Centrium-Freehold property in Little India..is it worth buying?


INTRODUCING CENTRIUM SQUARE An exciting new mixed-use integrated commercial development in a prime location on Serangoon Road. With its bold, vibrant, contemporary design, it offers high specifications office spaces and modern medical suites all complemented by attractive shops and restaurants. Centrium Square provides the ideal setting for your business to excel within the best possible…

Removing Cooling measures?


PHOTO: BERITA HARIAN Home Affairs and Law Minister K Shanmugam mentioned in the Strait Times about the Cooling measures (http://str.sg/Z94K). He didn’t commit the timeline,and rightfully so, as he’s not the Minister in charge(the Ministry of National Development is). But I am sure he does have an overview of what is happening, being an astute…

Will the Real Estate Market crash in Singapore?


I read with interest about Finance Minster Tharman Shanmugaratnam take on a possible market crash in Singapore. He’s quite sure it will not happen. He gave very sound reasons to back him up..but he’s only 50% correct..It can also turn the other way around. Let’s examine what has happened so far. With an onslaught of…

O$P$-Uniquely Singaporean Problem


This problem of illegal loansharks have been a constant headache not just for the borrowers but also the neighbours as well. Especially when it comes to selling their homes. Imagine if you are a buyer and this scene greets you when you come for a viewing. It’s an immediate turn-off and drives away good prospects….

Property outlook for 2013


Just as I was going to write about the outlook for 2013,with an expected cooling measures,an unexpected thing happen on Jan11th. It’s a bombshell for the PRs(Permanent Residents) mainly. For their 1st property they now have to pay an additional 5%  buyers stamp duty(ABSD). This hardly puts a dampener on new projects as there are…

Will HDB sales of $1million be the norm?


Reports of 3 houses hitting the $900k mark has sparked new apprehenSion whether that will be the norm. Here’s why I don’t think HDB homes won’t cross the $1 Million mark. At least not yet. The bumper crop of BT0s will stabilise the market in 2 to 3 years. Prices have started bottoming out..valuation &…

Interview on TV


So i got interviewed on Vasantham Express..Great experience..Actually there was not enough time to explain a lot more details, so here’s my take of the outlook for property market. First and foremost, to describe the market, is an uphill task. How would you explain the throngs of people buying condo units at showrooms? BTOs are…

Private homes sales expected to rise even further


Sales of residential private housing in the first half this year are set to beat the second half of 2010. But analysts said that will not prompt the government to introduce more property cooling measures in the short term. However, they noted that the last round of cooling measures may have had an unintended effect…