Michael Jauw Properties

16/11/2018

The month of October is over and the results are in! Surprised at the statistics? Let's talk about it!

16/11/2018

Being recognised as one of the Top 100 in a well established Real Estate Agency of more than 6,000 agents is truly an honour. I would like to take this opportunity to really thank each of my friends, clients, as well as business partners who have really supported me through the course of my career.

The road leading to this has certainly not been an easy one, but I personally still believe that with sincere, sound financial advice and insights, one can definitely establish a trust that is hard to break, ensuring success in this field of Real Estate. I sure hope that I will continue to be of help to my friends here looking to buy or sell their property!

19/10/2017

This is very good news for those looking to buy or sell their current HDB flats! With waiting time shortened by up to 8 weeks, buyers and sellers will have more timeline options when they are looking for their next upgrade property!

The Housing & Development Board will be rolling out a new portal which will make it faster and more convenient for those who intend to buy or sell their HDB flats. To be launched in 2018, the HDB Resale Portal can potentially halve the transaction time from 16 weeks to 8 weeks, and reduce the number of HDB appointments from two to one. Check out my latest blog post for more details.

https://mndsingapore.wordpress.com/2017/10/19/faster-and-easier-hdb-resale-transactions/

04/08/2017

District 2 has always been a popular choice amongst investors due to their high rental demand and yield. Watch this video in Full HD to feel how nice it is to be living in the tallest condominium in Singapore!

20/07/2017

HDB just announced today there will be a shorter waiting time for a thousand new BTO flats in Sembawang, Yishun & Sengkang! It will be cut short from the usual 3-4 years down to 2.5 years. However, these flats will be priced at a slight premium. Will they be worth it in the long run? Or would you be better off getting a resale flat paying almost the same premium?

11/07/2017

Earlier this year, Singapore Budget 2017 has announced extra CPF Housing Grants of up to $20,000 more for 1ST TIME applicants purchasing HDB RESALE FLATS.

This is on top of the existing PROXIMITY HOUSING GRANTS and ADDITIONAL HOUSING GRANTS already existing.

In addition, smaller resale flats benefit from more housing grants.

30/06/2017

URA has just announced today that they have revised the minimum stay period of 6 months for private residential properties to 3 months! This means there will be more flexibility for homeowners to rent out their apartments to short term guests.

However, homes rented through home-sharing platforms are still "disallowed".

https://www.ura.gov.sg/uol/media-room/news/2017/Jun/pr17-44

27/06/2017

Thinking of skipping the current existing supply in the market and wait out for the upcoming launches? Here, we shall take a look deeper into the crystal ball for the year 2018 and what it is going to bring us.

1. Martin Modern (GuocoLand) @ Martin Place / River Valley
Price Purchased: $1,239/psfppr
Analyst’s Projected Selling Price: $2,000-$2,200/psf Average
http://www.asiaone.com/business/did-guocoland-overpay-martin-place-site

2. Harbour View Gardens (En-bloc by Roxy) @ Pasir Panjang Road near Haw Par Villa MRT
Price Purchased: $772/psfppr
Analyst’s Projected Selling Price: $1,600/psf Approximate Average
http://www.straitstimes.com/business/property/harbour-view-gardens-up-for-collective-sale

3. Raintree Gardens (En-bloc by UOL) @ Potong Pasir Ave 1 along Sungei Kallang
Price Purchased: $797/psfppr
Analyst’s Projected Selling Price: TBC
http://sbr.com.sg/residential-property/news/uol-likely-turn-raintree-gardens-600-750-unit-condo-project

4. Central Boulevard (IOI) @ Between Marina Bay Suites & Asia Square Towers
Price Purchased: $1,689/psfppr
Analyst’s Projected Selling Price: $3,000-$3,100/psf Average
http://www.businesstimes.com.sg/real-estate/ioi-surprises-market-with-record-land-bid

5. 3 Cuscaden Walk (En-bloc by Sustain Land) @ Diagonally Opposite Wheelock Place
Price Purchased: $1,826/psfppr
Analyst’s Projected Selling Price: TBC
http://www.straitstimes.com/business/property/3-prime-freehold-buildings-sold-for-1905m

6. 120 Grange Road (En-Bloc by Roxy) @ Grange Road and One Tree Hill
Price Purchased: $1,464/psfppr
Analyst’s Projected Selling Price: TBC
http://www.straitstimes.com/business/property/3-prime-freehold-buildings-sold-for-1905m

7. 8 Hullet Road (En-Bloc by Lian Huat) @ Hullet Road opposite entrance to Saunders Road
Price Purchased: $2,073/psfppr
Analyst’s Projected Selling Price: TBC
http://www.straitstimes.com/business/property/3-prime-freehold-buildings-sold-for-1905m

8. Margaret Drive (MCL) @ Between Queensway Secondary School & The Fisherman of Christ Fellowship
Price Purchased: $998/psfppr
Analyst’s Projected Selling Price: $1,920/psf Approximate Average
http://www.straitstimes.com/business/developers-bid-big-for-margaret-drive-site

9. Perumal Road (Low Keng Huat) @ Beside Sri Srinivasa Perumal Temple
Price Purchased: $1,001/psfppr
Analyst’s Projected Selling Price: $1,700/psf Approximate Average
http://www.straitstimes.com/business/property/bullish-bids-in-perumal-road-land-tender

