27 Aug '13, 7am

#Singapore #GlobalREBubble 'Ardmore condo prices still resilient' via @SGPropertyGuru

Ong noted that future projects within the area would have to happen through collective sales, but that has been halted due to the many unsold new units and high asking prices by homeowners. “Most of the property owners at the Ardmore area are well-heeled and not in any hurry to sell,” said Dr. Tan Tee Khoon, Executive Director for Residential Services at Knight Frank Singapore. Meanwhile, rental prices of condo units within the area slipped in Q2, even as the number of rental contracts increased. Out of 27 rental contracts, the monthly median rent stood at S$5.78 psf in Q2, which works out to S$16,675 per month. This is down from the previous year's S$6.28 psf or S$18,118 per month from 14 rental contracts. “Existing homeowners are likely to hold on to their properties as they continue to enjoy stable rental returns,” said Dr. Tan. “While affluent buyers are likely to stay...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

Property Prices:

bolehland.net 29 Aug '13, 3pm

Pek Chek Kia commented on Property Prices - More like pay for generations... ... Pao pao commented on Bringing Spare - Lol...

#GlobalREBubble #Suckers '@Blackstone eyes prop...

propertyguru.com.sg 27 Aug '13, 7am

Aug 27, 2013 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share US-based investment giant Blackstone plans to...

Singapore's government introduces new property ...

propertyguru.com.sg 27 Aug '13, 11am

Singapore’s Housing Development Board (HDB) has introduced four additional measures to help middle-income Singaporeans aff...

Singapore top US investment destination in Asia...

propertyguru.com.sg 27 Aug '13, 3am

Speaking to the media, Adelman said: “The 10-year cumulative US investment in Singapore stood at US$138 billion (S$176.6 b...

Resale private home prices up in July: Private ...

propertyguru.com.sg 29 Aug '13, 3am

Private home prices in the resale market increased marginally by 0.2 percent in July to 162.7, according to the Singapore ...

Nope… #PrivateDebt 'Singapore stronger than oth...

propertyguru.com.sg 27 Aug '13, 7am

Aug 26, 2013 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share Deputy Prime Minister Tharman Shanmugaratnam ...

Property stocks fall on latest measures: The Si...

propertyguru.com.sg 29 Aug '13, 3am

The Singapore property index tracking 43 stocks fell 1.4 percent to 692.64 at the close of trading yesterday – the lowest ...

Buyers shift focus to shoebox units: DTZ: Buyer...

propertyguru.com.sg 27 Aug '13, 3am

Buyers are being drawn to more affordable and smaller units following the government’s latest property cooling measures an...

New: Singapore Property News This Week #118

propwise.sg 28 Aug '13, 8am

The government will be extending a variety of grants for lower and middle-income households to allow them to pay off their...

Letter to the editor: Housing affordability in ...

propertyguru.com.sg 28 Aug '13, 3am

Everyone aspires to own their own home and most people will want to get married and bring up their children within a suffi...

New: How to Be a Contrarian Property Investor

propwise.sg 27 Aug '13, 9am

While the term Contrarian Investor is typically used for someone who invests against the crowd in the stock market, it is ...

[email protected] condo reportedly for sale: The 30-u...

propertyguru.com.sg 30 Aug '13, 3am

The 30-unit [email protected] condominium could be put up for en bloc sale, media reports said. According to market chatter, loc...

Property stocks fall on latest measures - Prope...

propertyguru.com.sg 29 Aug '13, 8am

The Singapore property index tracking 43 stocks fell 1.4 percent to 692.64 at the close of trading yesterday – the lowest ...

Small developers seek strength in numbers: Smal...

propertyguru.com.sg 26 Aug '13, 2am

Aug 26, 2013 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share Smaller developers are teaming up as consorti...

#GlobalREBubble 'Resale flat prices, transactio...

propertyguru.com.sg 31 Aug '13, 7pm

The Housing & Development Board's (HDB) latest measures could lead to a 10 percent drop in resale transactions and prices ...