Archive for December, 2009

9,865 Applications Received For 1,718 BTO Flats In Dawson

December 29th, 2009
9,865 Applications Received For 1,718 BTO Flats In Dawson Home-buyers, who have applied for the Build-to-Order (BTO) flats at the popular Dawson estate in Queenstown, are seeing stiff competition. Applications ended on Monday and the 1718 premium flats...View Property

Weak US Home Sales A Tell-Tale Sign

December 28th, 2009
Weak US Home Sales A Tell-Tale Sign They indicate the economic recovery is unsteady The unexpected sharp drop in new home sales in the United States last month, coupled with rising mortgage delinquency rates, illustrates the delicacy of...View Property

Owners Turning To Auction Sales

December 27th, 2009
Owners Turning To Auction Sales Next year, there will be even fewer mortgagee sales at auctions as the economy continues to improve. Yet more owners are expected to go the auction route when it comes to selling...View Property

Surprise 11% Drop In Nov New Home Purchases

December 25th, 2009
Surprise 11% Drop In Nov New Home Purchases However, personal incomes and spending post solid gains in Nov Purchases of new homes in the US unexpectedly fell last month, indicating a recovery from the worst housing slump since...View Property

Integrated Resorts In Singapore Upbeat About Outlook in 2010

December 24th, 2009
Integrated Resorts In Singapore Three years in the making and Singapore’s two integrated resorts will finally open soon and the operators are upbeat about the prospects. Resorts World Sentosa, due to open in a matter of weeks, expects...View Property

Singapore’s Economy Likely To Be Buoyed By Global Recovery In 2010

December 22nd, 2009
Singapore’s Economy Singapore’s economy is expected to revert to positive growth next year, thanks to the global recovery. According to some economists, growth could even surpass the government’s estimates for 2010. They are looking at GDP growth of...View Property

What The Property Market Needs

December 21st, 2009
What The Property Market Needs THE cautions have come in fast and furious as investors and speculators continue to plough into the property market, which has seen prices rising sharply in the last few months. Various parties –...View Property

14,500 New Private Home Sales Seen

December 15th, 2009
14,500 New Private Home Sales Seen CB Richard Ellis (CBRE) has tipped the number of new private homes which could be sold this year at 14,500 – which is 98 per cent of the record 14,811 snapped...View Property

Flat Prices Will Rise But Still Be Affordable

December 14th, 2009
Flat Prices Will Rise But Still Be Affordable SINGAPOREANS can expect the prices of HDB flats to keep on rising as long as the economy continues to grow, Minister Mentor Lee Kuan Yew said yesterday. However, he assured...View Property

Integrated Resorts Set Up Green Initiatives

December 13th, 2009
Integrated Resorts Set Up Green Initiatives The two upcoming integrated resorts in Singapore, which open in the first quarter of next year, are not planning to gamble with the environment. In fact, they have spent millions of dollars...View Property