Property KopiTalk

The prices of private homes and HDB resale flats continued to climb in Q3 2021 according to the flash estimates released today.

The healthy sales volumes – in particular, the HDB resale market and private landed homes – have helped to support prices during the quarter.

The resiliency in prices is as expected with the strong demand for resale and new homes.

https://www.propnex.com/news-details/4571/singapore-private-home-price-and-hdb-resale-price-indices-sets-new-peaks-in-q3-2021

Singapore Private Home Price And HDB Resale Price Indices Sets New Peaks In Q3 2021  01 October 2021, SINGAPORE – The prices of private homes and HDB resale flats continued to climb in Q3 2021 according to the flash estimates released today. The healthy sales volumes – in particular, the HDB resale market and private landed homes – have helped to support prices during the qu...

Overall private new home sales bounced back in July 2021 compared to the previous month, despite Singapore entering the second round of Phase 2 Heightened Alert from 22 July to 18 August.

Developers sold 1,589 new private homes (excluding Executive Condos) in July 2021 – almost twice the 872 units transacted in the previous month where sales volume hit a low due to the absence of new launches. When compared to July 2020 – new home sales last month were 46.7% more than the 1,083 units transacted then.

The sales in July recorded the second highest month of sales in 2021, after January 2021 where 1,633 homes were sold. During the month of January, sales was boosted by two new launches, namely mega project Normanton Park and The Reef at Kings Dock where 622 and 210 units were sold respectively.

https://www.propnex.com/news-details/4431/private-home-sales-in-july-2021-bolstered-by-exuberant-suburban-sub-market

"The construction industry’s challenges could continue for the rest of the year at least, despite support from the Government, trade associations and banks. This is expected to continue fueling demand and pushing property prices up, experts said."

https://www.straitstimes.com/singapore/property-price-rises-construction-delays-could-last-for-rest-of-year-survey-finds

Property price rises, construction delays could last for rest of year, survey finds . Read more at straitstimes.com.

𝐀𝐧𝐨𝐭𝐡𝐞𝐫 𝟐 𝐫𝐞𝐜𝐨𝐫𝐝 𝐡𝐢𝐠𝐡 𝐩𝐫𝐢𝐜𝐞𝐬 𝐚𝐜𝐡𝐢𝐞𝐯𝐞𝐝 𝐟𝐨𝐫 𝐨𝐮𝐫 𝐬𝐞𝐥𝐥𝐞𝐫𝐬!!🎉🎉

Big thanks to our sellers for giving us the exclusivity to market their houses!

With their trust, we are able to hold onto the buyers with a piece of mind and negotiate record high prices for our sellers!

With the latest GLS concluded at record prices, what does it say about the property prices?

PM us to find out more!

The optimism of developers continues.
It will only equate to higher selling prices in future.

Are there still opportunities in today's market then?
PM us to find out more!

https://www.businesstimes.com.sg/real-estate/guocoland-top-bidder-for-lentor-central-plot-tampines-ec-site-sets-price-record?utm_source=emarsys&utm_medium=email&utm_campaign=BT_Breakfast_Brief&utm_term=GuocoLand+top+bidder+for+Lentor+Central+plot%3B+Tampines+EC+site+sets+price+record&utm_content=23%2F07%2F2021

GuocoLand top bidder for Lentor Central plot; Tampines EC site sets price record RESIDENTIAL land prices continue to rise, reflecting developers' optimistic outlook on private home prices and continuing hunger for land, going by the latest state land tender closings. Read more at The Business Times.

𝗥𝗲𝗳𝗲𝗿𝗿𝗮𝗹 𝗶𝘀 𝘁𝗵𝗲 𝗕𝗘𝗦𝗧 𝘁𝗲𝘀𝘁𝗶𝗺𝗼𝗻𝗶𝗮𝗹 !
An exclusive signed this morning referred by a client who has successfully upgraded from HDB to a bigger Condo.
This new client told me "𝐈 𝐚𝐦 𝐢𝐧𝐬𝐩𝐢𝐫𝐞𝐝 𝐛𝐲 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮 𝐝𝐢𝐝 𝐭𝐨 𝐦𝐲 𝟏𝟎 𝐲𝐞𝐚𝐫𝐬 𝐟𝐫𝐢𝐞𝐧𝐝! 𝐈 𝐝𝐢𝐝𝐧'𝐭 𝐤𝐧𝐨𝐰 𝐮𝐩𝐠𝐫𝐚𝐝𝐢𝐧𝐠 𝐜𝐚𝐧 𝐛𝐞 𝐬𝐨 𝐞𝐚𝐬𝐲!"

