Month: December 2016

Smaller homes in Hong Kong

My Exclusive Condo Buyer & Seller Must Know

The Surging Trend Of Building Ever Smaller Homes By Hong Kong Developers: Buyers, Take Heed!

 

Hong Kong developers were known for building larger flats in the past, but right now, they’re rushing to building ever tinier homes. There is an old-age saying that “small is beautiful”, which suggests the reason why some people choose smaller homes; but in the case of these Hong Kong developers who have now adopted the idea of building ever smaller apartments, this saying could be rephrased by investors as “small is ugly”.

 

Smaller home in Hongkong

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The Price Of A Property In China Skyrockets

My Exclusive Condo Buyer & Seller Must Know

The Price Of A Property In China Skyrockets

 

The price of owning a property in China has increased rapidly in the recent months. In September this year, the price of an average property increased to about 11% in the major cities in China. This was according to National Bureau of Statistics in China. Meanwhile, in the province of China in Hefei the capital of Anhi, the price of property increased to about 47% and same was the case in Beijing which increased to 28%.

 

Property In China
Property In China

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Developers hold firm despite fast-approaching ABSD deadline

My Exclusive Condo Buyer & Seller Must Know
ABSD Remission Rule
ABSD is levied on developers if they did not sell all their units within the first five years from purchasing the residential land

Developers hold firm despite fast-approaching ABSD deadline

 

It is a crisis time for property developers as they face a strict deadline of completing and selling all their units at their residential projects that is due by next year. Developers who failed to sell all their apartment units within the first 5 years of purchasing the residential plot will be charged with Additional Buyer Stamp Duty (ABSD).

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The Housing Supply – Surplus or Shortage?

My Exclusive Condo Buyer & Seller Must Know
Surplus or Shortage
Surplus or Shortage

The Housing Supply – Surplus or Shortage?

 

Depending on who you speak to, or which articles you read, there are differing opinions on the state of the housing market in Singapore, specifically in terms of whether there is a housing shortage or if in fact we have a glut. So both arguments can’t be right, or can they? Here we examine both sides of the story.

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Margaret Drive Land Parcel

My Exclusive Condo Upcoming Development Plan
Actual Site of Margaret Drive Condo
Actual Site of Margaret Drive Condo

 

 

A piece of residential land parcel at Margaret Dive was released for Government Land Sales (GLS)  by URA (Urban Redevelopment Authority) in November, 2016.

 

 

Margaret Drive - Land Parcel Details
Margaret Drive – Land Parcel Details

 

 

The site area that measures about 4809 square metres holds a lease period of 99 years and will be used to construct a residential development. It is estimated that there will be 275 residential units within the development.

 

 

 

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Singapore’s Most Stylish Neighbourhood – And It Isn’t What You Would Expect

My Exclusive Condo Buyer & Seller Must Know
Siglap Drive & Frankel Avenue
Siglap Drive & Frankel Avenue

Singapore’s Most Stylish Neighbourhood

When it comes to Singapore’s coolest, hippest neighbourhood, there are always the same usual suspects that trip of the nation’s collective tongue: Tiong Bahru, Keong Saik, Everton Park, Jalan Basar and Kampong Glam’s Haji Lane. There is another one however, one that has kept itself to itself, and has been more than happy to fly under the radar. That place is Siglap, and despite its lack of appearances and mentions in “Singapore’s top 5…” lists it has more than enough style, hip and downright cool to give those that do feature, a run for their money.

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