Connect with Us     

NEW LAUNCH PROPERTY - SINGAPORE PROPERTY PORTAL

Connect with Us               

Developer Sales Enquiry: 9789 8770

New Property Dream News Blog

Be Updated Daily with the New Happenings in the Property Market!
"Hit" the 'Subscribe to blog' on your right for Daily Property News Updates!

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form
Subscribe to this list via RSS Blog posts tagged in new home

20171214 condo

SINGAPORE — Projecting the population here to hit 6.3 million to 6.5 million by 2030, a research report released by DBS on Wednesday (May 16) forecasts new private homes to cost between S$2,300 and S$2,900 per square foot (psf) on average by then – sharply higher than the current S$1,500 psf.

This means a compound annual growth rate of 1.5 per cent to 3.2 per cent over the next 12 years as growth in homeowners' incomes "keep pace" with the rise in private-property prices. The projection means an average unit of private property will cost from S$1.9 million to S$2.5 million by 2030.

The report, by property analysts Derek Tan and Rachel Tan, also projected the average size of new private units to shrink to 840 sq ft by 2030, 20 per cent smaller than the 1,083 sq ft average last year.

Hits: 169
Rate this blog entry:
2
Price recovery gathers momentum in 1Q2018 Q1 2018, rising by 3.1% over 4Q2017, according to URA flash estimates. This marked the third straight quarter of price growth since the index bottomed in 2Q2017. It is also the strongest quarterly increase since the 5.2% quarter-on-quarter (q-o-q) increase in 2Q2010, says Tricia Song, Colliers International head of research for Singapore.
 
With the latest price increase, the URA private property price index is up 4.6% year-on-year, adds Song. As at end 1Q2018, private residential prices are just 7.5% below the peak in 3Q2013.
Hits: 179
Rate this blog entry:
1

chancery court site

Privatised HUDC estate Chancery Court has been launched for sale by tender with an asking price of $390 million, announced OrangeTee Advisory, the sole marketing agent.

The asking price includes an estimated $180 million premium to top-up the lease on the 99-year leasehold site which has a balance tenure of 62 years, as well as the intensification of the site to its maximum gross plot ratio of 1.4. This translates into a land rate of $1,572 psf per plot ratio.

Hits: 163
Rate this blog entry:
1

sumang walk ec site

SINGAPORE: A land parcel at Sumang Walk attracted 17 bids at the close of its tender on Tuesday (Feb 27).

The Housing and Development Board (HDB) said the sale site, earmarked for executive condominium (EC) housing, received a joint top bid of S$509.37 million from CDL Constellation and TID Residential. This works out to about S$6,275 per square metre of the gross floor area (GFA).

Mr Ong Teck Hui, National Director for Research at JLL, said: “At $583 psf/pr, it is a stunning top bid for the subject parcel which is way above market expectations and also a record EC unit land price. 

Hits: 152
Rate this blog entry:
1

Posted by on in Residential

New Property Dream ST 20171107 XABJERVOIS

The redevelopment frenzy remains in high gear with freehold estate Jervois Green going up for sale today, just weeks after nearby Jervois Gardens found a buyer.

Jervois Green has an asking price of $48 million, which works out to $1,373 per sq ft (psf) per plot ratio, inclusive of the 10 per cent additional gross floor area for balconies. That closely matches the unit price Jervois Gardens - also a freehold project of low-rise homes - fetched.

Hits: 246
Rate this blog entry:
2

JACK CHUA

Chief executive of ERA Singapore

Q: What were the best and worst things that happened to you (financially) this year?

A: ERA moved its office to Mountbatten Square early this year. It was a big move as we operated out of almost 60,000 sq ft of office space.

Hits: 494
Rate this blog entry:
1

Posted by on in Residential

The average size of condo apartments on sites acquired via the Government has been generally declining since 2010 as developers turn to bite-sized units to deal with loan curbs, a new study has found.

The decline in space was most apparent in new projects launched on the city fringes.

Average sizes there fell from 1,051 sq ft at Waterbank in Dakota Crescent in 2010 to 810 sq ft across the three new condos released in the region this year.

Hits: 448
Rate this blog entry:
1

Asia's first large-scale residential project to be built with prefabricated prefinished volumetric construction (PPVC) will go on sale soon.

Cutting-edge PPVC, which has been likened to Lego blocks, boosts productivity and workplace safety.

E-applications for The Brownstone executive condominium (EC) in Sembawang by City Developments (CDL) and related company TID - a joint venture between Hong Leong Group and Japan's Mitsui Fudosan - will start today.

Hits: 491
Rate this blog entry:
1

Dundee Road housing site

HY Realty, which shares the same shareholders as Chinese developer Hao Yuan Investment, has emerged as the top bidder for the land parcel at Dundee Road that drew nine offers.

Its S$483.18 million bid, which works out to S$871.14 per square foot per plot ratio (psf ppr) for the 99-year lease site, was 8.4 per cent higher than the second-highest bid, from Allgreen Properties.

Hits: 527
Rate this blog entry:
1

Posted by on in Residential

Home renters today could switch to buying in 2016, Nomura said in a Monday report.

More Singaporeans seem to be opting to rent their private homes these days compared to before. For those who started renting their private homes in 2014, when the time comes to renew their contract in 2016, Nomura believes that there will be enough impetus for them to buy instead.

