Forett At Bukit Timah

14/03/2022

"The prices of Housing Board resale flats edged up for the 20th straight month in February, while the number of flats sold fell on the back of property cooling measures introduced in December"

Credit to: The Straits Times 10/3/2022

Compared with February last year, prices were up by 12%. . Read more at straitstimes.com.

27/10/2021

As flats in these prime areas will “naturally command higher market values”, the units will be priced with additional subsidies, on top of those currently provided for all BTO flats.

“This will keep flat prices affordable for a range of Singaporeans,” said HDB.

But those who sell their flats later on will have to pay a percentage of the unit’s resale price to HDB, to allow authorities to “fairly recover the extent of the additional subsidies” initially given.

Credit to: CNA,27/10/2021

SINGAPORE: Buyers of future Build-to-Order (BTO) flats in prime locations will face a longer minimum occupation period (MOP) of 10 years, as part of a new model meant to keep housing in these locations accessible for Singaporeans, said the Housing & Development Board (HDB) on Wednesday (Oct 27). T

30/08/2021

"Features include about 20,000 sq m of retail, food & beverage and office space in a podium, which will be centred around an 1,800 sq m plaza that can be used to host community and special events. The development will also offer 700 residential units and 150 serviced residences, as well as about 2,000 sq m of community space."

THE Urban Redevelopment Authority (URA) has awarded a state tender for the 99-year leasehold commercial and residential site at Jalan Anak Bukit to Far East Organization and Sino Group, who jointly submitted the highest bid of around S$1.028 billion among the three shortlisted tenderers. Read more a...

11/08/2021

"Singapore's strong first-half real estate investment market performance is in line with a continued recovery in the Asia-Pacific region, which posted steady sales growth in almost all major markets in the second quarter."

Credit to: The Straits Time 11/8/2021

Acquisitions in Singapore's real estate market almost doubled to $6.4 billion, up 97 per cent from a year ago.. Read more at straitstimes.com.

04/08/2021

The latest Government Land Sale at Lentor Central was awarded to Guocoland with a winning bid of $1,204psf per-plot-ratio. This will translate to a breakeven price from $1900-$2000psf! The proposed scheme for the Lentor Central plot envisions a mixed-use, transit-oriented development of 25 storeys with around 600 residences. There will also be food-and-beverage and retail spaces, including a supermarket and childcare facilities.

With that being said, Forett at Bukit Timah, which is near to future Beauty World Integrated Transport Hub, freehold tenure, huge land size, low maintenance fee, in education belt, are still selling from $1900psf onwards! More than 72% sold till date, do not miss this boat to own a freehold property in the RCR.

THE Urban Redevelopment Authority (URA) on Thursday said it awarded the tender for Lentor Central site to GLL D Pte Ltd. This comes nearly a week after the tender closed with nine bids. Read more at The Business Times.

09/07/2021

HDB resale prices continue to rise month-on-month and Cash-Over-Valuation (COV) is the new norm now which indirectly seems like as though buyers are buying agent fee on behalf of sellers'. Not forgetting that HDB is restricted with Mortgage Servicing Ratio (MSR) which means that not more than 30% of your total income can be used to service your monthly installment and maximum loan tenure is only 25 years for a 75% bank loan.. For the same amount of cash+CPF monies outlay, one can easily afford to buy a private property.

Credit to: The Business Times

HDB resale prices rose 1.2 per cent in May 2021 from the previous month to remain on their upward trajectory for the eleventh straight month, according to flash data from real estate portal SRX Property released Thursday. Read more at The Business Times.

16/06/2021

Luxurious and spacious gym of 550sft in size, 2 Social Lounge to entertain your guests, 5 swimming pool to cater to residents staying in different blocks, lush landscape, sky terrace to star gaze or chill out, movie theatre, karaoke room, huge land size 360,000sft and most importantly, freehold and near Beauty World MRT, within 1km to good schools. More than 65% sold till date since 08/08/2020. Do not miss the rare opportunity to own a freehold condo with many positive attributes and sitting on a 3% paper gain!

24/04/2021

"A combination of strong domestic demand for private home ownership and the resurgence of foreign investment demand has pushed home prices higher last quarter."

Credit to: The Business Times 24/04/2021

PRICES of private residential properties across Singapore increased quarter on quarter by 3.3 per cent in Q1 2021, steeper than the 2.1 per cent growth in Q4 2020, according to final figures released by the Urban Redevelopment Authority on Friday. Read more at The Business Times.

01/04/2021

“Given the healthy demand for and the tight supply of OCR homes - and perhaps also the recovery in the HDB resale market - we should expect prices of mass-market private homes to stay relatively stable for a potential for a slight increase this year, barring any fresh cooling measure.”

Credit to: The Business Times 01/04/2021

BY AND large, Singaporeans' dream of owning and living in a private residential property remains very much intact despite the pandemic and economic downturn - as reflected by the healthy private new home sales in 2020. Read more at The Business Times.

12/03/2021

"Given the sustained demand for resale properties and the improved market sentiment, we expect resale prices to remain relatively stable, with a potential for a slight uptick this year."

Stocks for new launch is diminishing especially for good size freehold development which is under $2100PSF and within school zone and MRT.

Credit to: The Business Times 12/03/2021

Buyers may be considering resale condominiums as prices of new homes have been holding firm. . Read more at straitstimes.com.