Over the past week, two major news in the regional property sector got quite a bit of attention. While both were eyebrow-raising, they are definitely unprecedented during these challenging, economic times. Most of these movements or policies do not affect developers, homebuyers or residents in Singapore, but they do teach us a thing or two.…
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After four attempts at a collective sale, Chuan Park condo has finally closed a deal via private treaty. The condo’s previous collective sale, which launched this year on 14 March and closed on 26 April, failed to garner any bids. Its current and final sale was brokered for 5.11% lower than its S$938m guide price, at S$890m. In…
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Buyers who need commercial real estate financing need to examine the different types of loans offered by lenders very carefully,
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A 2,745-sqft, 3-bedroom apartment at District 10’s freehold condo Tomlinson Heights has set a new record for the development when it was sold for S$10.29m (about S$3749 psf) recently. Located on a high floor with a fantastic view of Orchard Road and the city, this sale surpassed the condo’s previous record for its 3-bedders when…
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