MySgProp: 2014 Most Popular (TOP 5) Singapore Private Condo
By MySgProp.com, 08-Jan-2015
Overview of 2014 Property Market:
2014 is a tough year for Singapore property market.
While the property in most of the countries are appreciating (if not booming), Singapore property experienced a price dropped at about 5%. The cooling measure introduced by MAS (Monetary Authority of Singapore) — TDSR (total debt service ratio) since June 2013 had restricted the loan eligibility of most of the home buyers. The ABSD (Additional Buyer Stamp Duty) introduced since Dec 2011 and revised on Jan 2013, is also effectively curb the speculation and heavily reduced the buying power of many savvy investors.
The following chart tabulated the Property Price Index from 2012-2014 (Q3). Apparently, the 5% price drop is mainly from the Resale Market, the New Launches pricing is still steadily claiming up (although the sales might not great, and developer slashing the price to push up the sales). This is mainly due to the increase of the land price. Property market sentiments is glummy, however developers are still eyeing and aggressively bid on the Land released by URA as the lands are depleting in this small island, especially for the prime lands like Paya Lebar.
The following are the Top 5 Singapore projects (MySgProp.com) for the year 2014. Did you miss?
2014 Market Trend Summary:
- Home Buyers tend to move out to Suburb area, due to the affordability issue. The near-by amenities and convenient of transportation become the next key factors after the price. #Junction Nine Residences #Jewel at Buangkok #Lakeville
- 3 Out of Top 5 are located in the vicinity which undergo major Transformation planned by URA. #Junction Nine Residences #Kallang Riverside #Lakeville
- Rare, Freehold Residential at reasonable price still moving in a fast pace. #NeWest #Kallang Riverside.
- The buyers are mainly for own-stay usage. The investors had started to look into the Singapore Commercial Property.
- For Faster Capital Appreciation and Better Rental Yield return, many savvy investors had also started to open their mind and venture into Overseas Project in developing countries and yet low quantum investment #Iskandar Malaysia #Cambodia #Australia #UK Manchester #Thailand #Philipines
Last Commercial: Restaurant (#01-33): 710 sqft, S$3.003,100 mil
Last 20 Residential: 1+s fr $736K; 2 BR fr $866K; 3 BR fr $1.019 mi
Check out Star Buy (Jan, 2015)
- Rare Private Development Near to Yishun MRT
- High Population high rental demands
- Tenants Pool from KTPH, Seletar Aerospace, GEMS World Academy
- Public Transport, Shopping @ Door Step
Huge Potential with Future Shopping Mall and Integrated Transport Hub at Door-Steps.
1bed SOLD OUT!
- 250m or 3 minutes walk to Buangkok MRT, Kopitiam & 24 hrs NTUC
- Close to Hougang Mall, Compass Point, & 7 minutes to Serangoon NEX
- Surrounded by Good Schools, such as CHIJ
- Unique Dual-Level Waterscape
- < 30 minutes to MBS
FREEHOLD. MRT. LIFESTYLE HUB = Hot Selling！
Last 5 Waterfront 2 BR units!
Rare Freehold (One & Only, among the future 8 plots of GLS Land) + Waterfront Living
- First Mover Advantage: 3000 New Waterfront Homes,
- 5 mins walk to Lavender MRT; 10 mins walk to Sport Hub
- >4 million sqft of Office, Retails & Entertainment facilities @Doorstep
- Identified by URA as Key Growth Area
TOP Projects Sales in S’Pore – SEP, OCT, NOV of 2014
Mega Transformation at Jurong Lake District & Lakeside Garden
Future Singapore-KL High Speed Railway!
Only From $1,108 psf, checkout 2015 Best Buy Units!
A Right Time to Buy, Don’t miss Again!
- New Waterfront and Park Living
- Top Investment Hotspots in Singapore
- Millions Dollars view at Affordable Price Range
- Public Transportation @Door Step
Residential SOLD OUT!
Last 40 commercial units, 956 yrs
From $4200 psf
Additional 10% Disc + Rebate for SHOP & RESTAURANT
Sizes from 388 to 904 sqft, pricing fr $1.76 mil
- 956 years leasehold
- One and only plot in URA master plan zoned for mixed development in West Coast area.
- Huge land size
- Prestige living in D05, nestled within the private & landed residential enclave
By MySgProp.com, 08-Jan-2015