Mercs Hypersonic May 24, 2021 Author Share May 24, 2021 https://www.straitstimes.com/singapore/housing/shorter-leases-resale-only-to-hdb-among-ideas-for-prime-bto-flats-desmond-lee Shorter leases, resale only to HDB among ideas for prime BTO flats: Desmond Lee https://www.businesstimes.com.sg/real-estate/in-weighing-hdb-lottery-effect-singapore-mulls-raising-subsidies-imposing-clawbacks In weighing HDB 'lottery effect', Singapore mulls raising subsidies, imposing clawbacks https://www.businesstimes.com.sg/real-estate/demand-for-luxury-penthouses-holds-steady-despite-pandemic Demand for luxury penthouses holds steady despite pandemic (So far this year, there are 9 transactions - 7 in the CCR, 2 in the RCR; demand may gather pace in the near-term) https://www.businesstimes.com.sg/real-estate/good-class-bungalow-prices-keep-rising Good Class Bungalow prices keep rising (Cluny Hill property being built sets record S$4,291 psf; buyer tipped to be Stamped.io founder Tommy Ong who sold the company. Meanwhile, in Chatsworth Rd, two vacant plots sell 40% above neighbouring deal last year) https://www.propertyguru.com.sg/property-management-news/2021/5/198688/local-tech-entrepreneur-buys-cluny-hill-property-for-record-4291-psf "Prior to that deal, the record price in terms of psf on land for a Good Class Bungalow (GCB) transaction was $3,311 psf set in 2019 for James Dyson’s $50 million purchase of a new bungalow in Cluny Road near the Singapore Botanic Gardens,” https://www.propertyguru.com.sg/property-guides/pgf-first-time-home-buyer-family-children-49092 https://www.propertyguru.com.sg/property-guides/pgf-single-parent-singapore-home-loan-49139 https://www.propertyguru.com.sg/property-guides/pgf-downsizing-property-singapore-tips-49129 https://www.propertyguru.com.sg/property-guides/pgf-best-time-for-refinancing-home-loans-49101 https://www.99.co/singapore/insider/manpower-crunch-in-the-construction-sector-whats-the-situation-so-far/ Manpower crunch in the construction sector: What’s the situation so far https://www.asiaone.com/money/will-landed-homes-continue-their-momentum-singapore-market-2021 Will landed homes continue their momentum in the Singapore market for 2021? ↡ Advertisement 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic May 25, 2021 Author Share May 25, 2021 https://www.businesstimes.com.sg/companies-markets/kwek-leng-beng-warns-of-cooling-measures-if-residential-property-prices-continue https://sbr.com.sg/residential-property/news/city-developments-executive-flags-potential-cooling-measures-amidst-rising https://sg.news.yahoo.com/singapore-richest-property-family-cdl-warns-of-cooling-measures-022614160.html Singapore’s richest property family warns of cooling measures https://www.edgeprop.sg/property-news/hdb-launches-3879-new-flats-may-2021-bto-exercise https://www.straitstimes.com/singapore/housing/hdb-to-release-site-locations-of-upcoming-bto-projects-3-instead-of-6-months https://www.straitstimes.com/singapore/housing/hdb-launches-more-than-3800-bto-flats-including-in-bukit-merah-geylang-about-2500 HDB launches over 3,800 BTO flats, including in Bukit Merah, Geylang; more than 5 years' wait for some https://www.propertyguru.com.sg/property-management-news/2021/5/198706/hdb-launches-3879-bto-flats-2494-balance-flats-for-this-month https://www.asiaone.com/money/50-most-affordable-bto-flats-mop-20202021 50 most affordable BTO flats that MOP in 2020/2021 BTO review - https://www.propertyguru.com.sg/property-guides/hdb-may-2021-bukit-merah-bto-38152 https://www.propertyguru.com.sg/property-guides/hdb-may2021-woodlands-bto-38104 https://www.propertyguru.com.sg/property-guides/hdb-may2021-tengah-bto-38123 https://www.propertyguru.com.sg/property-guides/may-2021-hdb-bto-launch-review-37497 https://www.propertyguru.com.sg/property-guides/hdb-may-2021-geylang-bto-38799 https://www.99.co/singapore/insider/may-2021-hdb-bto-in-depth-review-woodlands/ https://www.99.co/singapore/insider/hdb-may-2021-bto-in-depth-review-tengah/ https://www.99.co/singapore/insider/may-2021-hdb-bto-in-depth-review-bukit-merah/ https://www.propertyguru.com.sg/property-guides/pgf-single-parent-singapore-home-loan-49139 https://www.propertyguru.com.sg/property-guides/reits-vs-rental-property-investment-36874 https://www.propertyguru.com.sg/property-guides/pgf-hdb-housing-loan-third-time-appeal-tips-49249 https://www.propertyguru.com.sg/property-guides/pgf-mortgage-insurance-singapore-49254 https://www.propertyguru.com.sg/property-guides/pgf-joint-borrower-mortgage-singapore-49215 