THE Government has wasted no time in tackling a thorny problem that had sprung up over the wrong type of tenants using factory space to get cheap rent. The prompt action seems to have been set in train by a no-nonsense blog post by National Development Minister Khaw Boon Wan last week. He suggested that […]
Tag Archives: singapore property market
Rent rises beat capital growth in major cities
RENTAL values are rising faster than underlying house prices in many of the world’s leading cities such as Paris and Hong Kong. An average rental growth of 2.3 per cent from June to December last year, as compared with just 1 per cent growth in capital values. Paris overtook London as the most expensive rental market, […]
Shoe-box factories and unlawful tenants
THE shoe-box factory has caught the national development minister’s attention, and it’s not all good. Writing in his blog, Khaw Boon Wan said that shoe-box apartments serve a purpose as many singles do find them adequate for their housing needs. ‘But shoe-box factories? As small as 50-80 sqm (smaller than a typical 7-Eleven shop)? Can a factory […]
Resale market takes a dive after cooling measures
SALES of new homes might be defying gravity and shattering records, but the story is vastly different for home resales. Experts say both the resale of finished homes, and the quick resale – or subsale – of homes bought but not built yet, to earn easy profits, have taken a dive. They feel last December’s property cooling measures played […]
More choice for Sers flat owners
THE Government has given a boost to Housing Board homeowners affected by en bloc redevelopment of their estates. They will now be given priority in the selection of any Build-To-Order (BTO) flat across the island, instead of just the replacement flats allocated to them near their current homes. They will also receive concessions which could […]
Second-time buyers get a better shot at EC units
Last Friday news that second-time buyers of public housing units would be given more chances to purchase executive condominium (EC) units; the previous 5 per cent limit increased to 30 per cent of units in ECs will now be set aside for this class of house hunters. ECs are sold by private developers with condominium-like […]
Idea for Flats with Shorter Leases May Not Fly
(I think this is a bad idea. Read on…) Straits Times 02 Mar 12 Summary: A MP has proposed that the Government sell new flats with shorter leases, as that would mean cheaper flats which would be a boon for young couples. (Sometimes, I look at a young couple, and I wonder if their expectations are […]
Sentosa Cove Bungalow fetches Record $39 M
Business Times – 01 Mar 12 Summary: A sea fronting bungalow at Cove Drive has changed hands at $39 million, a record absolute price for a bungalow in upscale waterfront residential district of Sentosa Cove – $2,448psf on land area of 15,929sqft. Surpasses the previous high of $36 million for a bungalow on Paradise Island that was transacted in […]
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 […]
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, […]
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 […]
Part 5: Finding the correct market suitable for your investing style
Many a times, investors prefer to invest in their country of residence or birth. After looking part 1, 2, 3, and 4, it is now time to use the information that you have gathered to decide on where you are suitable to invest in your country of residence or birth. Why do I emphasize more […]
Part 4: Knowing, and understanding the characteristics of the property market that you are interested in
Knowing and understand the characteristics of the property market will help you decide whether you want to invest in the property market. Find out about the following: What is the rental yield? – This will determine as a general rule of thumb how much you can rent out your property. What is the interest rate? […]
Part 3: Knowing what and where your priorities are
Property investing is a long-term plan, aimed at wealth accumulation. Money is just a method of keeping score. Let us not forget why money was created in the first place. Money is just printed paper, with a value that everyone agrees upon at that point in time. It was created to be used as a […]
Part 2: Knowing Your Investing Style
Your investing style is partly influenced by your holding capacity, but mostly influenced by your investing EQ towards property. What is holding capacity? In any economy, there are always upturns and downturns. It is during the downturn that everyone should be more mindful of. During the downturn of the economy, jobs are lost and businesses are […]
How to Invest in Properties And Sleep Soundly At Night
It is not easy to predict where the property market is going, whether it is in Singapore or Australia. Not even the property market “experts” can do it accurately. Why is that so? Actually, the reason is simple. It is because what property market experts do, is to crunch the numbers. They do not have […]
The Importance of Tax Agent and Property Manager when investing in Australian properties from abroad
Here I go again, I thought wryly. Who is the idiot who invented giving things for free when there is an unseen cost to it? I was meeting a client, explaining to him about property investing in Melbourne. There are certainly many differences between investing a property in Melbourne and Singapore. But one question that […]
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 […]
Latest Singapore & Melbourne Property News and Insights for Investors in Singapore 