SG Prime District Property

10/05/2019

LATEST CHANGE IN REGULATION!!! CHANGES TO CPF USAGE ON SHORTER LEASE PROPERTIES.

Below is the link for CPF USAGE calculation.
https://www.cpf.gov.sg/eSvc/Web/Schemes/CpfHousingUsage/Input1

SINGAPORE: Rules for buying homes using Central Provident Fund (CPF) money and HDB housing loans will be updated on Friday (May 10) – a move “in ...

20/03/2018

Another en bloc in the CCR. Watch this space in May to see how strong is the en bloc wave in 2018.

19/03/2018

Another enbloc in the CCR, at a new high for the current enbloc fever. All these expensive land cost only reflect to higher launch price in time to come.

Guocoland and the Hong Leong Investment Holdings group's winning bid for the condominium development is surpassed only by the $1.3 billion sale of Farrer Court more than a decade ago.. Read more at straitstimes.com.

02/03/2018

Yet another collective sale in the Prime District

SINGAPORE - FEC Properties, an indirect wholly-owned subsidiary of Hong Kong-listed Far East Consortium International, has secured a collective sale site in Singapore's Holland Road in District 10 for S$183.38 million.. Read more at straitstimes.com.

27/02/2018

Quoted: "She estimates CDL's breakeven cost for the future project on the Handy Road site at S$2,300 psf and reckons the group could be looking at an average selling price of S$2,650 psf. "Nearby, the 493-unit, 99-year leasehold Sophia Hills was 95 per cent sold as of December 2017 and median prices have increased to S$2,127psf in December from an average of S$1,900-2,000 psf earlier," she added."

CITY Developments Ltd (CDL) has emerged as the top bidder for two out of the three 99-year leasehold private housing sites at a state tender that closed on Tuesday. Read more at The Business Times.

27/02/2018

With all the bullish bidding by developers in 2017, it just shows signs that the market is heading towards an upward trend. Do you know that this is actually an opportunity for you to put your funds to good use in choosing the correct area and/or projects?

27/02/2018

"We think the high-end private residential market is poised for recovery after prices fell by about 20 per cent since June 2013. City Towers presents a good opportunity for developers to add a plum District 10 site to their portfolio in preparation for the potential pick-up in prime home prices in the coming years."

SINGAPORE - City Towers, a freehold property along Bukit Timah Road, will be launched for collective sale at an owners' reserve price of S$355 million.. Read more at straitstimes.com.

27/02/2018

"clearly reflect bidders' confidence in a recovering... market amid the positive economic outlook"

With such high price bids, only result in higher launch price in time to come.

Frasers Centrepoint Limited (FCL) trumped nine other bidders with an offer of $955.4 million for a residential plot in Jiak Kim Street, the former site of popular nightspot Zouk.. Read more at straitstimes.com.