Property Market / Real Estate | Lush Dream Home

Category Archives: Property Market / Real Estate

More housing concepts sought

Posted on 10 May 2013 | Comments Off

Professionals, managers, engineers and technicians (PMETs) in Singapore expect more private housing options, said Dr Chua Yang Liang, Research Head at Jones Lang LaSalle in a recent workshop.

This group of buyers are “more well-read, well-travelled and more discerning consumers”, he noted.

Meanwhile, the government’s Population White Paper revealed that PMETs are expected to account for two-thirds of the country’s workforce by 2030. As such, the greater demand for more private housing types could pressure developers into building such homes.

These could include cluster homes (landed properties with shared facilities), along with different housing designs and more lifestyle concepts.

Although public housing in Singapore is already “quite varied”, its definition might change to cater to the needs of the younger generation, explained Dr Chua.

He said that Singapore should also adopt a “pro-population economic-growth strategy” given the low fertility rate, adding that “with low population growth, housing stock growth could exceed population needs”.

Source PropGuru – 9 May 2013

Comments Off on More housing concepts sought

Posted in Property Market / Real Estate

Tagged private housing, Singapore

Units still available at Singapore’s Eden Residences Capitol

Posted on 9 May 2013 | Comments Off

Some 27 units remain at Eden Residences Capitol in Singapore, after 12 of the 39 units were snapped up for an average S$3,000 (US$2,434) per sq ft. With unit sizes ranging from 2,100 to 6,500 sq ft, the units were priced from more than S$6 million to nearly S$20 million (US$4.9 million to US$16.2 million).

The units at Eden Residences Capitol include five penthouses and two garden villas. The penthouses are all duplexes in three, four and five bedroom configurations ranging in size from 4,080 to 6,470 sq ft. Each has a private swimming pool. The garden villas will be between 2,723 and 3,520 sq ft in size. The remaining units come as three-bedroom, three-bedroom plus study, and four-bedroom plus study apartments. All units have views over Marina Bay.

Located just across the street from St Andrew’s cathedral and in close proximity to historical landmarks such as Capitol Theatre, Capitol Building and Stamford House, residents will also be able to enjoy other facilities within the mixed use development, such as hotel, retail and entertainment components, as well as tap into a suite of hospitality services from the hotel.

Source – PropReport – 8 May 2013