Mercs Hypersonic September 22, 2021 Author Share September 22, 2021 https://www.edgeprop.sg/property-news/st-martin’s-apartment-achieves-new-high-2328-psf St Martin’s Apartment achieves new high of $2,328 psf https://www.edgeprop.sg/property-news/unit-marina-bay-residences-turns-547-mil-profit Unit at Marina Bay Residences turns in $5.47 mil profit https://www.edgeprop.sg/property-news/residential-site-gilstead-road-selling-918-mil Residential site at Gilstead Road selling for $91.8 mil https://www.businesstimes.com.sg/real-estate/loft68-at-geylang-up-for-sale-with-s149m-asking-price Loft68 at Geylang up for sale with S$14.9m asking price https://www.businesstimes.com.sg/real-estate/luxury-penthouse-apartment-at-bishopsgate-residences-up-for-sale-at-s25m-indicative Luxury penthouse apartment at Bishopsgate Residences up for sale at S$25m indicative price https://www.propertyguru.com.sg/property-guides/pgf-hdb-resale-flat-estates-price-most-expensive-cheapest-55414 HDB Resale Flat Estates Ranked from Most Expensive to Most Affordable https://www.asiaone.com/money/9-often-overlooked-costs-can-eat-your-condominium-profits 9 often overlooked costs that can eat into your condominium profits https://www.99.co/singapore/insider/evergrande-china-property-developer-things-to-know/ The Evergrande crisis: 4 things to know about the Chinese property developer, and whether it’ll impact Singapore’s property market https://www.homeanddecor.com.sg/gallery/house-tour-retro-meets-contemporary-in-this-cosy-three-room-hdb-flat-at-crawford-lane/ House Tour: A retro-modern makeover for this cosy three-room HDB flat at Crawford Lane https://www.youtube.com/watch?v=Xo6Ldda9XcM ↡ Advertisement 5 Link to post Share on other sites More sharing options...
Newbie26 Hypersonic September 22, 2021 Share September 22, 2021 12 minutes ago, Mercs said: https://www.edgeprop.sg/property-news/st-martin’s-apartment-achieves-new-high-2328-psf St Martin’s Apartment achieves new high of $2,328 psf https://www.edgeprop.sg/property-news/unit-marina-bay-residences-turns-547-mil-profit Unit at Marina Bay Residences turns in $5.47 mil profit https://www.edgeprop.sg/property-news/residential-site-gilstead-road-selling-918-mil Residential site at Gilstead Road selling for $91.8 mil https://www.businesstimes.com.sg/real-estate/loft68-at-geylang-up-for-sale-with-s149m-asking-price Loft68 at Geylang up for sale with S$14.9m asking price https://www.businesstimes.com.sg/real-estate/luxury-penthouse-apartment-at-bishopsgate-residences-up-for-sale-at-s25m-indicative Luxury penthouse apartment at Bishopsgate Residences up for sale at S$25m indicative price https://www.propertyguru.com.sg/property-guides/pgf-hdb-resale-flat-estates-price-most-expensive-cheapest-55414 HDB Resale Flat Estates Ranked from Most Expensive to Most Affordable https://www.asiaone.com/money/9-often-overlooked-costs-can-eat-your-condominium-profits 9 often overlooked costs that can eat into your condominium profits https://www.99.co/singapore/insider/evergrande-china-property-developer-things-to-know/ The Evergrande crisis: 4 things to know about the Chinese property developer, and whether it’ll impact Singapore’s property market https://www.homeanddecor.com.sg/gallery/house-tour-retro-meets-contemporary-in-this-cosy-three-room-hdb-flat-at-crawford-lane/ House Tour: A retro-modern makeover for this cosy three-room HDB flat at Crawford Lane https://www.youtube.com/watch?v=Xo6Ldda9XcM https://www.edgeprop.sg/property-news/st-martin’s-apartment-achieves-new-high-2328-psf St Martin’s Apartment achieves new high of $2,328 psf Think a lot of condos hitting historic high not just St Martin May be better for prices to cool down a bit 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 22, 2021 Author Share September 22, 2021 2 hours ago, Newbie26 said: https://www.edgeprop.sg/property-news/st-martin’s-apartment-achieves-new-high-2328-psf St Martin’s Apartment achieves new high of $2,328 psf Think a lot of condos hitting historic high not just St Martin May be better for prices to cool down a bit Always Demand Supply, when demand outstrip supply near term unlikely for prices to cool BTO delay - hdb resale take up/prices boomz PTE new launch low unsold balance stock - take up/prices boomz (eg: PR8 up prices few times) PTE resale - take up/prices boomz on WFH more looking to upgrade/ bigger homes Ah kong hands FULL with endemic living no time to bother with more CMs My view in time to come