Hits: 537
Rate this blog entry:
1

Singapore’s housing glut will worsen in the near future as more public and private units come on stream and only start to ease from 2017, with the government potentially reviewing property cooling measures, a report by UOB Global Economics and Markets Research said.

Private completions surged 52 per cent year-on-year to a 20-year high of 19,900 units in 2014, which was significantly higher than the Urban Redevelopment Authority's (URA) projections at the start of the year, said the report.

Hits: 560
Rate this blog entry:
1

Posted by on in Residential

The private residential market is set to sink deeper into the doldrums with buyers continuing to hold off purchases for as long as hard-hitting cooling measures stay firmly in place.

Analysts told The Straits Times private home prices could shed a further 2 per cent in the second quarter of the year from the first.

Both developers and home sellers are reducing their prices to attract buyers amid the onslaught of property cooling measures, said one. The overall market sentiment remains fairly weak with macroeconomic uncertainties looming.

Hits: 542
Rate this blog entry:
1

A residential site at West Coast Vale was put on the market yesterday with price expectations of up to about $370 million.

The 18,908 sq m plot, which is on the confirmed list of the Government Land Sales (GLS) programme, is located on the Sungei Pandan waterfront.

Its maximum gross floor area of 52,945 sq m could yield about 595 residential units.

Hits: 417
Rate this blog entry:
1

map of toa payoh site

The Evia Real Estate-led consortium's top bid for a 99-year private condo site in Toa Payoh at a state tender was just 1.1 per cent more than the closest competition.

The group plans to build a 590-unit project on the site, with half the units expected to comprise one and two-bedders to be priced below S$1 million to keep them affordable, said Evia Real Estate managing partner Vincent Ong.

Hits: 463
Rate this blog entry:
1

Home buyers can now view net prices of individual units at projects, after the Ministry of National Development mandated greater market transparency.

From last week, developers have been required to submit detailed transaction data to the Controller of Housing every week.

This includes sales volumes and transacted prices of individual units, and the value of any benefits extended to buyers - including cash rebates, absorption of stamp duty fees, rental guarantees and furniture vouchers.

Hits: 451
Rate this blog entry:
1
National University of Singapore's (NUS) price indices for completed non-landed private homes rose month on month in May, after straight declines for several months. Its latest flash estimate shows that the Overall Singapore Residential Price Index (SRPI) rose 0.8 per cent in May from the revised value for April - after slipping one per cent in April over the previous month.
The increase marked the first gain for the index after nine consecutive months of declines between August 2013 and April this year. May's flash estimate is down 6.3 per cent from the recent peak in July 2013. Year on year, the May index value is down 6 per cent.
Hits: 698
Rate this blog entry:
1
It is still too early to roll back property cooling measures, according to the Ministry of National Development (MND) yesterday.
It said that although home sales have decreased, prices have remained relatively stable.
The moves to rein in property prices included extra stamp duties to curb speculative buying and the total debt servicing ratio framework which was introduced a year ago.
Hits: 1210
Rate this blog entry:
1
The biggest collective redevelopment for public housing is in the offing for one of the country's oldest neighbourhoods in Queenstown.
?
Time may be up for 3,480 flats in 31 blocks along Tanglin Halt Road and Commonwealth Drive, which are slated to be demolished under the Selective En bloc Redevelopment Scheme, or Sers.
?
Residents, who found out only yesterday, will be offered new flats in the nearby Dawson estate, National Development Minister Khaw Boon Wan announced in a blog post yesterday.
Hits: 755
Rate this blog entry:
1

Posted by on in Residential
A Wing Tai-led consortium is understood to have granted options for a tad over 30 units in The Crest condominium project along Prince Charles Crescent.
The sales were clinched at a preview over the weekend. The showflat was closed this week but will open again tomorrow for this weekend's sales.
So far one tower has been released, comprising around 130 units, say sources.
Hits: 776
Rate this blog entry:
0
After creating jobs closer to homes in the suburbs in recent years, the government is increasingly bringing private homes closer to jobs in the city.
In the confirmed list of the Government Land Sales (GLS) Programme for H2 this year, the proportion of private housing supply in the Central Region has risen to 33.2 per cent. This is up from 28.9 per cent in H1 2014 and 15.1 per cent in H2 2013. The recent low was 8.6 per cent in H1 2012.
Hits: 23774
Rate this blog entry:
1
Phone Support

 

YOUR DEDICATED PROPERTY ADVISOR

We have a group of very experienced property advisors with in-depth property market and new projects knowledge and insights to give our clients a detailed and clearer analysis before they committed to their dream home from us.

We identify our clients' needs, help them to restructure and maximise their property portfolios. We successfully advised and helped our clients on their loan restructuring and financial timeline management on their property investment.

Contact Us for An Non-Obligatory Discussion Today!

 

DIRECT DEVELOPER PRICE

Danish candy sesame snaps sugar plum candy canes sweet donut sugar plum

 

DIRECT DEVELOPER PRICE

Danish candy sesame snaps sugar plum candy canes sweet donut sugar plum

 

NO COMMISSION

Danish candy sesame snaps sugar plum candy canes sweet donut sugar plum