Home buyers must set realistic aspirations: Shanmugam

While the government will continue to help Singaporeans own homes and have put measures in place to protect first-time buyers from a hot housing market, they must have a realistic pathway to achieving their aspirations, said Home Affairs and Law Minister K. Shanmugam. During a dialogue session with over 2,000 property agents from ERA Realty on Wednesday (3 Jan), the minister recalled how a 28-yea…

  • Fret not about house price increases and debts
    Fret not about house price increases and debts The Edge Property - 22 hours ago

    One of the concerns about the private residential property market is that rapid price increases are inducing households to chase after the market and, in doing so, take on further debt. The procurement … More »Fret not about house price increases and debts

    Fret not about house price increases and debts

    One of the concerns about the private residential property market is that rapid price increases are inducing households to chase after the market and, in doing so, take on further debt. The procurement of more debt is part of the reason for the rapid growth in housing loans in Singapore, bringing with it a fear that a …

  • Home buyers must set realistic aspirations: Shanmugam PropertyGuru.com.sg - Fri, Feb 5, 2016 1:45 PM SGT

    While the government will continue to help Singaporeans own homes and have put measures in place to protect first-time buyers from a hot housing market, they must have a realistic pathway to achieving … More »Home buyers must set realistic aspirations: Shanmugam

    While the government will continue to help Singaporeans own homes and have put measures in place to protect first-time buyers from a hot housing market, they must have a realistic pathway to achieving their aspirations, said Home Affairs and Law Minister K. Shanmugam. During a dialogue session with over 2,000 property …

  • Mixed results for S-REITs in Q4 2015: report PropertyGuru.com.sg - Fri, Feb 5, 2016 12:12 PM SGT

    Singapores large cap industrial REITs witnessed the "most positive surprises" in Q4 2015 DPU, with Ascendas Real Estate Investment Trust (AREIT) and Mapletree Industrial Trust (MINT) results … More »Mixed results for S-REITs in Q4 2015: report

    Singapores large cap industrial REITs witnessed the "most positive surprises" in Q4 2015 DPU, with Ascendas Real Estate Investment Trust (AREIT) and Mapletree Industrial Trust (MINT) results coming in two to three percent ahead of expectations, revealed a Credit Suisse report.

  • Expats now living in Phuket, working in Singapore PropertyGuru.com.sg - Fri, Feb 5, 2016 10:16 AM SGT

    Expatriates in Southeast Asia are relocating their families to Phuket and commuting to work in major cities nearby such as Singapore, Hong Kong, Kuala Lumpur and Bangkok during the week, before returning … More »Expats now living in Phuket, working in Singapore

    Expatriates in Southeast Asia are relocating their families to Phuket and commuting to work in major cities nearby such as Singapore, Hong Kong, Kuala Lumpur and Bangkok during the week, before returning to the tropical island on weekends, reported the Phuket Gazette. According to the article, Phukets international airport …

  • HK property sales down 12% in 2015 PropertyGuru.com.sg - Fri, Feb 5, 2016 9:45 AM SGT

    Property transactions in Hong Kong dropped 12 percent last year, underscoring concerns of an economic slowdown in one of Asias major financial centres, reported Reuters. The total number of local sale … More »HK property sales down 12% in 2015

    Property transactions in Hong Kong dropped 12 percent last year, underscoring concerns of an economic slowdown in one of Asias major financial centres, reported Reuters. The total number of local sale and purchase agreements received by the Land Registry fell 12.3 percent to 55,982 in 2015, with total consideration for …

  • Which way will home prices swing in the Year of the Monkey?
    Which way will home prices swing in the Year of the Monkey? The Edge Property - Fri, Feb 5, 2016 9:00 AM SGT

    As the world ushers in the Fire Monkey on Feb 8, The Edge Property teams up with two feng shui consultants to gather alternative insights into the property market. Mischievous in nature, this creature … More »Which way will home prices swing in the Year of the Monkey?

    Which way will home prices swing in the Year of the Monkey?

    As the world ushers in the Fire Monkey on Feb 8, The Edge Property teams up with two feng shui consultants to gather alternative insights into the property market. Mischievous in nature, this creature has taken the property market on a wild ride. While those years were generally positive for the property market, price …

  • District 9’s extreme gains and losses
    District 9’s extreme gains and losses The Edge Property - Fri, Feb 5, 2016 8:30 AM SGT

    Located on a busy stretch of Paterson Road just before the junction of Orchard Boulevard and Scotts Road, the 10-storey Paterson Linc is one of the most visible condominium blocks in prime District 9. … More »District 9’s extreme gains and losses

    District 9’s extreme gains and losses

    Located on a busy stretch of Paterson Road just before the junction of Orchard Boulevard and Scotts Road, the 10-storey Paterson Linc is one of the most visible condominium blocks in prime District 9. The 35-unit freehold Paterson Linc is a redevelopment of the former Paterson Lodge. Instead, in 2007, all 20 owners of …

  • Ascott inks seven new contracts in Southeast Asia
    Ascott inks seven new contracts in Southeast Asia The Edge Property - Thu, Feb 4, 2016 11:59 PM SGT

