Guide

With prices and sales of private residential properties rising across all market segments, the private property scene in Singapore is definitely heating up. According to industry specialists, this momentum is likely to continue till 2019. In fact, it’s been predicted that condos launched in 2018 and 2019 will cost anywhere from 7% – 13% more than comparable developments in the vicinity! Market turnaround Why the predicted uptick in prices? Here’s the backstory: in the second half of 2017, demand for private property in Singapore started to increase, and developers closed the year selling a total of 10,566 private homes (32.5% more than what they clocked the previous year). In order to replenish their land banks, developers started aggressively participating in collective sales and government land …

With a significant price gap between new ECs and suburban condos, ECs enjoy a higher safety margin and bigger potential for capital appreciation.

A slew of existing executive condominiums such as Sol Acres and new executive condominium launches in 2017 – Are you looking to purchase a new executive condominium in 2017? Do you know what to look out for? Fret not, you won’t be the only one.

2017 marks a year with the least number of new developments launching for sale. Albeit bad market sentiment, the saying goes – no matter how bad or good the market is, developers will continue to acquire new land continue continue building. Here’s a list of new condominium launches that will be coming up in the first half of 2017. 1. INZ Residence – Executive Condominium Yet another new executive condominium by Qianjian Realty – INZ Residence is situated at Choa Chu Kang Avenue 5. The location is attractive for people who wants to break away from the our ever stressful life in the concrete jungle. It is however not within walking distance to Choa Chu Kang MRT but residents are still be able to enjoy …

Property buyers always say: Location, location, location. Without a doubt, this is one of the key factor to shortlist a property. Not only it is one of the most important considerations when buying a property – you will need to factor in if there are any future plans by the Government – as these usually have an effect on property values. The next residential hotspot is Singapore’s North Region. Comprising Sembawang, Woodlands and Yishun outlined by The URA aka Urban Redevelopment Authority for development in its 2014 Master Plan – which is spearheaded by the upcoming Woodlands Regional Centre. Currently in its gestation stage, Woodlands is envisioned to grow into Singapore’s third regional centre, after Tampines and the Jurong Lake District. It will become a …

Probably the lowest number of new residential launches in the recent years, these sites are still expected to receive keen interests from home buyers. Seaside Residences – Siglap Road The 1.93ha site at Siglap Road was awarded to a consortium led by Frasers Centrepoint for $624.18 million in January 2016. The price works out to about $858 psf per plot ratio. Nearby amenities include the future Siglap MRT station, shopping malls and schools. The 99-year leasehold site is expected to yield about 840 units. Grandeur Park Residences – New Upper Changi Road Property developer Chip Eng Seng won the tender for the 2.4ha site at New Upper Changi Road in February 2016 after submitting the highest bid of $419.38 million, or $761 psf on the …