Snippet from Asiaone, Feb 15, 2011 SINGAPORE – The number of private homes sold in Singapore soared to a 14-month high in January, indicating housing demand remained buoyant and that the government may have to introduce more measures to cool the market. Private home sales in January, including executive condominiums more than tripled to 2,077 [...]

Snippet from XinMSN October 20, 2011 Rising private property prices cannot be attributed solely to foreign purchases. National Development Minister Khaw Boon Wan said there are many factors at play; low interest rates and Singapore’s strong economic fundamentals among them. He told Parliament that locals account for more than four fifths of all private home [...]

Snippet from Yahoo! Mon, Oct 3, 2011 After three built-to-order launches, the government is making good progress to ease the housing shortage, said Minister for National Development Khaw Boon Wan. In his blog post on Monday, Khaw said Housing Development Board's (HDB) efforts in ramping up HDB flat supply will help stabilise the market. Putting [...]

Snippet from AsiaOne Wednesday, Sep 28, 2011 SINGAPORE – Tenants in an Orchard Road apartment found themselves locked in on the morning of Sept 26, when they tried to leave for work. A bicycle lock had been secured around the gate, leaving them trapped at home. According to a reader, Ong, who wrote in to citizen journalism site, Stomp, the [...]

With effect from September 1, 2011, all importers and manufacturers who supply registrable household air-conditioners and refrigerators in Singapore must register with the National Environment Agency (NEA). With this requirement, all registrable air-conditioners and refrigerators supplied in Singapore must meet minimum energy efficiency standards that are prescribed in the Environment Protection and Management (Energy Conservation) [...]

  The US dollar has been depreciating against most currencies. While it is still the reserve currency in the world, holders of US dollars are seeing their value drop. China is one country which holds a lot of US dollar debt. It hurts them to see their investment in the US dollar going down. Likewise [...]

Snippet from Yahoo! By Ion Danker The Housing and Development Board (HDB) says it will launch 5,500 Build-To-Order (BTO) flats next month and 4,000 flats in November. The two launches will bring HDB's total BTO supply this year to 25,000 flats. HDB said it will complement the September BTO launch with the launch of at [...]

Snippet from  Yahoo! By Liyana Low Sales of private homes, including executive condominiums (ECs), surged by 40 per cent in July from the level the month before as property developers launched projects ahead of the usually slow Hungry Ghost month. A total of 1,954 units were sold last month, figures from the Urban Redevelopment Authority [...]

Quick analysis for Management Councils – the tightening of supply at the mid level will impact the Condominium Manager/Property Manager level. It would be harder to hire and also result in higher wages for the Singaporean staff. While this is good for the staff, the Management Councils have to be prepared to pay more for [...]

Most people have a problem when it comes to the dollars and cents of purchasing a property. With the myriad of rules and regulations to protect the consumer, it is often confusing to navigate this straits. Before we explore the numbers, the first and foremost thing a buyer must remember is to buy for the [...]