News

Suburban condo rents fall closer to HDB price levels

This is based on SRX Property data on median monthly rents for HDB flats and non-landed private residential units outside the central region, excluding executive condominiums. -My Paper

Q1 deals may signal market for Good Class Bungalows looking up

Mr Tan said: "We're receiving more serious offers, unlike in Q4 last year, when many potential buyers were still throwing low-ball numbers at owners. -BT

Have property prices fallen enough to make homes affordable?

Prices have been falling, but these decreases did not even make a dent in the overall increases property prices have seen in the last decade. -Dollars and Sense

Over 1,800 HDB flats sold in April, highest since property cooling measures introduced

A total of 1,828 HDB flats were resold last month, the highest number since property cooling measures were introduced nearly three years ago. -AsiaOne

Chopard siblings pay $25m for Tong Building space

The price works out to S$3,713 per square foot on freehold strata area for the 13th floor of the 19-level building located between Lucky Plaza and The Paragon. -BT

More undecided about using a property agent

Survey finds consumers between 21 and 39 years old are more uncertain about engaging a property agent for future transactions than those in other age bands. -BT

How much renting a 3-bedroom apartment costs around the world

It is undeniably more expensive to rent than to buy in Singapore if you qualify for HDB grants, because the supply of rental property is artificially inflated. -MoneySmart

Muted response to launches of two residential projects

Some agents attributed the poor take-up at Parc Life to the timing of the launch, which took place soon after the launch of the 632-unit EC project The Visionaire by Qingjian Realty. -BT

Transfer of flat ownership no longer allowed except in special cases: HDB

The transfer of flat ownership is allowed only on grounds of marriage, divorce, death of an owner, financial hardship, renunciation of citizenship and medical reasons. -GET.com

Comparing Reit fees: 2 cases of anomalies

The result is that the bar charts of Keppel Reit and Suntec Reit soared far higher than the others on both counts, such that while the focus of the report was not on them, it inevitably drew attention to them and led readers to wonder if these managers were indeed so overpaid. -BT

Far East Hospitality keen to expand to Australia, NZ

There are three property launches under Oasia brand this year, in Singapore and KL. -The Business Times

Gem Residences sees healthy registered interest

To date, close to 1,700 people have expressed interest in the 578-unit Toa Payoh private condominium. -BT

Differences between getting an executive condo and a BTO flat

By the time you make the down payment and cover the installments, the EC means you're pretty much the opposite of rich. -MoneySmart

Industrial property hit by factory slowdown

Sector suffers falling prices and rentals, and rising vacancy rates in Q1: JTC data. -The Business Times

Resale prices of completed condos down in March

Overall resale prices declined 1 per cent from February, owing to a sharper drop in suburban areas. -BT

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