Be debt free vs making money work harder.
https://dollarsandsense.sg/not-rushing-pay-back-housing-loan-using-cpf-savings/

Why You Should Not Be Rushing To Pay Back Your Housing Loan Using Your CPF Savings Housing loans are one of the best loans you can take and there is no need to use your CPF savings to pay down the loan in advance

https://www.businesstimes.com.sg/brunch/from-condo-flippers-to-homebuyers-are-buying-patterns-shifting-for-foreigners-in-singapores?xtor=EREC-16-1[BT_Newsletter_1]-[20201114]-[From+condo+flippers+to+homebuyers%3A+Are+buying+patterns+shifting+for+foreigners+in+Singapore%27s+real+estate%3F]&xts=538380

From condo flippers to homebuyers: Are buying patterns shifting for foreigners in Singapore's real estate? FOREIGN buying has always been a major force driving real estate markets across the world, and Singapore is no exception. But increasingly, many in the property sector are observing that more foreign buyers now see their Singapore residential property as a home rather than just a quick flip. Read mo...

𝗨𝗽𝗴𝗿𝗮𝗱𝗶𝗻𝗴 𝗪𝗶𝘁𝗵𝗼𝘂𝘁 𝗧𝗼𝘂𝗰𝗵𝗶𝗻𝗴 𝗦𝗮𝘃𝗶𝗻𝗴𝘀 𝗜𝘀 𝗡𝗼𝘁 𝗔 𝗠𝘆𝘁𝗵.

Received a call on 28th of Oct and met up with client the next day to discuss about their upgrading plans.
We understood their needs and provided a few options for them to consider.
Fast forward 𝟮 𝘄𝗲𝗲𝗸𝘀 later, the upgrading process was done with their flat 𝘀𝗼𝗹𝗱 𝗮𝘁 𝗿𝗲𝗰𝗼𝗿𝗱 𝗽𝗿𝗶𝗰𝗲 and their next dream home is purchased.

Besides not touching any of their cash savings, we also managed to help the client set aside an 𝗲𝗺𝗲𝗿𝗴𝗲𝗻𝗰𝘆 𝗿𝗲𝘀𝗲𝗿𝘃𝗲 𝗳𝘂𝗻𝗱𝘀 𝗼𝗳 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 $𝟭𝟮𝟬,𝟬𝟬𝟬!

It is definitely possible! Let us show you how it is done!

Early morning appt. 😁

https://www.straitstimes.com/business/property/hdb-resale-prices-rise-for-4th-month-in-october-13-million-dollar-flats-sold-srx?utm_medium=Social&utm_campaign=STFB&utm_source=Facebook =1604548867

HDB resale prices rise for 4th month in October; 13 million-dollar flats sold: SRX SINGAPORE - While Housing Board (HDB) resale volume dipped in October compared to the previous month, prices continued to rise, indicating that demand remained relatively robust amid the Covid-19 pandemic.. Read more at straitstimes.com.

https://www.straitstimes.com/business/property/tenders-for-tanah-merah-kechil-link-and-yishun-ec-sites-closed-with-bids-above?fbclid=IwAR0QudYPNCDJmTXvNh-T1vDPKwFh7aZMvPtwpnamWvuj-Kh57b0e8Qu7U4I

Tenders for Tanah Merah Kechil Link and Yishun EC sites closed with bids 'above expectations' SINGAPORE-The tenders for two confirmed residential sites under the Government Land Sales (GLS) programme for the first half of the year, which attracted keen bids, were closed on Thursday (Oct 29).. Read more at straitstimes.com.

https://www.businesstimes.com.sg/real-estate/september-home-sales-up-56-from-august-1329-units-sold-the-highest-in-over-2-years?utm_medium=social-organic&utm_source=Facebook&fbclid=IwAR1B7tE2LlFeyD8fIfbJYXI5J035x9tZw_PvqrOzrpaVGbGOOHjDf4utCYg =1602804269

September home sales up 5.6% from August; 1,329 units sold the highest in over 2 years DEVELOPERS in Singapore sold 1,329 new private homes in September, 5.6 per cent more than the 1,258 units in August with affordable homes making up the bulk of sales. Read more at The Business Times.

https://www.straitstimes.com/singapore/golden-mile-complex-to-be-conserved-with-incentives-to-attract-developers-in-future-en?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_AM&utm_term=Golden+Mile+Complex+to+be+conserved%2C+with+incentives+to+attract+developers+in+future+en+bloc+sale%3A+URA&utm_content=10%2F10%2F2020

Golden Mile Complex to be conserved, with incentives to attract developers in future en bloc sale: URA Developers have to retain the landmark main building that is famed for its signature stepped terrace atop the podium facing Nicoll Highway.. Read more at straitstimes.com.

https://www.todayonline.com/8-hdb-resale-units-changed-hands-least-s1-million-september-srx?cid=emarsys-today_TODAY%27s%20morning%20briefing%20for%20Oct%209,%202020%20%28ACTIVE%29_newsletter_09102020_today

8 HDB units changed hands for at least S$1 million in September as resale market remains buoyant SINGAPORE — Even as Singapore is experiencing its worst economic downturn, eight government-built flats still sold for above S$1 million in the resale market in September.

