Property news summary: 16th to 31st Oct 2011

1) Property Market Activities

New private home sales hit high for year (ST, 18 October 11)
New private home sales rocketed to 1,621 units in September, 21% more than that in August. Suburban homes continue to drive market activity. In particular, Sim Lian’s A Treasure Trove, located near Punggol MRTstation, sold 683 units in September at an average price of $915 psf. Other mass market projects such as EuHabitat and the Boathouse Residences also saw healthy sale figures.

Property news summary: 1st to 16th Oct 2011

1) Property Market Activities

Mass-market condo prices rise again in Q3 (BT, 4 October 11)
Prices of HDB resale flats and mass-market private condominiums climbed in 3Q2011. URA estimates showed that the overall private home price index rose 1.3% QoQ in 3Q2011, slower than the 2% QoQ increase in 2Q2011.

Nine units sold in Hijauan on Cavenagh (BT, 4 October 11)
Selangor Dredging Berhad (SDB) has sold nine apartments in its 41-unit Hijauan on Cavenagh over the past two weeks. Eight units were sold to Malaysian buyers and one was bought by a Singaporean purchaser. SDB bought the site for $42.4mil in July 2010 in a collective sale. The apartments at the high-end freehold project are priced from $2,200-2,500 psf.

For Sale: 3 bedroom unit in Cairnhill Mansions (D09)

Up for sale is a 2,024sqft unit in Cairnhill Mansions. Located along Cairnhill Road, the site is considered as a super prime and luxury site due to its close proximity to Orchard Road.

See exact location here.

The condo is up for collective sale at the moment.

Potential to reap good rewards within a short period of time.

This will be a sale with tenancy.

Asking price: SGD$3.95 million

Call Jack @ +65-9337-8483 for a discussion now!

For Sale: Shop unit in Sim Lim Tower (D08)

Up for sale is a shop unit in Sim Lim Tower. Good regular layout.

See exact location here.

Just outside CBD.
En bloc potential.
Situated on 3rd floor.
Near to escalator.
Walking distance to Little India & Bugis MRT.

Suitable for office & retail operations.

Size: 376 sqft

Asking price: SGD$680,000

Call Jack @ +65-9337-8483 to arrange for viewing now! 

For Sale: 3 bedroom unit in Pacific Mansion (D09)

Up for sale is a very high floor 3 bedroom unit in Pacific Mansion. It sits on a big site in prime River Valley and has potential for en bloc sale. In fact, signature gathering is in process.

See exact location here.

Condition of the unit is still quite good despite its age.

1,528sqft with 3 good sized bedrooms.

Just beside River Valley Primary School and within walking distance to Orchard & Somerset.

Asking price: SGD$2.28m

Call Jack @ +65-9337-8483 to arrange for viewing now!