Author: PropInvestSG

Foreigners have been buying Singapore property in a big way in the recent few years. This has come about because of Singapore’s status as an open, free and well-governed country. Furthermore, cooling measures in Hong Kong and Australia have driven some cross-border investors into Singapore in search for good purchases. This post will be a little more ‘meaty’ and heavy with multiple charts, but I will strip it down and make it as simple and relevant as possible. As much as I can, I will put in “this suggests…”, “this implies…” to make it relevant and down-to-earth for readers...

Dual key units have taken the Singapore residential property and investment market by storm in the recent years. Dual key units actually aren’t present just in Singapore but also in Australia, though it is a relatively new property type. For the uninitiated, dual key units in layman terms can be described as 2 units in one. The more technical explanation is where there are 2 homes sharing a common foyer in a single title. Dual key units were first introduced in the Caspain project by Frasers Centrepoint in 2009. Soon after, this housing format took off when owners and...

In Singapore, 80% of the residents stay in HDB flats. Some buy new launches while others buy resale flats. In any case, Singaporeans can’t be blamed for having the mindset of wanting to profit from their capital appreciation of their flats. In recent years starting from 2013, housing prices have started a decline when the government implemented multiple rounds of cooling measures. This came about because of various rounds of cooling measures ranging from Additional Buyer Stamp Duties (ABSD), Seller Stamp Duties (SSD) and Additional Conveyance Duties (ACD). The HDB resale market was not impacted as severely as the...

For property investors interested to get involved in the market but don’t know where to start, this list of 10 projects with the most number of unsold units can be a good place to kick start your search. The list below has been ranked from most to fewest number of unsold units, with the highest being Marina One Residences and least being Gem Residences at 79A Toa Payoh Central. If you see the third column from the right having numbers fairly close to the second column from the right, this means the project has either been selling for some...

There will be a number of new condominium developments coming up for launch in 2018 after the spate of hotly contested bidding of government land sites and en-bloc sales in 2017. This post will provide a helpful compilation of the condominiums and apartments that are slated to be launched for sale in 2018. The basis for estimation are first the identification of sites that were sold in 2017, then the adding of a few months to account for closing of deal, preparation of land, appointment of consultants by the purchaser etc. Some of the projects do not have any...

Executive condominiums have been a fairly popular property type among home buyers in the recent past. This has come on the back of rising HDB and private condominium prices, leaving fresh graduates, HDB upgraders and those about 5-10 years in the workforce stuck in the middle. People like ECs because of the public to private conversion that happens after 10 years. In the shorter term, the EC behaves like a public HDB flat, with no subletting or sale allowed in the first 5 years. We take a look at how ECs have performed in July 2017. No doubt the...

Is Sengkang/Anchorvale in an ‘ulu’ part of Singapore? With a lot fun things to do, see and eat in Sengkang/Anchorvale, we’ll show you a side of it that you didn’t know. Besides things to do, see and eat, the Sengkang/Anchorvale area is being developed by the government. There are quite a number of residential and commercial developments coming up. For property investors looking to target this location, rentability should not be an issue. Prices would be something to look out for if an investor wants to enter with buffer to make capital gains on the upside. Sengkang and the...

Property market outlook What does the property market hold in store for investors and homeowners in 2017 and 2018? Who wouldn’t like to know? Singaporeans, and Asians in general, have this obsessive attitude towards property ownership, thinking that it can help them get rich. Get rich yes. Overnight? Rare unless you happen to own a unit in a development that is going to undergo en-bloc. Over time, likely. Returns for the property asset class have generally tended to be between equities and bonds over the long term. Figures are usually in the mid to high single digit or low...

Missed out on Hundred Palms new launch EC which was the most oversubscribed in EC history? Don’t miss the next EC  that’s coming up – Rivercove Residences: Living by the river Hundred Palms EC recently made the news when all 531 units were sold out in 7 hours on 22 July 2017. At an average selling price of S$836 psf, the Hundred Palms EC was a hit due to its prime location at Yio Chu Kang. After the bumper sell out, ERA and Huttons said the fantastic response was due to a few factors Prime location in Hougang, a...

It’s true in the 90’s that many people have become rich the property route. I.e. Buying and flipping properties in the run up. Some have gotten rich through buying new cheap properties, sprucing it up and then reselling it on. Others have looked at properties below a certain price quantum e.g. S$1 million or S$600,000, bought them and then resold when the market realized the properties’ potential. So it’s not a wonder then that property investments is perpetually on the minds of Singaporeans young and old alike. At this point of time in 2017, with the market having run...