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WHAT IS SINGAPORE PROPERTY MARKET TREND?

Currently there is no new launches of executive condominium (EC) available for sale. Condominium available in Singapore is fast selling. Several condominium developments have been fully sold out or left with limited units available for sale. Have you wonder why?

What is the property cooling measures that is in place? 5 July 2018, new cooling measures on Higher Additional Buyers’ Stamp Duty (ABSD) rates and tighter loan limits was announced. Government . Contact 91822516 for further discussion.

Rates and Computation

ABSD Rates on the higher of the purchase price or market value
 Profile of Buyer ABSD Rates from 8 Dec 2011 to 11 Jan 2013 ABSD Rates from 12 Jan 2013 to 5 Jul 2018 ABSD Rates on/ after 6 Jul 2018
Singapore Citizens (SC) buying first residential property1  Not applicable  Not applicable  Not applicable
SC buying second residential property1  Not applicable  7% 12%
SC buying third and subsequent residential property1  3%  10% 15%
Singapore Permanent Residents (SPR) buying first residential property1  Not applicable  5%  5%
SPR buying second and subsequent residential property1  3%  10%  15%
Foreigners (FR) buying any residential property  10% 15% 20%
Entities2 buying any residential property  10%  15% 25%3
plus Additional 5% for Housing Developers4(non-remittable)5

What are the upcoming executive condominium (EC) launching in Singapore?

In 2018, there is only one executive condominium (EC) launch in Singapore. It is none other than Rivercove Residences in Sengkang. Within three (3) months of sale, Rivercove Residences in Sengkang is fully sold. Contact 91822516 for abortive units (if any).

Below is list of new launch executive condominium (EC) on/around 2019/2020

LocationDeveloperDevelopment NameLand SizeLand Cost $/psf ppr
Sumang Walk CDL Constellation and TID Residential TBA 27,056 sqm / 291,230 sqft  S$583 psf ppr
Canberra LinkHoi Hup Realty and Sunway Developments TBA18,4040 sqm / 194,187 sqftS$558.22 psf ppr
Anchorvale Crescent Evia Real Estate and Gamuda (Singapore) TBA 17,137 sqm / 184,462 sqft S$576.24 psf ppr
Tampines Ave 10Hoi Hup Realty Pte Ltd and
Sunway Developments Pte Ltd
 TBA24,938 sqm / 268,432 sqftS$578.12 psf ppr

You may also log on to HDB website to view list of new executive condominium launches in 2019/2020.

WHAT ARE THE NEW CONDOMINIUM LAUNCH IN 2018 …

These are some of the new condominium launch in 2018. Contact 91822516 for more information.

LocationDeveloperDevelopment NameLand Size$/psf ppr
Margaret DriveMCL Land (Singapore) Pte Ltd Margaret Ville 4,809.9 sqm $997 psf ppr
West Coast ValeChina Construction (South Pacific) Developments Co. Pte Ltd Twin Vew 16,378.3 sqm $591 psf ppr
Tampines Avenue 10 (parcel C) Bellevue Properties Pte LtdThe Tapestry 21,717.7 sqm $565 psf ppr
Stirling Road Logan Property (Singapore) Company Pte Ltd and Nanshan Group Singapore Co. Pte Ltd Stirling Residences21,109.5 sqm $1050 psf ppr
Woodleigh LaneCEL Unique Development Pte Ltd Park Colonial 19,546.9 sqm $1,110 psf ppr
Upper Serangoon RoadSingapore Press Holdings (SPH) and Kajima DevelopmentThe Woodleigh Residences & Woodleigh Mall273,842 sqft / 25,440 sqmS$1,181 psf ppr

With En-bloc fever in Singapore, what will the private condominium property price be in 2018? Here is a list of some of the enbloc developments and its collective sale land price. Contact 91822516 to register your interest in new launches and/or showflat viewing.

With En-bloc fever in Singapore, what will the private condominium property price be in 2018? Here is a list of some of the enbloc developments and its collective sale land price. Contact 91822516 to register your interest in new launches and/or showflat viewing.

CONDOMINIUM LAUNCH FOR SALE IN 2018/2019 FROM EN-BLOC LAND

LocationDeveloperFormer Development NameNew Development NameLand Price $/psf ppr
Shunfu RoadQingjian Realty (Marymount) Pte LtdShunfu Ville Jadescape顺福轩  S$747 psf ppr
Potong Pasir Avenue 1  UVD (PROJECTS) PTE. LTD. (Joint venture company of UOL Group and United Industrial Corporation (UIC))Raintree Gardens  The Tre VerS$797 psf ppr 
 Hougang Avenue 7 Rio Casa Venture Pte Ltd (Joint Venture between Oxley Holdings Ltd, KSH Holdings Ltd, SLB Development Ltd and Apricot Capital Rio CasaRiverfront Residences S$706 psf ppr  
 Sims Avenue MCL Land   Eunosville Parc EstaS$909 psf ppr   
 Normanton Park Kingsford Huray Development Normanton Park TBA S$969 psf ppr
 Tampines Street 11 Sim Lian Tampines Court Treasure At TampinesS$676 psf ppr    
 Rifle Range Road (in Bukit Timah) Citrine Property Pte Ltd (subsidiary of Oxley Holdings Limited)Mayfair Gardens Mayfair Gardens       Mayfair Modern S$1244 psf ppr  
Bukit Timah Road ALLGREEN Properties Royalville (FH) TBAS$1960 psf ppr  
 South Buona Vista Road Oxley Holdings Vista ParkKent Ridge Hill ResidencesS$1096 psf ppr 
 Jalan Lempeng (Clementi) Singhaiyi Properties Park West TBA S$850 psf ppr

DO YOU INTEND TO OWN A PROPERTY FOR OWN STAY OR INVESTMENT?

If you intend to own a property and live in it, your main considerations are most probably the location, your budget and comfortable unit size.  Alternatively, if you intend to own a property as an investment, your main concern should be the rental yield that the property can generate for you.

Allow me to present to you the current launches of executive condominium, private condominium and landed properties that suits your desire and intention.  Do feel free to  Contact 91822516 for a non-obligation presentation of the developments.

Upcoming new developments (Condominium)

Treasure At Tampines (Tampines Court en-bloc) | Fourth Avenue Residences | Normanton Park (Normanton Park en-bloc) |

Contact 91822516 for more information and/or register your interest.

Other new developments (Condominium / Landed) available for sale

Affinity at Serangoon | Corals at Keppel Bay | Forest Woods | Gem Residences | Grandeur Park Residences | Jadescape |  Kent Ridge Hill Residences |  Le Quest | M5 | Martin Modern| Mayfair Gardens |Mayfair Modern | Michaels’ Residences (Landed) | Parc Esta | Park Colonial | Park Place Residences | Riverfront Residences | Seaside ResidencesStirling Residences | The Alps Residences | The Clement Canopy | The Jovell  | The Tapestry | The Tre Ver | Twin Vew | Whistler Grand |

Other new developments (Executive Condominium) likely to be available for sale

I am CEA registered property salesperson in Singapore. For more information about me, you may read more in this website.