2020

By Valerie Kor / EdgeProp Singapore | March 6, 2020 10:12 AM SGT The seller of a resale unit at Dormer Park along Jervois Road made a 148% profit, or an annualised profit of 6% over nearly 17 years (Photo: Samuel Isaac Chua/EdgeProp) SINGAPORE (EDGEPROP) - The seller of a unit at Dormer Park located on Jervois Road made the top gain of $2.03 million over the week of Feb 18 to 25. The...

By Charlene Chin/ EdgeProp Singapore|March 5, 2020 4:48 PM SGT  Source: URASINGAPORE (EDGEPROP) - URA has closed tenders for three Government Land Sales (GLS) for two neighbouring residential sites at Canberra Drive (Parcels A and B) and Fernvale Lane on March 3. The top bids received for all sites were “conservative” and the participation “lukewarm”, says Christine Li, head of research,...

By Charlene Chin/ EdgeProp Singapore|March 5, 2020 4:20 PM SGT SINGAPORE (EDGEPROP) - A portfolio of three conservation shophouses and a terrace house is up for sale for $38.36 million, according to Knight Frank Singapore, which is marketing the property. The four properties can either be purchased individually or as a portfolio. The three commercial shophouses are located within Districts 1 and 2, at...

By Felicia Tan / EdgeProp Singapore | March 2, 2020 6:07 PM SGT Photo: Samuel Isaac Chua/EdgeProp Singapore   Selling your house isn’t like selling your second-hand clothes on an online selling platform like Carousell, in view of the high price of a property which can constitute a big part of your salary or your savings even if paid over a period of time. One of the most difficult things to...

By Valerie Kor / EdgeProp Singapore | March 2, 2020 4:45 PM SGT With lower yields, investors may either have to lower their return expectations or consider investing in alternative assets with higher risks, such as co-living, senior or student housing, or data centres (Photo: Samuel Issac Chua/EdgeProp Singapore)  SINGAPORE (EDGEPROP) - Despite the sizeable and prominent assets such as DUO, Mapletree...

By Valerie Kor / EdgeProp Singapore | March 2, 2020 4:15 PM SGT Brick-and-mortar retail sector will struggle as consumers prefer to stay indoors due to virus fears, but supermarkets, convenient stores and medical goods will see higher demand (Photo: Albert Chua/EdgeProp Singapore)  SINGAPORE (EDGEPROP) - For the retail sector, CBRE’s report “Real Estate Market Outlook 2020” predicts a continued...

By Valerie Kor / EdgeProp Singapore | March 2, 2020 4:10 PM SGT Chinese buyers are unlikely to feature in the short term but are expected to return in the middle to long term (Photo: Samuel Isaac Chua/EdgeProp Singapore)  SINGAPORE (EDGEPROP) - Overall, CBRE expects Singapore’s property market to remain resilient despite macroeconomic headwinds. This is highlighted in CBRE’s report “Real Estate...

By Valerie Kor / EdgeProp Singapore | March 2, 2020 1:15 PM SGT SINGAPORE (EDGEPROP) - A portfolio of three conservation shophouses and a terrace house is up for sale for $38.36 million, according to Knight Frank Singapore, which is marketing the property. The four properties can either be purchased individually or as a portfolio. The three commercial shophouses are located within Districts 1 and 2, at...

By Timothy Tay/ EdgeProp Singapore|March 1, 2020 2:25 PM SGT SINGAPORE (EDGEPROP) - Bukit Sembawang Estates has sold all 39 units in Contemporary Collection, the final phase of Luxus Hills. Average prices of intermediate terraced houses were from $3.35 million to $3.4 million, or $2,070 psf to $2,100 psf based on land area."We have set a new benchmark with pricing for intermediate terraces," says Ho...

By Cecilia Chow/ EdgeProp Singapore|February 29, 2020 3:58 AM SGT SINGAPORE (EDGEPROP) - On Feb 28, The Ministry of National Development (MND) revised development charge (DC) rates for the six-month period from Mar 1 to Aug 31. The DC rate is revised every six months. It is a tax levied by the government when planning permission is granted for development projects that increase the value of the land,...