10. Amber Road (En-bloc by UOL) @ Current Ban Nee Chen Landscaping & Nursery
Price Purchased: $1,063/psfppr
Analyst’s Projected Selling Price: TBC
http://www.straitstimes.com/business/uol-buys-amber-road-site-for-156m

11. West Coast Vale (China Construction) @ Right beside current Parc Riviera Site
Price Purchased: $592/psfppr
Analyst’s Projected Selling Price: Approximately 7% higher than Parc Riviera
http://www.straitstimes.com/business/property/west-coast-vale-site-draws-top-bid-of-292m

12. Toh Tuck Road (SP Setia) @ Between The Creek & High Oak Condominium
Price Purchased: $939/psfppr
Analyst’s Projected Selling Price: TBC
http://www.straitstimes.com/business/property/toh-tuck-site-draws-record-24-bids-265m-offer

13. One Tree Hill Gardens (En-Bloc by Lum Chang) @ One Tree Hill further in from Rainbow Mansions
Price Purchased: $1,664/psfppr
Analyst’s Projected Selling Price: TBC
http://www.straitstimes.com/business/property/one-tree-hill-gardens-sold-for-65m-in-first-collective-sale-this-year

14. Tampines Parcel C (CDL) @ Between Alps Residences & Santorini near Temasek Polytechnic
Price Purchased: $565/psfppr
Analyst’s Projected Selling Price: Approximately 17% higher than Alps Residences
http://www.propertyguru.com.sg/property-management-news/2017/4/151333/cdl-unit-submits-top-bid-for-tampines-site

15. Stirling Road (Nanshan & Logan) @ Between Stirling Road & Angora Close
Price Purchased: $1,051/psfppr
Analyst’s Projected Selling Price: Above $1,700/psf Average
http://www.businesstimes.com.sg/real-estate/china-group-beats-forecasts-with-record-s1b-bid-for-gls-site

16. Rio Casa (En-bloc by Oxley - Lian Beng) @ Hougang Ave 7 along Sungei Serangoon
Price Purchased: $706/psfppr
Analyst’s Projected Selling Price: TBC
https://www.theedgeproperty.com.sg/content/rio-casa-sold-oxley-lian-beng-venture-575-mil

17. Goh & Goh Building (En-bloc by BBR) @ Right beside Beauty World MRT
Price Purchased: TBC
Analyst’s Projected Selling Price: TBC
http://www.straitstimes.com/business/property/goh-goh-building-next-to-beauty-world-mrt-station-sold-for-s1015-million

18. Eunosville (En-bloc by MCL) @ Along Sims Drive opposite Eunos MRT Station
Price Purchased: $909/psfppr
Analyst’s Projected Selling Price: TBC
http://www.businesstimes.com.sg/real-estate/mcl-land-bags-eunosville-for-s766m-boosting-ytd-en-bloc-sales-to-s15b

19. Lorong 1 Realty Park (Fantasia) @ Junction of Hougang Ave 2 & Upper Serangoon Road
Price Purchased: $526/psfppr
Analyst’s Projected Selling Price: TBC
http://www.straitstimes.com/business/property/lorong-1-realty-park-landed-housing-site-draws-top-bid-of-s758-million

20. Upper Serangoon Road (SPH & Kajima) @ Between Woodleigh MRT Station & Alkaff Lake
Price Purchased: $1,181/psfppr
Analyst’s Projected Selling Price: Above $1,700/psf Average
https://www.theedgeproperty.com.sg/content/sph-places-top-bid-1132-mil-upper-serangoon-road-site

In conclusion, all 20 of the new sites mentioned above are priced 7-20% higher than current existing supply based on the land purchase price itself. If you wish to find out what are the current stock left in the market, please push the CALL NOW button on my page, or send a text or whatsapp over to 85005045 and we can have a non-obligatory discussion. : )

I hope the above research has given you more insight on what is to come for the local real estate market!

21/06/2017

Ever wondered what are the new projects that you look at under a certain price point? Here's a run-down of the modestly priced private condominiums here in Singapore purchased directly from developers.

1 Bedroom priced under $800K
- Queens Peak @ Queenstown MRT
- The Brooks I & The Brooks II @ Sembawang
- Hillion Residences @ Bukit Panjang
- Thomson Impressions @ Sin Ming

2 Bedrooms priced under $950K
- E Maison @ Braddell / Woodleigh / Upper Serangoon
- The Brooks I & The Brooks II @ Sembawang
- Riversails @ Upper Serangoon Crescent / Hougang
- R Maison @ Braddell / Woodleigh / Upper Serangoon
- The Santorini @ Tampines / Temasek Polytechnic
- North Park Residences @ Yishun Central
- Adana @ Thomson
- Alps Residences @ Tampines / Temasek Polytechnic
- Kingsford Waterbay @ Upper Serangoon View / Hougang

3 Bedrooms priced under $1.2mil
- TRE Residences @ Aljunied MRT
- Riversails @ Upper Serangoon Crescent / Hougang
- Coco Palms @ Pasir Ris
- The Santorini @ Tampines / Temasek Polytechnic
- Symphony Suites @ Yishun
- Singa Hills @ Bedok Reservoir / Eunos
- Alps Residences @ Tampines / Temasek Polytechnic
- Kingsford Waterbay @ Upper Serangoon View / Hougang

Hope this list will be of help to some of you guys! 😊