Posted on May 13, 2008 by lushhomeonline
Number of foreign purchases fall; many buying homes in suburban areas
HIGH-END homes have become the first to buckle under the pressure of volatile market conditions and gloomy buyer sentiment.
Prices of luxury developments dipped in the first three months of this year, even as foreign buyers - a traditional source of demand for such properties - [...]
Filed under: Foreigners, General, Luxury Property, Market Reports, Rental | Tagged: Ardmore Park, Foreign Buyers, Foreigners, Property Prices, Singapore Luxury Homes, Singapore Property, Singapore Rental Market, St Regis Residences | No Comments »
Posted on May 11, 2008 by lushhomeonline
Forget the red-light district.
The way rents are going, Geylang is now the red-hot district.
The demand for properties between Lorong 1 and 25 is so hot that rents have shot up, and some long-time businesses are being forced to move out.
One such casualty is the famous Tanjong Rhu Pau.
It had to give up its lease for [...]
Filed under: General, Rental | Tagged: Coffee Shop, Geylang, Rental | No Comments »
Posted on May 8, 2008 by lushhomeonline
Tenants at the new Galleria see red over low traffic and sales that barely cover rent
FED-UP tenants at the posh new Galleria area of Suntec City Mall say shopper traffic is so low that they can barely cover the rent. Yet, they say, the landlord has not done much to help them out.
Ten tenants, including [...]
Filed under: General, Office / Retail Space, Rental | No Comments »
Posted on May 4, 2008 by lushhomeonline
Flats much sought after because of spillover demand from private homes market, but agents say rents are unlikely to rise much more
The rental market for Housing Board flats remains hot, with rents up in the first quarter as more home owners apply for permission to rent out whole flats.
Rents for some executive flats in Queenstown [...]
Filed under: General, HDB News, Rental | Tagged: HDB, HDB News, HDB Rental | No Comments »
Posted on April 17, 2008 by lushhomeonline
SINGAPORE is the ninth most expensive place to rent a three-bedroom apartment, according to a survey.
Rents surged by 33 per cent last year, boosted by companies expanding operations at a time of limited supply of property, said the survey report, which was released yesterday.
A three-bedroom unit in popular expatriate areas such as Orchard Road costs [...]
Filed under: General, Market Reports, Rental | Tagged: Rental Prices, Residential Rental, Singapore Property Market | No Comments »
Posted on April 17, 2008 by lushhomeonline
But Republic still competitive for firms moving staff into region: ECA
SINGAPORE’S residential rental rates for a three-bedroom apartment have increased by 33 per cent over a year - from 2006 to 2007.
This makes Singapore the fifth most expensive location in terms of residential rentals in Asia and ninth globally, according to a recent survey by [...]
Filed under: General, Market Reports, Rental | Tagged: Rental Prices, Residential Rental, Singapore Property Market | No Comments »
Posted on April 8, 2008 by lushhomeonline
Foreigners could be switching from leasing to buying property, says Savills Singapore
Residential leasing transactions have stagnated in the past two years after falling from a recent high of 33,874 in 2005.
According to an analysis of Urban Redevelopment Authority data by Savills Singapore, transactions were about 15 per cent lower at 28,928 in 2006 and 28,893 [...]
Filed under: Foreigners, General, Market Reports, Rental | Tagged: Buy or Rent, Expatriates, Expats, Foreigners, Home Leases, Home Rental, Rental Market, Singapore Property | No Comments »
Posted on April 8, 2008 by lushhomeonline
8.4% surge driven by banks with eye on private wealth management in Asia
OFFICE rents in Singapore continued to power ahead in the first quarter of this year, despite a slowdown in the US economy and possible fallout for Asia.
According to a Jones Lang LaSalle (JLL) report, the CBD core Grade A gross effective office rent [...]
Filed under: General, Market Reports, Office / Retail Space, Rental | Tagged: Grade A Office, Office Rental, Office Space, Rental Growths, Singapore Office | No Comments »
Posted on April 8, 2008 by lushhomeonline
But analysts say some cities, including S’pore, may see slowing rental growth, reports UMA SHANKARI
BUOYED by limited office supply in some cities and high GDP growth, all major office markets in Asia are expected to see rental growths in 2008, but the pace of growth will vary from city to city, property analysts say.
‘Across the [...]
Filed under: General, Market Reports, Office / Retail Space, Rental | Tagged: Asia Office, Office Rental, Office Space, Rental Growths, Singapore Office | No Comments »
Posted on April 3, 2008 by lushhomeonline
Rentals for HDB and mass market private apartments are set to rise in the coming years, with more foreign workers heading for Singapore.
Property agents expect rents to climb by about 10 percent this year.
They say HDB flat-owners could gain from the spike in demand.
Singapore’s two integrated resorts will be ready in the next two years.
Besides [...]
Filed under: General, Market Reports, Rental | Tagged: Home Rental Outlook, Rental, Singapore Property | No Comments »
