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NOW that the holidays are out of the way, property developers are ready to lay out a spread of new offerings for home-seekers. At least six projects are being prepared for launch, while others have started preview sales or will have new phases released. At the higher end of the market, Wing Tai is preparing to sell [...] The luxury housing sector is expected to lead the way for the Singapore property market this year, according to real estate broker Savills. Savills is forecasting that prices in the luxury segment will rise 15 per cent in the year ahead. However, prices in the mass market and mid-end properties could see values move up by about [...] Foreigners again look to buy homes on the island as the economy improves AFTER a muted 2008, property sales at Sentosa Cove picked up again in 2009 as buyer interest returned to the high-end and luxury segments of Singapore’s property market. According to data compiled by Savills Singapore, 125 non-landed and 33 landed homes were sold on [...] THINGS are looking up in the property investment sector, according to DTZ Research. It reports a hike in both the number and size of property investment deals with a value of at least $5 million over the past year. DTZ noted that in the fourth quarter alone, the number of transactions across residential, government and private [...] HONG Leong Group, Far East Organization and Frasers Centrepoint have been the most active companies on the local property scene this year, making their mark in the number and value of homes sold. Together, the three developers are likely to have raked in more than $6 billion from selling more than 5,000 private homes – mostly [...] Singapore’s property market is looking relatively less attractive to investors as they worry about oversupply and overdevelopment on the island. According to a joint survey by PricewaterhouseCoopers (PwC) and the US-based Urban Land Institute (ULI), Singapore is fifth in a ranking of Asia-Pacific cities’ property investment prospects, falling three notches from a year ago. In another [...] FOR real-estate investment next year, Singapore is among the top five markets in the Asia-Pacific, says an Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC) report. According to the Emerging Trends in Real Estate Asia Pacific 2010 survey, residential properties look set to give the most promising returns, thanks to Singapore’s transparent market. Shanghai is the top investment [...] The third quarter saw a strong surge in Singapore’s private residential market, as transaction volumes rose 20 per cent over the previous quarter. Property consultancy Savills said some 11,000 units were sold between July and September, mostly in the mass market and mid-tier sectors. Projects such as The Gale at Flora Road, Hundred Trees at West Coast [...] |
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