For readers who have read SPK’s earlier review on Parc Botannia and agree that Parc Botannia is a good value condominium, you might tempted to buy a unit at Parc Botannia for your family. Probably the next question that you will be asking yourself is “Can I afford a unit at Parc Botannia?”. Let us analyse the affordability of Parc Botannia from the perspective of an investor and a family […]
The launch of Parc Botannia on 11th November is reported in 2 of the main newspapers in Singapore this morning – The Straits Times and The Business Times. SPK just issued a review on Parc Botannia last night and readers can access the review here. You can also access the news articles from the links below: http://www.straitstimes.com/business/property/sing-holdings-wee-hur-to-launch-parc-botannia http://www.businesstimes.com.sg/companies-markets/sing-hldgs-wee-hur-to-launch-parc-botannia-next-weekend Thinking that Parc Botannia is a good development and […]
With the launch of Parc Botannia, one of the last major launch of the year, happening soon, let’s spend some time to review on this project before bringing your cheque book down to the showflat. Project Details on Parc Botannia How good is the location? If you do a quick search on ‘Parc Botannia’ using Google, you will be able to find many property agents’ website that can provide you […]
Today Online published an article recently, titled “Private community homes for seniors needed for Singapore, property firm says” <Link to Article>. This article talks about the need to prepare Singapore to meet the needs of its ageing population. It was quoted that one in four Singaporeans will become senior citizens by 2030, compared to one in eight who were seniors in 2015. There is one sentence in the article that is […]
http://www.straitstimes.com/business/property/more-estates-get-in-on-collective-sale-action Another day, another enbloc news. Another 3 residential estates are going for collective sale. Let us take a look at 2 of these projects – How Sun Park and Pearl Bank Apartments, to evaluate their chances of success for their enbloc attempts. How Sun Park Quick Facts Tenure: Freehold Location: How Sun Road, near Bartley MRT (12 min walk) Number of owners: 20 Land Area: 54,942.7 sq ft Zoning: […]
http://www.straitstimes.com/business/invest/you-dont-have-to-be-super-smart-to-get-rich The Sunday Times published an article by Senior Correspondent, Mr Goh Eng Yeow yesterday. The title of the article “You don’t have to be super-smart to get rich” speaks for itself and these would probably be the few keywords that you can takeaway from this article. Below is a summary of the key points of the article: Blindly following experts may be the worst possible reason for buying into […]
http://www.businesstimes.com.sg/real-estate/leasehold-favoured-over-freehold-properties-in-current-en-bloc-fever SPK briefly talked about this observation in an earlier blog post – Deep diving into the Singapore enbloc scene (Part 1) and coincidentally, The Business Times did a full coverage on this topic this morning. Below is a summary of the expert views quoted in the Business Times article: Industry players see insufficient supply from government land sales (GLS) and strong purchasing demand for mass-market private homes among the biggest […]
Financing of a property purchase would probably be a ‘simple and straight-forward’ process for most of the young working Singaporean adults. Why is it ‘simple and straight-forward’? It is probably not because everyone is an expert in financial planning and management. It is rather the case where most of us are left with very little financing options given the high prices of Singapore property. Majority would have taken the maximum […]
9,300 new homes to result from slew of en bloc sales, warn URA – The Business Times http://www.businesstimes.com.sg/real-estate/9300-new-homes-to-result-from-slew-of-en-bloc-sales-warns-ura Kopi Talk: Yes, the headline number of 9,300 new home supply looks bad and this figure could even be higher than what URA estimated. A reverse engineering of URA’s estimate seem to imply the following key assumptions in URA’s estimate: URA has not assumed that the developers will go for the bonus […]
Crystal Tower up for en bloc sale at S$138m – The Business Times http://www.businesstimes.com.sg/real-estate/crystal-tower-up-for-en-bloc-sale-at-s138m Kopi Talk: Crystal Tower had 2 previous collective sale attempts back in 2011 and 2012, when asking prices were S$155 mil (S$1,600 psf ppr) and S$150 mil (S$1,458 psf ppr). This 3rd time round, the asking price of S$138 mil (S$1,406 psf ppr) looks more palatable to developers. The current asking price would translate to an […]