October 25, 2008
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A Singapore Real Estate Digest by Justin Ng
October 2008 Edition
Latest Singapore Property Market News
Singapore\’s Q3 private home prices down 2.4% on quarter
SINGAPORE:
Private home prices in Singapore came in weaker than expected for the
third quarter, dropping by 2.4 per cent - worse than an earlier
estimate of 1.8 per cent. The quarter-on-quarter drop was the first
decline in more than four years.
Data
from the Urban Redevelopment Authority (URA) showed prices fell across
the board, with prices for high-end homes in prime areas seeing the
biggest drop of 2.7 per cent.
Read More…
September figures show continued softness in private home sales
SINGAPORE: Sales of private homes in Singapore improved 17.5 per cent in September, compared to the previous month.
But analysts said the pickup fell short of expectations, given the low base in August caused by the Hungry Ghost Festival.
The seventh month of the Lunar calendar is traditionally regarded as an
inauspicious period and buyers usually refrain from making purchases
during that time.
Almost 300 per cent more units were launched for sale in September,
compared to August.
Property developers sold 376 units in September, just 51 units more
than the preceding month. Nonetheless, some analysts see something to
cheer about in the data.
Read More…
Featured: Sim Lim Square Units for Sale
Sim
Lim Square, commonly referred to as SLS, is an established 390,000
square feet (36,000 m2) commercial shopping centre specialising in
electronics and IT Products in Singapore, and is generally regarded in
modern day Singaporean culture as perhaps the most established “IT
mall” compared to its closest competitors. Popular with both tourists
and locals, CNET Asia has called it the “electronics hub of Singapore”.
There
are currently 3 shop/retail space with good frontage for sale with
tenancy. Please kindly contact Justin @ 91029456 if you are keen to
explore further.
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About Justin Ng
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September\’s Property Transactions
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| Flat Type |
Units Sold |
| 4 Room |
922 units |
| 3 Room |
692 units |
| 5 Room |
689 units |
| Condominium |
472 units |
| Apartment |
241 units |
| Executive |
191 units |
| Terrace House |
75 units |
| Executive Condominium |
49 units |
| Semi-Detached House |
36 units |
| Detached House |
21 units |
| 2 Room |
18 units |
| HUDC |
6 units |
| 1 Room |
1 units |
| Multi-generation |
1 units |
| HDB Town/Estate |
Units Sold |
| Woodlands |
228 units |
| Tampines |
197 units |
| Jurong West |
180 units |
| Sengkang |
148 units |
| Ang Mo Kio |
143 units |
| Bedok |
140 units |
| Yishun |
132 units |
| Choa Chu Kang |
124 units |
| Hougang |
114 units |
| Bukit Batok |
114 units |
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Singapore Property Trend - Past Transactions
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DISCLAIMER:
The information is provided at JustinngProperties.com\’s sole discretion
for general information only. It shall not be used for entering into
any sale and purchase agreement nor for any other purpose (including
commercial purposes). You agree not to hold JustinngProperties.com
liable for any damage or loss that you may be exposed to and shall
indemnify JustinngProperties.com for any claim or loss which you may
suffer as a result of accessing or using this free website and tools. |
| Copyright (c) 2008 JustinNgProperties.com. All Rights Reserved. |
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September 20, 2008
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A Singapore Real Estate Digest by Justin Ng
September 2008 Edition
Latest Singapore Property Market News
Sales of new private residential homes fall by 64% in August 2008
SINGAPORE: Sales of new private residential homes slipped 64 per cent to 320 units in August, as compared to over 890 units sold in July. Market watchers say this is the weakest transaction volume since April 2008.
At the peak of the property boom in August 2007, over 1,700 units of private homes were sold, and the 320 units sold in August 2008 was 81 per cent lower year-on-year.
Read More…
Introducing Property-SearchOnline.com
Property Search Online is one of the fastest growing property and real estate forum in Singapore. Since its soft launch in May 2008, it has attracted more than 360 registered members and registration is completely free!
Justin has appointed Property Search Online to become the official distributor for the entire suite of Justin Ng Property Tools.
