Property 2019: September issue
Chip Eng Seng Development, Heeton Holdings and KSH Holdings’ Park Colonial development has emerged as one of the brightest spots in Singapore’s crowded new condo launch landscape.
Lush green gardens with undertones of luxury are not just playgrounds of emperors and royalty. They are the first thing people notice upon stepping into condominium JadeScape.
BEFORE the latest round of cooling measures was introduced in July 2018, the outlook of the property market had been buoyant, with private residential prices increasing by 7.4 per cent from Q4 2017 to Q2 2018.
IN the global real estate market, super-luxury residential deals can be hard to come by, especially this year with the word "uncertainty" surrounding us - a volatile stock market, political unrest (such as Brexit) or economic stalemate (the trade conflict between the US and China).
THE first half of the year saw financial markets across the globe rallying in response to hopes of a trade war resolution between the US and China, as well as a halt in the interest rate hike by the US Federal Reserve.
LAND acquisition is subject to the vagaries of the market but come what may, real estate developers will have to acquire development sites at some stage, as replenishing land stock is critical to income sustainability.
MOST people would measure the health of the real estate market based on the direction of the price movement. However, there are other indicators, such as the transaction volume, that also shed light on market conditions.
FORMER National Development Minister Khaw Boon Wan commented in Parliament back in 2013: "If I can give you an analogy, it's like offering you a Lexus at the price of a Corolla, but only Singaporeans have this privilege for (buying it at that price).
Projects currently on the market; Possible major launches within 6 months
IN today's world where digital and mobile technologies are ubiquitous, many of us are used to the convenience that our digital devices, in particular mobile phones, bring us.
SINCE the global financial crisis in 2009, Singapore's gross domestic product (GDP) and household incomes have recovered, growing by a compounded annual growth rate (CAGR) of 4.6 and 4.5 per cent respectively over the past 10 years (2009-2018).
ANY meaningful discussion around the future of industrial and logistics real estate cannot be divorced from how consumer preferences are evolving.
AFTER achieving a five-year record high of S$1 billion in 2018, the Singapore hotel investment market has remained upbeat for 1H 2019 with four major transactions comprising a total transacted value of S$1.35 billion. Transactions in 1H 2019 include the following:
REAL estate is an often-overlooked component in the smart cities equation.
AGAINST Singapore's economic diversification efforts to shift away from an over-reliance on key industries such as manufacturing, finance and insurance, the office real estate market has also witnessed changing occupier trends in the past 10 years.