Watten House

28/07/2023

Inflation in Singapore cooled for a second straight month as prices of food, services and private transport rose at a slower pace, prompting the Government to lower its forecast for overall inflation for 2023.

If the trend lasts, private economists, who say the moderation is expected, believe that core inflation could go down to 3 per cent or lower for the full year.

19/02/2023

LOCATION matters. Homes in prime districts cost more than those in non-prime districts. Many home buyers here value proximity to an MRT station. Homes that are near MRT stations fetch higher prices. And homes that are linked to a station, such that one can walk easily to the station and not get wet when it rains, draw a higher premium.

07/02/2022

The prime freehold site is located in the exclusive residential enclave at Watten Rise, which is within 1 km of 2 prestigious primary schools, Nanyang Primary and Raffles Girls' Primary schools.

UOL Group and Singapore Land Group (SingLand) have clinched a tender to purchase Watten Estate Condominium (WEC) in what may be the biggest collective sale in Singapore's residential market so far this year. Read more at The Business Times.

07/02/2022

A joint venture between UOL Group and Singapore Land Group (SingLand) won the tender for Watten Estate Condominium in Bukit Timah with a $550.8 million bid.

The Shelford Road property is located in the prime residential enclave at Watten Rise, which is within 1km of two popular primary schools: Nanyang Primary School and Raffles Girls' Primary School.

It is also about 650m away from Tan Kah Kee MRT station. In its vicinity are Coronation Shopping Plaza, King's Arcade Shopping Centre, Crown Centre, Serene Centre, Cluny Court and Adam Road Food Centre.

The property can be redeveloped into 286 units based on the mandatory minimum average size of 100 sq m, said JLL.

Spanning 220,241 sq ft, the site is zoned residential with a gross plot ratio of 1.4 and an allowable height of up to five storeys.

If successful, it will be Singapore's biggest residential collective sale by quantum to date this year. . Read more at straitstimes.com.

26/10/2019

SINGAPORE'S benchmark private residential property price index rose 1.3 per cent in the third quarter of 2019 over the second quarter, faster than the 0.9 per cent increase shown in the flash estimate released on Oct 1, according to the latest data from the Urban Redevelopment Authority (URA) on Friday. Giving a breakdown by region, URA said that prices of non-landed homes in the prime areas or core central region (CCR) went up 2.0 per cent after rising 2.3 per cent in the previous quarter.

SINGAPORE'S benchmark private residential property price index rose 1.3 per cent in the third quarter of 2019 over the second quarter, faster than the 0.9 per cent increase shown in the flash estimate released on Oct 1, according to the latest data from the Urban Redevelopment Authority (URA) on Fri...

03/09/2019

Singaporeans Have a New Issue to Fight About: Greater Southern Waterfront HDB Flats!

Is it fair for people to get flats along the Greater Southern Waterfront? We're already starting to hear some grumbling:

26/08/2019

DEVELOPERS' overall housing sales volume for July 2019 was their highest in 12 months. New projects have also been launched this year at relatively high prices for their respective locations. These trends are likely to persist in the near term as developers keep rolling out new launches to rise on the upswing in home buying momentum. This has led some to to wonder whether a fresh round of property coooling measures could be coming ..

14/08/2019

RESALE prices of condominium units in Singapore dipped again in July for the second consecutive month, while volume of sales surged by almost one-third, according to monthly figures from real estate portal SRX Property released on Wednesday.

RESALE prices of condominium units in Singapore dipped again in July for the second consecutive month, while volume of sales surged by almost one-third, according to monthly figures from real estate portal SRX Property released on Wednesday. Read more at The Business Times.

12/08/2019

Peter Tay is often known as the “interior designer to the stars”. His name is linked to celebrity clients such as Chinese-American singer Wang Leehom, whose home in Taipei he designed and completed last year. Tay is now designing a new music and film studio for Wang, which is scheduled to be completed by the end of the month.

The celebrity designer is sought-after by the glitterati, tycoons and top developers but he takes time to pause and reflect on his life and works

06/08/2019

Prices of private residential properties staged a remarkable turnaround in the second quarter of 2019, rising 1.5 per cent quarter-on-quarter to hit a five-year high.
What may have caused this increase? Has there been a change in fundamentals in the property market? Let’s sieve out the noise and focus on three angles: Policy, demand and supply.

Prices of private residential properties staged a remarkable turnaround in the second quarter of 2019, rising 1.5 per cent quarter-on-quarter to hit a five-year high. What may have caused this increase? Has there been a change in fundamentals in the property market? Let’s sieve out the noise and f...

05/08/2019

Private home prices have recorded their first quarterly increase since property cooling measures were introduced last July. Values rebounded 1.5 per cent in the second quarter over the same period last year, following a 0.7 per cent decline in the first quarter. The increase was driven in part by more expensive land costs, which in turn translated to higher launch prices, particularly in the city fringe area. This zone, often called the rest of central region, was the standout, with a 3.5 per cent quarter-on-quarter rise in prices.

05/08/2019

Originally a major sand quarry in the early to mid-1900s before becoming an agricultural area and eventually today’s HDB estate, Potong Pasir literally means “cut sand” in Malay. When one visits the housing estate now, it is hard to imagine the Potong Pasir of old. Comprising low-lying plains and ponds linked to the Kallang River – one of Singapore’s main drainage channels – Potong Pasir suffered regular floods in the past. It was a major issue which plagued residents, notably during the notorious floods of 1969 and 1978, when the town was submerged in up to 30cm of water and only the zinc and attap roofs were visible.