Entries tagged Singapore

The Advantages of Singapore Bungalows

Published: Dec 2nd, 2009 | Author: Alex Bhaswara Add Comment

Imagine an exclusive neighborhood with tree lined streets, manicured lawns, spacious backyards and the privacy of having four walls to yourself. All of these come with buying your very own Singapore Bungalow.

Everybody knows that land is expensive in the land-limited city state. Most other residents, visitors, expats have to live in flats, apartments and condos. Living in a bungalow in Singapore exudes a certain luxury considering that there are roughly only around 1,000 good class bungalows located all around Singapore.

Aside from exclusivity, buying Singapore bungalows are very good long term investments. Bungalow sales have fared well even during hard financial times compared to other housing projects and property values. Over the years, very good financial gains have been reported by bungalow owners who have decided to sell their properties.

Bungalow owners are also enjoying the plot of land that comes with their properties. Good class bungalows should have a minimum plot of 1,400 sqm. This gives owners and their families a lot of room to play and run around with. Another restriction for bungalow owners is that there has to be an adequate amount of grass and greenery around the property. This stipulation is to adhere to environmental laws that aim to preserve the ambiance of healthy living amidst Singapore’s urban jungle.

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Sub Sale of Private Properties Increase Threefold in Second Quarter For Singapore

The domestic and mid end condominium project are the popular pick in the second quarter of the year. However for investment private property project, it is taking longer to sell. The increased sentiment in the new private domestic projects had attracted many sellers in the sub-sale arena.

Sub sale are referring to the sale of uncompleted project by the buyers had increase 3 fold to around 1,200 units in second quarter of the year. The popular project are the mid tier as compare to the high end projects.

The popular sub sale project are Casa Merah, Centris and One Amber. In second quarter alone, Casa Merah held a record of 54 sub sales transaction with an average price of $660 psf, which further increase to about $750psf in July and August. The most popular sub sale project are Rivergate. The average price for this project increased from $1200psf to $1400psf in average. (more…)