WHAT IS SINGAPORE PROPERTY MARKET TREND?
The property cooling measures have impacted the sales and price of property in Singapore. 22 July 2015, MAS said it is premature to lift property curbs. National Development Minister, Lawrence Wong on 16 October 2015 affirmed that it is still “not time yet” to ease the measures that were put in place to cool the property market. These include the adjustments to the Additional Buyers’ Stamp Duty. 3 Feb 2016, Minister K Shanmugam said that the government have a rough idea of when to change the property cooling measures.
EC / PRIVATE CONDO WITH STAR BUY SALE OR DEVELOPER’S DISCOUNT
What is executive condo price in Singapore today? What is private condo price in Singapore today?
From the recent decent response to some of the current new launches executive condo and/or private condo, developers are offering attractive price and/or Star Buy Unit to new EC and/or private condominium, including but not limited to Forestville EC, Sea Horizon EC, Michaels’ Residences and The Santorini. A glance of the special discount to current new launch ec and private condo in Singapore:
| Development Name | Type | Location | Expected TOP | Discount * |
|---|---|---|---|---|
| Forestville EC | Executive Condominium [EC] | Woodlands Drive 16 | May 2016 | up to $21,000 |
| SkyPark Residences EC | Executive Condominium [EC] | Sembawang Drive | June 2016 | up to $38,888 |
| Sea Horizon EC | Executive Condominium [EC] | Pasir Ris Rise | Nov 2016 | $10,888 |
| The Terrace EC | Executive Condominium (EC) | Punggol Drive | Mar 2018 | $10,000 |
| Signature at Yishun | Executive Condominium (EC) | Yishun Street 51 | May 2017 | $28,888 |
- Terms and Conditions apply
CDL, The Brownstone EC developer, is giving away St Regis Singapore Christmas Hamper during this festive season 2015. Contact 91822516 for more information.
Is current executive condominium price attractive to you? What will executive condo price be in 2016? What is private condo property price in Singapore be in 2016?
LIST OF CURRENT PROPERTY LAUNCHES
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RULES ON CURRENT EXECUTIVE CONDOMINIUM (EC)
Are you aware that some new ec launch for sale in 2015 has no resale levy imposed on HDB flat up-graders or HDB 2nd timers? These new executive condominium available for sale in 2015, namely Forestville EC @ Woodlands, Twin Fountains EC @ Woodlands, Skypark Residences EC @ Sembawang, Sea Horizon EC @ Pasir Ris, Waterwoods EC @ Punggol and The Terrace EC @ Punggol has no resale levy imposed on HDB flat up-graders or HDB 2nd timers. These new ec available for sale in 2015 are not affected by the new housing rulings too.
你知不知道？这些新的执行共管新的执行公寓，Forestville EC@兀兰，Skypark Residences EC@三巴旺，Sea Horizon EC@白沙，Waterwoods EC@榜鹅，The Terrace EC@榜鹅, 不受权威新建住房的裁决。
Are you considering of buying an ec? What are the new housing rules affecting executive condo buyers? Are you aware of the ec eligibility? Contact 91822516 for more information.
LIST OF EXECUTIVE CONDOMINIUM (EC) LAUNCH IN 2014
Below is list of new launch executive condominium (EC) in 2014 and these new launch executive condo EC has no resale levy imposed on HDB upgrades / HDB 2nd timer.
EXECUTIVE CONDOMINIUM LAND SALE (YEAR 2014)
|
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|---|---|---|---|---|---|---|
| Location | Developer | Name | Land Size (m2) | Successful Bid ($m) | $/psf ppr | |
| Woodlands Ave 5/6 | Qingjian Realty (South Pacific) Group Pte Ltd | BelleWoods | 21,004 | $216 | $341 | |
| Anchorvale Crescent | Qingjian Realty (South Pacific) Group Pte Ltd | BelleWaters | 23,000 | $245.577 | $331 | |
| Punggol Central / Edgedale Plains | Master Contract Services Pte Ltd / Keong Hong Construction Pte Ltd | The Amore | 13,565 | $156 | $356 | |
| Punggol Drive / Edgedale Plains | Peak Square Pte. Ltd. | The Terrace | 24,065 | $312.800 | $355 | |
| Yuan Ching Road / Tao Ching Road | Evia Real Estate (5) Pte Ltd, BBR Development Pte Ltd, CNH Investment Pte Ltd and OKP Land | Lake Life | 20,187 | $272.839 | $419 | |
WHAT ARE THE NEW EXECUTIVE CONDOMINIUM (EC) LAUNCHES IN 2015?
What are the new executive condominium (EC) launch in 2015?
