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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  • About Justin Ng

    • 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)

    July's Property Transactions

    Flat TypeUnits Sold
    4 Room910 units
    5 Room680 units
    3 Room652 units
    Condominium587 units
    Apartment229 units
    Executive214 units
    Terrace House80 units
    Executive Condominium47 units
    Semi-Detached House31 units
    Detached House22 units
    2 Room14 units
    HUDC7 units
    Multi-generation1 units
    HDB Town/EstateUnits Sold
    Jurong West221 units
    Woodlands201 units
    Tampines164 units
    Yishun151 units
    Sengkang131 units
    Bukit Batok127 units
    Bedok127 units
    Ang Mo Kio121 units
    Hougang119 units
    Choa Chu Kang117 units

    Singapore Property Trend - Past Transactions

    Past Property Transactions - 3 Rooms Past Property Transactions - 4 Rooms Past Property Transactions - 5 Rooms Past Property Transactions - Executive Past Property Transactions - Apartments Past Property Transactions - Condominiums Past Property Transactions - Detached House

    Past Property Transactions - Terrace House
    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. Justin Ng Properties