27 Jul '15, 3pm

New: Singapore Property News This Week #218

Sentosa bungalow asking for $2,325 psf A sea-facing bungalow at Sentosa is asking for $2,325 psf. An expression of interest exercise has been launched. The property which consists of 10,754 sq ft of land has a 99-year leasehold tenure that starts from 2005. The building has two storeys and a basement. Steve Tay from Newsman Realty believes that the unique location of the bungalow and its large size will be key selling points. (Source: Business Times) HDB resale prices fall by 0.4% in Q2 According to data from HDB, resale prices have fallen by 0.4% in Q2 this year from the previous quarter. Market experts believe that prices will soon stabilise as the price fall in Q2 this year was the most moderate in the past eight quarters of decline. As resale transaction increases 27.8% quarter-on-quarter to 5,286 units, market experts believe that the low prices are attracting buyers....

Full article: http://www.propwise.sg/singapore-property-news-this-week-...

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