Seller of Flame Tree Park unit makes $1.3 mil profit
By Timothy Tay/ EdgeProp Singapore|April 9, 2020 6:00 AM SGT SINGAPORE (EDGEPROP) – The most profitable transaction during the week of March 24 to 31 was the sale of a 2,174 sq ft unit at Avon Park, a freehold development on Youngberg Terrace. The unit changed hands for $3 million ($1,380 psf) on March 27. […]
Developers sell 277 new private homes in April despite circuit breaker measures
Despite strict movement controls as part of the ‘circuit breaker’ measures from April 7, developers managed to sell 277 new private homes (excluding Executive Condominiums) during the month of April, based on the latest statistics from URA.“Buyers and Investors were fortunate to have access to show flats in the first seven days of April. Thereafter, [...]
Guide price of $2.05 mil for two-bedroom unit at Marina Bay Residences
By Valerie Kor / EdgeProp Singapore | April 9, 2020 8:00 AM SGT Original Article: https://www.edgeprop.sg/property-news/guide-price-205-mil-two-bedroom-unit-marina-bay-residences At Marina Bay Residences — the 55-storey, 428-unit luxury condo at Marina Bay waterfront — a two-bedroom apartment with unblocked sea views towards Marina South is being sold as a bank sale. Edmund Tie, who is advertising the unit, [...]
Kopar at Newton sees 77 units sold ahead of enforced shut down of all sales galleries
By Cecilia Chow/ EdgeProp Singapore|April 5, 2020 1:40 AM SGT SINGAPORE (EDGEPROP) – Chip Eng Seng’s property arm CEL Development sold a total of 77 units at Kopar at Newton on the first day of sales on April 4. The units sold achieved an average price of $2,350 psf. Despite tighter safe distancing measures, Kopar […]
Seller of Regency Suites unit makes $1.62 mil profit
By Timothy Tay/ EdgeProp Singapore|April 3, 2020 10:00 AM SGT SINGAPORE (EDGEPROP) – A three-bedroom unit at Regency Suites on Kim Tian Road topped the list of most profitable deals for the week of March 17 to 24. The 1,421 sq ft unit changed hands for $2.7 million ($1,900 psf) when it was sold on […]
Asia better positioned to lead post-Covid-19 recovery: Knight Frank
By Charlene Chin/ EdgeProp Singapore|April 3, 2020 8:06 AM SGT SINGAPORE (EDGEPROP) – As the Covid-19 outbreak has weakened market sentiments and thrown global economies into turmoil, Neil Brookes, Knight Frank’s head of capital markets in Asia Pacific, believes that Asia is better positioned to lead the post-pandemic recovery than the US or Europe.The numbers […]
Four-bedroom unit at The Coast at Sentosa Cove for sale at $4.45 mil
By Valerie Kor / EdgeProp Singapore | April 3, 2020 11:00 AM SGT The Coast comprises 249 units, ranging from three- to four-bedroom apartments as well as luxury penthouses (Photo: Samuel Isaac Chua/The Edge Singapore) SINGAPORE (EDGEPROP) – A four-bedroom apartment at The Coast at Sentosa Cove, is on the market with a guide price […]
Portfolio of assorted freehold properties for sale at $51 mil
By Charlene Chin/ EdgeProp Singapore|April 2, 2020 3:48 PM SGT 104 and 106 Jalan Jurong Kechil (Credit: CBRE) 104 and 106 Jalan Jurong Kechil is a four-storey development with two F&B shops on the ground floor, two commercial schools on the second floor and 16 residential units on the third and fourth floors. It sits […]
Private property price index down 1.2% in 1Q2020
By Valerie Kor / EdgeProp Singapore | April 2, 2020 5:11 PM SGT URA flash estimate for 1Q2020 showed a decline of 1.2% (Photo: Samuel Isaac Chua/EdgeProp Singapore) SINGAPORE (EDGEPROP) – The flash estimate for 1Q2020 released by the URA showed a decline in the overall private residential property price index: a decrease of 1.2% […]
Rents for expats in central Singapore rise 1.4% from 2019
By Charlene Chin/ EdgeProp Singapore|April 2, 2020 5:11 PM SGT The rise in rents is attributed to an increase in overseas relocation to Singapore over the past 12 months, particularly in the fintech and pharmaceutical sectors SINGAPORE (EDGEPROP) – Rents in Singapore’s central areas have risen for the first time in five years, according to […]
HDB resale price index remains unchanged for 1Q2020
By Valerie Kor / EdgeProp Singapore | April 2, 2020 5:05 PM SGT HDB estates in Jurong East (Photo: Samuel Isaac Chua/EdgeProp Singapore) SINGAPORE (EDGEPROP) – Although HDB resale prices tracked two consecutive quarterly rises previously, it held steady at 0% in 1Q2020. This goes to show that Covid-19 may be reversing the upward trend […]