31 May '14, 10am

Property Trends in Singapore for 2014 and beyond, Singapore Property News,, Property Guides & Articles - STProperty

When prices of land run up to meet the minimum bid price the Singapore government wants, the pressure of demand outstripping supply has already built up. And given that houses need 2 to 3 years to build, during this phase, the land prices will continue to shoot up. This is also the reason why we think that Mr. Ku Swee Yong advocated that in Singapore, the strange things happen when supply is released, the prices shoot up, it's uniquely Singapore. Why? This is because when land is released, developers are already starving of land, and will bid aggressively for the land. Developers would also know that this supply is released on the back of demand outstripping supply. Else why would developers bid high?

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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Another EC site put up for tender, Singapore Property News, Singapore Property Guides & Articles - STProperty

Another EC site put up for tender, Singapore Pr...

stproperty.sg 31 May '14, 10am

[SINGAPORE] The Housing and Development Board (HDB) has released another executive condominium (EC) site for tender. The s...

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sg-shop.com 30 May '14, 12pm

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BTO exercise: Fewer first-time applicants than ...

stproperty.sg 31 May '14, 8am

THERE were fewer first-timer applicants than flats available to them in the latest Build-To-Order (BTO) exercise offering ...

The URA Report on Property Trends for the First Quarter of 2014, New Launches, Singapore...

The URA Report on Property Trends for the First...

stproperty.sg 30 May '14, 2am

According to the URA, a decline in private residential properties was observed throughout the market. Generally, Prices we...

Office rents here 'may rise fastest in the worl...

stproperty.sg 30 May '14, 2am

A LACK of office space could drive up rents at a faster pace in Singapore than anywhere else in the world this year, accor...