Know the Value of Your Property

In a property-obsessed country like Singapore, do you keep up with news with regards to the value of your property? In a recent survey, we found that out of 662 respondents, about 1 in 2 have an estimate of how much their homes are worth. The majority, or 54%, formed this opinion from calculating the
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Consumer Insights: What Commercial Properties Attract Investors?

The consecutive waves of property cooling measures announced since this January had triggered investment savvy consumers to think beyond residential properties.  While some investors may choose to venture overseas in search of greener properties, others remain focused on the long-term investment potential of our city-state and have invested their time and efforts to better understand
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Online Behaviours of the Property Hunters

Did you know that: “PropertyGuru” is the most searched property portal keyword in Singapore. Every day, there are nearly 5,000 visitors searching for this keyword on Google.  This is 5 times the number of searches of other property sites. * Source - Comscore Data Dec, 2012 PropertyGuru is the preferred Real Estate media platform among property buyers;
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Flat sold for S$6,200 in 1969

By Romesh Navaratnarajah: Back when Singapore did not have as many tall buildings, prices of flats were fairly affordable, The Straits Times reported. The article mentioned that a HDB flat in Queenstown was sold for just S$6,200 in 1969, a far cry from the executive maisonette which was recently transacted for S$1 million. 64-year old
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Shunfu HUDC fetches record S$1.28m

By Romesh Navaratnarajah: Less than a week after an executive flat in Queenstown was sold for S$1 million, it has been reported by The Straits Times that a HUDC flat at Shunfu Road in Bishan was sold in July at an eye-popping price of S$1.28 million, or around S$762 per sq ft. This sets a
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Home buyers put off by Ghost Month

By Romesh Navaratnarajah: Despite earlier media reports stating that sales at property launches were unaffected by the Hungry Ghost Festival, data from the Urban Redevelopment Authority (URA) showed that 1,421 new homes were sold in the month of August, 27 percent down month-on-month (m/m) from the 1,946 seen in July. However, the sales volume was
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Million dollar HDB deal almost final

By Romesh Navaratnarajah: The million-dollar deal for a HDB flat in Queenstown is close to being completed, as the buyer, a new Singapore citizen, and seller agreed on the price at their first appointment with the Housing and Development Board (HDB) yesterday. Located on a high-floor at a 16-storey block at Mei Ling Street, the
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Bishan maisonette sold for record S$980,000

By Romesh Navaratnarajah: A Housing and Development Board (HDB) executive maisonette in Bishan has been sold at a whopping price of S$980,000 or S$550 psf, a new record for the costliest HDB resale flat. Sold by a Singaporean woman, the unit was bought by a Singaporean and her China national father, reported The Straits Times.
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Singapore 2nd in competitiveness

By Romesh Navaratnarajah: Singapore has retained second spot as the most competitive economy worldwide after Switzerland, according to the World Economic Forum’s (WEF) Global Competitiveness Report. The survey, which looked at 144 global economies based on 100 indicators, also placed Singapore as Asia’s most competitive economy and in the top three in seven of 12
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Private home sales jump 42% in July

By Romesh Navaratnarajah: Prior to the upcoming Ghost Month, which is a traditionally quiet period in Singapore’s property market, private home sales have risen according to URA’s (Urban Redevelopment Authority) data for July. 1,943 new homes were sold last month, a 42 percent jump month-on-month (m/m) from the 1,371 seen in June. Including executive condominiums
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