Comparative Market Analysis (CMA) Report will be one of the unique products to be rolled out on its official launch in October 2008. View CMA sample report for HDB Flats and Private Properties
For just as low as $10.00 per copy, you get to know everything about your lovely apartment within a minute or two.
We are currently seeking for partners to be part of our reseller program and earn recurring commissions from our wide range of products and services.
For inquiries on our reseller program, please email to admin@justinngproperties.com
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August’s Property Transactions
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| Flat Type |
Units Sold |
| 4 Room |
769 units |
| 3 Room |
653 units |
| Condominium |
653 units |
| 5 Room |
577 units |
| Apartment |
291 units |
| Executive |
187 units |
| Terrace House |
91 units |
| Executive Condominium |
56 units |
| Semi-Detached House |
36 units |
| 2 Room |
25 units |
| Detached House |
19 units |
| HUDC |
2 units |
| Multi-generation |
1 units |
| HDB Town/Estate |
Units Sold |
| Woodlands |
198 units |
| Tampines |
158 units |
| Jurong West |
149 units |
| Bedok |
139 units |
| Hougang |
134 units |
| Yishun |
134 units |
| Ang Mo Kio |
133 units |
| Sengkang |
112 units |
| Bukit Batok |
101 units |
| Choa Chu Kang |
96 units |
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Singapore Property Trend - Past Transactions
      
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| DISCLAIMER: The information is provided at JustinngProperties.com’s sole discretion for general information only. It shall not be used for entering into any sale and purchase agreement nor for any other purpose (including commercial purposes). You agree not to hold JustinngProperties.com liable for any damage or loss that you may be exposed to and shall indemnify JustinngProperties.com for any claim or loss which you may suffer as a result of accessing or using this free website and tools. |
August 17, 2008
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A Singapore Real Estate Digest by Justin Ng
August 2008 Edition
Latest Singapore Property Market News
Removal of property fee guidelines unlikely to have deep impact
If you’re shopping for a new home or selling one, you can now negotiate with your property agent on the appropriate commission.
The Institute of Estate Agents (IEA) will remove its guidelines on property agents’ commissions next month, to fall in line with the Competition Act.
Consumer watchdog CASE has welcomed the move, pointing out that it is not compulsory to have agents facilitate a property transaction.
Read More…
IEA to remove guidelines on property agents’ commissions
If you’re shopping for a new home or selling one, you can now negotiate with your property agent on the appropriate commission.
The Institute of Estate Agents (IEA) will remove its guidelines on property agents’ commissions next month, to fall in line with the Competition Act.
Consumer watchdog CASE has welcomed the move, pointing out that it is not compulsory to have agents facilitate a property transaction.
Read More…
Public housing hots up while private cools
Prices for public housing on the resale market have risen, while those for private property have moderated for the second quarter of 2008.
According to latest official figures, there has also been little upward movement in the private property rental market.
Read More…
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What’s New at JustinNgProperties.com?
Justin welcomes IEA’s move to remove guidelines on property agents’ commissions and he has itemized his services to justify his commissions and for owners who do not wish to engage agents, they only pay for what they need. Click here for more info.
Justin has developed a Comparative Market Analysis (CMA) Report Generator for you to create your personalised CMA report within 1 to 2 minutes! View CMA sample report for HDB Flats and Private Properties or try it now.
He has also launched a SMS system to provide you with information on demand 24 hours daily. See below for more information. More commands will be added in due course. This service is free but however, usual SMS charges to your telco apply.
