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News & Views 10 April 2017

Pent-up demand expected for Seaside Residences in Siglap

Market watchers are anticipating strong pent-up demand for the upcoming condominium project at Siglap Link by Singapore-listed Frasers Centrepoint Limited by virtue of its location and palatable price quantums for the smaller units.

The launch, scheduled on April 22 after a two-week preview…

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Added by Geoffery Ho on April 12, 2017 at 12:54 — No Comments

Win-win scenario in HDB resale market

Win-win scenario in HDB resale market

Housing and Development Board (HDB) flats house over 80 per cent of Singapore's population and, more often than not, are the first choice of housing for young families. A perennial question among this group of buyers has always been: Build-To-Order (BTO) flats versus resale flats, which is the better option?

While BTO flats are cheaper, they come with a longer…

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Added by Geoffery Ho on April 3, 2017 at 15:32 — No Comments

Easing cooling measures won't stop prices from falling: Fitch

Easing cooling measures won't stop prices from falling: Fitch

Measures to cool Singapore's housing market are likely to be eased gradually over the coming years to support demand, Fitch Ratings said in a Wednesday report. Despite this, it believes that home prices will likely continue to fall because of the oversupply situation and rising interest rates in the market.

"The latest changes are…

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Added by Geoffery Ho on April 3, 2017 at 15:25 — No Comments

Singapore property market finally sees slight easing - and a new stamp duty

Singapore property market finally sees slight easing - and a new stamp duty

Singapore announced on Friday targeted tweaks to property market measures and a new stamp duty - moves that observers said are in response to recent developments in the property market and the wider economy.

The release by government agencies said that Singapore will lower the seller's stamp duty (SSD) by four percentage…

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Added by Geoffery Ho on April 3, 2017 at 15:19 — No Comments

Property market perking up, but rents are down. To buy or not to buy?

Property market perking up, but rents are down. To buy or not to buy?

Owning an investment property and collecting good rental income is one version of the Singapore Dream wafting through show-flats everywhere.

Real estate investment - once considered a no-brainer as prices kept going north - has become more complicated in recent years, with changing market dynamics brought about partly by new…

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Added by Geoffery Ho on April 3, 2017 at 13:27 — No Comments

Singapore property still a top draw for Asia's ultra-rich

Singapore property still a top draw for Asia's ultra-rich

Singapore’s property market remains high on the agenda of Asia's ultra-rich, notwithstanding the cooling measures still in place.

Its commercial properties are a top consideration for Asian ultra high net worth individuals (UHNWIs) keen on this asset class, moderately ahead of the UK and the US.

Singapore's…

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Added by Geoffery Ho on April 3, 2017 at 13:23 — No Comments

PTE: GCB - Not spared by cooling measures

Not spared by cooling measures

Exclusive and rare as they are, bungalows in GCBAs have not remained untouched by the dampening effects of Singapore's property cooling measures and slowing economy.

Experts estimate that 2016 prices in this segment were about 10-15 per cent below their last peak in 2013. Prices are expected to continue to ease a little in the first six months of this…

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Added by Geoffery Ho on April 3, 2017 at 13:21 — No Comments

BTO v Resale flat: What adds up for first-timers? TALE OF AN HDB HOME-HUNTER

BTO v Resale flat: What adds up for first-timers?

Young home-buyers have cheered Monday's Budget which announced generous increases in grants for resale flats.

The enhanced Central Provident Fund Housing Grant, previously capped at $30,000, has been raised to $50,000 for first-timers who turn to the resale market for four-room and smaller flats. And it has risen from…

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Added by Geoffery Ho on April 3, 2017 at 13:18 — No Comments

Property curbs to stay for some time / Resale flat prices 'unlikely to rise' despite higher CPF grants

Property curbs to stay for some time: Lawrence Wong

Property curbs on homes are likely to stay for some time as demand in the market remains "very resilient", National Development Minister Lawrence Wong has said.

This has put paid to any hopes for the cooling measures to be rolled back any time soon, amid expectations that this year's Budget would have offered some reprieve to developers here.

Mr Wong, who is…

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Added by Geoffery Ho on April 3, 2017 at 13:09 — No Comments

Enhanced grants expected to lift resale HDB market

Enhanced grants expected to lift resale HDB market

The move to enhance the CPF Housing Grant for first-time buyers of resale HDB flats is expected to help sustain the recovery in resale transactions and stabilise resale prices.

While most market watchers were not surprised that the government chose against tweaking any property cooling measure, such a boost in housing subsidy for resale flats did…

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Added by Geoffery Ho on April 3, 2017 at 13:07 — No Comments

Should property cooling measures be relaxed?

Should property cooling measures be relaxed?

It has been seven years since the government first introduced cooling measures for the property market.

