Mercs Hypersonic October 29, 2016 Share October 29, 2016 Ya man, recent launch very crowded leh, feel different from other sectors, no recession lar...... ↡ Advertisement 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 29, 2016 Share October 29, 2016 http://www.propertyguru.com.sg/property-management-news/2016/10/139302/hdb-resale-market-shows-signs-of-stabilising HDB resale market shows signs of stabilising October 28, 2016 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 29, 2016 Share October 29, 2016 Weak rentals? 3% to 4% easy peasy lah http://www.theedgeproperty.com.sg/content/condos-most-resilient-rents Condos with the most resilient rents October 28, 2016 Core Central Region At The Sail @ Marina Bay, average monthly rent for two-bedroom units is $5,182, based on 164 rental contracts, which translates into an implied gross rental yield of 3.5%. One Shenton, there have been 47 rental contracts with an average monthly rent of $5,054. This implies a gross rental yield of 3.4%. Marina Bay Residences,there have been 74 rental contracts for two-bedroom units with monthly rent averaging $6,498, which implies a gross rental yield of 3.3%. Soleil @ Sinaran, 73 rental contracts with an average monthly rent of $5,377 and the implied gross rental yield is 3.0%. Hilltops, there have been 22 rental contracts with monthly rents averaging $7,841. This implies a gross rental yield of 3.0%. Rest of Central Region Vista Park, the average monthly rent is $2,671, based on 47 rental contracts. This gives an implied gross rental yield of 3.9% At One-North Residences, based on the 52 rental contracts with an average monthly rent of $4,467, the implied gross rental yield is 3.5%. The Esta, there have been 13 rental contracts with monthly rents averaging $3,954. Based on this, the implied gross rental yield is 3.1% Outside Central Region The Woodgrove, despite the modest average monthly rent of $2,231, based on eight rental contracts, the implied gross rental yield is an attractive 4.0%. Caspian, based on 66 rental contracts, this implies a gross rental yield of 3.8%. The Centris, based on 82 rental contracts, monthly rents average $3,591 for two-bedroom units, which implies a gross rental yield of 3.3%. Lakeholmz, there have been 15 rental contracts with monthly rents averaging $3,093. Based on this, the implied gross rental yield is 3.2%. 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 29, 2016 Share October 29, 2016 http://business.asiaone.com/property/news/swiss-club-sells-3-plots-land-jll-auction Swiss Club sells 3 plots of land at JLL auction Oct 27, 2016 "THE Swiss Club has sold three vacant plots of land zoned for residential use in the Bukit Tinggi/Jalan Kampong Chantek vicinity for a total of S$15.222 million. The land parcels were sold at JLL's auction on Tuesday. The buyer is a Singaporean, said Mok Sze Sze, JLL Singapore auction head." 3 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 29, 2016 Share October 29, 2016 http://sbr.com.sg/commercial-property/news/singapore-sees-auction-pickup Singapore sees auction pickup Oct 28, 2016 Healthy bidding for three Swiss Club estate has seen Q4 beat the rest of the year. Auction sales have seen an uptick in numbers over the quarters, with total sales value of $45.0 million concluded by 3Q16, and SGD 44.0 million hammered thus far in 4Q16. According to JLL, total auction sales in 4Q16 was given a boost by the sale of three vacant plots of land within the prime Swiss Club estate for $15.2 million, as well as a landed property at 4 Jalan Bahasa for $12.3 million. JLL noted that three vacant lands within Swiss Club estate attracted a total of 14 bids. We see renewed interest in the auction market, especially for landed units in favourable locations with redevelopment potential. These three successful sales indicate that there are keen buyers in the market looking for landed units within good locations that are suitable for redevelopment. 3 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 29, 2016 Share October 29, 2016 http://www.theedgeproperty.com.sg/content/v-shenton-sees-prices-hit-2852-psf V on Shenton sees prices hit $2,852 psf October 28, 2016 Transactions in the CBD area in District 1 have picked up in recent weeks. The development that has seen the most transactions in the week of Oct 11 to 18 was V on Shenton, where five units were sold over the seven-day period. The units sold in the week of Oct 11 to 18 ranged from $1.15 million ($2,537 psf) for a 452 sq ft studio on the 31st floor to $3.82 million ($2,164 psf) for a 1,765 sq ft, three-bedroom unit on the 50th floor. Unit prices ranged from $1,907 psf to $2,852 psf. About 80% of the 510 units at V on Shenton have been sold so far. The project is expected to be completed next year. “V on Shenton is not the only condo that has seen a surge in interest,” says Bruce Lye, managing partner of realtor SRI. One Shenton, located nearby, has also seen a renewal of interest. Three units at One Shenton were sold in August and September. A 581 sq ft, one-bedroom unit on the 20th floor fetched $1.08 million ($1,858 psf), another similar-sized unit on the 41st floor was sold for close to $1.2 million ($2,058 psf) and a 1,130 sq ft, two-bedroom unit on the 22nd floor changed hands for $1.73 million ($1,531 psf). Marina One is developed by M+S, a joint-venture company set up by Malaysia’s Khazanah Nasional and Singapore’s Temasek Holdings. The residential component comprises two residential towers (Marina One Residences) with a total of 1,042 units. So far, only one tower of 521 units has been released. A handful of units were sold in September at a median price of $2,195 psf. This brings the total units sold as at end-September to 380 out of 401 units launched to date. Both local and foreign investors will continue to buy selectively. “For foreigners, Singapore — recently ranked the third-largest financial centre in the world after London and New York — looks like the best place to park their wealth,"says SRI’s Lye. The political stability is also a draw amid the global market uncertainty.” 5 Link to post Share on other sites More sharing options...
