Make A Smart Move

08/03/2022

*Latest land parcel bidded at Dairy Farm Walk*
(Article: https://www.edgeprop.sg/property-news/sim-lian-group-top-bidder-dairy-farm-walk-gls-site-980-psf-ppr)

Sim Lian bidded the land parcel at $980psf.
"With the land rate of $980 psf ppr, the new condo project at the Dairy Farm Walk residential site could be launched at $1,880 to $1,980 psf, Mak estimates."

As a reference, Dairy Farm Residences was bidded at $830psf.

We are left with last 10 units at Dairy Farm Residences, starting from $17xx psf for a 721sqft (2 bed 2 bath) unit, and last 35 units at Midwood, starting from $16xx psf for a 990sqft (3 bedroom) unit.

Supply in the West is running low. How will this impact buyers/sellers? Reach out to me to speak more 🙋‍♀️

With GLS site at Dairy Farm Walk achieving a land rate of $980 psf ppr, the new 99-year leasehold condo expected to be launched at prices the range of $1,880 psf to $1,980 psf

27/02/2022

🏠Genuine 1+S subsale @ Affinity at Serangoon🏠

- 614 sqft
- Corridor-less layout
- High Floor
- Study usable as 2nd bedroom (8sqm)
- Good capital appreciation potential

🔥 Asking only $1.088m slight nego 🔥

Reach out to me to find out more details!

15/12/2021

*LATEST NEWS*

1. Additional Buyers' Stamp Duty (ABSD) raised
2. Tightened Total Debt Servicing Ratio (TDSR) threshold
3. Reduced Loan-to-Value limit for HDB granted loans

https://www.mnd.gov.sg/newsroom/press-releases/view/measures-to-cool-the-property-market

08/11/2021

80% secured in just 6 months. Looking forward to see the final bid!

The asking price translates to a land rate of $1,293 per square foot per plot ratio.. Read more at straitstimes.com.

27/10/2021

PRIME LOCATION PUBLIC HOUSING (PLH)

1. 10-year minimum occupation period (MOP)

2. Additional subsidies will be clawed back by the Government upon their resale.
Flat owners will pay a percentage of the resale price to HDB when they resell their home on the open market for the first time.

3. Owners will also not be allowed to rent out their whole flat at any point in time, even after the MOP is over.

4. The pool of resale buyers of these prime HDB flats will be limited to households who earn not more than $14,000/mth and at least one applicant must be Singapore Citizen.

5. Fewer flats may be set aside under HDB's Married Child Priority Scheme.

Resale buyers of these flats must have a monthly household income of not more than $14,000, among other criteria.. Read more at straitstimes.com.

21/10/2021

Owners of Lakepoint Condominium will be launching their development for collective sale on Oct 21 at a guide price of $640 million

05/10/2021

Another en-bloc on the way!

The indicative price of $938 mil translates to $1,042 psf per plot ratio.

01/10/2021

"Currently, prices have already surpassed the peak in the second quarter of 2013 (price index 149.4) by 0.7 per cent."

SINGAPORE: Resale prices in the public housing market are at an all-time high after rising 2.7 per cent in the third quarter of 2021, according to flash estimates released by the Housing and Development Board (HDB) on Friday (Oct 1). The resale price index, which provi

01/10/2021

Officially 5 years with PropNex Singapore , and received my 5-year Ambassador Award 🧚
5 years aint a long period in this industry, yet at the same time, so much has changed from 2016 - 2021. What a fruitful journey it has been. 🥰
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[LONG-WINDED CAPTION AHEAD]
I made the decision to join the industry back in 2015, went ahead for the course and took the exams on my own - without speaking to anyone in the industry to find out more beforehand. I have always been interested in real estate, so I went for it. Successfully passed my exams and stepped into the industry.
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For the first 3+ years, I was only managing this as my part-time job. I only made the decision to come into it full-time towards the end of 2019, and soon, COVID hit. I spent the first 2 months of 2020 feeling lost because all I had in mind was, "Walao, I decided to go into this full-time then now COVID so jialat, how?!? So much uncertainty??? Will property be affected significantly? How? Should I drop the idea of going into this full-time?"
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I took the leap of faith to go ahead with my decision. With superb trainings provided by my company and leaders from PropNex Singapore, I was well-equipped with the important skill sets to bring myself forward and be ever-ready for my tasks on hand. I will be honest - til date, I am still learning. This is truly a never-ending learning journey. Each day, I learn new things - market related information, understanding human relationships, finding out new things about myself, etc.
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Through the tears and pain of terrible encounters, and the joy of watching clients secure their dream home, I witnessed my personal growth and am proud of it. Make A Smart Move - I did!
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Most of all, I am extremely thankful for the guidance and support that I have received along this journey, from mentors, clients and colleagues. 🙏
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The past few months have been extremely busy but fulfillling. Thankful for the momentum built! I will continue to work hard and value-add. 💪

28/09/2021

"EL Development topped the bids for Slim Barracks Rise (Parcel A) with a bid price of $320.1 million or $1,246 psf per plot ratio (ppr). Meanwhile, Kingsford Development, which submitted its bid under director and shareholder’s name, Gao Xiuhua, emerged the highest bidder at $162.388 million ($1,210 psf ppr) for the adjacent site at Parcel B.

The top bids for Parcel A and B were 24.5% and 20.8% higher than the $1,001 psf ppr bid submitted by developer TID, a joint venture between Hong Leong Holdings and Mitsui Fudosan, for the neighbouring site at One-North Gateway in 2019. The project was launched as the 165-unit One-North Eden in April 2021. On the first weekend of launch, 85% of the units were sold at a median price of $2,009 psf."

EL Development topped the bids for Slim Barracks Rise (Parcel A) with a bid price of $320.1 million or $1,246 psf ppr, while Kingsford emerged the highest bidder at $162.388 million ($1,210 psf ppr) for the adjacent site at Parcel B.

17/09/2021

“While there were just a few developments where owners were exploring a collective sale last year, the number has picked up significantly this year,”

With limited government land sales, developers are prepared to look at collective sales once again. Which projects are attempting a collective sale?

16/09/2021

"With strengthening sales from new developments in the Bukit Timah precinct achieving new levels, keen competitions from developers to bid well above the owners’ minimum price are expected,”

The price translates to a unit land rate of approximately $1,622 psf per plot ratio.