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Economic News Stinks, Rentership is Rising, Rates on Track to Remain Low, And Real Estate?August 31st, 2010 Wall Street may be happy. After all profits are up and rising. However, for those of us in the real estate business exactly where are we. The good news is that rates are stuck in low gear and likely to stay there for the next 12 months. The economies resistance to revival […] Click to continue »Rise of Super High-End Luxury Property Creates Head Room For Mid-End Luxury MarketAugust 30th, 2010 Mid-end luxury markets are properties that are usually located in the outer central region. They are normally located outside the boundary of the District 9, 10, or 11. The present market value of the mid-end luxury market properties ranges from $1,100 to $1,500 psf. However, it would be difficult for this […] Click to continue »Mass Market Versus High End MarketAugust 29th, 2010 Expensive amenities such as the port access, private lift lobbies, golf clubs, infinity pools, and private lift lobbies could add to the value of the high-end property. Super high ceilings, security services, and near to expatriates’ schools are the common services offered by high-end properties targeting the foreign investors. Expatriates would […] Click to continue »High End Luxury Market Property OutlookAugust 28th, 2010 There is a possibility that the high-end luxury market will soften soon. The government might be expressing its fear on the downward trend of the high-end luxury market demand because the government was quite fast in sending out press releases that the high-end market luxury prices in Singapore are still a […] Click to continue »Relationship of Household Income to DemandAugust 27th, 2010 Couples with household income of $8,000 are not eligible for HDB subsidized property prices. Assuming that couples belonging to the average household income computed at $8,000 would like to buy a condominium property. They need to have a Cash-over-valuation amount to help them pay the down payment. This is true only […] Click to continue » |
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