https://sg.asiatatler.com/life/singapore-property-market-buyers-need-for-more-space How The Singapore Property Market is Responding to Buyers’ Need For Personal Space 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic May 25, 2021 Author Share May 25, 2021 HUAT AH!!! AMK no 2k psf no talk EC no 1.2k psf no talk https://www.edgeprop.sg/property-news/gls-site-ang-mo-kio-ave-1-draws-15-bids-top-bid-1118-psf https://www.straitstimes.com/business/property/ang-mo-kio-99-year-private-housing-plot-draws-15-bids-ec-plot-in-tengah-draws Ang Mo Kio 99-year private housing plot draws 15 bids; EC plot in Tengah draws seven bids "This optimistic top bid comes in above expectations, and at $1,118 psf ppr, the possible selling price for the residential units here when ready to launch could start from $2,000 psf to $2,100 psf,” The top bid marks a RECORD land rate for an EC site under the GLS programme. The previous high was $583 psf ppr garnered by the Sumang Walk EC site awarded in March 2018. "based on the top bid, this makes it the most expensive land rate for an EC land parcel and the development could be launched at about $1,200 psf, which is higher than the average launch prices of recently launched EC projects on the market. 6 Link to post Share on other sites More sharing options...
Newbie26 Hypersonic May 26, 2021 Share May 26, 2021 14 hours ago, Mercs said: HUAT AH!!! AMK no 2k psf no talk EC no 1.2k psf no talk https://www.edgeprop.sg/property-news/gls-site-ang-mo-kio-ave-1-draws-15-bids-top-bid-1118-psf https://www.straitstimes.com/business/property/ang-mo-kio-99-year-private-housing-plot-draws-15-bids-ec-plot-in-tengah-draws Ang Mo Kio 99-year private housing plot draws 15 bids; EC plot in Tengah draws seven bids "This optimistic top bid comes in above expectations, and at $1,118 psf ppr, the possible selling price for the residential units here when ready to launch could start from $2,000 psf to $2,100 psf,” The top bid marks a RECORD land rate for an EC site under the GLS programme. The previous high was $583 psf ppr garnered by the Sumang Walk EC site awarded in March 2018. "based on the top bid, this makes it the most expensive land rate for an EC land parcel and the development could be launched at about $1,200 psf, which is higher than the average launch prices of recently launched EC projects on the market. so looks like AMK 2000pfs may be the new normal But likely unit size will have to shrink AMK centro residence set record 20 years ago at 1100pfs Still transacting 1400-1500pfs right now with >20 year lease gone 3 Link to post Share on other sites More sharing options...
Mercs Hypersonic May 26, 2021 Author Share May 26, 2021 4 hours ago, Newbie26 said: so looks like AMK 2000pfs may be the new normal But likely unit size will have to shrink AMK centro residence set record 20 years ago at 1100pfs Still transacting 1400-1500pfs right now with >20 year lease gone https://www.businesstimes.com.sg/real-estate/tenders-reflect-developers-growing-hunger-for-land Record bid for Tengah EC site, 15 bids for Ang Mo Kio condo plot signal developers' hunger for land (CDL-MCL Land tie-up's top bid for Tengah site sets record for EC land; UOL-led consortium's top bid for Ang Mo Kio private housing plot is 6.3% above next highest bid) As mentioned prior - low unsold stock/ developers hungry for land as evident with these recent land bids AMK site 6.3% higher than next bidder, EC site setting new RECORD land bid To maintain quantum sweetspot new launch unit size have to keep shrinking Which comes to next often mentioned - 'go resale better value', not just lower psf also bigger in size Next, probably another wave enbloc fever if buy momentum persist Higher land cost = higher sale psf = more expensive to buy in future Which comes to another often mentioned - 'SG property, good to be in as early as possible' 'Expensive 2day cheap 2moro' ? Time will tell 😉 7 1 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic May 26, 2021 Author Share May 26, 2021 (edited) Are you ready? Edited May 26, 2021 by Mercs 2 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic May 27, 2021 Author Share May 27, 2021 https://www.edgeprop.sg/property-news/gls-sites-jalan-tembusu-and-tampines-st-62-released-application https://www.businesstimes.com.sg/real-estate/ura-hdb-release-jalan-tembusu-tampines-street-62-residential-sites-for-sale https://www.straitstimes.com/business/property/two-govt-land-sale-sites-released-for-sale-in-tanjong-katong-and-tampines Two govt land sale sites released for sale in Tanjong Katong and Tampines