Channel News Asia | 12 Sep 2013

SINGAPORE: Sales of new private homes are poised for an increase in August from a month earlier.

Analysts expect around 600 to 700 units to be sold in August.

Tembusu in the suburbs in Kovan was one of the few projects launched in August - traditionally a lull period because of the Hungry Ghost Festival.

CHEERS.

www.propertyguru.com.sg | 28 Aug 2013

Buyers are being drawn to more affordable and smaller units following the government's latest property cooling measures and stricter loan rules, according to a report from DTZ.

During the second quarter, 2,571 buyers (38 percent) opted to buy homes below S$1 million, higher than the 1,835 buyers (31 percent) in the previous quarter. Purchases between S$1 million to S$1.5 million also increased to 33 percent or 2,265 units in Q2.

Channel News Asia | 22 Aug 2013

SINGAPORE: 74 per cent of Singapore home buyers are delaying their property purchases, and 59 per cent of the respondents surveyed are confident prices will not decline.

According to a recent survey conducted by property website iProperty Group, 60 per cent of the Singapore respondents have called for additional cooling measures. This compares to 27 per cent who do not want further cooling measures.

CNBC | 22 Aug 2013

Singapore's property market is unlikely to be hit too hard by the concerns about an unwinding in U.S. monetary stimulus which are giving Asian asset prices a drubbing, analysts say.

Expectations that the cheap liquidity which has helped boost Asian real estate markets will come to an end with the U.S. Federal Reserve likely to start winding down its monetary stimulus soon have hit Asian risk assets hard. The sell-off in emerging markets this week has been particularly pronounced.

The Tembusu condominium project (pictured) in Kovan has received strong interest from buyers, with over 200 units sold as of yesterday, media reports said.

Developed by Wing Tai Holdings, the 337-unit development commenced sales yesterday, two weeks after the showflat was opened for VVIPs and those who had pre-registered earlier. The units are likely selling for S$1,400 to S$1,500 psf on average, sources said.

www.propertyguru.com.sg | 12 Aug 2013

Kensington Village, a joint venture company between Fragrance Group and World Class Land, has opened the sales gallery for Kensington Square (pictured), a new mixed development at the junction of Upper Paya Lebar Road and Jalan Lokam.

The freehold project comprises 141 residential units ranging from 431 sq ft to 1,227 sq ft and in one- to three-bedroom configurations, some of which offer the dual key feature. Prices could start from S$1,450 psf.