Singapore Property Market
- Why the hype around properties with en-bloc potential?
The recent en-bloc sale of Eunosville made headlines after the former HUDC estate was sold for almost $766 million. (Photo: OrangeTee) By Eugene Huang Properties have life cycles, just like us. We know that property prices are largely driven by demand and supply. Today as we examine the correlation between ... read more - PropertyGuru News and Views Issue 114
Download Issue 114 Now! Singapore has won much praise the world over for being a “garden city”. Thousands of flowering plants and trees line our main roads and expressways, beautifying the environment. But there’s more we can do to make our city greener. For instance, more households can switch to ... read more - Building a green city
View of Gardens by the Bay, a huge nature park in the city. Singapore remains committed to reducing greenhouse gas emissions in the next 10 years. In line with this, several real estate companies are doing their part to build a more sustainable city. By Romesh Navaratnarajah At over 100ha, ... read more - Yishun: The next leap forward
Attendees were keen to find out more about Yishun’s potential and the Symphony Suites project. PropertyGuru’s Guru Talk knowledge empowerment seminar focused on the investment potential of Yishun, one of Singapore’s fastest-growing towns. By Mindy Chong A property seminar held on 27 May at the Symphony Suites showflat in Yishun ... read more - Get the Guru View: Saving on toast today might not mean a home later
Global housing think tank Demographia has ranked Singapore’s housing market as “Seriously Unaffordable”. Millennials, those born in the early 1980s and later, were recently criticised for not being more prudent in their habits. But in one of the most expensive housing markets in the world, can merely cutting back on ... read more
Overseas Property Market
- Bali: Own a slice of paradise
The iconic Tanah Lot Hindu temple in Bali at sunset. Despite being a relatively small island, one of Bali’s strengths lies in its diversity. With beautiful private beaches, dynamic nightspots, and a rich local culture to experience, Bali offers a myriad of activities for every traveller. By Michelle Yee With ... read more - Sydney, Melbourne home prices to gradually ease and not crash
While home prices in Sydney and Melbourne are overvalued by 14 percent and eight percent, respectively, advisory group KPMG Economics believes the bubble will deflate and not burst, reported The Australian. “Whether or not the current Sydney and Melbourne housing prices constitute a bubble is a matter for debate, ... read more - Hung UK parliament may lead to static home prices
Home prices in London are expected to remain unchanged this year after Prime Minister Theresa May’s Conservative Party failed to secure a majority in the Parliament, reported the South China Morning Post. According to Knight Frank’s Group Chairman Alistair Elliott, there would be more residential transactions in the capital ... read more - Hong Kong Finance Secretary warns of property market’s dangerous situation
With the US Federal Reserve’s rate hikes increasing borrowing costs, the financial secretary of Hong Kong cautioned of the property market’s vulnerability to a correction, reported Bloomberg. Notably, the Hong Kong Monetary Authority raised borrowing costs by 25 basis points to 1.5 percent last week, or the same amount ... read more - South Korea tightens housing rules amid soaring household debt
In a bid to cool the red hot housing markets amid surging household debt, South Korea unveiled measures aimed at tightening mortgage restrictions as well as curbing speculative resale of houses in Seoul and parts of Busan, reported Reuters. Starting from 3 July, the loan limits for home buyers ... read more