iProperty.com just conducted a property market survey. The results show that '62% of Singapore survey respondents indicated that they were in the market to purchase a property in the next six to twelve months'. There's a catchy headline that says 'nearly two thirds of Singaporeans in the market to purchase property in the next 12 months'. If you read further, … [Read more...]
Wow, what a name for a home
All parents think that their children are special. Inspired by Hollywood celebrities, more Singapore parents are giving their newborn a 'unique name'. Similarly, property developers in Singapore are catching up with unique names for their development. Gone are the days when you can easily associate a condo's name with its location and built-up --- two words usually … [Read more...]
Getting a good bargain
Hubby asked me what I’d like to have for my coming birthday. In the past year I haven’t got anything for my birthday, Christmas and wedding anniversary. With pregnancy and a newborn, we were too occupied to shop for presents. "Just go and get anything nice," he said. Then he suddenly recalled, "Do you need to upgrade your car? The latest model of your dream car is in … [Read more...]
Residence of the heavenly king
Last week I visited Hong Kong with my daughter. A friend kindly let us stay with her for a few days. Her home is at Manhattan Hill, a high-rise development located in West Kowloon. There are five 62-storey towers, totaling 1,115 units. The 5-year-old project was built by Sun Hung Kai Properties, the largest developer in Hong Kong. It's convenient. Next to the front … [Read more...]
The dilemma of foreign ownership
Just read the news article "Landed property – fewer foreigners to get approval" in last week's TODAY. Our Law Minister expects approved purchases of landed property by foreigners to be reduced by half. 'Foreigners' are confined to Permanent Residents only. The current foreign ownership is 3.5 percent (below the target of less than 5 percent). Under the Residential … [Read more...]