Category: Property Singapore related
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Is it doom and gloom or boom and vroom?
Singapore property market. Is it doom and gloom or boom and vroom? All the statistics are pointing to a downturn in the Singaporean market. All the statistics from Urban Redevelopment Authority of Singapore. The HDB prices are down, the luxury prices are down. The total number of transactions are down. There’s already more than sufficient…
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Down 40% since 2012 because of strict cooling measures beginning 2009?
I have been to Singapore 8 times within this year. I have been to Sentosa a few times. It’s always full of activities even if the sand feels a bit rough and it’s not the usual white sandy beaches you find in natural islands. These days, the property prices in Singapore, especially the luxury ones…
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Iskandar trending the Singapore property market? Prices Down 13.5%!
As reported in many medias, the prices of private condos in Singapore are falling in 2014. Read here: Singaporean economy, property prices down and Iskandar. It was reported now that residential prices in Johor has also fallen in Q2 2014. It has inched down by 1.6% on an overall basis. This is said to be the…
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Simply booking and cancelling affordable units? Barred for One (1) Year.
When you book a unit of affordable housing and cancelling them when you have been offered one, would anything happen to you? For example, PR1MA? Well, nothing would happen to you here in Malaysia but in Singapore, there is a provision where these booking and cancellations would cause you to be barred from buying any…
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Singapore property, prices continuously declining into 2015
Recently an old friend said that if Singapore prices continue to fall, she may think of selling her Penang property and buy one Singapore property. She said this is a good diversification since her base is everything Penang currently. However, when I asked at what stage would she enter, she said she does not know…
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China to Singapore through Malaysia with High Speed Rail. 12 hours?
Rail is amazing, especially the high speed ones. I loved it so much when I travelled from Tokyo to many other cities until I reached Fukuoka, all via bullet trains. It’s smooth and on time every time except when the earthquake and tsunami came. Yes, I was in Japan at the same time in 2011.…
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Singaporean economy, property prices down and Iskandar
What’s the possibility of Singapore property market affecting property market Malaysia? Given the fact that Singaporeans are the largest group of investors in Iskandar and also buys into other cities such as KL, Penang and even smaller ones like Melaka? Singaporean property prices are coming down. In fact there’s a possibility that this price slump…
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Cooling? Warming? Heating? What’s up?
Singapore’s HDB flat’s resale prices are on a downtrend even if not a lot. According to their Urban Redevelopment Authority and even some reports in the media, prices have gone down 6.8% since the 3rd quarter of last year. In Singapore, there’s no fun trying to guess because the home prices are as updated as…
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Losing still selling, money needed, 7% of all transactions affected
I just read an article by The Business Times (Singapore) that 7% of all transactions in prime districts 9,10 and 11 were sold at a loss within the first eight months of 2014. This was higher than 5.5% in the same period just a year ago. Data was compiled by STproperty.sg from URA Realis. The…
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Increasing stock, Increasing vacant units and HDB prices dropped 6 months consecutively
I travelled to Singapore recently for a business trip. As usual, Singapore maintains its neat, clean and everything smooth image as soon as I touched down. I could see new flats being built and even a condominium being built right across the street from my office. I think the market must be doing well. I met…
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Singapore, United States, Spain, Japan, Netherlands and Iskandar
Just few days ago, another friend pointed out again that Iskandar would face oversupply of condos due to the huge China developers who are building thousands and thousands of units there. I reiterate my personal views that oversupply in the short term may happen but as long as every of the planned investments happen and…
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Buying Iskandar? HSR update. ‘Malaysia-Singapore meets monthly.’
When the High Speed Rail between KL and Singapore was first mooted many, many, many years ago, it was already announced that going to Singapore from KL and vice-versa would be faster than taking a flight. Recently, the sign that this is really nearer to the end of the tunnel, even if it is right…