Home

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

EXECUTIVE CONDOMINIUM LAUNCH FOR SALE IN 2019/2020
Location Developer Development Name Land Size Land Cost $/psf ppr
Sumang Walk  CDL Constellation and TID Residential  TBA  27,056 sqm / 291,230 sqft   S$583 psf ppr
Canberra Link Hoi Hup Realty and Sunway Developments  TBA 18,4040 sqm / 194,187 sqft S$558.22 psf ppr
Tampines Ave 10  TBA  TBA TBA  TBA
Anchorvale Crescent  Evia Real Estate and Gamuda (Singapore)  TBA  17,137 sqm / 184,462 sqft  S$576.24 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 LAUNCHES IN 2018 …

Do you know that there are more new private condominium will be launched in 2018/2019? Contact 91822516 for more information.

CONDOMINIUM LAUNCH FOR SALE IN 2018/2019
Location Developer Development Name Land Size $/psf ppr
Margaret Drive MCL Land (Singapore) Pte Ltd  Margaret Ville  4,809.9 sqm  $997 psf ppr
West Coast Vale China Construction (South Pacific) Developments Co. Pte Ltd  Twin Vew  16,378.3 sqm  $591 psf ppr
Tampines Avenue 10 (parcel C)  Bellevue Properties Pte Ltd The Tapestry  21,717.7 sqm  $565 psf ppr
Stirling Road  Logan Property (Singapore) Company Pte Ltd and Nanshan Group Singapore Co. Pte Ltd  Stirling Residences 21,109.5 sqm  $1050 psf ppr
Woodleigh Lane CEL Unique Development Pte Ltd  Park Colonial  19,546.9 sqm  $1,110 psf ppr
Upper Serangoon Road Singapore Press Holdings (SPH) and Kajima Development The Woodleigh Residences & Woodleigh Mall 273,842 sqft / 25,440 sqm S$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.

CONDOMINIUM LAUNCH FOR SALE IN 2018/2019
Location Developer Former Development Name New Development Name Land Price $/psf ppr
Shunfu Road Qingjian Realty (Marymount) Pte Ltd Shunfu 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 Ver S$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 Casa Riverfront Residences  S$706 psf ppr  
 Sims Avenue MCL Land    Eunosville  Parc Esta S$909 psf ppr   
 Normanton Park  Kingsford Huray Development  Normanton Park  TBA  S$969 psf ppr
 Tampines Street 11  Sim Lian  Tampines Court  TBA S$676 psf ppr    
 Rifle Range Road (in Bukit Timah)  Citrine Property Pte Ltd (subsidiary of Oxley Holdings Limited) Mayfair Gardens  Mayfair Gardens S$1244 psf ppr  
Bukit Timah Road  ALLGREEN Properties  Royalville (FH)  TBA S$1960 psf ppr  
 South Buona Vista Road  Oxley Holdings  Vista Park  Kent Ridge Hill Residences S$1096 psf ppr 
 Jalan Lempeng (Clementi)  Singhaiyi Properties  Park West    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)