...ncreasing rental rates and high occupancy rates have spelled record profits for two of the city’s main developer s.
Developer s secure record profits
by Robert Carry
...
...uo;s stocks closing 3.4 per cent in the following day’s trading. Stocks in Singapore’s other key developer s had a varied response; Ho Bee fell two cents to 95 cents and SC Global dipped fo...
... due in no small part to continued economic uncertainty.
“Reits and the shares of property developer s are seen as a proxy to the sector,” says Frankie Lee, fund manager of the ...
The crowds of potential purchasers at show flats have dwindled to a handful of people, most developer s who launched projects in the last quarter of 2007 still have many units on their hands and new la
...gapore Time Ball, Fort Canning Gothic Gate, Fort Canning and Gothic Gate are all within easy reach.
The developer responsible, Frasers Centrepoint Homes, was also behind projects such as Soleil @...
...Cove’s last condominium site. The successful tender confirmed Ho Bee’s status as the most active developer on the 117-hectare waterfront enclave, where it has been awarded the tender for e...
...Boon Keng by Hoi Hup Sunway Development, the second public housing project to be built and sold by a private developer , has gone on sale. The 714-unit project, which will be ready in September 2011, c...
...ing of interesting lifestyle features are now being introduced to distinguish between developments. Property developer s are outdoing themselves to meet the new lifestyle needs of their customers, from...
... 1927, is currently working with Keppel Land on Marina Bay Residences, a joint-venture between the Singapore developer , Hong Kong Land and Hong Kong-based Cheung Kong (Holdings)/Hutchison Whampoa.
...
...ing from 9,725-12,048sqft, all other land parcels have been put up for sale and snapped up by a mixed bag of developer s (see Awarded Plots table). These include established regional developer s such as...
...Cs are comparable in design and facilities to private condominiums as they are developed and sold by private developer s.
The first owner of a Executive Condominium are not allowed to re-sell th...
...n exercising the Option to Purchase or signing the Sales and Purchase Agreement when you buy from a property developer . For properties above S$300,000, stamp fee payable will be 3% of the purchase pri...
...to be completed between 2008 and 2011.
For the whole of 2007, 14,016 uncompleted units were launched by developer s for sale, marking the highest number of new launches in a year since 2000. This ...
... area has been master-planned, there’s a very good connectivity between all the buildings.”
Developer s have been keen to promote Marina Bay not only as a centre of finance but also as...
...t by Indochina Land.
China - China’s property sales leap 65%
China’s leading 100 property developer s have reported a a year-on-year increase of 65.32 percent in unit sales, a nation...
...velopment Authority (URA), the number of private homes sold in March leapt 80 per cent from February.
Developer s were even more positive, having launched more than 600 units for sale in March &...
...d the Award for Best Urban Design and Master-planning for its work on the Bras Basah/Bugis area, while local developer s Capital Land Commercial, City Developments and UOL Group each walked away with a...
... time, the supply of property available has been limited by a number of factors such as en bloc purchases by developer s, which has exacerbated the situation.”
However, it is still less th...
...Despite the fact that concerns about global real estate market slowdown have been circulating for some time, developer s in Singapore have remained bullish amid continuing strong sales. According to a ...
...Architects for its as-yet unnamed development at the former Farrer Court site. Surprisingly, even though the developer has brought in such a well-known architect, the residential development will not ...
...ompleted between 2008 and 2011. Out of the 56,100 new homes, about 38,300 units or 59% have not been sold by developer s yet. This may impact the price if demand remains weak over the next few months. ...
...vertaken the land cost for some 99-year condo sites.
And with unit sale price set to drop further, developer s may have no choice but to bid even lower for land to maintain their dwindling pr...
... the Government Land Sale Programme for next year and that too did not cause any excitement as investors and developer s had already been primed. Here are summaries of December’s news.
(A)...
...nd outright bad news for the Singapore real estate market.
Feb 16, 2008
Introduction
Developer s holding back launches of new home projects and the roller-coaster performances b...
...purchases (e.g. overseas property funds acquiring a number of blocks in a project), swop deals (e.g. between developer s) and marriage deals (e.g. local and overseas joint ventures buying back own proj...
...ble gradual decline in price trend. This may trigger off the ‘competition to sell’ among housing developer s in Singapore as more completed new homes are available for occupancy.
...
...was replayed again and again. The buyers continue to adopt the ‘wait-and-see’ attitude while the developer s continue to hold back launches. While waiting for a new market impetus and direc...
...r this year to be as high as last year’s $3.8 billion.
For the month of February, investors and developer s alike continued to be spooked by the on-going uncertainties in the global econom...
...st thin volume
(B.2) Increased in unlaunched and unsold new homes in the first quarter of 2008
(B.3) Developer s testing water with some new launches
(B.4) Far East Organisation cut prices ...
...
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