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Get ready for more New Launches
All customers, get ready yourself, a lot more new launches coming up. Grab the opportunity to get yourself a property. Launches at Serangoon Ave 3, Pasir Panjang, Leicester, Kembagan, Shrewsberry and many more coming soon. Click on the above to register yourself to get more updates of these coming projects.

District 1 to 8 Updates
Dorsett Residences @ Outram
Calling all investors, take note! Get ready for Dorsett Residences launching soon. Located just outside Outram MRT Station. An outstanding for investment not to be missed. This project is definitely a good project to embark on for capital gain. Register NOW!

New Project in Robinson Road
A new project is set to launch very soon in Robinson Road, right in the heart of our CBD area just opposite Lau Pa Sat festive market. This project is definitely a good investment item with high tenancy rate. Register now by clicking on the title to get upcoming updates on this project.

District 9 Updates
Twin Peaks @ Leonie Hill Road 
For all customers looking for District 9 projects, here comes Twin Peaks @ Leonie Hill Road. Iconic 36 storeys twin tower is going to be the marvel in the area. Private Invitational preview now on for all those who are keen to take a look. Call us now to know more.

Grange Infinite on sale
Premium high quality, high end project just behind Takashimaya Shopping Mall. Outstanding district 9 location that is great for luxurious own stay or investment. Superior quality finishes that is uncomparable.  TOP in 2011. Call us for appointment today.

Espada prove itself worthy
Espada is considered one the best selling project in District 9. Outstanding Somerset location great for investment or own stay. Moreover with loaded of facilities, this project has been considered and all rounder for any one. Good Returns can be expected. Call us today for appointment.

District 10 Updates
Stevens Suites Launching Soon  
A rare location with very few new launches. Stevens Suites is located in Prime District 10 along Stevens Road. Consist of only exclusive 32 units from 1+study to 3 bedrooms and penthouses. Excellent project that calls for high rental yield and capital returns. Call us for appointment now.

Shamrock Villas preview starting
Shamrock Villas is holding its preview very soon. Please register asap. This 10 units strata bungalow development is definitely a project for you if you are looking for landed property. High quality good size bungalow for your selection. Call us today for appointment

EstriVillas @ Jalan Lim Tai See
District 10 Cluster Semi-D, 39 luxurious spacious units off Sixth Avenue. Excellent quiet and cosy environment for the family. High Quality Finishes and Fittings, Booking starts now. Don't miss this project...

District 11 Updates
368 Thomson by CDL
All Customers, fantastic sales result in 368 Thomson, in just 3 day, 130 units of the 157 units are sold. Definitely the project of the year. For those who haven't get a unit. Act Fast by calling us now for appointment. Left with 3 and 4 bedrooms only.

L'VIV @ Newton - Booking Now
L'VIV @ Newton consist of 147 units of 1+study and 2+Study with superb quality finishes. Excellent for all investors with just 20% capital outlay. Call now for appointments.

Gilstead 2 Launching Soon
Gilsteads 2 at Newton vicinity. Private Appointment Preview now on. Centralise location consisting of all 2 bedrooms units.Good project with designer's interior. Don't wait. Register for preview now. A project not to be missed.

District 14 Updates
Excellent Sales for La Brisa  
Great Response for La Bisa at Geylang Lorong 28 on preview day. Left only 3 units of 3 bedrooms. This development is a 84 units development consist of 1, 1+study, 2 and 3 bedrooms. A nice project with good layout. Call us for cheque collection NOW!  Act Fast!

Major Project in Kembagan Coming
All Kembagan Lovers, there will be a major project coming up in Kembagan very soon. This freehold 472 units development will be located in Lengkong Tujoh. It will consist of 1 to 4 bedrooms and penthouse. If keen please click on the title to register yourself.

District 15 Updates
Haig 162 @ Haig Road
Great Project not to miss. Haig 162 coming your way and launching soon. Good east coast location near lots of amenitites, eateries and top schools. Excellent investment property starting from just $4xxk. Call us now for cheque submission.

MelroseVille @ Rose Lane
Any buyers looking at the East, check out Melrose Ville. This is definitely a value buy for investment or own stay. Marble quality finishes and spacious layout make this development perfect. Most importantly, it is very attractive in pricing. Left with the last few units. Call now to know more.

