Author: PropInvestSG

Top 10 most expensive properties sold by developers in July

Share this: The Singapore property market has been slowly picking up, with developers hotly contesting for en-bloc sites, a Chinese developer throwing down S$1b for a government land sale site at Sitrling road and buyers snapping up all 531 units in Hundred Palms EC within an afternoon. Interested in how the property market is faring? This post will show you where developers sold the most expensive units in July 2017. The S$3,000 psf pricing psychological barrier has not been broken, but it’s close to being broken with the highest priced unit at Lloyd SixtyFive going at S$2,842. On average,...

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Property investment potential in Sengkang and Anchorvale

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...

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Condominiums with low asking prices

For property investors seeking to make a quick buck in the market, the purchase price is usually a big factor in determining how much capital gain the investor can make over the next few years. Let’s recap, in general, there are a few ways property investors can get a high return on their investment. I assume a non-landed residential condominium development. Rent out the unit with minimal vacancy in between tenants Sell the unit at a higher price than purchase Leverage up more Buy a run-down unit, refurbish it, then rent or sell it at a higher price than...

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Singapore property outlook 2017 and if forecasters got it accurate

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...

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Living by the river at Rivercove residences new launch EC at Anchorvale

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...

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S$1.6b Cromwell REIT Singapore review

SGX recently announced that Crowmell Property Group, a global real estate manager, is setting up a REIT in Singapore. This post lists reviews a few things before dropping some money in the IPO. At S$1.6 billion, the IPO is one of the largest REIT IPOs in recent times. Some REITs that listed recently include EC World, Manulife REIT and BHG Retail REIT. Honestly, I had never heard of Forchn Holdings (sponsor of EC World) and BHG (apparently not the same as the BHG department store in Clementi Mall and Bugis Junction according to BHG’s website). And when news broke...

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3 new launch condo units under S$1 million for investors and homeseekers

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...

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1:500 trading leverage? Pepperstone trading platform review

Recently heard about the Pepperstone web trading platform and took a look at it to see if it’s any good. Seems like a pretty neat platform with most of the tools that one would need to trade across the world. Even though it’s an Australian broker, my experience using it for the past year shows that there’s no difference in currency funding, experience and breadth of instruments to trade compared with a local broker. Here’s a quick review on what the platform has to offer. Most indices around the world are available for trading. Precious metals available for trade though...

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1:500 trading leverage? Pepperstone trading platform review

Recently heard about the Pepperstone web trading platform and took a look at it to see if it’s any good. Seems like a pretty neat platform with most of the tools that one would need to trade across the world. Even though it’s an Australian broker, my experience using it for the past year shows that there’s no difference in currency funding, experience and breadth of instruments to trade compared with a local broker. Here’s a quick review on what the platform has to offer. Most indices around the world are available for trading. Precious metals available for trade though...

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6 types of REITs in Singapore and how to invest

The Singapore REIT market has grown from just 1 in 2004 to 37 in 2017. For someone new to investing, how can one decide on what REIT to invest when there are so many? In this post, I introduce the 6 types of REITs in Singapore and a few tips on how get started with investing. The 30,000 feet view First, the 30,000 feet view on the Singapore REIT market. There are 6 classes of REITs in Singapore and pictures speak a thousand words so here they are –...

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5 things you should know about Keppel DC REIT

Keppel DC REIT released their second quarter 2017 financial results in July. This post is a review of their results and the top 5 things you should know from their announcement. Key highlights Distribution or dividend per unit in the first half of 2017 has improved compared to the first half of 2016, rising from 3.34 SG cents to 3.63 SG cents. There’s been an improvement between second quarter 2017 and second quarter 2016 too. Gearing ratio of 27.7% remains one of the lowest among Singapore REITs. The average leverage for Singapore REITs is approximately 35%. Distribution or dividend...

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5 REITs with low gearing ratios

Why is A REIT’s gearing ratio important? The gearing ratio for a REIT is an important indicator as to how healthy it is. Higher gearing ratios mean that the REIT is paying banks and bondholders a higher amount of interest expense, and that would mean a lesser amount of money available for distribution to you as investors. If there’s one thing to take away from this post, a lower percentage of gearing is always better than a higher one. Two reasons for this Interest expense is likely lower, resulting in a higher net property income margin These REITs have...

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How to read a Singapore REIT’s acquisition document – Tsing Yi Case study

On the back of MLT’s acquisition of Tsing Yi warehouse in Hong Kong, I thought I’d do a comprehensive “How to” on understanding the announcement they put out and what it means for investors. I will point out the implications of certain portions for investors and briefly explain how the Tsing Yi acquisition affects them. The document will be screen-shot to make it easy for us to get through it. MLT’s acquisition announcement consisted of 23 pages. Let’s start with page 1. In this acquisition, MLT the manager is making the announcement. HDBS Institution Trust Services (Singapore), the “Trustee”...

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6 types of REITs in Singapore and how to invest

The Singapore REIT market has grown from just 1 in 2004 to 37 in 2017. For someone new to investing, how can one decide on what REIT to invest when there are so many? In this post, I introduce the 6 types of REITs in Singapore and a few tips on how get started with investing. The 30,000 feet view First, the 30,000 feet view on the Singapore REIT market. There are 6 classes of REITs in Singapore and pictures speak a thousand words so here they are...

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How much should you allocate to REITs in your portfolio?

For those who have been working for some time, one question that comes up to me often when I speak with these people is the question of asset allocation. How much of my portfolio should I put in REITs? To tackle the question, let’s first start with how much you should put in stocks, which is an umbrella term that covers REITs. One school of though advocates putting a percent into bonds based on your age. If you’re 30 and have S$10,000 to invest, put S$3,000 into bonds. If you’re 40, put 40% so on and so forth. The...

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