Still wondering on the sideline?
Speak to us to find out how you can enter the market in the safest possible way.

https://www.businesstimes.com.sg/real-estate/strong-condo-sales-targeting-hdb-upgraders-will-likely-sustain-momentum-dbs?utm_source=emarsys&utm_medium=email&utm_campaign=BT_Newsletter_Debrief&utm_term=Strong+condo+sales+targeting+HDB+upgraders+will+likely+sustain+momentum%3A+DBS&utm_content=29%2F09%2F2020

Strong condo sales targeting HDB upgraders will likely sustain momentum: DBS THERE may be a broader trend of HDB upgraders recycling their public housing flats into private homes given the robust sales volumes at recent private residential projects, particularly that of Penrose. Read more at The Business Times.

Work in progress

https://www.businesstimes.com.sg/government-economy/covid-catalyst-spurs-firms-to-transform-and-thrive-chan?xtor=CS3-27

'Covid catalyst' spurs firms to transform and thrive: Chan THE Covid-19 crisis has been a "Covid catalyst" for digital transformation, showing that it will allow firms to not only survive but thrive in a crisis, said Minister for Trade and Industry Chan Chun Sing on Tuesday. Read more at The Business Times.

https://www.businesstimes.com.sg/real-estate/market-share-gains-give-propnex-ringside-seat-in-buoyant-home-sales-market

𝐒𝐞𝐥𝐥 𝐦𝐲 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐚𝐭 𝐦𝐲 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐩𝐫𝐢𝐜𝐞 𝐢𝐧 𝐎𝐍𝐄 𝐌𝐎𝐍𝐓𝐇 ! - 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝐚𝐜𝐜𝐞𝐩𝐭𝐞𝐝!

We gladly accepted the challenge and worked hard to craft out unique strategy to get this unit sold at Seller's expected price within a month!

Before engaging Alvin Koh as the exclusive agent, Desmond had about 7 - 8 agents marketing his unit for half a year with 𝐍𝐎 𝐎𝐅𝐅𝐄𝐑𝐒 𝐀𝐓 𝐀𝐋𝐋.

We are truely blessed to be given this opportunity and we are glad to have repaid Desmond for his trust by delivering the results that he wanted. 🙏

Your friends may be in the same situation as Desmond too.
Share our post to connect us and challenge us to deliver result within 𝐎𝐍𝐄 𝐌𝐎𝐍𝐓𝐇 ✌.

https://youtu.be/MNZaSqRXlnA

Client's Testimonial - Desmond Desmond's unit had been in the market for about 6 months, marketed by 7-8 agents. I still remembered what I told him when we first met. "Your flat should not...

https://www.businesstimes.com.sg/lifestyle/feature/singaporeans-are-you-happy-0?xtor=CS3-27

Singaporeans, are you happy? IN 2019, TEDxSingapore held a conference to examine the happiness of Singaporeans. It conducted a straw poll among its roughly 140 participants to ask how happy they were. The participants scored an average of 7.6 out of 10 on the happiness scale - with several participants putting their happiness l...

Despite the lunar 7th month, new sales record achieved.

https://www.edgeprop.sg/property-news/1256-private-new-homes-sold-august-highest-11-months?utm_source=facebook&utm_medium=dlvr.it&utm_campaign=contentdistribution&utm_content=https%3A%2F%2Fwww.edgeprop.sg%2Ftep-solr%2Fapi%2Farticles%2FgetArticlesRssNew.php

August sees 1,256 private new homes sold, highest in 11 months Private home sales have bucked the trend in August, despite the economic downturn and the Hungry Ghost Festival to hit 11-month high. Developers sold 1,256 units in August, an increase of 11.8% y-o-y.

[𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗡𝗲𝘄 𝗛𝗼𝗺𝗲𝘀 𝗦𝗮𝗹𝗲𝘀 𝗦𝘂𝗿𝗴𝗲 ↗️]

The sales have reached 4 𝗰𝗼𝗻𝘀𝗲𝗰𝘂𝘁𝗶𝘃𝗲 months of 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴 purchases.

This has even exceeded last year August 𝐁𝐞𝐟𝐨𝐫𝐞 𝐜𝐨𝐯𝐢𝐝 𝟏𝟗 𝐡𝐚𝐩𝐩𝐞𝐧𝐞𝐝

Why is this so? Is everyone all silly to buy? I don't think so..

Or is it just pent-up demand due to covid? Certainly not due to just that, because it is already 4 consecutive months of Increasing sales.

What's more, majority of buyers are 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲𝗮𝗻𝘀

Contact us for a 𝙁𝙧𝙚𝙚 𝘿𝙞𝙨𝙘𝙪𝙨𝙨𝙞𝙤𝙣