The latest property market data for Q4 2016 shows 13 straight quarters of decline. From the peak in Q3 2013, prices have fallen over 11 per cent (down 3 per cent in 2016 and 3.7 per cent for 2015).

Some property…

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Added by Geoffery Ho on February 3, 2017 at 12:30 — No Comments

ERA Marketwatch Jan 2017

Marketwatch JAN 2017

Added by Geoffery Ho on February 3, 2017 at 12:10 — No Comments

News & Views 2 February 2017

Condo launches to drive new home sales up Last month's tepid new private home sales tally that spelt a soft end to an otherwise bright year could soon be a distant memory. In a lively start to the year, the new private home market is expected to welcome as many as four project launches by April. One standout is the highly anticipated Park Place Residences at Paya Lebar Quarter (PLQ) - part of a $3.2 billion mega mixed-use project by Lendlease and Abu Dhabi Investment Authority. The other…

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Added by Geoffery Ho on February 3, 2017 at 12:04 — No Comments

News & Views 27 January 2017

Savvy buyers zoomed in on CCR last year, URA data shows

Amid the overall soft property market conditions, savvy private home buyers looking for attractive deals zoomed in on the Core Central Region (CCR) last year. Government data released on Thursday showed the region was 2016's outperformer in terms of percentage increase in transaction volumes, which in turn provided some ballast for prices in the…

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Added by Geoffery Ho on February 3, 2017 at 12:02 — No Comments

News & Views 26 January 2017

10-storey commercial building to replace Park Mall

The sleepy corner of Dhoby Ghaut that housed Park Mall is getting a new lease of life.

Singapore-listed developer SingHaiyi Group yesterday unveiled plans for a new 10-storey building, which is now under construction at 9 Penang Road, near Orchard Road.

The mixed-use project will have two wings comprising eight…

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Added by Geoffery Ho on February 3, 2017 at 12:01 — No Comments

News & Views 25 January 2017

Misuse of industrial space ever more widespread

The misuse of industrial space has become rampant, and with tenants having settled into units in new strata projects offering office-like designs and proximity to transport nodes, the trend has become even more conspicuous.

Businesses ranging from law firms and real-estate agencies to accounting and tax advisory firms, recruitment agencies, training…

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Added by Geoffery Ho on February 3, 2017 at 11:59 — No Comments

News & Views 24 January 2017

New HDB rental rules for work permit holders

Since Jan 1, non-Malaysian work permit holders from the manufacturing sector have no longer been eligible to rent a whole Housing Board flat, and can only rent rooms.

Those currently renting can stay on until their existing subletting approvals expire.

The rule change, reported by Chinese daily Lianhe Zaobao yesterday,…

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Added by Geoffery Ho on February 3, 2017 at 11:57 — No Comments

News & Views 23 January 2017

Buyers home in on condos launched in 2015 and earlier

Oldies can be goodies too, as homebuyers showed by snapping up units at projects launched before last year.

A check with developers found that those which enjoyed buoyant sales last year - Hong Leong Group, MCL Land, Qingjian and MCC Land, for example - got a sizeable boost from selling apartments released in 2015 and…

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Added by Geoffery Ho on February 3, 2017 at 11:55 — No Comments

News & Views 20 January 2017

HK housing curbs may be a boon for Singapore property

Singapore’s three-year decline in home prices could see relief from an unexpected quarter in 2017: Hong Kong.

So say analysts who expect the slide in the city-state's home prices to end this year as foreign investors turned off by Hong Kong's move to increase the stamp duty for overseas buyers look to Singapore…

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Added by Geoffery Ho on February 3, 2017 at 11:52 — No Comments

News & Views 19 January 2017

East Coast may offer 6,000 new HDB flats

Home hunters could soon get a shot at new Housing Board flats with coveted sea views along Singapore's East Coast.

The Government is looking into creating a new Bayshore district, which includes 6,000 HDB flats - a huge change for the overwhelmingly private estate area located on reclaimed land. Another 6,500 units will be set aside as private…

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Added by Geoffery Ho on February 3, 2017 at 11:38 — No Comments

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Notes

Hdb to Pte avoid ABSD issue

Created by Geoffery Ho Feb 14, 2019 at 10:18pm. Last updated by Geoffery Ho Feb 14.

The Troubling Implications of Owning a 40-Year old HDB Flat

Created by Geoffery Ho Feb 14, 2019 at 9:21pm. Last updated by Geoffery Ho Feb 14.

HDB Industrial New Policies - 1st June 2015

Created by Geoffery Ho Jul 22, 2015 at 12:53pm. Last updated by Geoffery Ho Jul 22, 2015.

What you should know about ECs

Created by Geoffery Ho Oct 1, 2014 at 11:34am. Last updated by Geoffery Ho Oct 1, 2014.

