Bedok Residences is the latest HOT property in Singapore!

Do you know: On the first day of the launch, more than 350 units of the 450 units were sold?   98.1% of 1 bedroom + study were sold within the first day (only 2 units were left!)   The BEST among all 2 bedroom units were all sold!   Even The BEST among all […]

HOUSING STRESS: PM struggles to find a rental property – News.com.au 28 Oct 11

Prime Minister Julia Gillard and her partner Tim Mathieson need to find an alternative to the Lodge. PM wants a rental property while the Lodge is being renovated Security demands making the choice more difficult One in ten Aussies in housing stress PRIME Minister Julia Gillard is experiencing Australia’s housing crisis first hand in her […]

Housing sector ‘making a comeback’ – AAP 02 Nov 11

THE housing sector is set to make a comeback, getting a further boost from yesterday’s interest rate cut, economists say. Australian residential building approvals fell 13.6 per cent to in September, seasonally adjusted, the Australian Bureau of Statistics (ABS) said on Wednesday. Economists’ forecasts had centred on a five per cent fall in approvals in […]

Building approvals fall 13.6 per cent – News.com.au, 02 Nov 11

AUSTRALIAN residential building approvals fell 13.6 per cent to 11,889 units in September, seasonally adjusted. This compares to a downwardly revised 13,758 units in August. In the year to September, building approvals were down 12 per cent, the Australian Bureau of Statistics (ABS) said on Wednesday. Economists’ forecasts had centred on a five per cent […]

S’pore, US among top destinations for rich Chinese migrants – The Straits Times 4 Nov 11

About 60 percent of the rich Chinese people, each of whom has a net asset of at least 60 million yuan (S$12.12 million), said they intended to migrate from China, a report has found. About 14 per cent of them have either already migrated from China or have applied for migration. The three most favoured […]

Green Lodge put up for collective sale, EOI at Oxley – Business Times 3 Nov 11

Green Lodge, a freehold development located on Toh Tuck Road, has been put up for collective sale. Separately, an Expression of Interest (EOI) exercise was launched yesterday for 71 and 73 Oxley Rise, a freehold site zoned for ‘commercial and residential’ use. The Green Lodge site has an asking price that is above $195 million, […]

Punggol residential site draws top bid from Chinese firm – TODAY 4 Nov 11

A 99-YEAR-LEASEHOLD residential site at Punggol Central/Edgedale Plains drew a top bid of $215.87 million yesterday, or $330 per square foot per plot ratio (psf ppr). Chinese firm Qingjian Realty (South Pacific) Group trumped four other developers to put in the top bid for the site, which measures 218,034.6 sq ft and has a maximum […]

URA Released Real Estate Statistics for 3rd Quarter 2011

Check out my analysis of the data released! Please click on the picture below to enlarge the font size!

Have Property, May Not Profit – Sunday Times, 16 Oct 11, Invest Section, Page 37

Last Sunday, there was an interesting article about investing in property market in Singapore: Have property, may not profit – Sunday Times, 16 Oct 11, Invest Section, Page 37 In this article, the author, Mr Goh mentioned that he had met up with some old friends who are property investors, and they were musing about their […]

According to Sunday Times on 9th Oct 2011, PM Lee said that Singapore’s housing market should stabilize in 4 years. What does it mean to you?

 What does stabilizing means? A stabilizing property market does not mean that the property prices will drop or remain constant. It just simply implies that property prices will climb at a steady, constant pace. What is driving the property market? One word can sum it all. FEAR. With reports on many foreigners coming into Singapore […]

Latest Australia’s Melbourne Apartments Available for Investors in Singapore! Only 3.5km away from Melbourne CBD!

This new development is located along Victoria Street in Abbortsford (click here for location), one of the most popular suburbs in Melbourne at a short tram ride of 3.5km away from Melbourne CBD. Whether you need to do some grocery shopping, require some banking services, or have some fashion emergencies, Victoria Gardens Shopping Centre is […]

Summary of URA’s New Regulations on Singapore Property Market

The recent measures on 14 Jan 2011 imposed by the Singapore government had taken to ensure that the property market is sustainable has been pretty drastic.  Check out the new regulations here.   A Summary of URA’s regulations: 1. Holding Period for Seller’s Stamp Duties from 3 years to 4 years 2. Seller’s Stamp Duties imposed […]