Weekly Real Estate Updates (2022 June 13 - June 19)

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• New private home sales in Singapore more than double in May and hit 6-month high amid tighter supply | 由于供应有限，新加坡 5月份新私人住宅销售量翻了一番多，创下 6 个月新高

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• Condo resale prices rise 0.3% in May, up for the 22nd straight month. Market is recovering 5 months after cooling measures | 5月份公寓转售价格上涨 0.3%，连续第 22 个月上涨。市场在降温措施 5个月后在恢复


• Condo & HDB rents rose at quicker pace last month, more units leased | 上个月公寓和组屋租金上涨更快，更多单位出租


• Singapore climbs back to 3rd place from 5th place in global competitiveness ranking | 新加坡在全球竞争力排名中从第 5 位攀升至第 3位

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• Parkwood Residences 3 bedroom Last 6 Units! Special $65,000 promo discount – from only $1.49m |《Parkwood Residences》3卧室最后 6个单位！$6万5千元折扣 – 从$149万元

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• Normanton Park – Last 17 Units! 3 bedroom from only $2m - price increasing by 2% on 1 July 2022 | 《Normanton Park》 最后 17个单位！ 3卧室仅 $200万元起 - 2022年7月1日价格将上涨 2%


• 1953 Freehold 3 bedroom from $2.2m – Free $150K interior design |《1953》永久业权公寓 3卧室从 $220万元起 – 免费 $15万元的室内设计

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• Gem Residences 678sqft 2 bedroom $1.28m – high floor, pool view unit. Currently tenanted $3,250 until March 2023. Short walk to Braddell MRT & food centre《Gem Residences》678sqft 2卧室 $128万元 - 高楼层，泳池景观单位。目前租 $3250 至 2023年3月。 步行可到达《布莱德》地铁站 和美食中心

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• Contact me to buy, sell or rent resale property | 联系我关于购买、出售或出租转售房产

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• The Peak Cambodia with Shangri-La completed with rental guarantee – now with up to 16% discounts | The Peak 柬埔寨(与香格里拉酒店）完成租金保证，可享有高达 16% 折扣

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Good Friday and Happy Easter 2022

[vc_row][vc_column][vc_single_image image="15497" img_size="full" alignment="center"][vc_empty_space][vc_column_text]Wishing everyone Good Friday and a Happy Easter 2022. Stay safe and Enjoy your Long Weekend![/vc_column_text][vc_column_text][content_block id=12977][/vc_column_text][vc_empty_space height="8px"][vc_column_text]

Wondering what is going on in the Singapore Property Market ?

Read More at https://www.propertyfactsheet.com/blog/

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There has been a numbers of enbloc and Government Land Sales, Keen to know which are the one in 2022 ?

Read More at https://www.propertyfactsheet.com/list-of-land-sales-en-bloc-government-land-sales-2022/

[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12982][/vc_column_text][vc_column_text]Do you have any Questions with regards to New Launch Property Purchase ? Read up here https://www.propertyfactsheet.com/get-all-your-new-launch-condo-question-answer-over-here/ or simply drop us an email to get your questions answer.[/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12984][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Wishing you Good Friday and a Happy Easter 2022 :) [/vc_column_text][vc_empty_space height="8px"][vc_column_text][content_block id=12987][/vc_column_text][/vc_column][/vc_row][vc_row disable_element="yes"][vc_column][vc_empty_space height="8px"][vc_column_text][content_block id=12975][/vc_column_text][vc_column_text]A comparison between Circuit Breaker and Current Restrictions[/vc_column_text][vc_empty_space height="8px"][vc_single_image image="13431" img_size="full" add_caption="yes" alignment="center"][vc_column_text][content_block id=12986][/vc_column_text][vc_column_text]In July, there may be up to five launches – Klimt Cairnhill, Pasir Ris 8, Perfect Ten, The Watergardens at Canberra and Parc Greenwich (EC). Assuming that all goes well and activities return to Phase Three, sales activities will be back to its normal trajectory of 800 to 1,000 units per month.[/vc_column_text][vc_column_text]Launches in 2H 2021[/vc_column_text][vc_single_image image="13432" img_size="full" add_caption="yes" alignment="center"][/vc_column][/vc_row]

