Singapore Property Market
- ERA Realty to relist in Singapore
ERA Realty’s CEO Jack Chua. ERA Realty Network, the second biggest property agency here by agent numbers, plans to relist on the Singapore Exchange (SGX) to take advantage of the anticipated recovery in the housing market, reported the Business Times. The firm and other related businesses will be floated under ... read more - Spring Grove looking to en bloc again
View of the Spring Grove condo near Orchard Road. (Photo: Knight Frank) After a failed attempt at an en bloc sale in 2014, the owners of Spring Grove condominium in Grange Road are once again looking for law firms and a marketing agent that could help them sell the 325-unit ... read more - PropertyGuru News and Views Issue 117
Download Issue 117 Now! I’ve never been a superstitious person, so when I started doing research about haunted locations in Singapore for this issue’s cover story, I was sceptical at first. But my opinion changed when a small group of us visited some of these places, especially the Old ... read more - Concerns when buying old houses
Buyers cannot use their CPF savings to purchase houses with less than 30 years left on the lease. Before purchasing older residential units, prospective buyers are advised to consider the potential downsides of such properties. 1) Financing issues For properties with shorter remaining leases, buyers may need to ... read more - News Roundup (September 2017)
Our top Singapore property stories. Morgan Stanley: Home prices to rise by 8% in 2018 Morgan Stanley recently released the most bullish forecast for the Singapore housing market, expecting private home prices to increase by two percent this year, before rising again by another eight percent next year, reported the ... read more
Overseas Property Market
- Malaysia: A bright spot for property investors
View of the Kuala Lumpur skyline. Despite weak market sentiment, the weakening ringgit, stable rental yields, a slew of infrastructure improvements coupled with the completion of mega developments continue to attract foreign investors to Malaysia’s property market. By Michelle Yee Despite the present challenging market condition and slowing economy caused ... read more - Optimistic outlook for Japanese real estate
A large crowd of potential investors turned up to find out more about Japan’s real estate market from industry experts. Attendees were given an overview of upcoming infrastructure developments in Japan, as well as updates on property regulations and taxation. By Mindy Chong Held for the first time on 9 and ... read more - Hong Kong lacks land for residential use
View of old apartment blocks in Hong Kong. While the Hong Kong government has partly attributed its housing woes to the city’s hilly terrain, which makes development difficult, a market watcher believes the real problem is the city’s lack of land for housing use. Only seven percent of Hong Kong’s ... read more - Keppel Land acquires Jakarta site for S$59mil
Keppel Land has acquired a parcel of land in Jakarta’s central business district for 586 billion rupiah (S$59.4 million). This comes after its wholly-owned subsidiary PT Sukses Manis Tangguh entered into a conditional sales and purchase agreement with Bank Central Asia to acquire the prime site. With a gross floor ... read more - More luxury apartment projects in Ho Chi Minh City
The booming supply of luxury apartments has made the HCMC market more competitive. New high-end apartment projects developed in the central districts of Ho Chi Minh City have made the competition on this million-dollar market more intense. By Phuong Uyen Since the beginning of this year, many new ... read more