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Singapore Property Kaki

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

Tag Archive for ‘Market analysis’

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: 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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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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Buyer’s Stamp Duty has just been raised. What should I do?

Oh no! The government has just raised Buyer’s Stamp Duty for residential properties! What should I do? Should I exercise my option now before the clock strikes 12? More cooling measures coming up? Is the market going to CRASH??? Fret not. I am here to give you (my) answers! First of all, let’s not get confused. The additional 1% BSD is applicable for property value in excess of S$1 million. […]

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So I was wrong

I have to admit that I am wrong this time round. This morning, property giant Capitaland announced that it has acquired the iconic Pearl Bank Apartments in Outram Park area for S$728 mil, at the reserve price of the sellers. The site has a land area of 82,376 sq ft and plot ratio of 7.45, translating to a permissible GFA of approximately 613,701 sq ft. Capitaland will pay an additional […]

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Weekly Kopi Talk (3/2/18 – 9/2/18)

8th Feb 2018 – Singapore budget not expected to target property upswing SPK: I agree. As of now, there is already a very stringent set of rules and penalties (Qualifying Certificate extension charge and Additional Buyer Stamp Duty remission clawback) if developers cannot sell all their units within 5 years from the date that they acquire the site. Even though the Singapore government is getting concern on the activities in the collective […]

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