Reference desk archive/September 2004 I

Did you realize a number of attention has been shifted over to overseas properties funding, after our lovely authorities launched the seventh round of cooling measures on 12 January 2013 (a complete bundle of measures to chill the residential property market)?

How concerning the rate of interest which fueled the Singapore Property market for the last 3-4 years? Presently, the 3month sibor rate is at 0.40205. This can most likely be revised up before we've got anticipated because of the new Federal chairman, Ms Janet Yellen indicated that the rate could rise anytime from six month later. If so, what's going to occur to our sibor charge? It would definitely revise up accordingly. In case you are considering refinancing package deal right now, it might be best for those who can choose 1 year variable rate and later refinance it once more for the following three years fastened fee or just simply opt for the three yr fastened interest rate package if deemed fit.

For the whole of 2013, mixed-use investments accounted for the most important share, or about 24.three% of exercise. Investments in combined-use properties greater than doubled y-y from S$2.8bn in 2012 to S$6.9bn in 2013, similar to the peak in 2007. This was also the primary 12 months since 2009 that the residential sector did not account for the most important share of funding activity. Major blended-use investments in 2013 included the sale of The Paragon (office/retail), 25% stake in Jem (office/retail), PoMo (office/retail) and two government land websites in Yishun (retail/residential).

The rise within the nominal worth index pales compared with the 38.2% price hike (34% in real phrases) throughout the 12 months to Q2 2010, a interval which noticed the quickest price-rises of the recent boom. Measures were launched in October 2012 to restrict mortgage tenure to 35 years, and to decrease to 60% the LTV ratio for loans longer than 30 years, or loan periods extending past age sixty five. Shopper Worth Index for Households in Completely different Earnings Groups Home Supply Worth www.indieplayhouse.com Index Home Wholesale Commerce Index Expenditure on Gross Home Product at 2005 Market Costs Expenditure on Gross Domestic Product at Current Market Prices Food & Beverage Services Index Authorities Development Expenditure Gross Domestic Product at 2005 Market Costs Gross Home Product at Present Market Prices

For 999 years leasehold, you personal the property for 999 years. Since that could be a very long time period, people generally regard 999 years leasehold as freehold. Residences have different sizes. Some are very small (units smaller than 500 sq. feet, or simply 5 automotive lot dimension) and a few are big (2000 square ft and even larger). A median 5 room HDB flat is around 110 sq. metre, or round 1200 sq. ft. Wanting at the PSF allow us to compare prices throughout completely different dimension apartments. Looking at Image B and Image C. That elevated flat area in entrance of the window is the bay widow. It was once the federal government don't think about bay home windows as area. So in practise the builders can build that area without cost, and cost the customer for it. Singapore 188968

Far East, arrange by Mr Ng's father, property magnate Ng Teng Fong, final 12 months bought 9 sites costing about $1.6 billion in Singapore. They'll yield in complete 3.1 million sq. feet of buildable space. That is the largest land financial institution funding Far East has made in a single 12 months, exceeding the overall of $1.54 billion invested in land and property acquisitions within the preceding six years from 2000 to 2005. Moreover the 9 websites, Far East's Hong Kong-primarily based sister company Sino Land bought the Collyer Quay site final year for $a hundred sixty five.8 million. - 2007 March 14 THE BUSINESS INSTANCES

Another reason why the property market could come down is over-supply of properties, or to be extra particular, extra provide of properties than demand. Economics 101 tells us that price is decided by the interaction of demand and supply. When there is more demand than supply, prices go up. Conversely, if provide exceeds demand, prices come down. In order to determine the danger of over-supply, we need to cut up it up into the totally different categories of housing.

Keppel Land is the property arm of the Keppel Group. Keppel Land is among the largest property groups listed on the Singapore stock change. Its actual property activities involve property growth, investment, challenge and property administration, in Singapore and overseas. Riversails Apartment @ Higher Serangoon Identification of the property supplied for sale SingaporePropertyCycle.com.sg is a Singapore Property website dedicated to providing investors with the graphs and charts to track the Singapore Property Market Cycle and make higher actual property funding decisions. www.the-hillview-peak.sg (latest new launch in Oct/Nov 2012) Tips on how to Discover A Singapore Property Agent? Ferra Condominium @ Leonie Hill Singapore Land Restricted Property Tax Property tax Forms of Properties in Singapore House