GCB prime plot at Sixth Avenue up for sale by Trustees
A prime residential site, Good Class Bungalow (GCB), located at Sixth Avenue has just been put up for sale by Expression of Interest (“EOI”) by the trustees of the property. JLL has been appointed as their sole marketing agent. The EOI for No. 45 Sixth Avenue closes on Tuesday, 31 July 2018, at 2.30 p.m. The freehold [...]
Freehold shophouses row at Sembawang Road up for collective sale
Edmund Tie & Company (ET&Co) announced today that it has been appointed as the sole marketing agent for freehold shophouses row along Sembawang Road, which is being sold en bloc by tender. 100 per cent of the owners of the of freehold shophouses row has consented to the sale. The development was completed in the [...]
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 [...]
How much of your income should you spend on housing?
With housing being one of the biggest expenditures many expect to invest in, it is crucial for both homeowners and tenants to determine how much of their income they should set aside for housing costs, such as mortgage payments or rent along with utilities, maintenance charges or homeowners insurance. But how does one ensure that [...]
Upper East Coast Road freehold site to be acquired for $60 million
Tee Land, a boutique developer, announced on 28 June that it had entered into an option-to-purchase agreement to acquire the freehold interest in a plot of land located at 338 to 364 Upper East Coast Road, Singapore with a land area of approximately 3,928.8 square metre. The purchase consideration for the land on which Teck Guan Ville condo [...]
Stirling Residences – a mega project in Queenstown up for preview today
Stirling Residences, a mega project of Logan Property (Singapore) Company and Nanshan Group Singapore (joint-venture) at Queenstown, is today (30 June) opening its showflat for preview. The joint-venture’s win of the tender for the site in Queenstown set a record in May for exceeding the price quantum for Government Land Sales (GLS) programme. The joint-venture [...]
Property auction market down led by lack of big-ticket items for sale
A report released by Edmund Tie & Co on 28 June said that there were more owners’ listings placed in the property auction market for Quarter 2 (Q2) but that there was a dip in mortgagee sales this quarter. Q2 2018 has seen a total sales value of $19.64m in the property auction market. While [...]
Singapore property market remains positive despite near-term weakness
The government on 27 June announced the second half 2018 Government Land Sales (2H18 GLS) Programme, which comprised six Confirmed List sites and nine Reserve List sites to yield more private residential units. The bank noted that the 2H18 GLS of 8,040 residential units, is flat half-on-half (h-o-h) – (-0.1% h-oh; -1% year-on-year) – with [...]