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A total of 8,940 flats were launched by HDB under the build-to-order (BTO) and sale of balance flats (SBF) exercise in May, with one-quarter of the BTO flats located in the popular mature estates of Ang Mo Kio and Bedok. Property experts are already expecting the BTO flats in these mature estates to be in high demand in this sales exercise for which application closes on May 30.
Shun Tak Holdings, a company founded by gambling billionaire Stanley Ho, has made its first foray into the Singapore property market. It is paying $145 million for 9 Cuscaden Road, a bungalow put up for sale by the descendants of famous philanthropist Tan Tock Seng. The sum, one of the highest ever paid for a landed house, works out to about $2,145 per sq ft per plot ratio for a hotel redevelopme
60 units of private condominium project Stars of Kovan have been at an average price of S$1,408 per square foot - lower than the average pricing that it had indicated ahead of the VIP pre-sale over the weekend. The one-bedroom to three-bedroom units ranged between S$1,227 and S$1,554 psf. The Stars of Kovan units were priced from S$666,400 to S$1,412,600.
IN what could be the first in recent years, developers of an upcoming private condominium project have released the full price list one week ahead of launch and is making a commitment to stick by that price list. GEM Residences, a 99-year leasehold project in Toa Payoh jointly developed by Gamuda, Evia Real Estate and Maxdin Pte Ltd, will go on sale at an average S$1,426 per square foot (psf), lo
The latest figure is a three-year record since the last high of 726 units in May 2013. This was 28.1 per cent higher compared with April last year, and the highest since 726 units were resold in May 2013. But resale volume was still far lower compared with earlier peaks. For example, 2,050 units were resold in April 2010.
And who underpaid for their homes? Buyers in District 22 (Jurong) with the lowest Median TOX of ($25,000)This means that buyers in District 20 purchased units below market X-Value.
25 May 2016
Who overpaid for their homes? Buyers in District 20 (Bishan, Ang Mo Kio) with highest Median TOX of $24,000. They purchased units above the market X-Value.
24 May 2016
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Take a quick look at The Interlace, 2015 Building of the Year. Then, we report Singapore's private condo numbers for April 2016, revealing the most over-paid and under-paid properties in April. You don't want to miss this episode!