Property Elites Clique

Name: Property Elites Clique
Address: 480 lorong 6 toa payoh, Singapore, 310480, SG
Telephone: +6581001648

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Property Elites Clique

Dear All,
We are a team of Professional Realtors who are actively involved in Landed Sales. Property company

With our consistent marketing campaign and proactive marketing strategy, we have a sizeable data base of available units in the market and serious buyers on hand.

01/10/2022

15-month wait-out period to moderate HDB resale flat demand, ensure affordability: Desmond Lee

Date: 30th September 2022
Source: The Business Times

The 15-month wait-out period imposed on current and former private property owners will moderate demand for Housing Board resale flats and keep them affordable, especially for first-time home buyers, said National Development Minister Desmond Lee. Read more at The Business Times.

01/10/2022

8M Real Estate buys island block of 5 shophouses in Jalan Besar for S$40m

"The 999-year leasehold property is connected via a covered walkway to an underground pedestrian link to the Jalan Besar MRT station"

Date: 30th September 2022
Source: The Business Times

SINGAPORE-BASED real estate investment company 8M Real Estate is buying an island block of 5 adjoining conserved shophouses along Jalan Besar, literally a stone’s throw from Jalan Besar MRT station, for S$40 million. Read more at The Business Times.

01/10/2022

Tighter loan limits could feed demand for smaller flats, raise rentals further, curb overall buying

"TIGHTER limits on property loans announced late last night will shrink homebuyers’ purchasing power and pinch on affordability, market analysts observed. And this could feed into greater demand for smaller flats – specifically resale 4-room Housing Development Board (HDB) flats – while also leading to higher rental rates and a slowdown in demand for private property."

Date: 30th September 2022
Source: The Business Times

TIGHTER limits on property loans announced late last night will shrink homebuyers’ purchasing power and pinch on affordability, market analysts observed. And this could feed into greater demand for smaller flats – specifically resale 4-room Housing Development Board (HDB) flats – while also le...

01/10/2022

Housing loan limits – including for HDB loans – tightened in fresh measures to cool property market

"Total Debt Servicing Ratio, Mortgage Servicing Ratio and Loan-To-Value limits hardened, 15-month wait-out period introduced for private property owners eyeing HDB resale flats"

Date: 30th September 2022
Source: The Business Times

FRESH measures to tighten limits on housing loans – including for public housing – will come into effect Friday (Sep 30), in a bid to ensure prudent borrowing and moderate demand, the government announced in a statement released late last night. Read more at The Business Times.

23/09/2022

Singapore core inflation increases to 5.1% in August on rise in food and services prices

Date: 23rd September 2022
Source: The Business Times

WITH Singapore’s core inflation climbing to yet another multi-year high of 5.1 per cent in August, officials now expect price increases to remain elevated in the months ahead, even as they stuck to their forecast ranges for the full year. Read more at The Business Times.

23/09/2022

Singapore overtakes Hong Kong in world financial centres ranking

Date: 23rd September 2022
Source: Yahoo Singapore

Singapore has overtaken Hong Kong to become Asia’s top financial centre — and the third in the world — according to a new report.

23/09/2022

Bagnall Court in Upper East Coast Road up for en bloc sale at S$125m

"The land rate is around S$$1,260 per square foot per plot ratio (psf ppr) after taking into account an estimated land premium for the state land. After including an additional 8 per cent bonus gross floor area, the land rate is around S$1,180 psf ppr. "

Date: 20th September 2022
Source: The Business Times

BAGNALL Court, a freehold condominium along Upper East Coast Road, has been put up for collective sale via tender with a guide price of S$125 million, sole marketing agent JLL said on Tuesday (Sep 20). Read more at The Business Times.

23/09/2022

New city-fringe condo prices climbing closer to those in central region

Date: 21st September 2022
Source: The Business Times

THE median price per square foot (psf) gap between new, non-landed homes in the Core Central Region (CCR) and those in the Rest of Central Region (RCR) narrowed to 14.9 per cent in August, after having done so to 25.07 per cent in April, Huttons Asia has said in a new report. Read more at The Busine...

20/09/2022

Cross Island Line phase 2 to open by 2032 with 6 MRT stations, from Turf City to Jurong Lake District

Date: 20th September 2022
Source: The Straits Times

The other stations on the 15km stretch are King Albert Park, Maju, Clementi and West Coast. Read more at straitstimes.com.

12/09/2022

Sky Eden, Lentor Modern will test market; CDL, GuocoLand among top property picks: DBS

"STRONG sales momentum for the latest 2 launches in the residential market — Sky Eden @ Bedok and Lentor Modern — will likely result in a further squeeze in supply and drive average pricing higher in H2 2022, albeit at a modest pace, said DBS in a report on Thursday (Sep 8).

The 2 developments will be looking to “test the market” with an indicative pricing of S$2,000 per square foot (psf) onwards. If and when achieved, this would set a new benchmark for projects in the Outside Central Region, the analysts said.

The target estimates have already been reached for Sky Eden, when developer Fraser Property announced early on Thursday that nearly 75 per cent of the 158-unit project has been sold with an average price of about S$2,100 psf."

Date: 8th September 2022
Source: The Business Times

STRONG sales momentum for the latest 2 launches in the residential market — Sky Eden @ Bedok and Lentor Modern — will likely result in a further squeeze in supply and drive average pricing higher in H2 2022, albeit at a modest pace, said DBS in a report on Thursday (Sep 8). Read more at The Busi...

12/09/2022

Frasers Property’s Sky Eden@Bedok 75% sold at S$2,100 psf average on launch day

"NEARLY 75 per cent or 118 of Sky Eden@Bedok’s 158 residential units have been sold at an average price of about S$2,100 per square foot (psf) on the first day of the property’s launch on Wednesday (Sep 7).

Pricing for the project was earlier estimated by the developer to start from S$1,937 psf."

Date: 8th September 2022
Source: The Business Times

NEARLY 75 per cent or 118 of Sky Eden@Bedok’s 158 residential units have been sold at an average price of about S$2,100 per square foot (psf) on the first day of the property’s launch on Wednesday (Sep 7). Read more at The Business Times.

07/09/2022

CK Asset to release 55 more units for sale at Perfect Ten; prices start at S$2.1m

Date: 7th September 2022
Source: The Business Times

CK Asset Holdings will launch 55 more units at its freehold, 230-unit residential project, Perfect Ten, on Saturday (Sep 10) under its latest phase of sales. Read more at The Business Times.

Address

480 Lorong 6 Toa Payoh
Singapore
310480

Telephone

+6581001648

Website

http://www.propertyelitesclique.com/

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