Jade Scape: A Nostalgic Haven in the Upscale Market
Jade Scape, which lies where former Shunfu Ville was, is a brand new property launch by Qingjian Realty located along Shunfu Road in District 20. Sitting on a massive 408,927 sqft piece of land, the condo development is expected to yield a total of 1,100 units with an average size of about 1,000 sqft. For [...]
Proptech sector boosts Singapore to 1st rank in Asia in global real estate transparency index
Proptech sector boosted Singapore to 1st rank in Asia in JLL’s Global Real Estate Transparency Index (GRETI) 2018. The 10th edition of GRETI contains the most comprehensive country comparisons of data availability, governance, transaction processes, property rights and the regulatory/legal environment around the world. The proptech sector is all set to not only impact but also [...]
District 9 freehold development launched for en bloc braving new property cooling measures
A District 9 freehold development along Sophia Road, Casa Sophia, is up for collective sale at a reserve price of $36 million. The announcement of the en bloc sale comes on the heels of the new property cooling measures. Image credit: ERA Marketing agent ERA Realty Network said that the reserve price translates into a [...]
Singapore banks will benefit from tighter regulations to cool property market, Moody’s
Rating agency Moody’s said on Monday that Singapore banks will benefit from tighter regulations to cool the property market. In noting the Monetary Authority of Singapore (MAS), Ministry of Finance, Ministry of National Development and Ministry of Trade & Industry instituted new regulations to cool Singapore’s property market price appreciation and transaction volume, the rating agency said “higher [...]
Jurong Lake District’s momentum remains unaffected despite HSR uncertainty, Minister Wong
Jurong Lake District’s momentum and vision has not changed despite the uncertainty over the Kuala-Lumpur to Singapore High Speed rail project. The Minister for National Development Lawrence Wong who said this in Parliament today added: “Some details may need to be adjusted along the way, as circumstances change. But the bottom line is that we have an [...]
New property curbs challenged by leading developers
The Real Estate Developers’ Association of Singapore (Redas) on Friday challenged the Government’s latest round of property cooling measures saying there was “no rationale” for the new property curbs. imposed on Friday (July 6). REDAS. the leading developers’ group here, said the additional buyers’ stamp duty (ABSD) and lowering of the loan-to-value (LTV) limits were “tough” new [...]
Beautifully restored CBD commercial shophouse with fresh 99-year leasehold tenure up for sale
JLL on 5 July presented for sale a restored CBD commercial shophouse. The CBD commercial shophouse s located at 19 Hongkong Street, and is a brand new beautifully restored part-four part-six storey commercial shophouse. The property is situated within the trendy Hong Kong Street area, one of the up-and-coming F&B and lifestyle destination that is rising in [...]
Best Maybank Home Loan guide and History of mortgage rates
Where can you find the Best Maybank home loan? For people who prefer to pick a maybank mortgage, they will obviously want to know what is the best maybank home loan packages in the marketplace. Signing a home loan package is a big decision. It is no wonder every homeowner spends a lot of time [...]
Investment sales market extends robust performance by another quarter
Dominated by the enbloc residential market, Singapore’s investment sales market extended its robust performance by another quarter. CBRE, the largest commercial real estate services and investment firm in the world, said its preliminary investment volume for quarter 2 (Q2) of 2018 was S$10.308 billion, which is an increase of 11.4 per cent year-on-year (y-o-y0. This brings [...]
Property price momentum remains buoyant suggest URA’s flash estimates
The Urban Redevelopment Authority (URA) today released the flash estimate of the price index for private residential property for 2nd Quarter 2018 today which suggests that property price momentum here remains buoyant. Overall, the private residential property index increased 4.9 points from 144.1 points in 1st Quarter 2018 to 149.0 points in 2nd Quarter 2018. This [...]