Rising HDB Property Prices in Singapore

Rising HDB Property Prices in Singapore has many implications for buyers. Not only does the economy impact the real estate sector, but also directly the local economy. So what are the implications of a rising HDB property price?

The impact is both on the local economy and on the housing market. While a rise in property prices will increase the income of those who can buy, it will also drive out the middle class, thereby reducing the demand for homes. The reduction in the supply of properties on the other hand will decrease the price of a home, resulting in lower prices for existing homes. This, in turn, will benefit those who can afford to buy, but not everyone. This has an indirect but significant impact on the rest of the economy.

Rising HDB Property Prices means that there are many people who can now afford to buy a home …

Importance of Construction Quality

In my previous article “The Importance of Construction Quality in Residential Developments” I explained the importance of building to build the perfect home. In that article I also explained how important it is to choose the right materials for the project. The reason why choosing the right materials is so important is because building a perfect home requires combining several different factors including: location, design, price, construction techniques and local ordinances. There are some more important things to consider that go beyond the materials selected.

Location is one of the most important aspects of the entire process. A lot of wasted time and money can be avoided if the site is chosen with accuracy. Make sure to ask the site developer for detailed information about the lot area, streetscape and any potential barriers. For example, if there is underground piping, the developer should explain that information clearly. Aesthetics should be …

Advantages of Condo Near to Amenities

If you are planning to acquire a house in the near future, be sure to look into some of the advantages of condos. In this way, you can get an idea on how it can improve your life in a big way. Moreover, with all these new benefits that condo offers, you will surely consider buying one. Here are some of its main advantages:

The most obvious advantage of owning a condo is the low monthly rental fees. Most condo owners pay around 15% less than the usual rental fees. Aside from low rental fees, you can also enjoy other amenities such as fitness centers, parks and green areas. Also, most buildings have air conditioning system installed. In short, you can stay comfortably cool during the hot days of the year.

If you are living in a spacious home, it would be difficult to have enough space for activities and …

The Verandah Residences Freehold Condo Oxley Holdings

With the world facing the ever-growing demand for places to live, people keep rushing into building house and structures to inhabit. The major problem caused by these is that the house are not well planned and thus in the long run affects urban development leading to urban issues. For this and many other reasons, it is advised that one seeks expert advice before building a house that will look beautiful and that will last long. The Verandah Residences is therefore a quintessential example for expertise architecture and durability as well as functionality.
The opening dates for viewing will be confimerd in the next coming weeks.

The Verandah Residences Oxley Holdings

The Verandah Residences project not only focuses on beautiful looks but also functionality in the long run. Therefore, it is located near every place a person may need on their everyday living. The social amenities in the Verandah Residences makes …

Mix Development The Woodleigh Residences Singapore Press Holdings

Located next to the Woodleigh MRT station, Woodleigh Residences is a 99-year leasehold mixed-use development by the Singapore Press Holdings and the Kajima Development. In a beautiful blend of commercial shops, condos, and restaurants; the Woodleigh residences offer full & unique facilities such as tennis court, function rooms, clubhouses, indoor gym, barbecue pits and children’s playground among others. All the facilities within the well-designed condos offer complete entertainment needs for each and every one in the family, friends and loved ones.

The Woodleigh Residences at Woodleigh MRT Station

To ensure easy and convenient shopping within the vicinity, shopping centers are strategically located. A new shopping center called The Venue Shoppes is located next to the Potong-Pasir MRT-Station. The Nex shopping Mall is the other easily accessible iconic shopping center located next to the Serangoon MRT-station. The Woodleigh Residences Singapore Press Holdings is located at Bidadari Estate near to Woodleigh MRT …

Challenging Times for Property Market

It seems that there are more challenging times ahead for residential properties in Toa Payoh as there are more curbs in place combined with increase inventory from developers.

Experts expect Singapore’s private lodging business sector to confront harder times one year from now, with the dull monetary environment hosing estimation further, reported TODAYonline.

JLL’s National Director for Research and Consultancy Ong Teck Hui, said: “Higher loan costs combined with cooling measures will hose request, propagate languid economic situations and softening in costs … In 2016, it is relied upon to fall by in any event the same pace or quicker if monetary conditions intensify.”

Rates are kept the same and owners are anticipating that there is an increase in mortgage rates due to the fact that banks are anticipating an increase in the number of interest rates. In particular, the mortgage rates for The Gems might increase.

The five to …

Industrial Rental Softens

The cost of renting industrial space has consistently fallen throughout the third quarter of this year. The drop is thought to be the result of pessimistic predictions for the future of manufacturing Hong Leong Holdings Condo and decreased exports, as well as a long running supply deficit.

The JCT report published this week states that total industrial prices dropped 0.3% throughout both last quarter and last year.

Also, rent prices dropped 0.8% during the second quarter and 1.6% over last year.In addition, occupancy statistics in Lorong Lew Lian Condo decreased by 0.2% during the last quarter and 0.1% during the last year. Within the third quarter of the year, they stood at 90.8%.

Rents at Lorong Lew Lian Condo CDL

The drop in occupancy rates has been dominated by business parks – here, occupancy rates dipped by 1.7% over twelve months, to stand at 84.4%. However, warehouses have been an …

CEL Development

CEL Development, a local property developer has been actively bidding for property sites under the Government Land Sales (GLS) programme in an effort to shore up its land banks. CEL Development is actively involved in the local property scene and this includes the various property sectors such as residential, commercial as well as industrial properties. CEL Development is also involved in high end property development in Singapore as well.

CEL Development

Not only does CEL Development believe in being a reputable developer in the local property scene, it also believes in producing good properties through strategic alliances by utilizing strong points from both itself Orchard Boulevard Condo as well as other real estate developers. For example, CEL has previously jointed ventures with Lehman Brothers as well as other local property developers such as NTUC Choice Homes Pte Ltd to developer successful joint property ventures in Singapore.

CEL Highpark Residences

High Park Residences

CEL …

Capitaland Condo

This is especially poignant as the general election is over and a new Cabinet is about to be introduced to the people of Singapore. Many real estate developers, as well as their backers, would appreciate if these regulations were relaxed or removed entirely for Somerset Grand Cairnhill Condo Capitaland. However, many are asking what about in the next 12 months? As of 5pm on Tuesday, the application rates for second-timers for two together with three-room units in a Bukit Batok BTO project stood at 0.3 plus 2.9 respectively, while two and three-room flats in a Jurong West project posted an application rate from second-timers of 0.3 together with 1.6 respectively for Ascott Capitaland service suites.

Somerset Service Suites Capitaland

You might recall these measures began in 2009 and during those years, eight rounds of implementation were completed by 2013. They had far-reaching effects ranging from industrial, construction, banking, and legal …

Dundee Road Condo

The sale of the site finishes on November 12th. There have been at least eleven exchanges made, with a combined worth of S$283.3m. This is a dundee road condo significant increase on the four exchanges made in the first quarter, with a combined worth of S$95.3m. Just a month later, a Good Class property in Queen Astrid Park was bought for S$32m (S$1,169sq foot). Primarily, property details reveal that HDB rental index decreased 2.3% in 2014, hitting a three-year low in February with the rent at $2,400.

Dundee Road Condo by HY Realty

Real estate property specialists interviewed understand that this could just the starting of a continues slowdown. Dundee road queenstown condo location makes it possible for National Parks to integrate the Science Centre together with the new Gardens, combining themes which includes the sciences, engineering & garden. In other news, a much sought after Good Class property on …