July 2018

SINGAPORE (EDGEPROP) – Knight Frank Singapore today announced the launch of the sale of Chancery Esquire, an exclusive freehold residential development site along Chancery Lane, by tender. The tender for Chancery Esquire will close on 2 August 2018, Thursday at 3 pm.Chancery Esquire is a private residential estate comprising a block of 31 apartment units ranging from 84 sq m to 158 sq m, and has a site...

SINGAPORE (EDGEPROP) – Despite the weakness of their currency, well-heeled Malaysians are continuing to show keen interest in high-end properties in Singapore. GuocoLand (Singapore) Pte Ltd Group Managing Director, Cheng Hsing Yao, said the strong interest shown in his company’s two iconic projects, Wallich Residence and Martin Modern is proved of Malaysians interest in high-end properties...

SINGAPORE (EDGEPROP) – Developers, banks and home buyers should be cautious about the property market euphoria said Ravi Menon. Mr Menon who is the Managing Director of Monetary Authority of Singapore (which is Singapore’s central bank and financial regulatory authority) reminded developers who bid for land to be mindful of the huge supply which is coming on stream.Mr Menon said, “We’re also...

SINGAPORE (EDGEPROP) – A prime residential site, Good Class Bungalow (GCB), located at Sixth Avenue has just been put up for sale by Expression of Interest (“EOI”) by the trustees of the property. JLL has been appointed as their sole marketing agent. The EOI for No. 45 Sixth Avenue closes on Tuesday, 31 July 2018, at 2.30 p.m.The freehold bungalow at No. 45 Sixth Avenue has a land area of 1,167 sqm...

SINGAPORE (EDGEPROP) – Edmund Tie & Company (ET&Co) announced today that it has been appointed as the sole marketing agent for freehold shophouses row along Sembawang Road, which is being sold en bloc by tender. 100 per cent of the owners of the of freehold shophouses row has consented to the sale.The development was completed in the 1980s and comprises seven shophouses. The tender exercise for...

SINGAPORE (EDGEPROP) – Where can you find the Best Maybank home loan? For people who prefer to pick a maybank mortgage, they will obviously want to know what is the best maybank home loan packages in the marketplace. Signing a home loan package is a big decision. It is no wonder every homeowner spends a lot of time doing research before deciding whether to take up a home loan package. After all, every...

SINGAPORE (EDGEPROP) – Dominated by the enbloc residential market, Singapore’s investment sales market extended its robust performance by another quarter. CBRE,  the largest commercial real estate services and investment firm in the world, said its preliminary investment volume for quarter 2 (Q2) of 2018 was S$10.308 billion, which is an increase of 11.4 per cent year-on-year (y-o-y0. This brings the...

SINGAPORE (EDGEPROP) – The Urban Redevelopment Authority (URA) today released the flash estimate of the price index for private residential property for 2nd Quarter 2018 today which suggests that property price momentum here remains buoyant.Overall, the private residential property index increased 4.9 points from 144.1 points in 1st Quarter 2018 to 149.0 points in 2nd Quarter 2018. This represents an...

SINGAPORE (EDGEPROP) – With housing being one of the biggest expenditures many expect to invest in, it is crucial for both homeowners and tenants to determine how much of their income they should set aside for housing costs, such as mortgage payments or rent along with utilities, maintenance charges or homeowners insurance. But how does one ensure that the housing costs are affordable?Some measures of...