property market eventually to self correct, when buyers feel prices too much/high, reaching a saturation point to stabilize at new highs. So for those still on waiting game not onboard the property bull train can wait long long, future to pay a more expensive ticket to board, just compare prices few years back and now ... any cheaper to buy today? ;) As always- 'got data got talk, real stuff cannot bluff' UP UP and away! :D 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 23, 2021 Author Share September 23, 2021 https://www.edgeprop.sg/property-news/wee-family-puts-portfolio-houses-thiam-siew-avenue-sale Wee family puts portfolio of houses on Thiam Siew Avenue up for sale https://www.99.co/singapore/insider/what-factors-necessary-possible-en-bloc-collective-sale/ What factors are necessary for a possible en bloc or collective sale? https://stackedhomes.com/editorial/13-4-of-bto-flats-were-sold-within-a-year-of-mop/ https://stackedhomes.com/editorial/units-of-the-week-issue-81/ https://www.homeanddecor.com.sg/gallery/house-tour-a-stylish-hdb-maisonette-in-tampines-with-monochrome-luxe-hotel-vibes/ House Tour: A stylish HDB maisonette in Tampines with monochrome luxe hotel vibes 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 24, 2021 Author Share September 24, 2021 https://www.channelnewsasia.com/singapore/condo-unit-buyers-agents-jail-otp-stamp-duties-absd-2199616 Condominium unit buyers, agents get jail for backdating Option to Purchase to evade higher stamp duties https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-sept-5-sept-14-done-deals Residential transactions with contracts dated Sept 5 to Sept 14 [DONE DEALS] https://www.edgeprop.sg/property-news/lee-rubber-buys-property-martia-road-convent-28-mil Lee Rubber buys property at Martia Road from convent for $28 mil https://www.edgeprop.sg/property-news/duplex-penthouse-casero-dunman-priced-23-mil Duplex penthouse at Casero @ Dunman priced at $2.3 mil https://www.edgeprop.sg/property-news/window-opportunity-opens-collective-sale-strata-mixed-use-developments Window of opportunity opens for collective sale of strata mixed-use developments https://www.99.co/singapore/insider/bto-together-60-year-old-couple-buys-hdb-flat-under-mgps/ Loving couple in their sixties buys an HDB BTO Flat under Multi-Generation Priority Scheme (MGPS) https://www.99.co/singapore/insider/leo-koguan-now-lives-james-dyson-penthouse-guoco-tower-tesla/ What has Leo KoGuan, who now lives in James Dyson’s former penthouse in Guoco Tower, has to do with Tesla? https://stackedhomes.com/editorial/review-of-waterview-condo-bedok-reservoir-x-tampines-quarry/ https://www.youtube.com/watch?v=N5yxo4g8XXk 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 27, 2021 Author Share September 27, 2021 https://www.asiaone.com/money/singapores-first-time-homebuyers-bind-public-housing-prices-close-record-levels Singapore's first-time homebuyers in a bind as public housing prices close in on record levels https://www.asiaone.com/money/property-market-update-private-home-sales-dip-while-prices-keep-climbing Property market update: Private home sales dip while prices keep climbing https://sbr.com.sg/residential-property/news/home-resale-volumes-hit-record-5483-units-in-q2 Home resale volumes hit a record 5,483 units in Q2 https://sbr.com.sg/residential-property/news/heres-why-residential-leasing-volumes-increased-in-q2 Here’s why residential leasing volumes increased in Q2 https://sg.finance.yahoo.com/news/the-real-crazy-rich-asians-estate-is-up-for-a-luxury-rebuild-044925736.html The real ‘Crazy Rich Asians’ estate is up for a luxury rebuild https://sg.news.yahoo.com/singapore-signals-any-wealth-taxes-must-fit-progressive-system-025900851.html Singapore signals any wealth taxes must fit progressive system https://www.straitstimes.com/business/property/manpower-material-constraints-behind-cost-spike-for-construction-firms Manpower, material constraints behind cost spike for construction firms https://www.straitstimes.com/business/property/things-just-went-south-construction-firms-under-pressure-as-pandemic-bites-deep 'Things just went south': Construction firms under pressure as pandemic bites deep https://www.straitstimes.com/business/property/contractors-may-face-contractual-disputes-claims-as-covid-19-legal-respite-ends Contractors may face contractual disputes, claims as Covid-19 legal respite ends https://www.straitstimes.com/business/property/greatearth-construction-wound-up-with-at-least-70m-debt