26 May '16, 1am

En block market unlikely to pick up soon @SGPropertyGuru

Aerial view of the Shunfu Ville site. (Photo: JLL) Despite Qingjian Realty’s $638 million acquisition of Shunfu Ville on Thursday (19 May), other en bloc deals are unlikely to follow anytime soon, given the prevailing tough market conditions, reported The Straits Times . In fact, the mixed-use Thong Sia Building off Orchard Road was the only collective sale which took place in 2015, while there wasn’t a single one in the year before. This was not due to lack of attempts, as units owners at Amber Park and Normanton Park were among those who have tried the en bloc route in recent years, but failed. According to experts, pricing has been the main hurdle, as most developers are cautious of buying large and expensive sites, in light of sluggish sales and the rule requiring them to build, complete and sell units within five years of purchasing the land. Failure to do so means pa...

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

Tweets

The results of our analysis might be surprising to most Singaporeans.

The results of our analysis might be surprising...

propertyguru.com.sg 24 May '16, 1pm

Nanyang Girls’ School is a popular school set in Bukit Timah, amidst some of the most expensive real estate in Singapore (...

Hamvention: The Flea Market

hackaday.com 26 May '16, 6pm

By far the largest single stall at the flea market was Mendelsons . Mendelsons is a Dayton institution and gigantic store ...

Those are some of the most iconic flats in Singapore.

Those are some of the most iconic flats in Sing...

propertyguru.com.sg 25 May '16, 9am

Potong Pasir is among the smallest housing estates in Singapore, but it is not without its charm or potential. In recent y...

Two popular mature estates are in this BTO batch. Who's balloting for one?

Two popular mature estates are in this BTO batc...

propertyguru.com.sg 24 May '16, 9am

Artist’s impression of the EastCreek @ Canberra BTO project. (Source: HDB) The Housing and Development Board (HDB) launche...

Is The Singapore Property Market Really A Buyer...

dollarsandsense.sg 31 May '16, 4am

The Fine Line Between Diversification And Over Diversification 6 Problems I Faced When Learning How To Buy My First Stock ...

Pre-recession sales unlikely to return, says Ma...

luxurydaily.com 24 May '16, 9am

Photo of VivaLuxury courtesy of Bergdorf Goodman SAN FRANCISCO – Consumer behavior and values shifted drastically with the...

New URA website offers easier access to propert...

propertyguru.com.sg 03 Jun '16, 6am

Users of URA SPACE can obtain private property market information by property types. The Urban Redevelopment Authority (UR...

If you live in Changi Garden, Eunosville or Tam...

propertyguru.com.sg 06 Jun '16, 9am

Aerial view of the Shunfu Ville site. (Photo: JLL) The $638 million collective sale of Shunfu Ville has stoked the interes...

Despite a strong turnout at their $10M showflat...

propertyguru.com.sg 24 May '16, 12pm

Large crowds turned up at the Stars of Kovan showflat over the weekend, but this didn’t translate into strong sales. (Phot...

#APACproperty

propertyguru.com.sg 30 May '16, 9am

Silversea along the East Coast won a World Gold prize. (Photo: Far East Organization) Far East Organization is the first S...

The race to the bottom continues! #Singapore pr...

propertyguru.com.sg 29 May '16, 4am

Property analysts believe that Singapore’s housing market is bottoming out. LaSalle Investment Management believes that Si...

The NIKEiD Sock Dart is Coming Soon

nicekicks.com 26 May '16, 5pm

As the Nike Sock Dart continues to grow more visible with easier accessibility, NIKEiD will soon release the shoe on their...

#Singapore - Sluggish rental #property market f...

propertyguru.com.sg 23 May '16, 8am

The practice of short-term rentals is illegal in Singapore. The difficulty in finding long-term tenants amidst the sluggis...

28-29 May 2016: Wheelock Place Oyay Summer Week...

sg.everydayonsales.com 24 May '16, 4pm

from 11am to 9pm. Enjoy Demonstrations by Fashion Markerspace, Sew Simple, Knovus and Open-Terrarium, Performances by Aman...

Eye on Sentosa: Sun, sea and sales - PropertyGu...

propertyguru.com.sg 27 May '16, 4am

As Singapore’s only island resort, Sentosa attracts millions of visitors every year. Once a British military base and Japa...