Tivoli Grande @ Koon Seng Road
Call us now, hot project Tivoli Grande launching soon. Tivoli Grande a 82 units condo development is the gem to be in Koon Seng area. A good development with excellent quality finishes and well planned layouts. Definitely a good buy. Call us now to enquire and Booking!

Bella Casita Preview Now
Located at District 15 Ipoh Lane, Low Quantum, Affordable starting from only $6xxk. Excellent High Potential for Rental and Capital Yield with coming Paya Lebar Business Hub. Call now for appointments Call us NOW!

Aalto - Booking Starts Now!
One of the most talked about project in 2007. Aalto @ Meyer road, outstanding seaview lifestyle living with superb high quality interior finishes and fittings. Luxury that is undefined. Definitely a desired lifestyle for your family. Call Now for viewing and info.

District 19 to 21 Updates
The Scala @ Serangoon Avenue 3
Another new project by Hong Leong is coming up in Serangoon Avenue 3. This will be a hugh project consisting of 468 units from 1 to 4 bedroom units. Concept is said to be new and unique. For all who are keen in this location, Cheque collection in the progress now. Call us for procedures.

Property Search Engine

Hot Properties Launch

Aalto
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Price: $ 1,530.00
Urban Suites
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Call us for Pricing
Siglap V
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Melrose Ville
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The Tier
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Home arrow Property Market Reviews arrow Market Review - Apr 2008
Real Estate Market Review - April 2008 Print E-mail

Singapore Real Estate Market Review - April 2008

Introduction

The global situation is far from certain. As I was preparing this Quarter Review for publication, the Straits Times Index (STI)  – the barometer of Singapore’s stock market performance – dropped 80-over points in a day in what appeared to be the beginning of another massive correction phase.  Unless and until the US economy stops the blood-letting,  energy prices goes back to sanity level, and prices of foodstuff come off from the shelf and back to floor level again, property investors will continue to adopt the ‘safety first’ strategy with compulsion..

In this Quarter Review, I have identified the following topics for some detailed analysis and they include:

  • The dismal showing of new launch/showroom sales – my advice to agents is to stay away from there unless you have five novels to finish from now to end of the year or you are bored with your marriage life. [Click here for Statistics]

  • Landed property performance in the first quarter where Districts 10 and 15 were examined in detail in the following categories – house types [from bungalow to terrace house], transaction figures of each house type, price range and median prices. Landed property is definitely an area of potential and steady growth, even though superficially it appears to be dragged down by the same horror stories in the larger market. However, whether or not a landed property is sellable or not still depends on the same fundamental factors such as location, frontage, orientation etc. Agents are advised to stay close to basics real estate investment 101. [Click here for Statistics]

  • Collective sale performance is analysed with the perspective to forecast the supply side situation. As collective sale involves huge funds, the availability of war chest or sudden withdrawal of resources may serve as a telltale sign of things to come. [Click here for Analysis on the Kuwaiti episode]

  • Foreign interest in Singapore property market remains comparatively strong though the absolute number of transactions had declined. [Click here for Statistics]

  • Government land sale (GLS) programme appears to be on the wane as the number of bidders has significantly reduced for land parcels in outlaying areas and the bid prices tend to be more conservative in general in the first three months.


  • The HDB market remains upbeat with sellers asking for ‘future prices’ that reflect optimism of the larger economy and Singapore’s success story. It appears that the heartlanders are the jolly lot and they are generally expecting greater things to endow Singapore. Interest on larger flats remains strong and it shows that confidence level is high among HDB upgraders.

  • Last but not least, this Quarter Review contains a case study to ascertain the ‘Most Sellable Projects’ in the Central Core Region (CCR). It uncovers that many District 9 projects attracted only single digit transactions over the past six months. The surprised outcome of the case study is that the lists of statistics can now act as a ‘Sellability Checklist’ for agents who have listings in CCR. As such, more projects will be included in the next report. So, stay tuned.
  • Other things that may occupy real estate agents for some months would be the introduction of a new HDB Resale Checklist, purportedly to ensure the professional standards of real estate agents. The details are in Annex A. Another new initiative by HDB was the introduction of a higher-tier Single Housing Grant to reward filial piety. See details in Annex B. With HDB resale transactions gaining on, real estate agents specialising in HDB resale will have more busy days ahead.



 
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