Rising Development Charges Cooling En Bloc Fever

SINGAPORE — The rash of successful en bloc sales has pushed up development charge rates, which have become a key factor for developers to consider when deciding what to buy.

Source: https://www.channelnewsasia.com/news/videos/rising-development-charges-cooling-en-bloc-fever-10252320

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The Cheapest & Most Expensive Areas to Live in Singapore

By William Hofmann, via Yahoo! Finance

Singapore is recognized as an exceptionally expensive city, especially when it comes to price of cars and properties. Below, we compare the cost of renting and buying HDBs across different areas on the island to help renters and homebuyers conceptualise real estate prices across Singapore. Additionally, we analyse trends in the rental and resale markets and discuss what they mean for consumers.

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Top 5 Most Expensive Estates To Rent A HDB Flat In Singapore

By Dinesh Dayani, via dollarsandsense.sg

As Singapore residential property prices look set to rebound following several years of decline, since its peak in 2013, many may expect rental prices to follow suit. While the rationale for this may be simple – higher property price must equate to higher rental prices (to offer a similar return on investment), the reality may be significantly different.

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GIC steps up investment in real estate

Singapore — The Singapore sovereign wealth fund is expected to invest more in real estate going forward as the returns are higher than other fixed income assets such as government bonds, experts say.

Source: channelnewsasia.com

 

 

Private home sales rise 17.4% year-on-year in December

Singapore — Sales of new private homes rose 17.4 per cent in December 2017 compared to the same month a year ago, according to data released by the Urban Redevelopment Authority (URA) on Monday (Jan 15).

Excluding executive condominiums (ECs), developers sold 431 units last month, compared with 367 units in December 2016.

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Singapore’s collective sales could ‘fuel the market’ in 2018

Singapore — Singapore’s property market could see a strong 2018 among Asia markets as collective, or en bloc, sales bring redevelopment, says Nicholas Holt of Knight Frank.

Source : https://www.cnbc.com/video/2018/01/03/singapores-collective-sales-could-fuel-the-market-in-2018.html