Greatearth Construction wound up with at least $70m debt https://stackedhomes.com/editorial/10-old-freehold-condos-near-mrt-with-spacious-units/ https://stackedhomes.com/editorial/should-i-buy-a-1-bedroom-at-parc-rosewood-as-a-single/ https://stackedhomes.com/editorial/11-new-launch-condos-that-are-close-to-top-in-2022-part-2/ https://www.propertyguru.com.sg/property-guides/rina-5-room-hdb-property-cat-55524 Newfound Independence: A Story of Buying and Moving Into A First Home 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 28, 2021 Author Share September 28, 2021 https://www.edgeprop.sg/property-news/non-landed-private-resale-prices-climbed-64-y-o-y-according-nus-index Non-landed private resale prices climbed 6.4% y-o-y according to NUS index https://www.businesstimes.com.sg/real-estate/two-land-parcels-at-one-norths-slim-barracks-rise-fetch-10-bids-each Two land parcels at one-north's Slim Barracks Rise fetch 10 bids each https://www.businesstimes.com.sg/opinion/is-pivoting-to-property-a-good-strategy-for-companies-diversifying Is pivoting to property a good strategy for companies diversifying? https://www.propertyguru.com.sg/property-management-news/2021/9/201311/private-residential-leasing-volumes-up-1-1-in-q2 Private residential leasing volumes up 1.1% in Q2 https://www.propertyguru.com.sg/property-guides/luxury-property-singapore-millennials-55749 What We Know About Singaporean Millennials and Luxury Property in 2021 https://www.propertyguru.com.sg/property-guides/non-mature-vs-mature-bto-55760 Non-mature vs Mature BTO Estates: We Ask 8 Singaporeans Which is Better https://www.straitstimes.com/singapore/politics/spores-total-population-falls-41-to-545-million-as-covid-19-hits-foreign S'pore's total population falls 4.1% to 5.45 million as Covid-19 hits foreign workforce numbers https://www.homeanddecor.com.sg/gallery/house-tour-balancing-natural-light-privacy-and-easy-maintenance-in-this-bukit-timah-semi-detached-home/ House Tour: Balancing natural light, privacy, and easy maintenance in this Bukit Timah semi-detached home https://www.youtube.com/watch?v=FeDOc9nBtSU https://www.youtube.com/watch?v=Pmg5vUGfhAs 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 28, 2021 Author Share September 28, 2021 https://www.edgeprop.sg/property-news/el-development-kingsford-development-top-bidders-gls-sites-slim-barracks-rise [UPDATE] EL Development, Kingsford Development top bidders for GLS sites at Slim Barracks Rise https://www.todayonline.com/singapore/luxury-home-sales-singapores-central-region-hit-10-year-high-q2-report Luxury home sales in Singapore’s central region hit 10-year high in Q2: Report - The sale of luxury homes in the Core Central Region hit a 10-year high, according to a report by property firm OrangeTee - 1,930 units of private homes were sold in the second quarter of this year, the highest since the fourth quarter of 2010 - Prices of luxury homes have also gone up since last year - Analysts said investors were confident of purchasing property due to S’pore’s high vaccination rate - Analysts expect demand for luxury homes to remain high as S’pore opens up https://www.youtube.com/watch?v=IBE_LoULWm0 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 28, 2021 Author Share September 28, 2021 https://www.channelnewsasia.com/singapore/singapore-population-shrink-citizen-pr-foreign-employment-ageing-2207136 Singapore's population shrinks to 5.45 million; citizens and PRs dip for first time since 1970 NON-RESIDENT NUMBERS HIT BY DROP IN FOREIGN EMPLOYMENT POPULATION CONTINUES TO GREY 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 29, 2021 Author Share September 29, 2021 On 9/21/2021 at 11:43 PM, Mercs said: Below expectations, if awarded confirm huat, assuming estimated breakeven at 2k, future sale psf easy no 2.5-3k no talk 😉 https://www.todayonline.com/singapore/ura-tender-mixed-use-land-parcel-marina-view-closes-single-bid-s1508b "at S$1,379 per square foot (psf) per plot ratio (ppr), the bid price for Marina View is lower than the most recent GLS residential sites sold in the CBD. For example, One Bernam’s site at Tanjong Pagar, which received four bids, had a top bid of S$S$1,462psf ppr, and Midtown Modern’s site at Tan Quee Lan Street, which received two bids, had a top bid of S$1,535psf ppr. Both were tendered in September 2019. With land tenders in the Outside Central Region reaching S$1,204 psf ppr and International Plaza going enbloc