March 2020

Covid-19 may amplify attractiveness of Singapore’s real estate market

By Cecilia Chow/ EdgeProp Singapore|March 20, 2020 8:08 AM SGT  SINGAPORE (EDGEPROP) - The world is in turmoil with lockdowns and heightened travel restrictions. Things are likely to worsen in the short term, but Singapore’s handling of the outbreak makes it look like a ‘safe haven’ The rich are on the lookout to pick up some real estate gems (Photo: Samuel Isaac Chua/EdgeProp...

Prices for OLA EC to start from $976 psf

By Charlene Chin/ EdgeProp Singapore|March 19, 2020 1:41 PM SGT SINGAPORE (EDGEPROP) - Prices for the OLA executive condominium (EC) in Sengkang will start from $976 psf, developer Anchorvale announced on March 18.Online applicants will be able to view the show units on March 19 and 20 before bookings start on March 21.Prices for the two-bedroom units will start from $1,100 psf; three-bedders from $999...

Private new home sales hit 975 units in February, rising 57% m-o-m

By Charlene Chin/ EdgeProp Singapore|March 19, 2020 2:20 PM SGT  The bulk of sales volume in the month was contributed by The M in the CCR, which saw 380 units sold at a median price of $2,439 psf (Credit: Samuel Isaac Chua/ The Edge Singapore) SINGAPORE (EDGEPROP) - Developers sold 975 private new homes in Singapore, a 57% m-o-m increase from 620 units in January, according to monthly sales data of...

Retailers adapt to survive Covid-19

By Charlene Chin/ EdgeProp Singapore|March 19, 2020 3:12 PM SGT Shoppers purchasing necessities in Seletar Mall on Feb 9 (Credit: Albert Chua/ The Edge Singapore)  SINGAPORE (EDGEPROP) - As the Malaysian government announced its countrywide lockdown on March 16, snaking queues quickly formed in Singapore’s grocery stores as shoppers snapped up goods for fear that the flow of goods between the two...

Two conservation shophouses at Haji Lane and Arab Street for sale at $8.5 mil

By Charlene Chin/ EdgeProp Singapore|March 12, 2020 3:24 PM SGT  SINGAPORE (EDGEPROP) - A pair of shophouses at 56 Haji Lane and 87 Arab Street are up for sale at a guide price of $8.5 million.The shophouses have 2.5 storeys each, and are fully tenanted to retail tenants. The pair occupies a site of 1,078 sq ft and has a built-up area of 2,200 sq ft.The tender for the shophouse pair will close on April...

Purchases of adjoining units keeping luxe condo market abuzz

WED, MAR 11, 2020 - 5:50 AM KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT Singapore WHILE well-heeled mainland Chinese who flocked to Singapore last year to buy luxe condo units have been kept away by the Covid-19 outbreak, several big-ticket deals were sealed in the first two months of this year. These recent purchases were made by buyers already based here. Some of these deals entail...

Duplex penthouse at freehold D’Ecosia offered for $2.5 mil

By Timothy Tay/ EdgeProp Singapore|March 13, 2020 7:00 AM SGT SINGAPORE (EDGEPROP) - A duplex penthouse at the D’Ecosia condominium in the East Coast will be offered at Edmund Tie’s property auction on March 25. The 2,293 sq ft, the three-bedroom unit has a guide price of $2.5 million, or about $1,090 psf on the floor area. The 73-unit condo was completed in 2003, and comprises one- to three-bedroom...

Dawson HDB flats cross million-dollar threshold soon after MOP

By Timothy Tay/ EdgeProp Singapore|March 13, 2020 7:30 AM SGT SINGAPORE (EDGEPROP) - More than 24,000 HDB flats will have reached the end of their Minimum Occupation Period (MOP) this year, and a few of these flats in prime locations have already changed hands for more than a million dollars on the resale market.Some of these highly desirable units can be found in the eight blocks at Skyville @ Dawson...

How will Covid-19 outbreak impact the Singapore property market?

By Edmund Tie Research / EdgeProp Singapore | March 13, 2020 8:00 AM SGT SINGAPORE (EDGEPROP) - Even as authorities are doing their utmost to contain the spread of Covid-19 in a bid to restore public confidence and daily normalcy, the foremost question is: Can Covid-19 be contained as soon as practicable in accordance with mainland China’s target to put the outbreak under control by May...

Mortgagee sale listings could hit new record in 2020

By Colliers International / EdgeProp Singapore | March 13, 2020 8:00 AM SGT Original Article: https://www.edgeprop.sg/property-news/mortgagee-sale-listings-could-hit-new-record-2020 SINGAPORE (EDGEPROP) - A larger number of properties were put up for multiple rounds of the auction last year, compared to 2018. The total number of listings (and relisting) across all sectors and all major auction houses...

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