Mercs Hypersonic December 9, 2019 Author Share December 9, 2019 https://www.businesstimes.com.sg/real-estate/singapore-has-a-property-glut-that-could-take-years-to-clear Singapore has a property glut that could take years to clear ↡ Advertisement 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 9, 2019 Author Share December 9, 2019 https://www.businesstimes.com.sg/real-estate/from-newspaper-delivery-boy-to-real-estate-leader From newspaper delivery boy to real estate leader (Propnex CEO says his philosophy is not to worship money or be blinded by it for it can ruin your core values) 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 9, 2019 Author Share December 9, 2019 https://www.businesstimes.com.sg/companies-markets/mergers-and-acquisitions-up-in-2019-but-deal-sizes-are-shrinking Mergers and acquisitions up in 2019 but deal sizes are shrinking ("Bigger is better" will remain a key theme in 2020, though some expect M&A activity to stabilise or cool) 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 9, 2019 Author Share December 9, 2019 https://sbr.com.sg/residential-property/news/chart-day-private-home-price-growth-moderates-13-in-q3 Private home price growth moderates to 1.3% in Q3 Prices in the non-landed segment rose 1.3% QoQ, slower than the 2% recorded in the previous quarter. Core Central Region (CCR) saw its prices edge up 2%, whilst those in the Rest of Central Region (RCR) and Outside Central Region were up 1.3% and 0.8% respectively. Landed properties rose 1%, a reverse from the 0.1% decline in Q2. The average prices in the luxury segment also inched up 0.4% QoQ in Q3. The supply of uncompleted private homes with planning approval came at 50,964 units, which is 0.6% QoQ higher. However, 31,948 units or 62.7% of this pipeline supply remained unsold, , down 1,728 from 33,673 units in Q2. 6 Link to post Share on other sites More sharing options...
BanCoe Hypersonic December 9, 2019 Share December 9, 2019 10 hours ago, Mercs said: https://www.asiaone.com/lifestyle/space-efficient-clementi-hdb-home-no-room-goes-waste In this space-efficient Clementi HDB home, no room goes to waste Is the main entrance next to the store room, looks rather damn small, how to move in large objects in ??? 4 1 Link to post Share on other sites More sharing options...
Angcheek Hypersonic December 9, 2019 Share December 9, 2019 7 hours ago, BanCoe said: Is the main entrance next to the store room, looks rather damn small, how to move in large objects in ??? How @Spring gonna enter ? 2 3 Link to post Share on other sites More sharing options...
Fu11thr0tt1e Turbocharged December 9, 2019 Share December 9, 2019 (edited) Beside demand, hv u ever wonder why are $ingapore properties becoming more and more expensive? https://www.mnd.gov.sg/newsroom/speeches/view/revision-of-development-charge-rates-2019 https://www.straitstimes.com/singapore/singapore-budget-2018-top-marginal-buyers-stamp-duty-to-go-up-from-3-to-4-for-residential Edited December 9, 2019 by Fu11thr0tt1e 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 9, 2019 Author Share December 9, 2019 8 hours ago, BanCoe said: Is the main entrance next to the store room, looks rather damn small, how to move in large objects in ??? Think so ... store room was at the other end before conversion. Agree, entrance area looks kinda tight 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 9, 2019 Author Share December 9, 2019 1 hour ago, Angcheek said: How @Spring gonna enter ? He just "Spring" in... 😛 4 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 9, 2019 Author Share December 9, 2019 https://www.srx.com.sg/singapore-property-news/57321/the-mrt-attraction?utm_medium=editorial The MRT Attraction 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 9, 2019 Author Share December 9, 2019 11 hours ago, Mercs said: https://www.businesstimes.com.sg/real-estate/singapore-has-a-property-glut-that-could-take-years-to-clear Singapore has a property glut that could take years to clear https://www.propertyguru.com.sg/property-management-news/2019/12/184917/4-years-needed-to-clear-property-supply-glut-experts Developers Want Property Curbs Eased This current glut has caused developers to call the government to ease property curbs, including by decreasing the 20% stamp duty for foreign purchasers and giving them more time to sell apartments before receiving penalties in the form of levies. “Unwise” For The Government To Bail Out Developers: Property Prices Have Been Increasing Since The Cooling Measures 7 Link to post Share on other sites More sharing options...
BanCoe Hypersonic December 9, 2019 Share December 9, 2019 (edited) 3 hours ago, Mercs said: He just "Spring" in... 😛 Must be chewren size house for you lah 🤣🤣....... petite for you ... doll house Edited December 9, 2019 by BanCoe 3 2 Link to post Share on other sites More sharing options...
Mcscot 5th Gear December 9, 2019 Share December 9, 2019 Interesting times ... the developers want cooling measures relaxed but this Cushman and Wakefield analyst feels it is a wrong move. As previously iterated in the other threads, our property market is quite "artificial". I doubt the Govt will allow property prices to crash as it is bad for the economy and GE BUT the amount of revenue generated from ABSD has now become substantial revenue for the Govt AND in some form the perfect "RICH" tax. If there is a glut, all they have to do is to slow down the release of land parcels for the next 4 years to ensure the prices remain stable. In the past, I used to think that the ABSD will be abolished if the market slowed down. I was dead wrong and was "educated". IMHO 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 9, 2019 Author Share December 9, 2019 2 hours ago, BanCoe said: Must be chewren size house for you lah 🤣🤣....... petite for you ... doll house Haha ... someone did mention, only need a small space to piak 😉 😛 4 Link to post Share on other sites More sharing options...
Moris123 Neutral Newbie December 10, 2019 Share December 10, 2019 Parc Canberra EC is located approximately 400 meters from Canberra MRT Station. Target to launch during Feb 2020. This is a rare EC that will ride on the developments in Sembawang as updated in Master Plan 2019. 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 10, 2019 Author Share December 10, 2019 https://www.straitstimes.com/business/property/condo-resale-prices-dip-in-november-srx Condo resale prices dip in November 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 10, 2019 Author Share December 10, 2019 https://www.srx.com.sg/research/57361/nlp-resale-prices-and-volume-sees-slight-drop-in-november-2019-yoy-still-an-increase NLP Resale Prices and Volume Sees Slight Drop in November 2019, YoY Still An Increase 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 10, 2019 Author Share December 10, 2019 https://www.businesstimes.com.sg/real-estate/poh-group-founder-sells-cassia-drive-home-for-s218m Poh Group founder sells Cassia Drive home for S$21.8m (The price works out to S$1,969 psf on 11,073 sq ft of the freehold land area) ↡ Advertisement 5 Link to post Share on other sites More sharing options...
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