February 2020

Survey: Property seekers still keen despite COVID-19

By Felicia Tan / EdgeProp Singapore | February 21, 2020 9:28 PM SG Cover image: EdgeProp Singapore SINGAPORE (EDGEPROP) Feb 21 -- Property seekers in Singapore are still open to buying property despite the COVID-19 outbreak. Of the 177 respondents to EdgeProp’s Property Ownership Survey in response to the coronavirus conducted on Feb 7, 2020, 38.4% said they are looking to buy a property in the next...

Five terrace houses on Burghley Drive to launch from $3.48 mil each

By Timothy Tay / EdgeProp Singapore|February 20, 2020 9:00 AM SGT SINGAPORE (EDGEPROP) - A row of five terrace houses on Burghley Drive will launch for sale on Feb 21. The freehold properties are jointly developed by boutique developers FiveK Projects and Xinsha Land.The four-bedroom terrace houses are in a two-storey mixed landed housing estate in Serangoon Gardens. The properties are located at 2P,...

Long-term property investor sentiment positive amid virus outbreak

By Timothy Tay/ EdgeProp Singapore|February 19, 2020 9:15 PM SGT SINGAPORE (EDGEPROP) - Despite macroeconomic challenges and the highly unpredictable nature of the coronavirus outbreak, longer-term investor sentiment remains “extremely positive”, says Stuart Crow, CEO of capital markets in the Asia Pacific at JLL. “We foresee investor strategies becoming more selective and further diversification...

Centra Group launches freehold bungalows in Bukit Timah and Holland Grove

By Timothy Tay/ EdgeProp Singapore|February 19, 2020 8:58 PM SGT SINGAPORE (EDGEPROP) - Local property developer Centra Group has launched four freehold detached houses for sale from $11 million each. Each bungalow comes with a home lift, a 15m swimming pool, solar energy panels, and six en suite bedrooms. The properties are already completed and two will be sold fully furnished, enabling buyers to...

Freehold shophouse in Joo Chiat for sale at $4.5 mil

By Timothy Tay/ EdgeProp Singapore|February 18, 2020 4:22 PM SGT SINGAPORE (EDGEPROP) - A freehold shophouse at 452 Joo Chiat Road is available for $4.5 million, which translates to $2,140 psf on the existing built-up area of 2,100 sq ft. The property will be sold in an expression of interest (EOI) exercise, announced CBRE, the marketing agent. The conservation shophouse is in the Joo Chiat Secondary...

Singapore real estate investment up 26% y-o-y in 2019 to record US$9.6 bil

By Timothy Tay/ EdgeProp Singapore|February 17, 2020 4:31 PM SGT SINGAPORE (EDGEPROP) - A series of big-ticket office deals by global investors drove up the total investment volume in Singapore to a record high of US$9.6 billion ($13.34 billion) in 2019, an increase of 26% y-o-y, according to Real Capital Analytics (RCA).According to David Green-Morgan, Asia Pacific managing director at RCA, “the...

在OLÁ推行信封制

By Charlene Chin/ EdgeProp Singapore  百事可乐和可乐都是黑色的、甜甜的,冒着气泡,人们该如何区分前者和后者呢? 据曾在百事公司销售软饮料的Vincent...

January new home sales up 14.9% before local coronavirus outbreak

By Timothy Tay/ EdgeProp Singapore|February 17, 2020 5:19 PM SGT SINGAPORE (EDGEPROP) - A total of 618 new private residential units (excluding executive condominiums or ECs) were sold last month. This is an increase of 14.9% m-o-m compared to 538 units sold in December last year, and up 41.4% y-o-y, according to the latest statistics by URA. According to Christine Li, head of research for Singapore...

About 3,200 visitors turn up for OLA’s carnival-like public preview

By Cecilia Chow/ EdgeProp Singapore|February 17, 2020 3:14 PM SGT SINGAPORE (EDGEPROP) - Coronavirus concerns did not deter families from attending the public preview of OLA, the 548-unit executive condo (EC) located at Anchorvale Crescent in Sengkang. About 3,200 people visited the OLA sales gallery over the weekend of February 15-16. Crowd at Ola sales gallery over the weekend of Feb 15-16...

IOB Building on Cecil Street for sale from $1,800 psf ppr

By Timothy Tay/ EdgeProp Singapore|February 17, 2020 5:24 PM SGT SINGAPORE (EDGEPROP) - The IOB Building at 64 Cecil Street is on the market from $1,800 psf per plot ratio (ppr), announced marketing agent Knight Frank Singapore. Located at the junction of Cecil Street and Cross Street, IOB Building is a six-storey office development with two basement carpark floors. The property sits on a 9,599 sq ft...

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