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Singapore Property Kaki

A place for sharing property, investments and financial management ideas among kakis

The Resurgence of Billion Dollar Enbloc Deals?

Since the introduction of new property cooling measures in July, our collective sales market had slowed down considerably. But this week, I am getting excited with the spate of news in the enbloc market. During the week, 4 new collective sale tenders were announced. The most anticipated enbloc sale is the tender for Laguna Park that is about to be launched. Laguna Park owners are seeking for a mind-blowing S$1.48 […]

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First GLS tender closing since new cooling measures in July. Is the situation as bad as what market watchers think?

This week, there were 3 government land sales tenders closing and these were the first batch of tenders that closed since the government announced the new cooling measures in July. How were the responses to these tenders? Condo site at Jalan Jurong Kechil There were only 3 tender bids received for the site at Jalan Jurong Kechil and this is one of the lowest in recent times. The low number […]

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Collective Sale Activities Hint At A Shift in Landbanking Strategy

The collective sale market in Singapore continues to perform strongly. Property developers snatched up 26 sites worth S$8.5 bil for the year to date. This has already exceeded the collective sale transactions for the entire 2017. There is one noticeable fundamental shift in developers’ land banking strategy. There is now a shift of preference away from suburban sites towards freehold sites in prime districts. Redevelopment of all the collective sale […]

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New Launch Review: The Garden Residences vs Affinity at Serangoon – Battle of the Northeast Titans

The property fever in the North-eastern part of Singapore is rising. Two big residential developments in District 19 – The Garden Residences and Affinity at Serangoon are launching at the same time. If you are still undecided on which new project, fret not, as SPK is here to help the readers with my new launch review.   Location, Location, Location The Garden Residences and Affinity at Serangoon are located within close […]

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New Launch Review: Are the 1-BR and 1+S at The Tapestry good for investment?

Tampines Avenue 10 is already a well-established private residential area, well served with a neighborhood retail centre near Tampines West Community Club, schools, and recreational areas (Bedok Reservoir). SRX has done a very nice drone video of the area: And at such attractive price point, there is no doubt that The Tapestry will appeal to families who are looking to upgrade from HDB to a private condominium. What about for […]

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New Launch Review: The Tapestry @ Tampines

The long-awaited blockbuster new launch of the year is finally coming! The Tapestry, a 861-unit condominium developed by City Developments, is due to launch this coming weekend! Is The Tapestry a good place to call home? Is The Tapestry a good investment? Should you be bringing your cheque book down to the launch this weekend? Let us explore more below. A Well-established Location for Private Housing The location of The […]

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Do you feel the enbloc heat?

The enbloc craze just keeps getting crazier. There were many significant developments in collective sale market over the past week. The Next Enbloc Blockbuster – Mandarin Gardens First, we have a potential blockbuster collective sale exercise coming up! Mandarin Gardens is one step closer to being put up for collective sale. A mind-blowing reserve price of S$2.45 billion has been set for Mandarin Gardens. This price has not even taken […]

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