for S$2,170 psf ppr, this land bid of S$1,379 psf ppr “appears to be on the low side and may be viewed as opportunistic by the Government”. He added that with the fact that there was no other bidder for the site could be another reason for the Government not to award it." Huat ah! https://www.straitstimes.com/business/property/marina-view-site-awarded-to-malaysias-ioi-properties-for-1508-billion Marina View site awarded to Malaysia's IOI Properties for $1.508 billion 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 29, 2021 Author Share September 29, 2021 https://cnaluxury.channelnewsasia.com/obsessions/singapore-home-buyers-snapping-larger-condos-190446 Singaporeans are snapping up larger condos, more landed properties (home buyers have been snapping up bigger homes in recent months, as the sale of luxury homes in Singapore’s core central region hit a 10-year high) https://www.straitstimes.com/singapore/housing/four-contractors-roped-in-to-finish-5-bto-projects-after-greatearth-went-bust Four contractors take over 5 BTO projects after Greatearth went bust; projects to face further delays https://www.channelnewsasia.com/singapore/new-contractors-5-bto-projects-hdb-delays-senja-marsiling-west-coast-sky-vista-2210106 New contractors appointed for 5 BTO projects delayed by pull-out of troubled firms https://www.edgeprop.sg/property-news/unit-st-regis-residences-gains-169-mil-profit Unit at St Regis Residences gains $1.69 mil profit https://www.businesstimes.com.sg/real-estate/hillview-redevelopment-site-up-for-collective-sale-at-s106m-indicative-price Hillview redevelopment site up for collective sale at S$106m indicative price https://stackedhomes.com/editorial/city-vue-henderson-review/ https://www.homeanddecor.com.sg/gallery/house-tour-a-u-shaped-gcb-with-handcrafted-touch-near-the-botanic-gardens/ House Tour: A U-shaped GCB with handcrafted touch near the Botanic Gardens 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 29, 2021 Author Share September 29, 2021 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 30, 2021 Author Share September 30, 2021 https://www.edgeprop.sg/property-news/prices-new-luxury-condos-singapore-climb-52-y-o-y-3q2021-orangeteetie Prices of new luxury condos in Singapore climb 5.2% y-o-y in 3Q2021 https://www.edgeprop.sg/property-news/le-nouvel-ardmore-sees-new-high-4906-psf Le Nouvel Ardmore sees new high of $4,906 psf https://www.businesstimes.com.sg/real-estate/should-there-be-more-transparency-around-pricing-at-property-launches Should there be more transparency around pricing at property launches? https://www.asiaone.com/money/freehold-vs-leasehold-landed-property-exploring-gap-and-how-prices-have-moved-over-years Freehold vs leasehold landed property: Exploring the gap and how prices have moved over the years https://www.asiaone.com/money/will-my-condominium-en-bloc-7-commonly-overlooked-reasons-why-it-may-fail Will my condominium en bloc? 7 commonly overlooked reasons why it may fail https://www.asiaone.com/money/ultimate-compilation-rental-rates-singapore-which-area-cheapest The ultimate compilation of rental rates in Singapore: Which area is the cheapest? https://stackedhomes.com/editorial/units-of-the-week-issue-82/ 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 30, 2021 Author Share September 30, 2021 https://www.straitstimes.com/business/property/ura-releases-for-sale-residential-sites-at-lentor-hills-road-jalan-tembusu https://www.edgeprop.sg/property-news/residential-gls-sites-lentor-hills-road-and-jalan-tembusu-launched-sale Residential GLS sites at Lentor Hills Road and Jalan Tembusu launched for sale 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 30, 2021 Author Share September 30, 2021 5 Link to post Share on other sites More sharing options...
Newbie26 Hypersonic October 1, 2021 Share October 1, 2021 23 hours ago, Mercs said: https://www.edgeprop.sg/property-news/prices-new-luxury-condos-singapore-climb-52-y-o-y-3q2021-orangeteetie Prices of new luxury condos in Singapore climb 5.2% y-o-y in 3Q2021 https://www.edgeprop.sg/property-news/le-nouvel-ardmore-sees-new-high-4906-psf Le Nouvel Ardmore sees new high of $4,906 psf https://www.businesstimes.com.sg/real-estate/should-there-be-more-transparency-around-pricing-at-property-launches Should there be more transparency around pricing at property launches? https://www.asiaone.com/money/freehold-vs-leasehold-landed-property-exploring-gap-and-how-prices-have-moved-over-years