Singapore Property Watch - September 2008

September 20, 2008

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

August’s Property Transactions

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

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.

Singapore Property Watch - August 2008

August 17, 2008


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…

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 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

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 HousePast 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.

Daily SIBOR/SOR Update

 SIBORSOR
1 mth0.313330.24418
3 mths0.381670.35084
6 mths0.438330.57386
9 mths0.501670.7532
12 mths0.571670.89804
Updated as at 03 October 2012

Competitive Edge

Justin's competitive edge lies in his ability to connect and market your property listing directly to thousands of active property market watchers.

He is a veteran in internet marketing and also a search engine optimization (SEO) specialist.