Mercs Hypersonic August 13, 2020 Author Share August 13, 2020 https://www.edgeprop.sg/property-news/which-are-hottest-hdb-estates-2q2020 Which are the hottest HDB estates in 2Q2020? ↡ Advertisement 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 13, 2020 Author Share August 13, 2020 https://sbr.com.sg/residential-property/in-focus/pent-demand-lifted-singapores-residential-market Pent-up demand lifted Singapore's residential market (The number of condo listings jumped 51,359 in Q2 from a weaker Q1.) 6 Link to post Share on other sites More sharing options...
PropSG 2nd Gear August 14, 2020 Share August 14, 2020 https://www.theedgesingapore.com/news/singapore-economy/singapore-and-japan-agree-resume-essential-business-travel?utm_source=mycarforum&utm_medium=&utm_campaign=forumposting Singapore and Japan agree to resume essential business travel 2 Link to post Share on other sites More sharing options...
PropSG 2nd Gear August 14, 2020 Share August 14, 2020 https://www.edgeprop.sg/property-news/supermarket-sales-rise-417-y-o-y-june-knight-frank?utm_source=mycarforum&utm_medium=&utm_campaign=forumposting Supermarket sales rise 41.7% y-o-y in June: Knight Frank 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 14, 2020 Author Share August 14, 2020 https://www.99.co/blog/singapore/aug-2020-bto-launch-in-depth-review-part-2-woodlands-and-ang-mo-kio/ Aug 2020 BTO Launch In-Depth Review (Part 2): Woodlands and Ang Mo Kio https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-july-28-aug-4-done-deals Residential transactions with contracts dated July 28 to Aug 4 [DONE DEALS] 7 Link to post Share on other sites More sharing options...
Newbie26 Hypersonic August 14, 2020 Share August 14, 2020 12 hours ago, Mercs said: https://www.edgeprop.sg/property-news/unit-soleil-sinaran-incurs-226-mil-loss Unit at Soleil @ Sinaran incurs $2.26 mil loss This Soleil penthouse was previously highlighted by Edge some months ago Apparently foreign buyer who stayed in the penthouse before going overseas. Single loading penthouse with great city views all round Soleil is 99 LH but a top notch condo and linked to novena shopping center through a side gate. Think Soleil is the condo nearest to novena MRT, so location is superb. Buyer at 1500pfs plus got a very good deal when one compare to similar FH condos in the area. 6 Link to post Share on other sites More sharing options...
Newbie26 Hypersonic August 14, 2020 Share August 14, 2020 12 hours ago, Mercs said: https://sbr.com.sg/residential-property/in-focus/pent-demand-lifted-singapores-residential-market Pent-up demand lifted Singapore's residential market (The number of condo listings jumped 51,359 in Q2 from a weaker Q1.) New sales euphoria When covid is over, re sales likely to rebound, another "pent-up" 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 14, 2020 Author Share August 14, 2020 2 hours ago, Newbie26 said: This Soleil penthouse was previously highlighted by Edge some months ago Apparently foreign buyer who stayed in the penthouse before going overseas. Single loading penthouse with great city views all round Soleil is 99 LH but a top notch condo and linked to novena shopping center through a side gate. Think Soleil is the condo nearest to novena MRT, so location is superb. Buyer at 1500pfs plus got a very good deal when one compare to similar FH condos in the area. At 7.5mil most locals would go FH condo/landed, probably another foreign elite Richie Rich buying as vacation or retirement home (near medical) Agree ... 'go resale for better value' 😉 😛 The owner of the penthouse that is on the market is a Singapore permanent resident. He purchased it for $9.76 million ($1,980 psf) in 2011, when the project was newly completed. It was his residence until 2017, when he relocated to Hawaii. The unit has been leased out for $15,000 a month since then. The penthouse was first put up for sale in 2018 with a price tag of $9.5 million ($1,915 psf). However, it failed to find a buyer then. The asking price has now been adjusted to $8.5 million, and the unit is marketed by SRI agents, associate division director Chriss Lee and senior associate sales director Darren Timothy Tan. The rental lease for the penthouse will expire at the end of the year. However, the rental agreement also comes with a break-lease clause and a three-month notice period to the tenant if the unit is successfully sold before the end of the lease period, according to the SRI agents. When SRI first began marketing the penthouse in March, there were interested buyers. However, safe distancing measures and the circuit breaker that followed have curtailed all property viewings until June 1. Viewing of the unit will resume from June 2, says SRI’s Lee, to give buyers the opportunity to see the actual unit before committing to a purchase. 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 14, 2020 Author Share August 14, 2020 2 hours ago, Newbie26 said: New sales euphoria When covid is over, re sales likely to rebound, another "pent-up" With covid, less sellers willing to open up homes for viewing, vice versa buyers may not be keen to view unless vacant. Agree, but when covid indeed over, not just resales to rebound, new sales also rebound with more sales ... basically, everything also rebound! 😛 3 3 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 14, 2020 Author Share August 14, 2020 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 14, 2020 Author Share August 14, 2020 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 14, 2020 Author Share August 14, 2020 https://www.businesstimes.com.sg/real-estate/enbloc-activity-in-geylang-attracting-smaller-developers Enbloc activity in Geylang attracting smaller developers (This month Yuen Sing Mansion, a freehold collective sale site along Lorong 13 Geylang, was sold via private treaty for S$15.2 million) https://www.businesstimes.com.sg/real-estate/tivoli-lodge-condo-in-geylang-up-for-collective-sale-with-s173m-guide-price Tivoli Lodge condo in Geylang up for collective sale with S$17.3m guide price 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 14, 2020 Author Share August 14, 2020 Reits (August 15-16, 2020) 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 14, 2020 Author Share August 14, 2020 11 hours ago, Newbie26 said: New sales euphoria When covid is over, re sales likely to rebound, another "pent-up" To add on, with looming uncertainty ( covid/economy/job prospects) and construction delays (longer waiting time), more may be looking towards resales, either to buy/rent for stay interim while awaiting new unit completion, or as a cheaper yet faster alternative with immediate occupation. So may expect volume to strengthen/rebound, whether if translate to uptick in rental/resales prices, coming months should reveal. 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 14, 2020 Author Share August 14, 2020 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic August 15, 2020 Author Share August 15, 2020 5 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator August 15, 2020 Share August 15, 2020 1 hour ago, Mercs said: That's not an onsen! 🤣 Anyhow only. 3 Link to post Share on other sites More sharing options...
car50 Twincharged August 15, 2020 Share August 15, 2020 22 hours ago, Mercs said: At 7.5mil most locals would go FH condo/landed, probably another foreign elite Richie Rich buying as vacation or retirement home (near medical) Agree ... 'go resale for better value' 😉 😛 Very nice single level huge pent house with unblocked city view Night views (from guru website) nice too ↡ Advertisement 5 Link to post Share on other sites More sharing options...
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