Liked us?

Everything to Improve Your knowledge Singapore Property | <a href="/">Detailed expert reviews</a>

Friday, May 29, 2015

Singapore Property

,



·         The Singapore property market was on a roll in 2010 and still one of the best markets to invest in today, in 2015. As quickly as new condominiums sprouted up, they appear to have been almost as quickly absorbed by the market. This seems especially so for mass market housing, which contributed a large percentage of the over 16,000 new units sold in 2010 with an exponential growth towards 2015. For more information on singapore property, visit our website.

A Look Back at the Singapore Property Market in 2010

According to official URA (Urban Redevelopment Authority) data, prices of private residential property in Singapore climbed a massive 17.6 percent in 2010, surpassing the previous high (achieved in 1996) in the 2nd quarter, and continuing to trend upward after that. However, the price gain of 2.7 percent in Q4 was the smallest in the last six quarters, with the exception of the high-end luxury segment that had been underperforming the general market over the last two years. This segment rose 2.3 percent in the last quarter, compared to 1.6 percent in Q3, due to renewed interest in high-end homes. This has pushed luxury home prices to a new record, overtaking the previous peak in 2008.

Industry players attribute this rise to the strong Singapore economy and low interest rates, that is again attracting foreign buyers back into the market after an anticipated drop in prices did not materialize. The number of residential units bought by foreigners increased 14 percent in 2010, contributed in part by the more stringent property ownership rules in China and Hong Kong that is channeling clients here, who are parking their money in Singapore property instead. In summary, while the few rounds of cooling measures by the Singapore government in 2010 appear to have moderated price increases, they do not appear to have dampened demand for Singapore property. The estimated 16,000 or so new private homes sold last year is a new record.

Singapore Property Market in 2011

Industry experts say the outlook remains strong for this year, though overall prices increases may moderate to between 3 to 10 percent. But they are more optimistic about high-end homes, saying that this sector could rise by between 5 to 10 percent, due to the increasing anti-speculation measures in the region, especially in China, that are diverting funds here. Mainland Chinese form the fastest growing segment of foreign buyers. Prices of mass-market homes, on the other hand, would likely increase by less than 5 percent.

New Singapore Property to Look Out For in 2010

CBD (Central Business District)

Look out for projects in Tanjong Pagar & other rejuvenation areas under the Singapore masterplan. One such project coming up is Spottiswoode 18.

Districts 9, 10, 11

Luxury projects in these districts have always been prime favorites among foreign buyers. A new high-end project that will launch units for sale in 2011 is CapitaLand's D'Leedon in Farrer Road.

Mass-market Projects

In the mass market end, projects due to launch early 2011 will include Waterfront Isle and Canberra Residences, a 5-storey mid-size condo in Sembawang, that will address a shortage of new private projects in the northern end of Singapore. Want to know more about sg property? Visit us today for more information.


11 comments to “Singapore Property”

  • November 23, 2020 at 10:31 PM
    John says:

    Hawley Home Inspection LLC is a Veteran owned and Family operated business.Our Home inspector are ASHI and InterNACHI Certified Professional Inspectors. Our Radon Inspectors are licensed by the State of Illinois
    Home Inspection Services will include different areas. your prospective new home following the standard rules as set forth by the State of Illinois and the International Association of Certified Home Inspectors (InterNACHI).

  • December 4, 2020 at 2:18 AM
    Unknown says:

    Hawley Home Inspection LLC is a Veteran owned and Family operated business.Our Home inspector are ASHI and InterNACHI Certified Professional Inspectors. Our Radon Inspectors are licensed by the State of Illinois
    Home Inspection Services will include different areas. your prospective new home following the standard rules as set forth by the State of Illinois and the International Association of Certified Home Inspectors (InterNACHI).

  • December 10, 2020 at 10:56 PM
    Unknown says:

    Hawley Home Inspection LLC is a Veteran owned and Family operated business.Our Home inspector are ASHI and InterNACHI Certified Professional Inspectors. Our Radon Inspectors are licensed by the State of Illinois
    Home Inspection Services will include different areas. your prospective new home following the standard rules as set forth by the State of Illinois and the International Association of Certified Home Inspectors (InterNACHI).

