February 7, 2020

Market sniffs from coronavirus; tweaks to cooling measures urged

By Cecilia Chow/ EdgeProp Singapore|February 7, 2020 2:34 PM SGT SINGAPORE (EDGEPROP) - The combination of travel restrictions and dearth of Chinese buyers is affecting demand for luxury properties in the prime districts. Most property developers are going ahead with their previews and launches but sentiments are more subdued, leading to calls for some property cooling measures to be lifted. The...

Unit at Elizabeth Heights reaps $2.47 mil profit

By Charlene Chin/ EdgeProp Singapore|February 7, 2020 8:06 AM SGT The second top gain made over the week – a 131% profit – was at Elizabeth Heights, on Cairnhill Road (Credit: Samuel Isaac Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - The seller of a unit at The Imperial, on Jalan Rumbia, made the top gain of $3.35 million over the week of Jan 21 to 28. The 3,531 sq ft unit on the 13th floor...

Is QC exemption balm enough to soothe the coronavirus-bruised property market?

By Cecilia Chow/ EdgeProp Singapore|February 7, 2020 1:35 AM SGT SINGAPORE (EDGEPROP) - On Feb 6, Singapore-listed property groups such as CapitaLand, City Developments (CDL) and UOL Group, as well as the Real Estate Developers Association of Singapore (Redas), welcomed the move by the government to exempt public-listed housing developers with substantial stakes in Singapore from the Qualifying...

Four-bedroom unit at Gramercy Park for sale at $8.5 mil

By Cecilia Chow/ EdgeProp Singapore|February 7, 2020 3:19 PM SGT SINGAPORE (EDGEPROP) - Despite being fully sold, the 174-unit, freehold condo Gramercy Park remains a much sought-after address. Located along Grange Road, the high-end project was developed by listed property giant City Developments (CDL) and completed in 2016. Gramercy Park was designed by the late Peter Pran of New York-based NBBJ...

Waterway-facing unit at Corals at Keppel Bay priced from $2.18 mil

By Timothy Tay/ EdgeProp Singapore|February 7, 2020 5:00 PM SGT SINGAPORE (EDGEPROP) - A 1,248 sq ft, three-bedroom unit at Corals at Keppel Bay will be offered for sale at Knight Frank’s property auction on Feb 18. The property will be up for auction with an indicative price from $2.18 million, which translates to about $1,745 psf on the floor area. The unit was first offered for sale last month, but...

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