Category Archives: Property Price

Homes from sold-out projects back on market

Speculators a minority as they shoot for small flipping gains

Some buyers who managed to lay their hands on units at projects sold out recently are trying to get lucky for the second time – by selling what they snapped up, for a profit.

This brings to mind the government’s warning last week – that some element of speculation is back in the property market. Industry watchers say, however, that subsales are common for fully sold projects and speculation still remains mild.

Advertisements for subsales at Optima@Tanah Merah have surfaced in the last few days – with owners seeking prices Continue reading

Luxury, luxury everywhere: but what does it really mean?

The Luxury Expert looks at Singapore’s high-end property market and defines luxury for HNWI’s.

Let’s make it clear, not every property that the developer calls ’luxury’ is a luxury or choice property. In many, if not most cases in Singapore, the property that is up for a launch hails itself as a ’true luxury’ or ’luxury living’. Its advertisement is splashed with lush greeneries around the upcoming condo, usually accompanied by a smiling, dressed-up teenage model, who also strikes a pose by the swimming pool. I have never teenage girls buying luxury condominiums and I hope the readers do not confuse such properties with our Continue reading