car50 Twincharged October 29, 2016 Share October 29, 2016 Not sure how they chose, based on the 2 roomers There are others that have achieved even better yield but not mentioned yield is also dependent on size, 2 bedder can range from 500 sfeet to >1000sfeet so need to compare apples with apples to be useful Weak rentals? 3% to 4% easy peasy lah http://www.theedgeproperty.com.sg/content/condos-most-resilient-rentsCondos with the most resilient rentsOctober 28, 2016Core Central RegionAt The Sail @ Marina Bay, average monthly rent for two-bedroom units is $5,182, based on 164 rental contracts, which translates into an implied gross rental yield of 3.5%.One Shenton, there have been 47 rental contracts with an average monthly rent of $5,054. This implies a gross rental yield of 3.4%.Marina Bay Residences,there have been 74 rental contracts for two-bedroom units with monthly rent averaging $6,498, which implies a gross rental yield of 3.3%.Soleil @ Sinaran, 73 rental contracts with an average monthly rent of $5,377 and the implied gross rental yield is 3.0%.Hilltops, there have been 22 rental contracts with monthly rents averaging $7,841. This implies a gross rental yield of 3.0%.Rest of Central RegionVista Park, the average monthly rent is $2,671, based on 47 rental contracts. This gives an implied gross rental yield of 3.9%At One-North Residences, based on the 52 rental contracts with an average monthly rent of $4,467, the implied gross rental yield is 3.5%.The Esta, there have been 13 rental contracts with monthly rents averaging $3,954. Based on this, the implied gross rental yield is 3.1%Outside Central RegionThe Woodgrove, despite the modest average monthly rent of $2,231, based on eight rental contracts, the implied gross rental yield is an attractive 4.0%.Caspian, based on 66 rental contracts, this implies a gross rental yield of 3.8%.The Centris, based on 82 rental contracts, monthly rents average $3,591 for two-bedroom units, which implies a gross rental yield of 3.3%.Lakeholmz, there have been 15 rental contracts with monthly rents averaging $3,093. Based on this, the implied gross rental yield is 3.2%. V on shenton >2500pfs for 31st floor is very high One shenton prices have dropped over the past few years, don't think owners made much $ http://www.theedgeproperty.com.sg/content/v-shenton-sees-prices-hit-2852-psfV on Shenton sees prices hit $2,852 psfOctober 28, 2016Transactions in the CBD area in District 1 have picked up in recent weeks. The development that has seen the most transactions in the week of Oct 11 to 18 was V on Shenton, where five units were sold over the seven-day period. The units sold in the week of Oct 11 to 18 ranged from $1.15 million ($2,537 psf) for a 452 sq ft studio on the 31st floor to $3.82 million ($2,164 psf) for a 1,765 sq ft, three-bedroom unit on the 50th floor. Unit prices ranged from $1,907 psf to $2,852 psf.About 80% of the 510 units at V on Shenton have been sold so far. The project is expected to be completed next year. “V on Shenton is not the only condo that has seen a surge in interest,” says Bruce Lye, managing partner of realtor SRI.One Shenton, located nearby, has also seen a renewal of interest. Three units at One Shenton were sold in August and September. A 581 sq ft, one-bedroom unit on the 20th floor fetched $1.08 million ($1,858 psf), another similar-sized unit on the 41st floor was sold for close to $1.2 million ($2,058 psf) and a 1,130 sq ft, two-bedroom unit on the 22nd floor changed hands for $1.73 million ($1,531 psf).Marina One is developed by M+S, a joint-venture company set up by Malaysia’s Khazanah Nasional and Singapore’s Temasek Holdings. The residential component comprises two residential towers (Marina One Residences) with a total of 1,042 units. So far, only one tower of 521 units has been released. A handful of units were sold in September at a median price of $2,195 psf. This brings the total units sold as at end-September to 380 out of 401 units launched to date.Both local and foreign investors will continue to buy selectively. “For foreigners, Singapore — recently ranked the third-largest financial centre in the world after London and New York — looks like the best place to park their wealth,"says SRI’s Lye. The political stability is also a draw amid the global market uncertainty.” 8 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 29, 2016 Share October 29, 2016 Not sure how they chose, based on the 2 roomers There are others that have achieved even better yield but not mentioned yield is also dependent on size, 2 bedder can range from 500 sfeet to >1000sfeet so need to compare apples with apples to be useful V on shenton >2500pfs for 31st floor is very high One shenton prices have dropped over the past few years, don't think owners made much $ Yes bro, the report based on 2 roomers.Just take as reference guide, may be useful for investors looking for yield, zoom in on specific projects or room type. V on shenton is very high, the floor or psf? Those who bought in recent years if selling now, doubt can make much $. Great if still have profits, or lucky to breakeven or suffer just a small loss. But check this out, this one caught my attention. Landed (1), bought in July 2015, sold in Oct 2016, still can profit 1.45mil 8 Link to post Share on other sites More sharing options...