https://www.businesstimes.com.sg/real-estate/hdb-upgraders-are-fuelling-mass-market-condominium-sales HDB upgraders are fuelling mass-market condominium sales https://www.asiaone.com/money/5-biggest-regret-property-buyers The 5 biggest regret of property buyers https://www.propertyguru.com.sg/property-guides/best-selling-condos-normanton-park-parc-central-residences-midtown-modern-49453 Top 10 Best-selling Condos in Q1 2021: Why Are They So Popular? https://www.propertyguru.com.sg/property-guides/hdb-flats-rental-trends-49420 HDB Flat Rental Trends: How Important Is Location vs Age of The Flat? https://stackedhomes.com/editorial/parc-canberra-vs-provence-residence/ https://stackedhomes.com/editorial/units-of-the-week-issue-64/ https://www.homeanddecor.com.sg/gallery/house-tour-a-shaker-style-minimalist-condo-with-a-hidden-study/ House Tour: A Shaker-style minimalist condo with a hidden study https://www.homeanddecor.com.sg/gallery/house-tour-fengshui-compliant-marble-clad-3-bedroom-condo-in-bukit-batok/ House Tour: Fengshui-compliant marble-clad 3-bedroom condo in Bukit Batok 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic May 27, 2021 Author Share May 27, 2021 6 Link to post Share on other sites More sharing options...
ToyotaShuttle 5th Gear May 27, 2021 Share May 27, 2021 On 5/13/2021 at 12:42 PM, Spidey10 said: very noob question as i was asked by my 15 year old daughter.... question from my daughter... Daughter : Papa, why ah, my fren staying opposite condo the prices keep going up and even the prices of HDB is going up, but hor, our birth rate is declining to almost zero...see all our neighbors, all no children wan...can you explain this phenomenon? will there be people or families buying these properties?...does not make sense to me... Daddy : eeerrr...dunno how to answer!!..scratch my head.. So is there really demand? show her the immigration statistics 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic May 28, 2021 Author Share May 28, 2021 (edited) https://sg.news.yahoo.com/the-super-rich-are-choosing-singapore-as-the-worlds-safest-haven-043130952.html The super rich are choosing Singapore as the world’s safest haven https://stackedhomes.com/editorial/how-many-foreigners-are-really-buying-properties-in-singapore/ How Many Foreigners Are Really Buying Properties In Singapore? https://www.edgeprop.sg/property-news/unit-pandan-valley-reaps-23-mil-profit Unit at Pandan Valley reaps $2.3 mil profit https://www.edgeprop.sg/property-news/bto-projects-could-see-further-delay-construction-faces-manpower-crunch-says-desmond-lee BTO projects could see further delay as construction faces manpower crunch, says Desmond Lee https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-may-11-may-18-done-deals Residential transactions with contracts dated May 11 to May 18 [DONE DEALS] https://www.edgeprop.sg/property-news/sevens-group-acquires-treasure-island-bungalow-mortgagee-sale-12900128 Sevens Group acquires Treasure Island bungalow in mortgagee sale for $12,900,128 https://www.edgeprop.sg/property-news/gcb-rochalie-drive-sale-4088-mil GCB at Rochalie Drive up for sale at $40.88 mil Edited May 28, 2021 by Mercs 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic May 30, 2021 Author Share May 30, 2021 https://www.forbes.com/sites/jonathanburgos/2021/05/26/singapore-property-tycoons-bet-big-on-housing-as-demand-heats-up/?sh=1e65927776ad Singapore Property Tycoons Bet Big On Housing As Demand Heats Up https://www.edgeprop.sg/property-news/arc-tampines-units-put-mcst-sale-880000-and-720000 Arc at Tampines units put up for MCST sale at $880,000 and $720,000 https://www.99.co/singapore/insider/news-application-rate-of-the-may-2021-bto-launch/ Here’s the application rate of the May 2021 BTO launch so far https://stackedhomes.com/editorial/may-2021-bto-launch-ultimate-guide-to-choosing-the-best-unit/ https://stackedhomes.com/editorial/bto-defects-checklist/ https://www.propertyguru.com.sg/property-guides/property-investment-books-49505 https://www.propertyguru.com.sg/property-guides/what-happens-to-your-property-after-you-die-17051 https://www.propertyguru.com.sg/property-guides/the-four-ways-to-monetise-your-hdb-flat-for-retirement-28012 https://www.propertyguru.com.sg/property-guides/pgf-secured-unsecured-loans-collateral-35588 https://www.propertyguru.com.sg/property-guides/hdb-rental-prices-singapore-monthly-salary-afford-49486 https://www.homeanddecor.com.sg/gallery/a-home-concept-inspired-by-the-iconic-macdonalds-look/ Fancy a Macdonald’s inspired living room? 5 Link to post Share on other sites More sharing options...
