Buyer’s Guide to Singapore Property Auction

Fancy getting a good deal from Auction? Photo credit: The-Lane-Team, Flickr
Fancy getting a good deal from Auction? Photo credit: The-Lane-Team, Flickr

A closer look at what happens in Singapore knock down sessions and what a buyer should look out for.

Okay so you looked at my site and there’s this magnet property that you’re keen in in one of the latest auction list.

Inspecting the property before auction day

There’s always details on the Auction List on the person-in-charge of the property. You could arrange with him/her to view the property prior the auction before deciding whether to bid for it. This is the best time to also do your full due diligence on the property such as the state, the size, the maintenance cost etc. Continue reading “Buyer’s Guide to Singapore Property Auction”

New Statutory Group for Singapore Estate Agents

The verdict is finalized with actions taken by Singapore Government. Ministry of National Development will take the reigns over from Inland Revenue of Singapore to create a Council for Estate Agencies (CEA) as the licensing authority for real estate agents.

MND will introduce a Bill in Parliament in the second half of this year to set up the new Council and to establish the new regulatory framework.

I’ll just highlight the most important point which most fellow agents are keen to know,

Arrangements will be made to help existing estate agencies and agents transit to the new licensing and registration framework. For instance, they will be exempted from the new educational qualification criterion.

Those who have passed an industry examination will not be required to take a new examination.

Those who have not passed any existing industry examination will be given one year to pass the examination, and be given a provisional registration in the interim.

Existing agents who are undischarged bankrupts or have past criminal records will be considered for registration on a case-by-case basis.

So you’ll definitely need to sit in for either CES or CEHA before practicing. To read the article in details, check out AsiaOne.

StreetSine Teams Up with iProperty

Is this going to be a dream team for property agents and home owners? I love StreetSine reports as they always allow me to give the best and most accurate presentation to Homeowners on what is happening to their housing rentals and values. But to team up with iProperty for property listings. Hmm, It seems grey.

Anyway, here’s the press release from StreetSine

30 April 2010.

StreetSine Pte Ltd, Singapore’s leading provider of property information and analytics, is pleased to announce that it has teamed up with iProperty.com.sg, Singapore’s leading property search portal.

StreetSine will display iProperty property listings on www.streetsine.com. This means that when a property agent posts a home listing on iProperty.com.sg, it will automatically be displayed on StreetSine’s webpage, at no additional cost.

Continue reading “StreetSine Teams Up with iProperty”

Orchard Scotts – Luxury Living in Anthony Road Orchard

Orchard Scotts is the winner of the FIABCI Prix d’Excellence 2009 (Residential Category). This makes Far East Organization the only developer in the world to win five FIABCI Prix d’Excellence Awards, the highest honour in international real estate.

Orchard Scotts

Orchard Scotts is a study in modernism by none other than the most cutting-edge artictectural firm in America; the highly acclaimed, award-winning Arquitectonica of Miami, Florida. The designer of such architectural gems as the The Atlantis, Beverly Hills Residences and The Westin New York at Times Square, Arquitectonica is recognised worldwide for its excellence and innovative design.

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Resale Home Prices Higher Than Previous Peak

Resale prices has shot up higher than its previous peak in 2007,

The latest price rises for this segment, dominated by upgraders, were relatively modest, but enough to push average prices past the previous high.

PRICES of private, leasehold resale homes have now shot past their previous peak in late 2007, according to a new report by property consultancy DTZ.

The latest price rises for this segment, dominated by upgraders, were relatively modest, but enough to push average prices past the previous high.

The more elite segment of landed resale homes saw the biggest price rises in the first quarter of the year to reach another new high while prime freehold prices edged nearer their previous peak.

more in The Straits Times

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Belle Vue Residences – Oxley Orchard Condominium

One of the last sizeable freehold sites in Orchard Road, Belle Vue is a collaborative effort by an award winning team led by world acclaimed Japanese architect Toyo Ito applauded for his organic geometries and sensitive interpretation of nature.

Through an intimate setting with nature, the units are planned in a manner that balances the best possible relative position to each other.

Belle Vue Residence – The nature enclave condominium in Oxley vicinity

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The Orchard Residences – Orchard Most Iconic Luxury Living

Imagine having coffee at Wheelock’s Place at the Coffee Club with a bunch of your friends when they’re having the usual conversation of where they’re staying or intending to move to.

“So where do you live?”

You point at the top of the most iconic and tallest building in Orchard. Everyone’s impressed.

The Orchard Residences - Above It All
The Orchard Residences - Above It All

Enter The Orchard Residences, Orchard’s most impressive and tallest (218 metres) architecture yet.

Continue reading “The Orchard Residences – Orchard Most Iconic Luxury Living”