3 2015. Singapore was ranked 51st out of the 55 housing […]

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Singapore’s Richest Property Developers Are Now Poorer

By Kim Wong / 3 years ago

Forbes has just released its 2016 ranking of the world’s richest people, with 17 billionaires from Singapore making it on the prestigious list. Close to half of them are involved in the real estate business, but for many, their fortunes have dwindled amid Singapore’s weak real estate market. Property siblings Philip and Robert Ng topped […]

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Singapore Homes Seriously Unaffordable: Report

By Kim Wong / 3 years ago

Singapore’s market cooling measures have been effective in reducing the prices of HDB flats and private homes over the past few years, but housing costs here are still seen as too high, revealed findings published by a global report last month. According to the 12th Annual Demographia International Housing Affordability Survey, Singapore has a “seriously […]

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