Singapore Property Daily
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Singapore Property Daily
5 Min Daily Summary of Singapore Property News
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Singapore: Predicted slow rate of home buying demand in late 2012

Singapore: Predicted slow rate of home buying demand in late 2012 | Singapore Property Daily | Scoop.it

Market watchers have warned that home buying demand for the rest of 2012 could slow, according to Channel News Asia. This is mainly because most of the repressed demand for property has been settled. With six Executive Condominium (EC) plots up for tender, analysts predicted a decrease in mass market homes.

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White Haven Properties seal the Singapore bid

White Haven Properties seal the Singapore bid | Singapore Property Daily | Scoop.it
A bid of S$301 million sealed the Singapore deal on a residential site, yesterday.

The site at Buangkok/Sengkang Central was secured by one of the five parties bidding, White Haven Properties, a unit of Singapore-listed City Developments (CDL), for US$ 235 for the 99-year leasehold site.

CDL, who are already developing H2O Residences at Sengkang are familiar with the vicinity.

In a statement CDL confirmed its plans to build a residential development of about 16-storeys if it is successful with the tender, reported Today.
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No plans to shrink HDB flats: Khaw Boon Wan

No plans to shrink HDB flats: Khaw Boon Wan | Singapore Property Daily | Scoop.it

SINGAPORE - There are no plans to shrink the size of HDB flats but future changes will depend on the size of families living here, said Minister for National Development Khaw Boon Wan.

Mr Khaw also added that the Government will be focused on maintaining a good quality of life in Singapore, a Straits Times article reported today.

The issue of flat sizes has become hot topic in recent years, with many Singaporeans expressing concern that they will have to eventually live in 'shoebox' apartments because of high property prices and space constraints.

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Interest in mixed-use en-bloc developments picking up analysts - Channel NewsAsia

Interest in mixed-use en-bloc developments picking up analysts - Channel NewsAsia | Singapore Property Daily | Scoop.it
Experts have said that interest in mixed-use en-bloc developments - especially those in the outer regions - is fast picking up.
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Thinking outside the shoebox

Thinking outside the shoebox | Singapore Property Daily | Scoop.it

However, it is clear high property prices have resulted in private developers in Singapore finding novel solutions for those wanting to buy their first property by offering shoebox apartments. So is it really inhumane to live in such small boxes, as what CapitaLand’s CEO Liew Mun Leong suggests?

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Launch of two freehold condominiums

Launch of two freehold condominiums | Singapore Property Daily | Scoop.it
Two freehold condominiums are being launched on Saturday amid a lull in the market, which are expected to give a gauge of the buying interest.
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Singapore private home sales plunge 32% in May 2012

Singapore private home sales plunge 32% in May 2012 | Singapore Property Daily | Scoop.it
New private home sales in Singapore fell 31.6 per cent on-month in May to 1,702 units, according to data released on Friday by the Urban Redevelopment Authority. Sales volume fell across all three market segments, marking the lowest sales volume achieved this year.

Eugene Lim, key executive officer at ERA, said: "We cannot interpret that (May's) dip in sales will mean that the market is on the decline. I think the market is taking a breather because we had three to four months of blistering pace in new home sales.

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Clouds clear for property developers

Clouds clear for property developers | Singapore Property Daily | Scoop.it
SINGAPORE - Barely a month ago, developers were still bogged down by worries that persistently strong property data could trigger more government measures to cool the housing market.

But now, these concerns seem to have dissipated quickly, with at least one research house upgrading its rating to "buy" for developer stocks and economists expecting the construction sector to continue its growth momentum after a surprisingly strong showing in the first three months of the year.

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HDB resale prices up 2 per cent over 2 months

HDB resale prices up 2 per cent over 2 months | Singapore Property Daily | Scoop.it
The median resale price of an HDB flat is now $438,800, up from $430,000 in the first quarter of the year.
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Mobile next battlefield for online property search

Mobile next battlefield for online property search | Singapore Property Daily | Scoop.it
More people in Southeast Asia turning to mobile for property-related online searches, which is why it is vital for real estate agencies to develop a mobile strategy to address this trend, market players urge.
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Shoebox units add diversity, says analyst

Shoebox units add diversity, says analyst | Singapore Property Daily | Scoop.it
Shoebox units add diversity, says analyst - Read latest news on property auctions at Singapore with details on property investment, property management and many more at PropertyGuru, Singapore.
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Cooling measures loom as resale home prices rise

Cooling measures loom as resale home prices rise | Singapore Property Daily | Scoop.it
Both private and public resale homes have attracted higher prices in the past two months, a report has shown, stoking concerns that more cooling measures might be on the cards.
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