Mavis Leng Property

26/03/2020

As more cities and countries get locked down to stem the spread of Covid-19, anecdotal evidence is that some wealthy individuals see Singapore as a safe haven — certainly one that is worth flying into Seletar Airport on a private jet, even if it means a 14-day self-quarantine upon arrival.

The world is in turmoil with lockdowns and heightened travel restrictions. Things are likely to worsen in the short term, but Singapore’s handling of the outbreak makes it look like a ‘safe haven’

25/03/2020

The US Fed Reserve moved to lower interest rates to zero, in what was the largest single-day rate cut since the Global Financial Crisis (GFC).

If interbank interest rates in Singapore were to decline in tandem, then Singapore banks may find themselves lending out money at lower interest rates (read: that’s cheaper housing loans for you).

The US Fed Reserve moved to lower interest rates to zero overnight, in what was the largest single-day rate cut since the Global Financial Crisis.

22/03/2020

Chinese buyers are a big deal for the Singapore property market. Like it or not, our property market is surprisingly dependent on foreign buyers, especially buyers from Mainland China.

We already know the impact of Covid-19 on Chinese buyers in the Singapore property market. Find out what the numbers are and what they mean.

17/03/2020

Don’t do it.

Don’t buy that $900,000 HDB flat.

It will be a disaster for you.

I know some of you guys will be triggered when reading this article, but you need to hear this. Don’t do it. Don’t buy that $900,000 HDB flat. It will be a disaster for you. Okay, first of all, imma assume you are young and middle class, trying to buy the most expensive home you...

16/03/2020

The early part of 2020 is proving to be a little more eventful than usual, as the outbreak of the Covid-19 coronavirus drives widespread disruption to economic activity and investor confidence. Already, there is obvious economic impact across Asia, with temporary factory, office and school closures.

The property sector remains relatively attractive, with risk-adjusted returns that compare well to other asset classes, especially in a world with moderating returns expectation, says BlackRock

07/03/2020

https://www.businesstimes.com.sg/real-estate/singapore-budget-2020/absd-govt-to-take-case-by-case-approach-for-troubled-projects

IN response to requests by the construction industry to consider extending the additional buyer's stamp duty (ABSD) timeline from five years to six, Minister of State for National Development and Manpower Zaqy Mohamad on Wednesday said that the government will adopt a case-by-case approach for proje...

27/02/2020

Singapore’s largest listed real estate agency, PropNex, has appointed Priveen Raj Naidu as its chief commercial officer. Naidu will merge real estate and consumer insights to take PropNex from a property brand to a lifestyle one. He is also responsible for developing higher efficiency of business units, while elevating the overall consumer experience with the brand in order to drive business growth and increase market share.

The newly-carved-out role at PropNex will see Naidu responsible for commercial strategy and development, to drive business growth and increase market share.

21/02/2020

Big projects or small developments? Which is better? Here are some general considerations:

What matters more, size or how it's used? We're talking about condo developments of course. Here's what to consider:

03/02/2020

❄️ Parc Canberra ❄️

First EC in 2020 is finally here!! Best for young couples & HDB Upgraders!

⭐️Long Awaited New EC launch in the north!⭐️

❌ No ABSD
✅ Up to $30,000 grant
✅ 3mins walk to Canberra MRT
✅ New Canberra plaza opening in 2020
✅ By renowned developer - Hoi Hup Sunway Canberra Pte Ltd
✅ Upcoming North South Corridor Expressway
✅ Bukit Canberra set to open progressively from Sep 2020 onwards
🔆 Polyclinic
🔆 Largest Active SG Gym
🔆 Hawker Centre
✅ Total Units: 496 units
✅ Unit Types: 2+S to 5-bedrooms

🔥 *HOT FROM THE OVEN!!!* 🔥
*UNBELIEVABLE PRICE* ‼️

*Parc Canberra Price Range:*
🔴 23% below 1mil
🔴 73% below 1.1mil

▶️ *3-Bedroom (C1-C3)*
$855k-$1.068m
▶️ *3-Bedroom (C4-C8)*
$958k-$1.152m
▶️ *4-Bedroom (D1-D2)*
$1.21m-$1.345m
▶️ *5-Bedroom (E1)*
$1.49m-$1.568m
▶️ *Penthouse*
Approx additional $50k (4.5m ceiling height)

Showroom opens!
📆 1st to 10th Feb 2020
11am to 7pm

Contact Mavis for EC details
☎️ HP: 8338 6308

03/02/2020

His Choa Chu Kang flat will reach the five-year minimum occupation period (MOP) only in a few months from now, but chief engineer Haikal Aziz has already engaged a property agent to suss out potential buyers. Mr Haikal, 32, wants to upgrade to an executive flat nearby to cater to his family's growing needs...

12/11/2019

A FORMER board member of Xiaomi Corporation is paying S$31.5 million for an old bungalow along Tanglin Hill in the Ridley Park Good Class Bungalow (GCB) Area. The bungalow, which is not much to look at, is over 30 years old. The price works out to S$1,915 per square foot on the freehold land area of 16,446 sq ft.

A FORMER board member of Xiaomi Corporation is paying S$31.5 million for an old bungalow along Tanglin Hill in the Ridley Park Good Class Bungalow (GCB) Area. Read more at The Business Times.