The current climate supports price growth. Interest rates have declined significantly over the past two years, and this downward trend is likely to continue. To put things in actual numbers, fixed mortgage rates have fallen from 3.75% in October 2022 to 2.6% in October 2024. In the new launch market, we can see that demand …
Is it still worth it to invest in properties in today’s market? Read More »
Here’s a guide into the expected new launches in 2024 (Outside of Central Region).
Here’s a guide into the expected new launches in 2024 (Rest of Central Region).
Here’s a guide into the expected new launches in 2024 (Core Central Region).
End of Interest Rate Hikes On 13th December, the Federal Reserve maintained its key interest rate for the 3rd consecutive time, signalling potential rate cuts (up to 6 times) in 2024 and beyond. Rate Cuts As Early As March 2024? There are talks of potential rate cuts as early as March 2024. Historical trends show …
Let’s analyse some factors that contribute to the increasing new launch prices – Rising Land Costs, Rising Construction Costs etc.
Project Overview Developer: CapitaLand No. of Units: 368 Estimated Vacant Possession Date: 30th November 2028 Site Area: 83,647sqft Project Makeup: 2-storey commercial podium and 38-storey residential tower Directly Linked To: Jurong East MRT, Integrated Transport Hub, IMM, Westgate, JEM Entry Price of J’Den – Comparable New Launches The LakeGarden Residences Closest new launch to J’Den …
Private Residential Price Index Prices of private residential properties increased by 0.8% in Q3 2023 following a 0.2% decline in the previous quarter. Breakdown By Market Segments The overall price increase of 0.8% was led by a gain in prices of non-landed OCR and RCR properties. Private Residential Rental Index Rentals of private residential properties …
How Does an Exclusive Estate Agency Agreement Work? Engaging an exclusive agent means that the seller agrees to authorise one real estate agent to market the property over a stated period of time, usually 3 months by default. During this period, the seller is not allowed to engage any other real estate agents to market …
Should you engage an exclusive agent to market your property? Read More »
1. Past 6 Months’ Transactions Analyse the past transactions of similar unit types with unmasked unit numbers i.e. it cannot be #13-XX. The exact unit numbers are important for an accurate evaluation as the facing of units within the same development can be drastically different. Use the condo site plan and online maps to identify the attributes …
How to check if you are overpaying for your home? Read More »