Ask The Charlotte Home Inspector

  As nearly all public buildings in Singapore property have attained some level of basic accessibility, and virtually nine in 10 buildings near Orchard Road now offer some accessibility features, the government is not ruling out legislation to provide already existing buildings constructed prior 1990 an added momentum to meet basic accessibility requirements. ‘We probably […]

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It seems that more second-time applicants  are opting for executive condominiums (ECs). This is according to a Singapore property developers. This is because the pool of first-time flat buyers is decreasing by reason of a recently-ramped up supply of Build-to-Order flats. Prices of the 728 units at a new EC in Punggol – Twin Waterfalls […]

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  A 99-year leasehold executive condominium site at Fernvale Lane yesterday drew a top bid of $245 million, or $295.60 per square foot per plot ratio (psf ppr). The top bid, which was placed by Peak Living, a subsidiary of Kheng Leong Group, defeated three others. The second highest offer of $290.03 psf ppr was […]

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A number of developers and overseas property buyers have pulled out of Singapore owing to the implementation of new regulations introduced by the government. Overseas property professional has reported that international sales have fall down by 78 per cent in the first quarter of this year. The remarkable downturn in homes sales sold to overseas […]

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WESTERN Australia is concluding its trade and investment office in Malaysia while opening a new Singapore office as part of a major effort to re-orientate the state’s economy towards Asia. The new office, situated at Suntec City, was formally opened by visiting Western Australian premier Colin Barnett yesterday. The facility – the 10th such overseas […]

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  A BETTER-THAN-EXPECTED showing for retail sales in January, buoyed by stronger influx of tourist, reveals a recovery in consumer confidence locally and overseas. The best ever growth of inbound tourists in five months helped encourage the sale of luxury goods, while the momentum of recovery in retail sales was aided by a strong showing […]

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Contrary to the industry-wide understanding that buyers do not look for homes during the Chinese New Year, what happened in the past week only proved such misconception as false. Condominium launches over the past weekend were  busy with activity. Watertown in Punggol Central, to mention a few, was able to sell 224 units. This was […]

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Global Logistic Properties (GLP) declares that its third quarter net profit increases by 3.4 per cent year-on-year to US$86.3 million. This was brought about  by higher revenue contribution derive from its new properties situated in China. Revenue for the quarter ended Dec 31 escalated by  18.8 percent to US$144.7 million from the previous year. GLP, […]

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Why HDB resale flat prices will not fall any time soon When property agency bosses at a seminar early this month envisaged a 3 to 5 per cent drop in the prices of Housing and Development Board (HDB) resale flats for this year, probably declining up to 10 per cent should economic conditions get worse, […]

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SINGAPORE: The high sales volume of new private homes make out in the first quarter of 2012 is not expected to be sustainable. This is a statement from a real estate consultancy CBRE. In the first three months of 2012, CBRE expects 5,200 units of new private homes to change hands, the second highest from […]

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