Are you aware that these new executive condo (EC) launch in 2015 and thereon, will have Resale Levy imposed on HDB up-graders or HDB 2nd timers? These are the new ec condos Singapore launch in 2015:
| LIST OF EC WILL BE AFFECTED BY THE RESALE LEVY FOR UP-GRADER | ||||||
|---|---|---|---|---|---|---|
| Location | Developer | Name | Land Size (m2) | Successful Bid ($m) | $/psf ppr | |
| Westwood Avenue | Changi Properties Pte. Ltd. & Heeton Homes Pte. Ltd. | Westwood Residences | 17,285 | $198.900 | $382 | |
| Canberra Drive | Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd. | The Brownstone | 28,563 | $226.000 | $350 | |
| Anchorvale Crescent | Phoenix Real Estate Pte Ltd | The Vales | 16,280 | $192.889 | $367 | |
| Choa Chu Kang Grove Parcel A | MCL Land | Sol Acres | 16,455 | $232.500 | $375 | |
| Choa Chu Kang Grove Parcel B | MCL Land | Sol Acres | 16,453 | $210.100 | $339 | |
| Yishun St 51 Parcel B | JBE Holdings | Signature @ Yishun | 18,260 | $178.500 | $330 | |
| Yishun St 51 Parcel A | Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd. | The Criterion | 17,940 | $184.130 | $335 | |
What are the upcoming executive condo in 2016? Are you considering of buying an ec? What is the ec income ceiling? Do you meet the ec eligibility? There should have at least five upcoming ec launch in 2016. Contact 91822516 for more information.
WHAT ARE THE NEW EXECUTIVE CONDOMINIUM (EC) LAUNCHES IN 2016?
What are the new executive condominium (EC) launch in 2016?
These are the new ec condos Singapore launching in 2016:
| Location | Developer | Name | Land Size (m2) | Successful Bid ($m) | $/psf ppr |
|---|---|---|---|---|---|
| Sembawang Avenue | FCL Tampines Court and KH Capital | Parc Life | 22,190 | $214.080 | $320 |
| Choa Chu Kang Drive | Sim Lian Land | Wandervale | 19,058 | $207.400 | $361 |
| Sembawang Road / Canberra Link | Qingjian Realty (Residential) Pte Ltd. | The Visionaire | 28,745.90 | $229.377 | $353 |
| Anchorvale Crescent | Sim Lian Land Pte Ltd | TBC | 17,450.10 | $157.800 | $280 |
| Woodlands Avenue 12 | Hao Yuan Investment Pte Ltd | TBC | 12,388.3 | $103.790 | $278 |
| Choa Chu Kang Avenue 5 | Qingjian Realty (Residential) Pte Ltd, Suntec Property Ventures Pte Ltd & Bohai Investment (Sengkang) Pte Ltd | TBC | 16,386 | $156.157 | $295 |
| Yio Chu Kang | Hoi Hup Realty | TBC | 18,422 | $183.800 | $331 |
| Sumang Walk | TBC | TBC | 27,056 | TBC | TBC |
You may also log on to HDB website to view list of new executive condominium launches in 2016.
WHAT ARE THE NEW CONDOMINIUM LAUNCHES IN 2016 …
Do you know that there are more new private condominium will be launched in 2016? Do you want to own a new private condo that is near MRT station which could enable your capital gain? New launch private condo near Kovan MRT station or Lakeside MRT station, Braddell MRT station or Queenstown MRT station? Contact 91822516 for more information.
GOVERNMENT LAND SALES IN 2016
Government Land Sales (GLS) is classified in two categories Confirmed List and Reserved List. In 2016, the GLS confirmed list residential site are located in Jalan Kandis, Martin Place and Anchorvale Lane (EC) and commercial and residential sites is located at Bukit Batok West Avenue 6. In 2016, the GLS reserve list consist of residential site, commercial & residential site, commercial sits and white sites. Contact 91822516 for more information.
News Update on properties
7 Jan 2016 – Home buyers go for price and location. Take a look at North Park Residences in Yishun Central transacted at median price of $1374 psf, High Park Residences in Sengkang transacted at median price of $989 psf, The Poiz Residences in Potong Pasir transacted at median price of $1440 psf. 7 developments, executive condo and private condo, will launch in first quarter 2016. Contact 91822516 for more information.
13 Dec 2015 – Are you aware of the impact of MRT on property prices? News article from The Edge Property Singapore share some thoughts. What are the Singapore property that is near MRT station that is launching in 2016?
10 December 2015 – Analyst says oversupply to lending curbs will keep private condo price and executive condominiums (EC) price depressed. EC prices coming down from a high of over $800 per sq ft (psf) to $780 psf. Average EC price 2016 should be lowered, at $750 to $780 psf. For private condo, developers have been trimming prices. Median prices at The Panorama, fell from $1,343 psf at initial launch to $1,226 psf in October 2015. Sims Urban Oasis prices were down from $1,397 psf to $1,285 psf in October 2015. Are you considering buying an ec or private condo? Contact 91822516 for more information.
10 Dec 2015 – UOL JV Singland topped the bids at $302.1m for the new private condo site at Clementi Avenue 1.
23 Aug 2015 – National Day Rally 2015: The ec income ceiling are being raised from $12,000 to $14,000 and from $10,000 to $12,000 for new HDB flats. This announcement is well received by potential EC buyers. We expect the sale of current ec 2015, Forestville EC, The Brownstone EC, SkyPark Residences EC, Signature at Yishun EC, Sea Horizon EC, The Terrace EC and Waterwoods EC to be greatly motivated by this announcement. View the details of the announcement
15 Aug 2015 – EL Development is awarded a residential site at West Coast Vale at S$314.1 million for 53,000 square metres in gross floor area. The site can potentially yield about 595 residential units.
24 June 2015 – The Housing and Development Board (HDB) will raise the income ceilings for Build-To-Order (BTO) and Executive Condominium (EC). New limits will be made known to the public on/around August or September 2015.
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 me at 9182 2516 for a non-obligation presentation of the developments.