List of Land Sales (En-Bloc & Government Land Sales) 2022

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Dairy Farm Walk Land Parcel

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Sales Status

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Land Sales Type	Government Land Sales (GLS)
Land Sales Status	Tender closed on 8 Mar 2022
Successful Bidder / Developer	Sim Lian Group
Estimated No. of Units	About 350 to 400 residential units.
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	15663.2
Site GFA (sqm)	32,893
Reserve Price ($m)	-
Highest bid ($m)	347
Highest bid ($psf)	980
Development Charge ($m)	-
Number of bids	7
Est. Breakeven ($psf ppr)	1646
Est. Selling Price (PSF)	1880-1980

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Bukit Batok West Avenue 8 Land Parcel

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Sales Status

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Land Sales Type	Government Land Sales (GLS)
Land Sales Status	Tender closed on 8 Mar 2022
Successful Bidder / Developer	Qingjian Realty and Santarli Construction
Estimated No. of Units	About 375 residential units.
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	12,449.3
Site GFA (sqm)	37,348
Reserve Price ($m)	-
Highest bid ($m)	266
Highest bid ($psf)	662
Development Charge ($m)	-
Number of bids	9
Est. Breakeven ($psf ppr)	1134
Est. Selling Price (PSF)	1200-1300

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32 -34 Gilstead Road (Enbloc)

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Sales Status

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Land Sales Type	Enbloc
Land Sales Status	Tender closed on 7 Feb 2022
Successful Bidder / Developer	Peak Vista (Kheng Leong Co.)
Estimated No. of Units	56 Units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	Freehold
Site Area (sqm)	4,037.3
Site GFA (sqm)	5,652.2
Reserve Price ($m)	-
Highest bid ($m)	70.0
Highest bid ($psf)	1643
Number of bids	-
Est. Breakeven ($psf ppr)	1864
Est. Selling Price ($psf ppr)	2200-2300

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Gloria Mansion (Enbloc)

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Sales Status

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Land Sales Type	Enbloc
Land Sales Status	Tender closed on 19 Jan 2022
Successful Bidder / Developer	Fraxtor Capital and a group led by Daniel Teo and Teo Teck Weng
Estimated No. of Units	59 Units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	FH
Site Area (sqm)	4,037.3
Site GFA (sqm)	5,652.2
Reserve Price ($m)	-
Highest bid ($m)	70
Highest bid ($psf)	1643
Development Charge ($m)	-
Number of bids	-
Est. Breakeven ($psf ppr)	1864
Est. Selling Price (PSF)	2200-2300

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Jalan Tembusu (Land Parcel)

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Sales Status

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Land Sales Type	Government Land Sales (GLS)
Land Sales Status	Tender closed on 18 Jan 2022
Successful Bidder / Developer	City Developments Ltd
Estimated No. of Units	Est. 640 private residential units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	19560.1
Site GFA (sqm)	54,768.3
Reserve Price ($m)	-
Highest bid ($m)	768
Highest bid ($psf)	1302
Development Charge ($m)	-
Number of bids	8
Est. Breakeven ($psf ppr)	2059
Est. Selling Price (PSF)	2300-2400

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Lentor Hills Road (Parcel A)

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Sales Status

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Land Sales Type	Government Land Sales
Land Sales Status	Tender closed on 18 Jan 2022
Successful Bidder / Developer	Hong Leong Holdings, GuocoLand and TID
Estimated No. of Units	Est. 595 residential units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	17,130.5
Site GFA (sqm)	51,391.6
Reserve Price ($m)	-
Highest bid ($m)	586.6
Highest bid ($psf)	1060.4
Development Charge ($m)	-
Number of bids	4
Est. Breakeven ($psf ppr)	1749
Est. Selling Price (PSF)	2100-2200

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