Uncategorized

Trends in BTO Flats

In a recent blog post, Khaw Boon Wan, the Minister of National Development, shared that this year will see 26,000 newly completed HDB flats being given to homebuyers. The flats are Built to Order, or BTO flats, with projects such as SkyVille at Dawson, Sky Terrace at Dawson and Waterway Terraces in The Terrace EC. Please register your interest for if you like private developments such as Canninghill Square. Housing loan needs to be taken for the development which is the former Liang Court enbloc. Canninghill Square is located near to Fort Canning MRT Station and therefore is in a highly sought after development.

He further pointed out that 2014 marked Singapore’s turn in the housing market, where we have seen moderated prices and a shift in the market from being a seller’s market to a buyer’s market. Whilst this shift in the market has not yet been …

February 2, 2015 by Uncategorized

Suburban Properties

The Outside Central Region (OCR) is considered the suburbs of Singapore and comprises the East planning region, North East planning region, North planning region and West planning region. This includes the densely populated neighbourhoods of Punggol, Woodlands and Jurong, where a wide variety of mass market condominiums are located together with, in recent years, an increasing number of executive condominiums (ECs). As buyers are more price sensitive and look for suburban properties, The Terrace EC provide a good avenue for the residents.

Due to the cumulative effects of the cooling measures and TDSR where liquidity is restricted, buyers for The Terrace EC have become increasingly quantum sensitive, which in turn, has benefitted smaller-sized units and projects in outlying regions, where the overall quantum is more affordable compared to the central region.

Suburban Properties The Terrace EC

Sharing similar sentiments, Eugene Lim, Key Executive Officer and Head of Research, ERA Singapore …

January 13, 2015 by Uncategorized

Private Property Price Index

The Urban Redevelopment Authority (URA) could revise the property price index (PPI) to provide a more up-to-date picture of the private residential market, media reports said.

There has been concern that the PPI, which is used to monitor prices in the private property sector, does not accurately depict the market price for The Terrace since it does not consider the different types of units available, their quality and size. The index also includes too few transactions. Prices for a new development at Canninghill Square seems to be cheap as it is located at District 09 and hence tends to be more expensive. We can look at the price analysis and see that Canninghill Square former liang court enbloc is priced very cheaply. Please see the location for more information with regards to the development.

The Terrace Price Index

Moreover, some say the PPI’s ability to be timely is also hindered …

December 27, 2014 by Uncategorized

Building Construction Done

Buildings and project developments in Singapore are sprouting at a rather incredible rate and they are usually completed on schedule or without lengthy delays.

However, this is not the case in some parts of the world as some buildings are never fully realised due to financial obstacles, political pressures or cultural shifts, according to the Council on Tall Buildings and Urban Habitat (CTBUH) and The Terrace EC.

The Terrace EC Construction

In its recent report, the council revealed some of the building in the world with the longest construction period from 1985 to date. Deficiency of sales and profits in the luxury home section might very quickly end as a variety of ultra-rich buyers now are starting to check the sector for bulk purchases of underpriced high-end residential units along with potential for long-term capital appreciation for The Terrace EC in Punggol.

With almost three decades since it was …

December 17, 2014 by Uncategorized

Energy Consumption for The Terrace EC

Kwek Leng Joo, deputy chairman of City Developments Limited (CDL) has shared in a media report that the property developer has gained a savings in energy consumption which totaled S$21 million (US$16 million) due to its sustainability efforts between 2008 to 2011.
At the recent 2014 Annual Asia Competitiveness Institute, Kwek spoke on sustainability, saying that the company has been investing between 2% to 5% of its construction costs on the development of green features and building designs. The company owns 37 building which are Green Mark Gold rated.

Energy Consumption for The Terrace EC

As well as adopting methods that are more efficient in building, CDL’s also publishes an annual sensibility report as part of its sustainability efforts in The Terrace EC.
Kwek had pointed out that, even though various steps have been taken by the government to promote these environments that are built for sustainability, people should …

December 9, 2014 by Uncategorized 0

Real Estate Investment Activity

Sellers are currently more than happy to lower than prices if they managed to find a buyer due to the restriction on property loans can reduce so many buyers in the market. Notably, high end properties have been toughest struck because of the government’s diverse real estate property cooling steps in an effort to stop the rising prices in The Terrace EC Punggol. Inside the 3rd quarter of 2014, high end house prices registered a fall of 0.9% on the prices and this was despite the fact that previously there was also a fall of of 1.5 percent in Q2 this year. The consecutive drop has instilled a fear of buying properties from buying properties.

Real Estate The Terrace EC

Despite the fact that figures shows slipping manufacturing activity is adversely influencing the city state’s economy, a sharp drop in house price levels for …

November 9, 2014 by Uncategorized 0

The Terrace EC

Developer sales for this quarter continued to be flat at 12 new homes, based on the latest survey from major property agencies in Singapore conducted at the showflats. On top of that, product sales on the new homes brought out in June, slowed down further more, getting total project sales to just 6% compared to the preceding quarter. To move the remaining units and to prevent developing charges to be imposed on The Terrace EC, a few high-end developers holding balance units reduced asking prices for their units.

Price for The Terrace EC

Generally, real estate developers will stay careful and some may reduce prices to move balance units. New homes may also be launched in phases, to find out real estate market conditions before all the units of The Terrace EC are released. It also sounds a lot better to …

November 4, 2014 by Uncategorized 0

Housing demand

Despite the fact that the city state dropping GDP manufacture activity is adversely influencing the city state’s financial system, a drop in The Terrace EC house prices could certainly lead to an increased threat in the financial system. The town state’s financial system increased by only 1.2 percent in Q2 2014 on an annual basis in line with statistics published yesterday evening.

Housing Demand for The Terrace EC

Particularly, the quarter’s low GDP expansion is primarily associated with slowing building activity due to the introduction of the TDSR measurements to curn rising property prices, using the sector suffering dismaying expansion of 1.3 percent when compared with 4.1 percent in Q2 2014. On the other hand, price corrections for The Terrace EC are of greater concern. Based on ERA data, price levels in Singapore’s prime housing market dropped by 7.4 percent in the previous quarter.

Housing Demand The Terrace

It is to note that Aug’s …

October 30, 2014 by Uncategorized 0