  • December 15, 2020 at 3:04 AM
    Unknown says:

    Radon Gas Testing by Hawley Home Inspections, LLC.
    Radon Gas is the second leading cause of Lung Cancer after smoking. A Radon Test will last a minimum of forty-eight hours and is conducted at room temperature in the lowest livable level of the home.
    Mold Testing pocahontas by Hawley Home Inspections, LLC
    Mold and Mildew problems are sometimes hard to identify because the source is often in isolated areas such as walls attics and crawl spaces. Our Mold test compares the mold count inside the building to the mold count outside the building. We will inspect all services your prospective new home following the standard rules as set forth by the State of Illinois and the International Association of Certified Home Inspectors (InterNACHI).

  • December 21, 2020 at 2:13 AM
    Unknown says:

    Hawley Home Inspection LLC is a Veteran owned and Family operated business.Our Home inspector are ASHI and InterNACHI Certified Professional Inspectors. Our Radon Inspectors are licensed by the State of Illinois
    Home Inspection Services will include different areas. your prospective new home following the standard rules as set forth by the State of Illinois and the International Association of Certified Home Inspectors (InterNACHI).

  • December 21, 2020 at 2:14 AM
    Unknown says:

    Radon Gas Testing by Hawley Home Inspections, LLC.

    Radon Gas is the second leading cause of Lung Cancer after smoking. A Radon Test will last a minimum of forty-eight hours and is conducted at room temperature in the lowest livable level of the home.
    Mold Testing pocahontas by Hawley Home Inspections, LLC
    Mold and Mildew problems are sometimes hard to identify because the source is often in isolated areas such as walls attics and crawl spaces. Our Mold test compares the mold count inside the building to the mold count outside the building. We will inspect all services your prospective new home following the standard rules as set forth by the State of Illinois and the International Association of Certified Home Inspectors (InterNACHI).

  • January 4, 2021 at 10:04 PM
    Unknown says:

    When it comes to Real Estate inspection in Pocahontas, Hawley Home Inspections secures the top position because of the exceptional customer service it provides and the certified professional home inspectors that are a part of this team. The fact that both of these constituents are unavoidable while considering to book an appointment for a home inspection for your house or the property you are about to buy. There are many factors that force us to get a home inspection done but if you are living on a property and it has been more than a year that you got your house inspected, this is the right time. If the situation is worse and you have never gotten a home inspection done before, it is never too late to start now. You can just start by giving Hawley Inspections a call and leave the rest to us. We promise to send you the most Professional Home Inspector Pocahontas has to offer and we claim 200% customer satisfaction as well, so what are you waiting for?

  • January 6, 2021 at 10:47 PM
    unknown says:

    Our driving school provides some unique features for our learners.intensive driving courses
    best driving school

  • January 6, 2021 at 10:48 PM
    unknown says:

    Hayat carpet provid carpet cleaning services !

    Hayat carpet cleaning

  • January 12, 2021 at 1:30 AM
    Unknown says:

    When it comes to Radon Testing in Pocahontas, we know it is crucial to decide because the first thing is that it is a very alarming situation when you feel like the air around is making you and your family sick but one thing that concerns the home owners is to let someone inside their house. The security of the house is the first thing that comes in the minds of the residents when it is about letting a stranger come inside your house and inspect everything in detail. We understand that you need to be 100% sure yourself before trusting someone else completely with the privacy of your home. When we talk about a trusted Home inspector in Pocahontas IL, Hawley tops the list with their multiple certifications from InterNACHI, CRT, ASHI and BBB. They have the best professionals certified by the state and with great positive reviews and are rated A+ by the better business bureau. So why hesitate before booking an appointment? Book yours today to get it tested for radon.

  • January 13, 2021 at 11:57 PM
    Unknown says:

    On March 11th, 2019 a user submitted the reports of the radon levels found inside their house which were 5 pCi/L. This is more than the safe level recommended by EPA which is 4 pCi/L. this one report is alarming because if one house can have elevated levels of radon at their home, other houses can be on the verge of danger too. Radon Testing in Collinsville has become important now because of this situation and a thorough home inspection including radon testing and mitigation is the need of the moment. Real Estate inspection in Collinsville is mastered by Hawley as their team is experienced and they fulfill all the requirements necessary for a successful home inspection. In addition they have a bundle of positive customer feedback and five star reviews so you do not have to worry about the privacy or security of your home while letting a stranger inside your house. Book an appointment today and let us take care of all your inspection related worries.

Post a Comment

 

Liked

Detailed expert reviews Copyright © 2011 | Template design by O Pregador | Powered by Blogger Templates