Sybil & Odelia Property

26/05/2020

Prices for upcoming Housing Board (HDB) flats and private properties will likely remain the same despite an inevitable hike in construction costs, said property analysts.

Developers may absorb the additional costs or get contractors down the line to do so, instead of raising property prices, as buyers have the upper hand in a weak economy.

22/05/2020

The seller of a unit at Leighwoods, along Mount Sinai Rise, made the top gain of $1.9 million over the week of May 5 to 12. The 2,217 sq ft unit on the second floor was bought for $980,000 ($442 psf) in September 2005 and sold for $2.89 million ($1,299 psf) on May 11. The seller therefore made a 194% profit, or an annualised profit of 8% over almost 15 years.

The seller of a unit at Leighwoods, along Mount Sinai Rise, made the top gain of $1.9 million over the week of May 5 to 12

15/05/2020

“The private residential market is expected to pick up after the government’s “circuit breaker” measures end on June 1, and the rally could be similar to the post-H1N1 situation”

Covid-19 has sent the private home market into a ‘pause’ mode, especially with the movement controls

07/05/2020

Singaporean married couples who bought a second residential property will now have one year instead of six months to sell their first residential property in order to get a remission of the Additional Buyer’s Stamp Duty (ABSD).

SINGAPORE — Singaporean married couples who bought a second residential property will now have one year instead of six months to sell their first residential property in order to get a remission of the Additional Buyer’s Stamp Duty (ABSD).

22/04/2020

THE quiet rental market for private condominiums and apartments as well as Housing and Development Board (HDB) flats saw a sudden surge in demand last month.

10/04/2020

THE Covid-19 outbreak and economic slowdown have started to bite; the Urban Redevelopment Authority's flash estimates for the first quarter shows its benchmark overall private home price index shrank 1.2 per cent over the previous quarter.

Analysts expect private home prices to continue heading south, to the tune of up to 8 per cent for the whole year. However, they are not predicting a steep fall like the 24.9 per cent slide over four quarters during the Global Financial Crisis.

10/01/2020

The property market in 2020 is different from anything we’ve seen in the past decade. The same en-bloc fever that caused the supply glut is also preventing prices from plummeting. Given the economic situation, is 2020 the right year to “go private”? The answer gets complicated..

2020 is shaping up to be a difficult and unpredictable year; if you're thinking of buying private property in this time, here's what to know:

07/01/2020

☀️ *_Parc Canberra EC_* ☀️
💁🏻‍♀Long awaited new EC in the North by HoiHup Realty and Sunway Group! 🌈 ‼️
Parc Canberra is the only EC launch near to MRT (350m away) for the last few years (2017-2020)😎
🚇Brand new MRT open in 2019
🏥 Polyclinic
🏋🏻‍♂ Largest Active SG gym
🚗 New north south corridor expressway

Call me now for advance project information!

Hoi Hup Sunway makes paradise-living a reality by offering an Aussie-inspired home a stone’s throw from Canberra MRT.

02/01/2020

The prices of Housing Board (HDB) resale flats rose by 0.4 per cent in the last three months of 2019 as compared with the third quarter, in what was the largest quarter-on-quarter increase last year, latest public housing figures show.

SINGAPORE - The prices of Housing Board (HDB) resale flats rose by 0.4 per cent in the last three months of 2019 as compared with the third quarter, in what was the largest quarter-on-quarter increase last year, latest public housing figures show.. Read more at straitstimes.com.

17/12/2019

Is the oversupply in Singapore's private property market easing?
SINGAPORE'S private housing market is poised for modest price growth next year, amid a resilient leasing market. However, developers are expected to continue being challenged by the significant supply of unsold private housing units in the pipeline although, by some estimates, the oversupply could ease by the end of 2021.

Read more at The Business Times.

14/12/2019

CDL chief calls for easing of property curbs:
ABSD timeline for building and selling projects should be lengthened to seven or even 10 years to prevent current supply glut from worsening, he says