Darwin & Regine - Your trusted Realtors

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SINGAPORE (EDGEPROP) - Guocoland’s 99-year leasehold condo Midtown Bay has achieved a new psf price high of $4,086 psf. ...
25/10/2023

SINGAPORE (EDGEPROP) - Guocoland’s 99-year leasehold condo Midtown Bay has achieved a new psf price high of $4,086 psf. This comes from the sale of a 474 sq ft one-bedroom unit at $1.97 million on Sept 10, beating a list of condos that saw new psf-price highs between Aug 29 to Sept 10.

Its previous highest psf price was in January when a 732 sq ft two-bedroom apartment changed hands for $2.9 million or $3,929 psf.

Taking the top spot in the list of most profitable resale transactions during the week of Sept 12 to 19 is the sale of a...
25/10/2023

Taking the top spot in the list of most profitable resale transactions during the week of Sept 12 to 19 is the sale of a three-bedroom unit at The Park Vale, a 999-year leasehold condo in prime District 11. The 2,034 sq ft unit was sold for $3.5 million ($1,720 psf) on Sept 12. It had been purchased for $1.13 million ($555 psf) in July 2006. As a result, the seller made a profit of $2.37 million (210%), which translates to an annualised gain of 6.8% over 17 years.

The 2,034 sq ft unit at The Park Vale was sold for $3.5 million ($1,720 psf) on Sept 12.

Freehold condo Goodwood Residence topped the list of condos that saw new psf-price highs between Sept 19 and Oct 3. The ...
25/10/2023

Freehold condo Goodwood Residence topped the list of condos that saw new psf-price highs between Sept 19 and Oct 3. The condo recorded the sale of a 10,710 sq ft, five-bedroom penthouse for $32 million on Sept 27. The seller and first owner of the unit had purchased it in June 2014 for $15.6 million ($1,457 psf), which means they made a profit of $16.4 million on the sale. According to the EdgeProp Research tool, the penthouse’s original floorplan shows that it comes with five bedrooms, a dedicated wine room, and a roof terrace.

This beats the condo’s previous high of $2,940 psf, when a four-bedder changed hands for $7.5 million in November 2017.

Residential properties in Singapore are popular with foreign buyers due to its reputation as a safe haven for their asse...
31/05/2023

Residential properties in Singapore are popular with foreign buyers due to its reputation as a safe haven for their assets. Singapore is also known for having a stable property market with strong capital appreciation, a pro-business economy as well as a transparent and corrupt-free government.

Malaysians used to be the largest international buyers of Singapore residential properties. This is no longer the case.

The transaction of a 1,281 sq ft, three-bedroom unit at The Atelier for $3.2 million, or $2,494 psf, on March 5 set a ne...
24/05/2023

The transaction of a 1,281 sq ft, three-bedroom unit at The Atelier for $3.2 million, or $2,494 psf, on March 5 set a new low in terms of psf price for the project. This is based on transactions between Feb 24 and March 3.

According to developer sales data, The Atelier has moved about 37 units to date, which translates to a take-up rate of about 31%.

RESALE prices and volumes of condominiums continued to rise in March, supported by healthy demand for units in the Outsi...
17/05/2023

RESALE prices and volumes of condominiums continued to rise in March, supported by healthy demand for units in the Outside of Central Region (OCR).

RESALE prices and volumes of condominiums continued to rise in March, supported by healthy demand for units in the Outside of Central Region (OCR). Read more at The Business Times.

Developers sold 492 new homes excluding executive condos (ECs) in March 2023, according to URA data released on April 17...
10/05/2023

Developers sold 492 new homes excluding executive condos (ECs) in March 2023, according to URA data released on April 17. The figure is 13.9% higher than the 432 units sold in February but 24.8% lower compared to a year ago, when 654 units were sold.

Developers sold 492 new homes excluding executive condominiums (ECs) in March 2023, according to URA data released on April 17.

The recent increase in Additional Buyer’s Stamp Duty (ABSD) for foreign buyers, as well as Singaporean and permanent res...
10/05/2023

The recent increase in Additional Buyer’s Stamp Duty (ABSD) for foreign buyers, as well as Singaporean and permanent resident (PR) investors, gives an advantage to first-time Singaporean and PR buyers. The ABSD rates remain unchanged at 0% for Singaporeans and 5% for PRs first-time buyers. As such, local and PR buyers should seize the opportunity to purchase their first home.

A freehold two-bedroom condo unit in district 9 has an asking price for under $1 million!

URA's property price index showed private home prices rose by 3.3% q-o-q in Q1 2023, accelerating from 0.4% in Q4 2022. ...
10/05/2023

URA's property price index showed private home prices rose by 3.3% q-o-q in Q1 2023, accelerating from 0.4% in Q4 2022. It's the 12th consecutive quarterly increase, says Tricia Song, head of research, Southeast Asia, CBRE.

The price increase in 1Q2023 was driven mainly by landed properties which rose 5.9% q-o-q, and city fringe condos with price gains of 4.4% q-o-q

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480 Lorong 6 Toa Payoh HDB HUB East Wing
Singapore
310480

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+6598167929

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