Top banker owned S$39m Sentosa Cove bungalow

          The bungalow at Sentosa Cove (pictured) sold for a record S$39 million was once owned by Deepak Sharma, Chairman at Citi Private Bank and his wife Susan Lim, a well-known surgeon, reported The Business Times. The sea-fronting property achieved the highest selling price ever for a bungalow on Sentosa Cove,
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Prices at new Far East project surprise many

Yesterday, PropertyGuru reported that Far East Organization (FEO), one of Singapore’s leading property developers, had pushed forward the official launch of The Scotts Tower (TST) from today, after strong response at its preview, which began on 25 November. While the project has already seen 34 one- and two-bedroom apartments snapped up, many PropertyGuru readers were shocked
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Private home sales show dramatic rise

Sales of private homes in July 2011 rose nearly 40 percent month-on-month to 1,954 units, including executive condominium (EC) units, indicating signs of improvement from June’s subpar performance. Excluding EC units, sales of private homes rose to 1,386 units, up 17 percent from 1,182 units in June. “This hike in sales volume was led by
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Private property sizzles in April

April 2010 saw 2,207 private property sales, a jump of 25% from the previous month and a figure surpassed only by July 2009’s 2,767 units transacted. The property market is certainly very bullish, although the majority of the units transacted in April did come from the mass- to mid-end markets. 1,961 units, or 88.8% of
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Mid-end private property market the consumers choice in March

March 2010 saw overwhelming sales in the private property residential market, with 1,761 transactions recorded, as released by URA’s figures. This impressive figure was eclipsed by only two months in 2009, when private property saw a record number of sales. The statistics show that investors’ confidence is certainly growing while demand from upgraders is still
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Public and private housing set new price records in Q1 2010

The flash estimates for Q1 2010, as released by URA and HDB, reveal a growing investor confidence in the private property market coupled with a continued healthy demand for public housing. Although the number of resale flats dropped from Q4 2009’s 8,926 to 8,500 in Q1 2010, and despite the continued release of BTO flats
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Is now a good time to buy?

Many people have mistaken me for a property agent or an investment trainer.  I am neither; hence you can be certain that I will not be touting Forex or Entrepreneurship seminars.  I run a real estate research and investment firm, and we research extensively to find good investment opportunities within the Singapore market.  We also
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Cash is king

Psst! Have you heard? According to rumours swirling on cyberspace, the Singapore government might decrease the loan-to-value housing loan from the current 80 percent to 70 percent to curb demand for private homes. This rumour comes hot on the heels after the Monetary Authority of Singapore’s (MAS) expressed concern that a speculative bubble could form,
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