Freehold vs leasehold landed property: Exploring the gap and how prices have moved over the years https://www.asiaone.com/money/will-my-condominium-en-bloc-7-commonly-overlooked-reasons-why-it-may-fail Will my condominium en bloc? 7 commonly overlooked reasons why it may fail https://www.asiaone.com/money/ultimate-compilation-rental-rates-singapore-which-area-cheapest The ultimate compilation of rental rates in Singapore: Which area is the cheapest? https://stackedhomes.com/editorial/units-of-the-week-issue-82/ Wow Rivergate new high 2745pfs seller gained >1.5m over a few years, Congrats wonder if it will hit 3000pfs soon, a bit dizzy though 3 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 1, 2021 Author Share October 1, 2021 2 hours ago, Newbie26 said: Wow Rivergate new high 2745pfs seller gained >1.5m over a few years, Congrats wonder if it will hit 3000pfs soon, a bit dizzy though What we are seeing now - everywhere record highs new highs looking to go even higher So only one simple way to look at this to the future - UP UP and away HUAT AH!!!!!!!! 😛 https://www.edgeprop.sg/property-news/hdb-resale-prices-rise-27-3q2021-flash-estimates https://www.edgeprop.sg/property-news/private-home-prices-singapore-rise-09-q-o-q-3q2021-ura-flash-estimates https://www.straitstimes.com/business/property/singapore-private-home-prices-up-09-in-q3-rising-for-6th-straight-quarter-flash https://www.straitstimes.com/singapore/housing/hdb-resale-prices-rise-27-in-q3-flash-data HDB resale prices hit new record high after rising 8.9% this year: Flash data https://www.businesstimes.com.sg/real-estate/more-gains-ahead-in-private-home-prices-q3-up-for-sixth-straight-quarter More gains ahead in private home prices; Q3 up for sixth straight quarter https://www.channelnewsasia.com/singapore/hdb-resale-prices-record-high-q3-2021-bto-construction-delay-2214416 https://www.channelnewsasia.com/business/ura-private-property-flash-estimates-q3-third-quarter-2214476 As always - ' got data got talk, real stuff cannot bluff' 😉 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic October 1, 2021 Author Share October 1, 2021 On 9/22/2021 at 11:30 PM, Mercs said: Always Demand Supply, when demand outstrip supply near term unlikely for prices to cool BTO delay - hdb resale take up/prices boomz PTE new launch low unsold balance stock - take up/prices boomz (eg: PR8 up prices few times) PTE resale - take up/prices boomz on WFH more looking to upgrade/ bigger homes Ah kong hands FULL with endemic living no time to bother with more CMs My view in time to come property market eventually to self correct, when buyers feel prices too much/high, reaching a saturation point to stabilize at new highs. So for those still on waiting game not onboard the property bull train can wait long long, future to pay a more expensive ticket to board, just compare prices few years back and now ... any cheaper to buy today? 😉 https://www.channelnewsasia.com/singapore/record-high-hdb-resale-price-q3-2021-2215726 Will record-high HDB resale prices keep climbing? Experts say yes, but at a slower pace WHY PRICES WILL CONTINUE TO RISE This is because the demand for HDB resale units will continue to far outstrip supply in the short-term, "The reason for the demand is the delayed construction. And as long as (that continues), demand is strong, buyers have to pay a premium and that translates to an increase in prices." Describing the market as “sticky”, the latest increase in prices may set off even higher offers from buyers. “Because in the past, the perception is that probably these (increases) will go off, so buyers will resist the increase in prices from sellers. “But seeing the prices continue to increase, buyers may be triggered to act and pay a much higher price,” Yet, even as prices are set to increase, experts said they expect the pace of growth to lose some steam. There are already signs that this is happening, as the 2.7 per cent increase predicted for Q3 2021 is the lower than figures from preceding quarters, “From Q4 2020 to Q2 2021, the HDB Resale Price Index has consistently grown by at least 3.0 per cent each quarter,” this could mean price growth has peaked. “The 3 per cent quarterly rate of housing price increase is unsustainable as neither the average household income nor the local population is growing at that rate,” ↡ Advertisement 6 Link to post Share on other sites More sharing options...
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