Monthly Archives: May 2013

Developers use ‘Soho’ label to draw buyers

The upcoming launch of The Siena in Bukit Timah is the latest in a string of developments to be marketed as “Soho” (small office, home office) units in recent years. These units usually feature high ceilings, a loft area and other

Posted in Property Investment, Property New Launches, Property News

COVs at lowest level in nearly a year

Recent property cooling measures have taken a bite out of cash premiums for Housing Board flats, pushing them to the lowest level in nearly a year. The overall median cash paid above a flat’s valuation (COV) has gone down from

Posted in Property News

More S’poreans see property prices holding

Singaporeans do not expect property prices to increase further, the latest quarterly survey of property sentiment by PropertyGuru has indicated. However, they want the government to do more to correct the overpriced property market. Four in 10 survey respondents in

Posted in Property News

Rents for Keppel Bay condo take a hit

Landlords battling lacklustre rental yields at Reflections at Keppel Bay face a new challenge with the Corals project piling 366 units into an already overcrowded market. The Keppel Corp development was launched last week with 100 units released in the

Posted in Property Investment, Property News

Effects of Jan property curbs unclear: NUS

A paper from the National University of Singapore’s Institute of Real Estate Studies (IRES) argues that it is unclear that the seventh instalment of cooling measures announced in January has had the desired impact of mitigating home price inflation. It

Posted in Property News

House of Tan Yeok Nee back on the market

The House of Tan Yeok Nee, a gazetted national monument along Penang Road, is back on the market, a year after it was last transacted. Its owner, a special purpose vehicle of ERC Holdings, is believed to be looking at

Posted in Property News

Bedok Mall over 85% leased ahead of opening

Bedok Mall, a large basement shopping complex linked to Bedok MRT station, is already more than 85 per cent leased and will open before Christmas this year, CapitaMalls Asia said yesterday. It is part of an integrated development together with

Posted in Property News

Fewer luxury homes sold to foreign buyers

Indonesians retreated from the luxury home market in the first quarter to a much greater extent than buyers from China, India and the United States. Indonesian buyers bought 11 resold homes costing over $5 million in the three months to March 31, down

Posted in Property News

Five plots up for sale set to yield 2,700 homes

  Five plots up for sale set to yield 2,700 homes Five 99-year leasehold plots released for sale by the government yesterday could yield more than 2,700 homes. The sites were launched by the Urban Redevelopment Authority (URA) and the

Posted in Property Investment, Property News

Freehold bungalow in Tudor Close for sale

A freehold bungalow site at 16 Tudor Close has been put on the market, and is expected to fetch in excess of $38 million. Based on its land area of 22,534 square feet (sq ft), it will cost $1,686 per

Posted in Property Investment, Property News