Singapore Developer New Launch

05/08/2024

Refreshing part of old beach road

08/04/2024

The rental has dipped due to the increase in private supply yet HDB rent has reached a new high that would also create more opportunities for tenants to look for additional rooms at similar price points.

18/01/2024

Did you feel that your REITS not doing too well? time for some u-turn!

17/01/2024

Maybank is the first foreign bank that offer fixed deposit if you dont know where to put your savings :)

16/01/2024

Most HDBs now start to transact without COV. New BTO and land for private sales supply also increased for the past few quarters, causing new sales demand to diminish.

Moving forward overpriced projects will unlikely see significant gains and may even see losses, especially priced OCR.

See you for a discussion in 2028.

Source: https://www.straitstimes.com/business/new-private-home-sales-in-december-fall-to-lowest-level-since-january-2009

10/01/2024

Most buyers will at least try for Bto at least once or if they can't, SBF before trying resale.

so what does this tell us? does BTO launch supply directly affect the demand for resale flat?

Source : https://www.straitstimes.com/singapore/housing/some-home-buyers-hope-for-more-bto-options-rue-move-to-hold-just-one-sale-of-balance-flats-yearly

03/01/2024

In summary, don't expect fixed deposit and saving rates to go any higher because financial institutions do not lack funds due to the large inflow of deposits since 2022 and rate cuts from the US.

This is not financial advice but consider investing in another sector such as equity, bonds n else.

Source:

It would also lower returns on fixed deposits and Singapore Government bonds. Read more at straitstimes.com.

31/12/2023

Proper planning overrides homeownership because of the Father's prudent planning. Son the co-owner lost the family battle and was given 60 days to leave his house.

Source: https://www.straitstimes.com/business/invest/family-fought-over-rag-and-bone-man-s-4m-house

29/12/2023

Many savvy investors or "deal makers" like to buy industrial for "cashflows" Do watch out for loan eligibility because when the lease drops, the bank will be unable to loan your buyers to meet your target selling price. for more info drop me a text - Kenny

source : https://www.businesstimes.com.sg/property/industrial-gls-h1-2024-launched-5-confirmed-sites-4-reserve

29/12/2023

"HDB resale market seen stable, with 3-5% price growth forecast"

Source :

HOUSING and Development Board (HDB) resale prices are expected to stay on an even keel in the coming year, with 3 to 5 per cent growth forecast for 2024. Read more at The Business Times.

27/12/2023

Suburbs rising , sub sales down.

Source : https://www.businesstimes.com.sg/property/condo-resale-prices-continue-uptrend-volumes-flat-november-srx-99co

25/12/2023

"According to URA data, the median prices of new private homes in the prime district rose 18.9 per cent – from $2,496 per sq ft (psf) to $2,968 psf – from 2020 to the first 11 months of 2023, she said."

Source : https://www.straitstimes.com/business/property/new-private-home-sales-remained-strong-in-prime-district-amid-slowing-demand-in-2023