Five reasons why you should buy a property now
With house prices on the rise, despite the new cooling measures, is now really the right time to buy a property? Award-winning property agent Kelvin Fong thinks so. Here are his five reasons why buying a property today could be the best decision you ever make.
1. Low interest [...]
singapore property
singapore property market,singapore property market news
So what are some of the changes? To summarise, the latest round of anti-speculation measures for private properties are as follows:
Increase the holding period for imposition of Seller’s Stamp Duty (SSD) from the current one year to three years.
Increase the minimum cash payment from 5 percent to 10 percent of [...]
British buyers lose interest in Southeast Asian properties
Cash-strapped British buyers seem to have lost interest in properties located in Southeast Asia, based on data released by RightMove Overseas, a leading property website in the UK.
The results of the report, which compared search statistics between July 2008 and July 2010, do not bode well for countries [...]
Singapore property firms wooing Chinese investors
Several Singapore-based property companies have been doing extra work to attract Chinese investors to invest in the Singapore property market.
According to several property firms, 60 percent or 6 out of 10 prospective Chinese customers are inquiring about Sentosa Cove, which offers luxurious waterfront living. It seems that Chinese investors are [...]
singapore property news
Q2 investment sales market improves
Singapore’s investment sales market in the second quarter has strengthened further, recording a 24.3 percent jump to S$7.11 billion, compared with S$5.72 billion in the first quarter this year, according to property consultancy group Colliers International.
The group said the increase in the investment sales market was largely attributed to [...]
Holland Tower, a freehold residential redevelopment site located in District 10 has been put up for sale through a public tender by Jones Lang LaSalle (JLL).
The URA said the redevelopment of the 21,879-sq-ft site, which is zoned for residential use, can maintain its current height and can be redeveloped into a boutique residential development with [...]
High-end market has room for growth
Singapore has long been regarded as a safe investment haven, which is why foreigners are snapping up property throughout the island.
Foreigners have bought around 23,000 non-landed private homes since 2007, 35 percent of which are high-end homes in Districts 1, 2, 4, 9, 10 and 11, according to the URA’s [...]
Economists said Singapore is set to become this year’s fastest-growing economy in the world, following the government’s upgrade of the annual growth forecast to 13-15 percent.
The new estimate, up from the previous prediction of a 7.0-9.0 percent expansion, exceeds forecasts of about ten percent growth in regional powerhouse China and comes in spite of fears [...]
Singapore real estate prices jumped to a record high in the second quarter as the city-state’s economic recovery broadened.
Private residential property prices rose 5.2 percent in the April-to-June period to the highest level since the government began the index in 1975, the Urban Redevelopment Authority said Thursday.
Prices leapt 5.6 percent in the first quarter and [...]
It’s official – Singapore’s private residential property market cooled significantly in May.
The number of caveats lodged fell 41 per cent on-month to 1,979, according to latest figures from Singapore Institute of Surveyors and Valuers.
Still, property analysts do not expect foreign investor’s appetite for homes to be dampened.
Industry data showed that District 4, which includes the [...]
