4,263 or 99.9% of the Executive Condominium (EC) units sold in the resale market between 2007 and end-August 2022 yielded an average gross profit of S$295,904 each. Most of these units were sold less than 10 years after they were first bought. The findings were shared by OrangeTee & Tie in its latest Market Watcher…
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Last week, news emerged that Asia’s second-wealthiest man and chairman of Mumbai-based Reliance Industries, Mukesh Ambani, will set up a family office in Singapore and has already chosen real estate here. Like Google co-founder Sergey Brin, hedge fund billionaire Ray Dalio, Hong Kong’s Li Ka-Shing and former De Beers chairman Nicky Oppenheimer, Ambani will be…
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On September 29 (Thursday) evening, the government announced new property cooling measures again. The new rules aimed to moderate demand and ensure prudent borrowing amid rising interest rates. They were also meant to address the public concern of rising home prices and to improve housing affordability. While industry stakeholders and homebuyers were caught by surprise,... [read more]
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Many of us dream of living on the top floor, waking up to unblocked views every day. Given where they’re situated, these units also tend to be more breezy, bright and feel more spacious due to the higher ceiling height. These are reasons why top-floor units, including penthouses, tend to be the most expensive units…
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When cooling measures were announced on 30 September 2022, many buyers, sellers and agents were caught by surprise. Understandably, some were considering whether to proceed with signing their Option-to-Purchase (OTP), while others were in the midst of evaluating their affordability due to higher stress-test interest rates before applying to borrow for housing loans. Private property…
The post 9 HDB resale and 7 condos which broke all-time-high records before and after the September 30 cooling measure appeared first on .