    CapitaLand’s serviced apartment arm The Ascott is expanding its footprint in Southeast Asia by inking seven new management contracts which will add over 1,500 apartments to its portfolio. The group will … More »Ascott inks seven new contracts in Southeast Asia

    Ascott inks seven new contracts in Southeast Asia

    CapitaLand’s serviced apartment arm The Ascott is expanding its footprint in Southeast Asia by inking seven new management contracts which will add over 1,500 apartments to its portfolio. The group will expand its presence in Bangkok in Thailand, Hanoi in Vietnam and Petaling Jaya in Malaysia, as well as venture into secondary …

  • JUST SOLD: First Bishan flat sold at $900,000 in 2016
    JUST SOLD: First Bishan flat sold at $900,000 in 2016 The Edge Property - Thu, Feb 4, 2016 4:18 PM SGT

    A 2,142 sq ft executive flat at 446 Bright Hill Drive was sold for $900,000 in January 2016. This is the first deal involving HDB flats in Bishan that hit the $900,000 mark this year.Completed in 1990, … More »JUST SOLD: First Bishan flat sold at $900,000 in 2016

    JUST SOLD: First Bishan flat sold at $900,000 in 2016

    A 2,142 sq ft executive flat at 446 Bright Hill Drive was sold for $900,000 in January 2016. This is the first deal involving HDB flats in Bishan that hit the $900,000 mark this year.Completed in 1990, 446 Bright Hill Drive is located within 400m from Upper Thomson MRT station of the future Thomson-East Coast Line that …

  • Govt wont let property market crash: Shanmugam PropertyGuru.com.sg - Thu, Feb 4, 2016 1:59 PM SGT

    The government has a rough idea as to when to revise the cooling measures, but that doesn't mean that we announce it, said Home Affairs and Law Minister K. Shanmugam. Speaking to over 2,000 property agents … More »Govt wont let property market crash: Shanmugam

    The government has a rough idea as to when to revise the cooling measures, but that doesn't mean that we announce it, said Home Affairs and Law Minister K. Shanmugam. Speaking to over 2,000 property agents at an ERA Realty conference on Wednesday (3 Jan), the minister said such a decision would be made by the National …

  • JTC to launch tender for Tuas South reserve list site PropertyGuru.com.sg - Thu, Feb 4, 2016 12:29 PM SGT

    JTC on Wednesday (3 February) revealed that it has accepted an application toput up an industrial site at Tuas South Link 1 (Plot 1) for sale by public tender. The site was made available for application … More »JTC to launch tender for Tuas South reserve list site

    JTC on Wednesday (3 February) revealed that it has accepted an application toput up an industrial site at Tuas South Link 1 (Plot 1) for sale by public tender. The site was made available for application from 24 June 2014 through the Reserve List system under the 1st half 2014 IGLS Programme. According to JTC, it has …

  • Slower retail sales in Singapore amid growth of multi-channel retail PropertyGuru.com.sg - Thu, Feb 4, 2016 12:11 PM SGT

    The decline in tourist spending, growth of online retail, and more Singaporeans shopping overseas led to slower retail sales growth in Singapore during the past three years, with island-wide retail rents … More »Slower retail sales in Singapore amid growth of multi-channel retail

    The decline in tourist spending, growth of online retail, and more Singaporeans shopping overseas led to slower retail sales growth in Singapore during the past three years, with island-wide retail rents dropping four percent last year, revealed a JLL report. In 2014, around 1.44 million Singapore residents shopped online, …

  • How do stock market losses affect property? PropertyGuru.com.sg - Thu, Feb 4, 2016 11:42 AM SGT

    Recent declines in the Singapore stock market could signal a further property price correction in the coming months, according to JLL. This comes as stock market movement typically leads property market … More »How do stock market losses affect property?

    Recent declines in the Singapore stock market could signal a further property price correction in the coming months, according to JLL. This comes as stock market movement typically leads property market movement by one to two quarters. Should the market lose footing, it is not impossible to expect a recessionary correction …

  • JLL makes new hire PropertyGuru.com.sg - Thu, Feb 4, 2016 11:02 AM SGT

    Photo: JLL More »JLL makes new hire

    Photo: JLL

  • Private-home prices to fall 7% to 10% by end-2017, says BNP Paribas
    Private-home prices to fall 7% to 10% by end-2017, says BNP Paribas The Edge Property - Thu, Feb 4, 2016 10:00 AM SGT

    BNP Paribas forecasts private home prices will fall between 7% and 10% by end-2017. Home prices have fallen 8.4% from the peak in 3Q2013, according to URA flash estimates for 4Q2015. Eight rounds of … More »Private-home prices to fall 7% to 10% by end-2017, says BNP Paribas

    Private-home prices to fall 7% to 10% by end-2017, says BNP Paribas

    BNP Paribas forecasts private home prices will fall between 7% and 10% by end-2017. Home prices have fallen 8.4% from the peak in 3Q2013, according to URA flash estimates for 4Q2015. Eight rounds of property cooling measures, record supply and rising vacancy rates have combined to put further pressure on housing pric …

 

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