Mrmilktooth Supercharged May 31, 2021 Share May 31, 2021 I checked the Bukit merah BTO site news and balloting numbers. And price.. it’s indeed worrying for future generations but still I also made my first pot of gold from the nearby BtO.. si bei heng... I ballot 3 room back then and was 8 times oversubscribed.. the 4 rooms were only 20x but had 300 to 400 units... All are bee tang back then ..😊 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic May 31, 2021 Author Share May 31, 2021 Which is why for SG property, always good to be in as early as possible For some BTO is just a 'stepping stone', though may see good profits when sold but still, if have to buy another at prevailing market rate ;) The current SERs at Tanglin Halt also bee tang, just think how much paid for a unit back then and now to be given million dollar homes. Huat :D 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic May 31, 2021 Author Share May 31, 2021 4 Link to post Share on other sites More sharing options...
Mrmilktooth Supercharged May 31, 2021 Share May 31, 2021 The French river project... if bought today and 1 year ago.. paper loss.. quite a lot 😭😭 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic May 31, 2021 Share May 31, 2021 it's on fire ... MTL ... cheong ahh ... YOLO to the max ... no $2M no talk! Link to post Share on other sites More sharing options...
Mercs Hypersonic May 31, 2021 Author Share May 31, 2021 https://www.straitstimes.com/singapore/housing/telok-blangah-4-room-bto-flats-see-overwhelming-demand-more-than-28-applicants-for Telok Blangah 4-room BTO flats see overwhelming demand; over 28 first-time applicants for each unit https://www.propertyguru.com.sg/property-guides/singapore-hdb-resale-flat-prices-28448 Singapore HDB Resale Flat Price Guide (2021) https://stackedhomes.com/editorial/buying-a-bto-flat-in-2021-5-important-changes-you-should-be-aware-of/ https://www.99.co/singapore/insider/mnd-really-wants-your-suggestions-on-public-housing-in-prime-locations-like-the-cbd/ https://www.straitstimes.com/singapore/housing/online-survey-to-gather-public-views-on-new-housing-model-for-bto-flats-in-prime Online survey to gather public views on new housing model for BTO flats in prime areas https://www.businesstimes.com.sg/companies-markets/as-developers-brace-for-tighter-margins-its-time-for-a-rethink-of-their As developers brace for tighter margins, it's time for a rethink of their traditional business models https://www.businesstimes.com.sg/real-estate/is-singapore-residential-development-a-viable-business Is Singapore residential development a viable business? (Margins are thinning, but the Singapore market has some stable, reliable strengths that keep long-term players going) https://www.99.co/singapore/insider/how-has-the-pandemic-affected-landed-home-buyers-property-buying-decision/ How has the pandemic affected landed home buyers’ property-buying decision? https://www.propertyguru.com.sg/property-guides/freehold-landed-property-in-singapore-below-3-million-49741 6 Freehold Landed Properties in Singapore Under $3 Million For Sale https://www.propertyguru.com.sg/property-management-news/2021/5/198838/en-bloc-sales-creating-environmental-problems En bloc sales creating environmental problems? https://www.propertyguru.com.sg/property-guides/downgrade-from-condo-to-hdb-49358 3 Reasons Why Downgrading From a Condo to an HDB Flat Makes Sense (and What You Should Know Before Doing It) https://www.propertyguru.com.sg/property-guides/pgf-how-to-avoid-absd-49744 8 Ways to Avoid ABSD (and Why You Should Always Think Twice Before Doing It) 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic June 1, 2021 Author Share June 1, 2021 https://www.straitstimes.com/multimedia/st-news-night-record-number-of-million-dollar-hdb-flats-sold-this-year https://www.straitstimes.com/singapore/housing/87-million-dollar-hdb-flats-sold-in-first-five-months-of-2021-82-sold-in-2020 87 million-dollar HDB flats sold in first five months of 2021 in new high https://www.propertyguru.com.sg/property-management-news/2021/6/198890/record-43-3-applicants-vie-for-each-four-room-bto-flat-in-bukit-merah Record 43.3 applicants vie for each four-room BTO flat in Bukit Merah https://www.propertyguru.com.sg/property-guides/singaporean-lgbtq-couple-afford-condo-under-30-30230 LGBTQ Singaporeans: How This Couple Bought A Condo at 27, Despite Each Earning Under 5,000 Monthly ↡ Advertisement 8 Link to post Share on other sites More sharing options...
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