24 Jun '14, 7am

Plush and minus, Singapore Property News, Singapore Property Guides & Articles - STProperty

Transactions of condos costing more than $5 million in the first half of the year fell more than 60 per cent from the same period a year ago. The most expensive unit transacted in the first half of the year was a 4,500 sq ft apartment at Boulevard Vue in SALES of luxury condominiums tumbled drastically in the first half of the year after new property curbs deterred buyers, but experts say there is much scope for a recovery. "Historically, the luxury market is more likely to be supported by foreign demand," said Mr Desmond Sim, research head at CBRE. "The enforcement of the Additional Buyer's Stamp Duty (ABSD) has turned away some of this foreign demand as well as local demand." Only 53 condominiums costing more than $5 million have been sold this year, well down on the 165 sold in the same period a year ago, DTZ Research data shows. The total value of such homes sold so fa...

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

Tweets

Tanjong Katong shophouse up for sale, Singapore Property News, Singapore Property Guides

Tanjong Katong shophouse up for sale, Singapore...

stproperty.sg 24 Jun '14, 8am

A FREEHOLD corner conservation shophouse in the Tanjong Katong Conservation Area has been put up for sale in a public tend...

Mortgagee sales touch quarterly high in Q2, Singapore Property News, Singapore Property Guides

Mortgagee sales touch quarterly high in Q2, Sin...

stproperty.sg 24 Jun '14, 8am

[SINGAPORE] The number of properties up for auction by mortgagees (or lenders) as well as their share of the number of pro...

Supply crunch sees CBD office rents rise, Singa...

stproperty.sg 24 Jun '14, 11am

Average CBD rents expanded 4 per cent to $9.96 per sq ft per month in the second quarter over the preceding three months, ...

Is Malaysia's Iskandar losing its shine?, Overs...

stproperty.sg 25 Jun '14, 4pm

RED speckles of danger have surfaced in Malaysia's hot zone Iskandar on the back of frenzied building by gungho developers...

China developers launching massive projects in Johor, Overseas Property News, Singapore Property...

China developers launching massive projects in ...

stproperty.sg 24 Jun '14, 3am

Huge supply: Visitors viewing a model of upcoming developments in Johor's Danga Bay area. Guangzhou-based Country Garden H...

Supply crunch sees CBD office rents rise, Singapore Property News, Singapore Property Guides

Supply crunch sees CBD office rents rise, Singa...

stproperty.sg 24 Jun '14, 8am

Average CBD rents expanded 4 per cent to $9.96 per sq ft per month in the second quarter over the preceding three months, ...

Paya Lebar Central generating buzz, Singapore P...

stproperty.sg 23 Jun '14, 7am

The view from Singapore Post Centre overlooking the almost completed Paya Lebar Square. Interest in the area has perked up...

Canary Wharf skyscraper sold for £795m, Overseas Property News, Singapore Property Guides &...

Canary Wharf skyscraper sold for £795m, Oversea...

stproperty.sg 25 Jun '14, 4am

[LONDON] Canary Wharf Group has sold a one million square foot building in London's financial district to a Chinese-Qatari...

Fourth Gambas site, two Tuas South plots for sa...

stproperty.sg 25 Jun '14, 4am

At a state tender that closed last month, two earlier sites on Gambas Crescent made the headlines when they attracted bull...

Are shorter industrial leases a problem?, Singapore Property News, Singapore Property Guides & Articles - STProperty

Are shorter industrial leases a problem?, Singa...

stproperty.sg 23 Jun '14, 2am

The government's move to shorten industrial land tenures to help industrialists better manage costs is all well and good -...

Are shorter industrial leases a problem?, Singa...

stproperty.sg 22 Jun '14, 6pm

The government's move to shorten industrial land tenures to help industrialists better manage costs is all well and good -...

New: Singapore Property Weekly Issue 161 now out

propwise.sg 23 Jun '14, 12pm

The Great Singapore Property Sale: Buy Now or Wait Till Later? Singapore Property News This Week Resale Property Transacti...

New: Singapore Property News This Week #161

propwise.sg 25 Jun '14, 12pm

Up from 28.9 per cent in H1 2014, the proportion of private housing supply in the Central Region has increased to 33.2 per...

IAre shorter industrial leases a problem?, Sing...

stproperty.sg 21 Jun '14, 8am

The government's move to shorten industrial land tenures to help industrialists better manage costs is all well and good -...

Penang reclaiming land for new island, Overseas Property News, Singapore......

Penang reclaiming land for new island, Overseas...

stproperty.sg 23 Jun '14, 4am

An artist's impression of Seri Tanjung Pinang Phase Two, which includes a whole new island as well as a linear park along ...