Tapping into the high demand for luxury properties across the causeway, the PropertyGuru Malaysia Property Show, organised by PropertyGuru, Asia’s leading property portal, takes centre stage once again when it returns over the Easter weekend this year (30 to 31 March 2013) at Orchard Hotel, Singapore. The return of the PropertyGuru’s Malaysia Property Show will feature
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By Romesh Navaratnarajah: Singapore’s sweeping package of property cooling measures to curb rising home prices not only applies to foreigners buying properties in the city-state, but has gone one step further to include permanent residents (PRs) and citizens. Introduced last Friday, this is the government’s seventh round of measures since 2009 and includes a stamp
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By Romesh Navaratnarajah: Singapore could introduce a new round of property measures to curb home prices following the US government’s third round of quantitative easing (QE3) that is expected to drive a fresh wave of capital into the city-state, according to The Business Times. The decision by the Federal Reserve to inject US$40 billion into
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By Romesh Navaratnarajah: Malaysians have outpaced the Chinese as the top overseas buyers of Singapore properties, according to data compiled by the Urban Redevelopment Authority (URA) and CBRE Research. In 1H2012, Malaysians accounted for 27.6 percent of all foreign purchases, while buyers from China comprised 20.3 percent. In comparison, the Chinese took pole position in
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              By Romesh Navaratnarajah: With initial signs that the shoebox craze may be subsiding, demand for larger non-landed homes appears to be on the upswing with upgraders leading the way. Data from property consultancy CBRE shows that the median size of all new non-landed homes sold in Q2 2012
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                        By Romesh Navaratnarajah: A number of private homes in Singapore are going for less than S$1 million, but their location and décor may not be on par with the pricier developments. However, these properties could end up being a good deal if they
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      By Romesh Navaratnarajah: The 10 percent additional buyer’s stamp duty (ABSD) imposed in December 2011 has affected the demand for Singapore property, but not prices, according to Nicholas Holt, Asia-Pacific Research Director at Knight Frank. “Prices not only held up but actually increased slightly at the very top end of the Singapore
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                          by Cheryl Tay Sluggish demand for high-end homes has lowered developers’ profits of late. If this trend continues, the luxury market could eventually hit rock-bottom in the days to come. With prices of luxury homes expected to fall by 15 percent this
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                By Romesh Navaratnarajah: Prices of several private property projects launched recently in the Outside Central Region (OCR) have been higher than average, with many such units being sold for more than S$1,000 psf – a new record. Amidst this growing trend, more home buyers are now on
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      By Romesh Navaratnarajah: The number of private homes acquired by foreigners excluding PRs (permanent residents) plunged 78 percent to just 293 homes in the first quarter, from 1,358 in Q4 last year, with the additional buyer’s stamp duty (ABSD) hitting the market hard, according to caveats analysis by Dennis Wee Group (DWG).
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