Prices and Rentals of Landed Homes Set to Rise

By Steven Ming and Avin Seow
Source: Business Times, 27 Mar 2008
Land scarcity in Singapore should ensure sustainable capital growth in landed housing in the medium to long term.

LANDED homes saw their strongest price rise last year since 1994 but they have yet to catch up with their non-landed counterparts, leaving room for more [...]

Last Year’s Boom in Investment Sales Likely to Continue in ‘08

By Jeremy Nlake
Source: Business Times, 27 Mar 2008
IT was an eventful 2007 for the Singapore property investment sales market, which hit a record $55.29 billion in volume of transactions. This was 81 per cent higher than the previous record of $30.59 billion in 2006. The robust momentum in the investment market was largely driven [...]

Residential Rents Seen Rising Further

By Leonard Tay
Source: Business Times, 27 Mar 2008
En bloc sales and population increase caused by influx of foreigners will continue to fuel demand.

RESIDENTIAL rents bottomed out in 2004, recovering until 2007 when they staged an extraordinary rise, surging by more than 40 per cent within the year. This was the highest rate of increase [...]

Wait-and-See Stand in Property Plays

By Chua Chor Hoon
Source: Business Times, 27 Mar 2008
The impact of the US economy would play a big part in deciding the course of the property market here this year.

PROPERTY markets in Asia-Pacific were largely insulated from the US sub-prime fallout last year, basking in strong economic growth and sustained demand.
Going into 2008, market conditions [...]

HDB Resale Buzz Set to Continue

By Eugene Lim
Source: Business Times, 27 Mar 2008
But increasing buyer resistance and and an expected surge in supply may take away some sheen.

HDB resales prices accelerated their climb in the second half of 2007 for a full-year gain of 17.5 per cent, on the back of a strong economy, brighter job prospects and supply-demand [...]

Office Rents Could Peak This Year

By Moray Armstrong
Source: Business Times, 23 Mar 2008
Tenant resistance will ease pace of rental growth, and office take-up may slow over 5 years.

IT WAS a year of new records for the Singapore office market in 2007. Rents were driven to new highs in terms of growth rates – prime rents surged a staggering [...]

A Time for Reflection and Planning

By Kalpana Rashiwala
Source: Business Times 27 Mar 2008
No panic mood this time round and developers are financially stronger unlike during the Asian crisis, but a lot depends on Singapore’s growth, construction bottlenecks and costs, and investors’ pricing power.
AFTER two years of exuberant growth, Singapore’s private housing market has come to a virtual standstill. Property launches [...]

Rising Demand for Built-to-Suit Space

By Chris Archibold and Tahlil Khan
Source: Business Times, 27 Apr 2008
With CBD office rentals continuing to increase, companies are looking for cheaper alternatives.

WHILE demand for central business district (CBD) office space remains very strong, some significant trends have emerged in the way a number of multinational companies view options in terms of location and type [...]

Luxury Home Prices to Fall 32% by 2010: Nomura

By Uma Shankari
Source: Business Times, 27 Mar 2008

TAKING a bearish stance on Singapore’s residential sector, Nomura Research expects luxury home prices to slide a staggering 32.3 per cent from their 2007 peak between now and 2010.
Average prices in the luxury segment will fall 16.9 per cent in 2008, 10.3 per cent in 2009 and 9.3 [...]

Seven Tips for Buying a Second Home

By Peter Ow
Source: Business Times 27 Mar 2008
There are still pockets of new developments in Singapore that are priced below $1,000 per sq ft.
HOUSE hunting can be challenging at a time when sellers are holding firm despite a quieter property market while buyers are expecting a steeper discount based on weaker sentiment from the [...]