10 Common Mistakes Property Investors make

Investing in property could serve to be lucrative, luring many investors to the market. However many potential investors often overlook the costs of making grave investment mistakes like great financial losses. If you are a first-time investor seeking to venture the property market, here are 10 common mistakes to avoid upon investing in property. 1. Not treating property investment
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Top of the Props

In the second half of March 2013, Urban Vista was the most searched condominium project, pushing Bartley Ridge into second place. The newly launched project has seen keen interest from private home buyers. Set to be completed in 2016, over 250 units have been sold out of 582 apartments in the development. Located at Tanah
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Singapore cooling: Property measures spell danger

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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S’pore property market set to heat up

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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Developers hold back on luxury projects

By Romesh Navaratnarajah: Several property developers are holding back their new launches and the completion of high-end residential projects in the hope that luxury property prices will soon appreciate. While suburban homes have set price records, the luxury sector has seen both prices and sales volumes decline over the past year. In Q2, prices of
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Malaysians now the top buyers of Singapore properties

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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Shoebox mania subsides, demand up for bigger units

              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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ABSD dented property demand, not prices

      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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High-end market on a downward spiral?

                          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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Foreign home buying plunges 78%

      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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