On April 12, the Urban Redevelopment Authority (URA) announced its housing development in Greater Southern Waterfront. When completed, the existing 48-hectare land of the Keppel Club will have a total of 9,000 residential units, including 6,000 public housing flats and 3,000 private residential units. Property consultants know better than HDB and URA? Real estate … [Read more...]
Property news? Always question what they tell you
Have you read this week’s property news about sales of JadeScape on the first weekend? It is interesting to see an unanimous celebratory mood in the headlines and content across similar articles in The Straits Times, Business Times, The New Paper, PropertyGuru, iProperty, EdgeProp and Yahoo News. Strong sales, encouraging results, market confidence and new benchmark are … [Read more...]
How FOMO in the past becomes a regret today
The most shocking news this week is the sudden announcement of Malaysia to terminate the Kuala Lumpur-Singapore High Speed Rail (HSR) project. When Dr Mahathir declared that "Malaysia's decision to scrap the HSR project is final", his words immediately shattered the dreams of developers and home buyers who place high hopes on the value appreciation of properties near the … [Read more...]
Is Jurong Lake District the next hotspot for property hunting?
I have to admit that Prime Minister Lee Hsien Loong’s 10th National Day Rally speech failed to get my attention the whole time. But the moment when I heard our PM said "I thought tonight I should show ... Jurong Lake - at sunset", my heart immediately skipped a beat. He devoted a big part of his speech to paint a heavenly picture of the Jurong Lake District, followed by all … [Read more...]