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Singapore Property Kaki

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

Kopi Talk – 25/10/2017

Cairnhill Mansions and adjacent site up for sale – The Straits Times http://www.tnp.sg/news/business/cairnhill-mansions-and-adjacent-site-sale Kopi Talk: At owners’ asking price of S$477 mil (S$2,100 to S$2,200 psf ppr), the estimated breakeven selling price for the developer would be around S$2,600 psf to S$2,700 psf net area and the developer will probably need to sell at S$3,000 psf to S$3,200 psf net area for profit. With the 99-year leasehold Cairnhill Nine (by […]

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How to look for enbloc profit opportunities?

The EdgeProp had written a piece of article relating to spotting the next en bloc. An interesting piece of article, which I thought I should share with everyone here: https://www.edgeprop.sg/property-news/how-spot-next-en-bloc For readers who are lazy to read the full article, let me summarise the article for you here: Important factors to spot potential enbloc properties are Age Number of units Plot value enhancement Premium of new sale/ resale prices over […]

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Kopi Talk – 24/10/2017

En bloc contagion spreads to commercial, mixed-use properties – The Business Times http://www.businesstimes.com.sg/real-estate/en-bloc-contagion-spreads-to-commercial-mixed-use-properties Kopi Talk: Katong Shopping Centre’s last reserve price of S$630 or S$2,248 psf ppr looks a bit stretched, considering the 60% residential use requirement set by URA. Taking into consideration CDL/Hong Leong’s recent acquisition of Amber Park at S$1,515 psf ppr, and if we price KSC’s residential component at the same rate, that would imply a S$3,300 […]

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Kopi Talk – 23/10/2017

Mitsui eyes property in Singapore and consumers in Asia for growth – Business Times http://www.businesstimes.com.sg/companies-markets/mitsui-eyes-property-in-spore-and-consumers-in-asia-for-growth Kopi Talk: The Mitsui Group is no stranger to the Singapore property market. Mitsui Fudosan (a member of Mitsui Group) has an established track record of developing residential properties in Singapore via TID Pte Ltd, a JV company with Singapore’s Hong Leong Group. Through Mitsui & Co, the group will now expand its presence into […]

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