06 Jul '18, 8pm

Latest property cooling measures: en bloc sales will bear the brunt

THE surprise latest property cooling measures will likely dampen the collective sales market but it has in fact been clear for a while that en bloc sales bear watching. A marked improvement in home buying sentiment last year depleted developers' residential land bank and led them to bid aggressively for sites both through collective sales and at state tenders. The higher land prices have contributed to developers launching projects at higher selling prices so far this year. Compared with selling their homes individually, owners in a development can reap a higher price for their units by selling collectively to a developer that is interested in the land. The sale premium currently is around 60-80 per cent in most cases - indeed some have likened en bloc sales to a national lucky draw with a high probability of landing a windfall. But only owners of private condominiums and ...

Full article: https://www.businesstimes.com.sg/opinion/latest-property-...

Tweets

The latest transaction of .top Check

namebio.com 10 Jul '18, 7am

Blog Daily Market Report Domain Discoveries Top Sales The Domain Game Contact

Honestly, I’m actually surprised that the government took so long to act on the speculative market. https://t.co/hpY5IwhJLv

Honestly, I’m actually surprised that the gover...

businesstimes.com.sg 06 Jul '18, 2am

THE fall in property and bank stocks continued on Friday afternoon, after the Government's surprise measures to cool the p...

Panic buying at showflats after new cooling mea...

channelnewsasia.com 05 Jul '18, 4pm

SINGAPORE: Crowds of potential buyers flooded showflats across Singapore shortly after new cooling measures were announced...

Singapore Developers Attack Cooling Measures, S...

bloomberg.com 07 Jul '18, 2am

Your usage has been flagged as a violation of our terms of service . For inquiries related to this message please contact ...

New property cooling measures announced: Higher...

channelnewsasia.com 05 Jul '18, 11am

SINGAPORE: The Government announced on Thursday (Jul 5) that it is raising Additional Buyer Stamp Duty (ABSD) rates and ti...

New property cooling measures announced: Higher...

channelnewsasia.com 05 Jul '18, 2pm

SINGAPORE: The Government announced on Thursday (Jul 5) that it is raising Additional Buyer Stamp Duty (ABSD) rates and ti...

Nobody is asking how sky-high urban property pr...

bloomberg.com 06 Jul '18, 5am

A sledgehammer to swat a fly. That’s how OCBC Investment Research is describing the unexpected curbs on Singapore’s proper...

Latest property curbs aimed at reining in en bl...

iproperty.com.sg 10 Jul '18, 4am

The latest round of property cooling measures seemed to be mainly aimed at taming the collective sale fever. Brookvale Par...

Their jobs haven’t changed, but #Iceland women are getting raises https://t.co/tbv7JZyV2Z

Their jobs haven’t changed, but #Iceland women ...

straitstimes.com 09 Jul '18, 4am

SINGAPORE - Singapore banks are expected to benefit from property cooling measures which kicked in on July 6, as they will...

Singapore developer stocks may fall on surprise property curbs

Singapore developer stocks may fall on surprise...

straitstimes.com 05 Jul '18, 11pm

SINGAPORE (BLOOMBERG) - Singapore property stocks are set for knee-jerk declines on Friday (July 6) after the government u...

Singapore real estate cooling measures prompt p...

alvinology.com 08 Jul '18, 9pm

The government has announced that tomorrow (6/7) there will be increased stem duties and many properties are hurrying to s...

Running Faster Than The Bear In The Stock Market

Running Faster Than The Bear In The Stock Market

thefinance.sg 06 Jul '18, 6pm

It hasn’t been exactly that time of the year when we are faced with grumbling bears and depressing news all over the chann...

Temasek: DBS will weather Singapore’s fresh pro...

shentonwire.net 10 Jul '18, 11am

Banking group DBS wasn’t likely to face a significant earnings impact from fresh property cooling measures, Singapore weal...