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More than Two Thousand EC Units Still Unoccupied

More than Two Thousand EC Units Still Unoccupied

During last year’s Q4, the vacancy rate among Singapore’s prime condominium units were at 11.5%. This data was from the report made by Urban Redevelopment Authority. Recently, the same agency said that the vacancy rate increased to 15.1 last Q1 of 2015. As...
More Foreign Investors Buying High-End Properties in SG

More Foreign Investors Buying High-End Properties in SG

Singapore is becoming a magnet for foreign investors as the sales of residential properties in prime locations were sold like hotcakes last April. About 19 percent of the homes sold were worth more than $5 million each and the owners of these luxury properties were...
Prime Properties Attracting More Foreign Investors

Prime Properties Attracting More Foreign Investors

In April, more than 19% of private homes that cost more than $5 million each unit were sold to foreign investors. And these are not just simple units but luxury residential properties in the country. The figure said is accounted for the six percent increase for...
Unsold Units Leading to Hefty Extension Chargers for Developers

Unsold Units Leading to Hefty Extension Chargers for Developers

The latest news from Singapore is that property developers may face hefty extension charges on unsold units that add up to $90 million in their condominium projects ranging from April to December 2015. This may follow with an S$238 million by 2016 if the...
Best Tips to Ensure Careful Investment Overseas

Best Tips to Ensure Careful Investment Overseas

After the failed schemes of numerous high-end real estate properties to attract buyers, many are advised to make sure that they carefully safeguard their investments particularly their overseas properties. Some who are not too fortunate lost huge amount of their...
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