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
|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)
- Jadescape | Mayfair Gardens | The Jovell
Other new developments (Condominium / Landed) available for sale
Affinity at Serangoon | Corals at Keppel Bay | Forest Woods | Gem Residences | Grandeur Park Residences | Le Quest | M5 | Martin Modern | Michaels’ Residences (Landed) | Park Colonial | Park Place Residences | Riverfront Residences | Seaside Residences | Stirling Residences | The Alps Residences | The Clement Canopy | The Tapestry | The Tre Ver | Twin Vew
Other new developments (Executive Condominium) – fully sold!
- INZ Residence EC
- Northwaves EC
- Rivercove Residences EC
- Signature at Yishun EC
- The Brownstone EC
- The Criterion EC