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Archive for Property 2008

A time for reflection and planning

A time for reflection and planning
No panic mood this time round and developers are financially stronger unlike during the Asian crisis, but a lot depends on Singapore’s growth, construction bottlenecks and costs, and investors’ pricing power, writes KALPANA RASHIWALA
AFTER two years of exuberant growth, Singapore’s private housing market has come to a virtual standstill. Property [...]

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Seven tips for buying a second home

Seven tips for buying a second home
There are still pockets of new developments in Singapore that are priced below $1,000 per sq ft, writes PETER OW
HOUSE hunting can be challenging at a time when sellers are holding firm despite a quieter property market while buyers are expecting a steeper discount based on weaker sentiment from [...]

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Home prices surpass 1996 levels

Home prices surpass 1996 levels
Even if the US sub-prime problem drags on, mid and mass market homes would still see price increases this year, says HAN HUAN MEI
RESIDENTIAL property prices in Singapore saw phenomenal growth in 2006-7. Robust economic growth of about 7-8 per cent in the past three years, a growing number of millionaires [...]

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Prices and rentals of landed homes set to rise

Prices and rentals of landed homes set to rise
Land scarcity in Singapore should ensure sustainable capital growth in landed housing in the medium to long term, write STEVEN MING and AVIN SEOW
LANDED homes saw their strongest price rise last year since 1994 but they have yet to catch up with their non-landed counterparts, leaving room [...]

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Don’t overpay for your home loan

Don’t overpay for your home loan
With over a hundred home loan packages available in Singapore, DENNIS NG discusses how to pick the right one
WHAT interest rate are you paying on your housing loan? If you are paying 3.5 per cent or more, you might be overpaying. With the US Federal Reserve cutting interest rates, the [...]

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Residential rents seen rising further

Residential rents seen rising further
En bloc sales and population increase caused by influx of foreigners will continue to fuel demand, writes LEONARD TAY
RESIDENTIAL rents bottomed out in 2004, recovering until 2007 when they staged an extraordinary rise, surging by more than 40 per cent within the year. This was the highest rate of increase in [...]

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Eclecticism is the new home mantra

Eclecticism is the new home mantra
The new aesthetic in interior design dictates that the next time you buy a table, it doesn’t have to match your chairs, learns SARA LIM
HOMES these days are displaying an intriguing mixture of influences from different cultures and time periods, instead of sticking to a rigid theme like Zen minimalism [...]

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Changing home investment scene

Changing home investment scene
Non-landed residential market most likely to gain from influx of foreign talent, say CHUA YANG LIANG and JACQUELINE WONG
SINGAPORE’S non-landed residential market put in a strong performance last year, sub-prime notwithstanding, driven by the luxury and prime segments whose resale capital values saw stunning year-on-year growth of 51.7 per cent and 50.6 [...]

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HDB resale buzz set to continue

HDB resale buzz set to continue
But increasing buyer resistance and and an expected surge in supply may take away some sheen, says EUGENE LIM
HDB resales prices accelerated their climb in the second half of 2007 for a full-year gain of 17.5 per cent, on the back of a strong economy, brighter job prospects and supply-demand [...]

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Retail rents unlikely to soften

Retail rents unlikely to soften
But Singapore’s retail operators finding it tough to sustain their businesses, writes SHERENE SNG
SHOPPING seems to be in the psyche of every Singaporean but how will the dynamics in the retail sector - rising rents in particular - reshape our favourite pastime? First, let’s look at the current situation, where retail [...]

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