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Seantanproperty Welcome to Sean Tan page - Your one stop Singapore Property website to buy, sell and rent your properties in Singapapore.

22/01/2015

Discover Northpark Residences, the next icon of Yishun. Launching Soon. Call 90081185 for more details.

22/01/2015

Discover SIms Urban Oasis, the largest condominium development in Sims / Aljunied. Launching Soon. Call 90081185 for more details.

19/06/2014

Download Seantanproperty App to stay connected with him.

16/06/2014

PropertyGuru.com.sg A total of $55.1 million in extension fees were paid by developers due to remaining unsold units in private condo projects since 2012, revealed a study by OrangeTee Research.These companies could potentially shell out another $80.7 million to prolong the sales period by another year if they fail to move their unsold inventory by year-end.“As the penalty amounts to millions of dollars per project, we believe that it will incentivise some developers to reprice some of these projects to move sales in the near term,” according to Christine Li, Head of Research at OrangeTee.“As unsold inventory builds up, there will likely be more bargains in the market if developers want to avoid paying penalties to extend the sales period, especially high-end developers who have already paid premium prices for their lands,” she added.Under the law, all developers with non-Singaporean shareholders or directors are given five years to finish a residential project. After getting the Temporary Occupation Permits (TOPs), they are granted another two years to sell the units. But if they want to extend that by one year, they are required to pay eight percent of the land purchase price. Thereafter, they will have to fork out 16 percent for the second-year extension and 24 percent for three years and above. The fees are adjusted depending on the number of unsold units divided by the overall number.Despite obtaining their TOPs between 2010 and 2012, a total of 24 condominiums, mostly in the luxury segment, are still burdened by unsold inventory.To make matters worse, projects built on land purchased during the en bloc craze during 2006 to 2007 have just passed the seven-year mark. This means more extension charges will take effect, said experts.In Q1 2014, the Outside Central Region posted the highest number of unsold condos at 12,433 units, followed by the Core Central Region at 10,295 units, and the Rest of Central Region with 8,089 units.  Muneerah Bee, Senior Journalist at PropertyGuru, edited this story. To contact her about this or other stories email [email protected] Related Stories:Punggol condo close to selling outMalaysia in the Singapore spotlightSingapore buyers top in Dublin, 2nd in Paris

16/06/2014

PropertyGuru.com.sg Singapore’s residential sector is expected to witness an oversupply of private housing properties, with prices falling 20 percent by the end of 2015, on the back of an expected increase in interest rate along with peak supply, according to Barclays Research in media reports.The government has reduced private housing (including ECs) on the confirmed list for H2 2014 to about 3,900 units, down 15 percent from H1 2014 and 34 percent from last year.Majority of the supply is now accounted for by the reserve list, which has also been reduced and is unlikely to be triggered for sale if market conditions continue to decline.“We believe this as testament to the looming oversupply in 2015 to 2017 as the government reiterated the reduced future supply will be ‘added to the existing large pipeline supply of more than 90,000 private residential units (including ECs)’,” said Barclays.Going forward, Barclays expect vacancy rate to hit a record of 10 percent by end-2016. Muneerah Bee, Senior Journalist at PropertyGuru, edited this story. To contact her about this or other stories email [email protected] Related Stories:Two luxury projects compete for buyersSecond Hougang HUDC privatisedCourt annuls loan to remove caveat on $2 million home

*********Vue 8 Residence******************Star Buy**********1) 3bdrm 1033sqft  #04-31 $896,888 ($868psf)-- SOLD2) 3bdrm ...
10/05/2014

*********Vue 8 Residence*********
*********Star Buy**********

1) 3bdrm 1033sqft #04-31 $896,888 ($868psf)-- SOLD

2) 3bdrm 1044sqft #02-24 $915,888 ($877psf)

3) 3bdrm 1044sqft #02-14 $901,888 ($864psf)

4) 3bdrm 1044sqft #03-31 $896,888 ($859psf) --SOLD

5) 3bdrm 1033sqft #03-14 $905,888 ($877psf) --SOLD

6) 3bdrm 1044sqft #03-26 $921,000 ($882psf)

7) 4bdrm 1345sqft #04-05 $1,185,000 ($881psf)-- SOLD

8) 4bdrm 1345sqft #04-09 $1,198,800 ($891psf)--SOLD

9) 4bdrm 1345sqft #03-09 $$1,186,888 ($882psf)

10) 4bdrm 1345sqft #03-21 $1,182,888($879psf)

11) 4bdrm 1345sqft #03-25 $1,179,560($877psf)

Terms and Conditions Apply

You may download Vue 8 Residence App to have access to the ebrochure, floor plans, star buy units and showflat virtual tour etc.

Apple Appstore - http://goo.gl/VCWeoJ
Google Playstore - http://goo.gl/UBu7d7

For more info:
Sean Tan @ 90081185
http://www.vue8residencessingapore.com/
VUE8 Residence @ Pasir Ris -
www.vue8residencessingapore.com
— at VUE 8 Residence at Pasir Ris - District 18.

Discover VUE 8 Residence at Pasir Ris Singapore. Call VUE 8 Residence Sales Hotline @ 9008 1185 for your enquiry.

Be the first few to see my personal App for my Property Business. Download from Google Play NOW!!!Currently only availab...
07/05/2014

Be the first few to see my personal App for my Property Business. Download from Google Play NOW!!!

Currently only available for Android Phone but Watch out for the Apple Apps Store Version. Launching Soon!!!

Download Vue 8 Residence App on Google Play NOW!!!Gain access to the latest information of the project such as star buys...
04/05/2014

Download Vue 8 Residence App on Google Play NOW!!!

Gain access to the latest information of the project such as star buys, project details, site plan, location plan, floor plan, available units, showflat virtual tours and prices to facilitate your decision in the purchase.

Watch out for the Apple Apps Store Version. Launching Soon!!!

If you are looking to upgrade from your HDB or buying your first property with your family but think that private condos...
24/04/2014

If you are looking to upgrade from your HDB or buying your first property with your family but think that private condos may be a bit pricy for you, EC is a very good alternative. Its like buying a Lexus with the Toyota price as someone once said.

The Executive Condominium (EC) Housing Scheme is designed to help Singaporeans (earning up to $12,000 per month) own a private condo at way below market price. This is achieved through several sale...

Did you missed out our CEO Mr Ismail Gafoor property talk at VUE 8 last month? Due to the overwhelming response from the...
04/04/2014

Did you missed out our CEO Mr Ismail Gafoor property talk at VUE 8 last month?

Due to the overwhelming response from the public, we are running not one but two more round of property talk at VUE 8 by the CEO of PropNex, Mr Mohd Ismail Gafoor and KEO of PropNex, Mr Lim Yong Hock on the 25 May and 19 April 2014 respectively.

Please see the respective Banners for details or Call me @ 90081185 for more info.

Visit www.vue8residencessingapore.com for more project info.
P.S: Cobroke agents are welcome to bring your clients. :)

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