therock Supersonic October 29, 2016 Share October 29, 2016 Maybe he bought an empty plot or an old run down place and did the renovations.. The area listed - is that the land area or the total built up area? 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 30, 2016 Share October 30, 2016 http://www.propertyguru.com.sg/property-management-news/2016/10/139193/woman-arrested-for-suspected-rental-scams Woman arrested for suspected rental scams October 27, 2016 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 30, 2016 Share October 30, 2016 http://business.asiaone.com/property/news/5-ways-decide-whether-or-not-use-housing-agent 5 ways to decide whether or not to use a housing agent Oct 27, 2016 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 30, 2016 Share October 30, 2016 6.9mil coming http://www.propertyguru.com.sg/property-management-news/2016/10/139328/singapore-must-go-car-lite-sooner-rather-than-later Singapore must go car-lite, sooner rather than later October 28, 2016 "With Singapore’s population forecast to grow to around 6.9 million by 2030, the nation needs to embrace car-lite mobility sooner to ensure its long-term liveability and sustainability, according to the Urban Land Institute (ULI) and the Centre for Liveable Cities (CLC), Singapore." 9 Link to post Share on other sites More sharing options...
LPPL 6th Gear October 30, 2016 Share October 30, 2016 2030 still some way ahead, don't like to think too far, maybe because getting old LOL 2 Link to post Share on other sites More sharing options...
therock Supersonic October 30, 2016 Share October 30, 2016 6.9mil coming http://www.propertyguru.com.sg/property-management-news/2016/10/139328/singapore-must-go-car-lite-sooner-rather-than-later Singapore must go car-lite, sooner rather than later October 28, 2016 "With Singapore’s population forecast to grow to around 6.9 million by 2030, the nation needs to embrace car-lite mobility sooner to ensure its long-term liveability and sustainability, according to the Urban Land Institute (ULI) and the Centre for Liveable Cities (CLC), Singapore." I think we need to go 'body-lite' too... or we will be packed like sardines all over Singapore, unless you live in MacRitchie Reservoir.. 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 30, 2016 Share October 30, 2016 I think we need to go 'body-lite' too... or we will be packed like sardines all over Singapore, unless you live in MacRitchie Reservoir..Haha bro, no issue with housing an extra 1.5mil ppl, gov already have plans in place to free up more land, Paya Lebar air base, southern waterfront etc ...or buildings just have to go higher.http://www.channelnewsasia.com/news/specialreports/nd2013/news/new-town-could-be-built-when-paya-lebar/782452.html https://www.ura.gov.sg/uol/master-plan/View-Master-Plan/master-plan-2014/master-plan/Regional-highlights/central-area/central-area/Greater-southern-waterfront.aspx It's the day to day that one will definitely feel the squeeze. As of now, just check MRT during peak hours or shopping centres during weekends. Also with car-lite, we have bicycles, scooters etc zooming pass us on a daily basis, can't even walk in peace and feel safe. But with less babies and an ageing population, who gonna take care of the aged? Or maintain a strong workforce to keep the economy wheel churning? With more ppl, only means demand to increase, prices to go up,be it housing, cars or other basic necessities, things are just gonna get more and more expensive. So IMHO, it's inevitable that we are moving towards 6.9mil, maybe more in future. The way I see it is to prepare oneself and be ready for it. So...are you ready? 11 Link to post Share on other sites More sharing options...
Mercury1 Turbocharged October 30, 2016 Share October 30, 2016 Interesting I reviewed the transaction its a single story terrace no reno made, seems odd but maybe its just good timing Maybe he bought an empty plot or an old run down place and did the renovations.. The area listed - is that the land area or the total built up area? 7 Link to post Share on other sites More sharing options...
therock Supersonic October 30, 2016 Share October 30, 2016 But the area listed, is the total land or total built up area? 2 Link to post Share on other sites More sharing options...
Mercury1 Turbocharged October 30, 2016 Share October 30, 2016 Its a single storey end terrace, from the looks of it quite sure its total land. Won't post the address cause its not right lah haha That said that price seems out considering the area. But the area listed, is the total land or total built up area? ↡ Advertisement 5 Link to post Share on other sites More sharing options...
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