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https://www.edgeprop.sg/property-news/mixed-housing-market-3q2020

Mixed housing market in 3Q2020

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Decline in unsold inventory

Based on URA data, there were 26,578 unsold private residential units as at 3Q2020, 5.6% lower than in 2Q2020 and a sharp 29.7% decline from the high of 37,799 units in 1Q2019. “Unsold stock has been declining for six consecutive quarters, given healthy primary market sales volumes and limited land sales activities during the past quarters,” 

If unsold inventory continues to decline and the primary market remains healthy into 2021 with the possibility of a market upturn, “we could potentially see some revival in the collective sales market next year”. “It is not necessary for unsold inventory to decline to very low levels before demand for residential sites picks up.”

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https://www.straitstimes.com/singapore/housing/housing-programmes-see-hdbs-deficit-grow-to-266b-the-highest-so-far

Housing programmes see HDB's deficit grow to $2.66b, the highest so far

 

https://www.businesstimes.com.sg/real-estate/reits-october-24-25-2020

Reits (October 24-25, 2020)

 

https://stackedhomes.com/editorial/shophouse-versus-bungalows/#gs.iyq8to

Shophouse Versus Bungalows: Which Are Better Investments?

https://stackedhomes.com/editorial/i-bought-the-condo-i-was-renting/#gs.iyqf1h

I Bought The Condo I was Renting; It Was My Best Move Ever

 

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https://www.straitstimes.com/business/property/siglap-shopping-centre-up-for-collective-sale-with-120-million-reserve-price

Siglap Shopping Centre up for collective sale with $120 million reserve price

 

"The owners' reserve price translates to a land rate of $1,235 per sq ft per plot ratio (psf ppr), after factoring in the additional 7 per cent bonus residential gross floor area for private outdoor spaces and inclusive of an estimated development charge of $47.47 million and an estimated alienation cost of $7.2 million for the state land plot."

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https://www.propertyguru.com.sg/property-management-news/2020/10/193899/knight-franks-live-auction-a-success-sells-property-at-22-above-opening-price

Knight Frank Sells Property At 22% Above Opening Price In First Property Auction Since Circuit Breaker

 

(At a land area of approximately 305.7 sqm (3,290 sq ft), the 2-storey semi-detached house has 51 years left in its leasehold tenure of 99 years)

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https://www.businesstimes.com.sg/government-economy/how-has-covid-19-hit-singapores-less-well-off

How has Covid-19 hit Singapore's less well-off?

 

Property

Singapore's private-home price index rose 0.8 per cent in the third quarter of this year from the preceding three months, and grew 0.65 per cent year on year.

Private-apartment ownerships and data on household income trends over the past decade show that the rate at which people in the 61st-90th income deciles upgraded into condominiums outpaced those from the lower-income deciles.

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https://www.straitstimes.com/business/invest/look-west-for-better-rental-yields

Me & My Property: Look west for better rental yields

(Second CBD in Jurong will create jobs and fuel demand for homes there)

 

https://www.propertyguru.com.sg/property-guides/bto-prices-increase-affordability-35599

BTO Prices Have Gone Up, But Have They Necessarily Become More Expensive?

https://www.propertyguru.com.sg/property-guides/hdb-loft-units-35594

What Are HDB Loft Units And Is it Illegal to “Build” Your Own Loft?

 

https://www.propertyguru.com.sg/property-guides/pgf-downpayment-guide-hdb-condo-private-35590

Home Loan Downpayments: How Much Must You Pay Upfront for HDB vs Private Property?

https://www.propertyguru.com.sg/property-guides/pgf-amortisation-calculation-home-loan-interest-35592

What is Amortisation and Does It Matter to Home Loans in Singapore?

https://www.propertyguru.com.sg/property-guides/pgf-secured-unsecured-loans-collateral-35588

Secured vs Unsecured Loans: What is Collateral?

https://www.propertyguru.com.sg/property-guides/pgf-refinance-hdb-loan-to-bank-mortgage-35571

How to Refinance from HDB Housing Loan to Bank Loan

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9 hours ago, Kopites said:

RM 2.3 mil only。

initially i wanted to post $750K SGD ... sibei cheap especially for PENANG

then found out it is located at Bukit Mertajam [thumbsdown]   .... lol

Edited by Wt_know
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2 hours ago, Wt_know said:

initially i wanted to post $750K SGD ... sibei cheap especially for PENANG

then found out it is located at Bukit Mertajam [thumbsdown]   .... lol

I have only been to Penang one for holiday. No so familiar.

This place not livable?

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3 hours ago, Kopites said:

I have only been to Penang one for holiday. No so familiar.

This place not livable?

Bt Mertajam ... Cowboy town of Penang...

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