| Info-On-Demand Service - SMS Request to 92717889 *NEW* |
| Command |
Description |
Usage |
| ADDR |
Find local address. |
“ADDR [postal_code]” (Eg: ADDR 048545) |
| ADV |
Advertise on JustinNgProperties.com via SMS. Max. 160 characters. |
“ADV [ad_content]” (Eg: ADV Condo for sale) |
| ADVC |
Advertise cobroke ads on JustinNgProperties.com via SMS. Max. 160 characters. |
“ADVC [ad_content]” (Eg: ADVC Condo for sale) |
| ETHNIC |
Ethnic Group Eligibility Check for HDB resale flats only. |
“ETHNIC [postal_code]” (Eg: ETHNIC 440078) |
| HDBLT |
HDB latest transaction. |
“HDBLT [flat_type] [street_name]” Flat Type: 1R / 2R / 3R / 4R / 5R / EXEC / HUDC / JUMBO (Eg: HDBLT 4R Toh Guan Rd) |
| HELP |
More information on command. |
“HELP [command]” (Eg: HELP HDBLT) or “HELP” for full command list. |
| PC |
Find postal code. |
“PC [block/house_number] [street_name]” (Eg: PC 14 Robinson Road) |
| SHOWAD |
Show advertisement. See also ADV or ADVC command. |
“SHOWAD [mls #]” (Eg: SHOWAD 123) |
| UNSUB |
Unsubscribe to stop receiving SMS advertisements from 3rd party advertisers. |
“UNSUB” (Eg: UNSUB) |
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July’s Property Transactions
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| Flat Type |
Units Sold |
| 4 Room |
910 units |
| 5 Room |
680 units |
| 3 Room |
652 units |
| Condominium |
587 units |
| Apartment |
229 units |
| Executive |
214 units |
| Terrace House |
80 units |
| Executive Condominium |
47 units |
| Semi-Detached House |
31 units |
| Detached House |
22 units |
| 2 Room |
14 units |
| HUDC |
7 units |
| Multi-generation |
1 units |
| HDB Town/Estate |
Units Sold |
| Jurong West |
221 units |
| Woodlands |
201 units |
| Tampines |
164 units |
| Yishun |
151 units |
| Sengkang |
131 units |
| Bukit Batok |
127 units |
| Bedok |
127 units |
| Ang Mo Kio |
121 units |
| Hougang |
119 units |
| Choa Chu Kang |
117 units |
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Singapore Property Trend - Past Transactions
       
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| DISCLAIMER: The information is provided at JustinngProperties.com’s sole discretion for general information only. It shall not be used for entering into any sale and purchase agreement nor for any other purpose (including commercial purposes). You agree not to hold JustinngProperties.com liable for any damage or loss that you may be exposed to and shall indemnify JustinngProperties.com for any claim or loss which you may suffer as a result of accessing or using this free website and tools. |
| Copyright (c) 2008 JustinNgProperties.com. All Rights Reserved. |
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July 20, 2008
A Singapore Real Estate Digest by Justin Ng Properties
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SINGAPORE: Office rents in Singapore are starting to show signs of peaking, said property analysts.
They noted that prime rental costs have generally increased at a far slower pace in the first half of this year, compared to 2007.
Looking ahead, they expect office rents to soften even more towards the end of 2009 and early 2010 as demand for prime space eases……………..
Read More…
Singapore home sales in June up 80% from May
SINGAPORE: June was the best performing month in terms of home sales since the property market tumbled last September, according to numbers released by the Urban Redevelopment Authority (URA) on Tuesday.
Altogether, 801 private homes were sold, a jump of 80 per cent from May.
But there were also more units launched. The number of units launched in June leapt 125 per cent from May to 1,069 units, meaning that there were more unsold properties in the market……..
Read More…
June’s Property Transactions
| Flat Type |
Units Sold |
| 4 Room |
854 units |
| 3 Room |
628 units |
| 5 Room |
584 units |
| Condominium |
428 units |
| Apartment |
307 units |
| Executive |
192 units |
| Terrace House |
80 units |
| Semi-Detached House |
40 units |
| Executive Condominium |
39 units |
| 2 Room |
25 units |
| Detached House |
12 units |
| HUDC |
9 units |
| 1 Room |
5 units |
| Multi-generation |
2 units |
Property Trend (Based on Past 6 months Transactions)
Latest Featured Properties
Property Search: More than 100,000 property listings for sale and rent
Virtual Tours: 24/7 salesperson for you
About Justin Ng: Find out more here
Do-It-Yourself: How to sell your own house without engaging property agents?
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DISCLAIMER: The information is provided at JustinngProperties.com’s sole discretion for general information only. It shall not be used for entering into any sale and purchase agreement nor for any other purpose (including commercial purposes). You agree not to hold JustinngProperties.com liable for any damage or loss that you may be exposed to and shall indemnify JustinngProperties.com for any claim or loss which you may suffer as a result of accessing or using this free website and tools.