8 Things You Should Know When Using CPF for Property

Created by Geoffery Ho Aug 19, 2014 at 9:32pm. Last updated by Geoffery Ho Aug 19, 2014.

Eligibility to Buy PTE or HDB

Created by Geoffery Ho Jun 6, 2011 at 7:03pm. Last updated by Geoffery Ho Aug 18, 2014.

Can Private Property Owners (Local or Overseas) buy HDB Flat (New or Resale)?

Created by Geoffery Ho Jun 3, 2014 at 9:21pm. Last updated by Geoffery Ho Jun 3, 2014.

CPF property rules: 4 things you may not know

Created by Geoffery Ho Aug 2, 2009 at 11:15pm. Last updated by Geoffery Ho May 8, 2014.

Thinking Of A Career With Us?

Created by Geoffery Ho Jun 29, 2009 at 10:54pm. Last updated by Geoffery Ho May 7, 2014.

HDB & PTE : Online e-Services & Utilities Application

Created by Geoffery Ho Oct 21, 2009 at 11:53pm. Last updated by Geoffery Ho Apr 13, 2014.

Progessive vs Deferrment Payment Charts

Created by Geoffery Ho Feb 8, 2014 at 1:38am. Last updated by Geoffery Ho Feb 8, 2014.

Can You Trust Your Property Agent in Singapore? Take these 5 Steps to Confidence!

Created by Geoffery Ho Nov 11, 2013 at 11:31pm. Last updated by Geoffery Ho Nov 11, 2013.

Commission GuideLines

Created by Geoffery Ho Sep 21, 2013 at 10:58pm. Last updated by Geoffery Ho Sep 21, 2013.

Total Debt Servicing Ratio (TDSR) and How It Affects Your Loans

Created by Geoffery Ho Aug 26, 2013 at 11:27pm. Last updated by Geoffery Ho Sep 14, 2013.

Banks' Home Loan Comparison & Mortgage Calculators

Created by Geoffery Ho Oct 14, 2008 at 1:05pm. Last updated by Geoffery Ho Apr 16, 2013.

Financing A Commercial Property

Created by Geoffery Ho Apr 16, 2013 at 12:12am. Last updated by Geoffery Ho Apr 16, 2013.

URA Guidelines On Retail Unit Size & Corridor Width

Created by Geoffery Ho Apr 8, 2013 at 12:25am. Last updated by Geoffery Ho Apr 8, 2013.

THE HOUSING LOAN INFO & TIPS

Created by Geoffery Ho Sep 18, 2008 at 1:26am. Last updated by Geoffery Ho Mar 31, 2013.

Type Of Property & EC in Singapore

Created by Geoffery Ho Mar 11, 2013 at 10:00pm. Last updated by Geoffery Ho Mar 11, 2013.

Forum

Draft Master Plan - West Economy

Started by Geoffery Ho in Information May 7, 2014.

CPF FOR PURCHASE OF HDB FLATS LESS THAN 60 YEARS 2 Replies

Started by Geoffery Ho in Information. Last reply by Geoffery Ho Apr 13, 2014.

How Singapore’s Latest HDB Cooling Measures Affect You 1 Reply

Started by Geoffery Ho in Information. Last reply by Geoffery Ho Oct 8, 2013.

HDB flat sellers left in tight spot by new rules

Started by Geoffery Ho in Question Aug 29, 2013.

Watch the wording in 'offer to purchase' letter

Started by Geoffery Ho in Others Aug 14, 2013.

Why Singapore's property continues to rise...

Started by Geoffery Ho in Question Apr 16, 2013.

3 SMARTER WAYS TO SAVE INTEREST ON MORTGAGE

Started by Geoffery Ho in Information Apr 16, 2013.

Feng Shui Tips to Revitalize Your Home 2 Replies

Started by Geoffery Ho in Leisure. Last reply by Geoffery Ho Sep 29, 2012.

3 Lessons From the Sky Habitat Sale

Started by Varchel in Information Sep 17, 2012.

FAQs 3 Replies

Started by Geoffery Ho in Question. Last reply by Geoffery Ho Jul 12, 2012.

99-Year vs Freehold

Started by Geoffery Ho in Information. Last reply by Geoffery Ho Sep 21, 2010.

THIS WEEK'S TOPIC: Keeping speculators at bay 8 Replies

Started by Geoffery Ho in Question. Last reply by Geoffery Ho Sep 14, 2010.

Potential Growth Areas (Residential) - Where to buy?

Started by Geoffery Ho in Others Mar 23, 2010.

How to avoid conflict in real estate transaction 2 Replies

Started by Geoffery Ho in Others. Last reply by Geoffery Ho Nov 9, 2009.

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