August 6, 2018

[Singapore’s Shoebox apartments help banking sector stabilitySINGAPORE (EDGEPROP) – Small residential housing size such as shoebox apartments is good for Singapore banks. You may not know it, but having ever smaller housing is almost institutionalised in Singapore’s policies on land, and on the Singapore banking and financial sector.The ever smaller housing means rising land prices and that means...

SINGAPORE (EDGEPROP) – New launch The Tre Ver condo sold almost 70 per cent of units offered at its Phase 1 offer. The developers’ offer of steep discount lured in mainly first time home buyers to the new launch on August 4th (Saturday) amidst the new property curbs.The Tre Ver Condo is a 99-year leasehold brand new property launch, by UOL Group and UIC Industrial Corporation, located along Potong...

SINGAPORE (EDGEPROP) – Singapore’s luxury homes are likely to be hardest hit by the recent property cooling measures, with sales forecast to fall between 30 and 40 per cent in the next two quarters, reported Bloomberg. In quoting Christine Li, a senior director and head of research for Singapore at Cushman & Wakefield Inc, the report suggested that foreigners may hesitate with their purchase of...