Category Archives: Rental / Lease

Analysts cautious on Singapore property stocks

Posted on 18 Jul 2012 | Comments Off on Analysts cautious on Singapore property stocks

Taking a cautious approach on property stocks, DBS Vickers said that it prefers stocks with diversified exposure like CapitaLand and those with strong niche activities such as CapitaMalls Asia (CMA) and GLP.

“Though developers have adopted a quick asset turn strategy, volume momentum has nevertheless slowed and prices appear to be stabilising in recent months as the supply mechanism takes effect,” said analyst Lock Mun Yee.

According to analysts, new launches will likely remain high, while prices and rentals will be affected by the rising housing supply.

“A key factor to watch out for would be sustainability of rental yields,” added Lock.

In addition, developers’ margins are expected to normalise as land bids continue to hold up.

Source PropertyGuru – 2012 Jul 18

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Posted in Developers, Property Market / Real Estate, Rental / Lease

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List all authorised sublet flats in a public database online

Posted on 16 Jul 2012 | Comments Off on List all authorised sublet flats in a public database online

I refer to the letter “Can HDB step up enforcement?” (July 13). The Housing and Development Board would have the means if it lists all authorised sublet flats in a public database online.

A S$500 reward should be given to anyone who reports unauthorised subletting, to be paid by the offender. The HDB should also increase the penalty for first-time offenders to the equivalent of six months of rent.

If it cannot do this, it can outsource the job.

From Andrew Kok-Kin Lim

Source Today –  Jul 16, 2012

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Posted in HDB, Rental / Lease

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