Recent blog posts - Property Launches & Investments

Why aren’t rental yields rising along with property prices?

Posted by Property Launch Invest on Wednesday, 26 December 2018 in Property News

All eyes are on Singapore’s real estate prices as the market picks up, and investors start to get curious on how rents relate to them. One thing for certain is that real estate prices do not always have a direct relationship with rentals in Singapore. For instance, as property prices recover, the private rental market continues to remain weak.

In this article, we seek to explore the relationship between property prices and rentals, and the reasons behind the decline in rental yield in recent years.

En Bloc Sales Process Singapore – A Definitive Step-by-step Guide

Posted by Property Launch Invest on Wednesday, 26 December 2018 in Property News

En bloc Sales Process starts off officially with he forming off the Collective Sales Committee (CSC). A minimum of 20% of the share values or owners comprising 25% of the total number of subsidiary proprietors’ votes.

Owners of developments which had failed in an earlier round of En bloc sales in Singapore needs wait 2 years before re-starting the En Bloc sales process by proceeding to obtain a higher threshold of 50% of the share values or 50% of the subsidiary proprietors’ votes before calling for an Extra-ordinary General Meeting (EOGM).

Enbloc Sales- 8 potential conflicts to consider

Posted by Property Launch Invest on Saturday, 22 December 2018 in Property News

Enbloc redevelopment can be either good or bad. There are many pitfalls along the way of going Enbloc. In order to proceed to the Enbloc stage, you must obtain 80% of the home owner’s (share value and area value) consent within a stipulated period for properties older than 10 years.

The rules are quite onerous and stringent and is governed by the Land Titles (Strata) Act – section 84A. Along the years, additions and amendments by the ministry of law to the enbloc law have made the Enbloc rules even tighter.

Prices of older condos in Amber area testing new highs

Posted by Property Launch Invest on Friday, 21 December 2018 in Property News

With the en bloc beneficiaries at Amber Park expecting to collect their sale proceeds soon, owners of condominiums in the neighbourhood are enjoying a price uplift.

The 200-unit Amber Park was sold en bloc to listed property developer City Developments (CDL) last October for $906.7 million, or $1,515 psf per plot ratio (ppr). Owners of typical three-bedroom units in the project will receive $4.376 million each, while penthouse owners will pocket $8.3 million each. Based on the land rate of $1,515 psf ppr, CDL is expected to price the new 600-unit development, called The Opus, at $2,300 to $2,400 psf.

New Launch vs. Resale Condos: Which is a Better Investment Property?

Posted by Property Launch Invest on Friday, 21 December 2018 in Property News

When choosing between a shiny new launch and a well-maintained resale condo for your investment property, here’s the key tip: Consider whether you are a new landlord or seasoned investor.

One popular argument is that investing in resale units are less risky for new landlords, while new launches are better suited for seasoned investors to assess. Bear in mind that when you’re buying an investment property to rent out, you have a different set of considerations from the typical homeowner. That means looking at things in terms of cold, hard numbers, and how pretty (or otherwise) a property might look could matter less.

Regardless, if you’re buying for investment purposes, this article might help you make a wise choice between a new condo versus a resale unit.

Singapore’s Rental Market To Soften On Lower Expat Arrivals

Posted by Property Launch Invest on Thursday, 20 December 2018 in Property News

Singapore’s rental market is expected to soften next year on the back of the declining number of expats coming into the city-state.

The number of non-residents in Singapore dropped by 0.1 percent to 1.64 million in June, after falling by 1.6 percent last year, reported Singapore Business Review.

Singapore Property Market roundups and predictions for 2019

Posted by Property Launch Invest on Monday, 17 December 2018 in Property News

Singapore’s private property market experienced robust growth but was muted midway by property cooling measures. We list down the key highlights in our 2018 property market roundups and our outlook for 2019.

Singapore’s private property market saw a steep rebound from the fourth quarter of 2017 after many quarters of decline in its Property Price Index (PPI) since the fourth quarter of 2013.

Figures from the Urban Redevelopment Authority (URA) showed that the Lion City’s PPI surged by 11.0 points from 138.7 in the fourth quarter of 2017 to 149.7 points in the third quarter of 2018.

China's Economy and Its Effect on the U.S. Economy

Posted by Property Launch Invest on Sunday, 16 December 2018 in Property News

The Surprising Ways China Affects the U.S. Economy

China's economy produced $23.12 trillion in 2017, based on purchasing power parity. It's the world's largest economy. The European Union is second, at $19.9 trillion. The United States fell to third place, producing $19.3 trillion.

China has 1.38 billion people, more than any other country in the world. China is still a relatively poor country in terms of its standard of living. Its economy only produces $16,600 per person, compared to the U.S. gross domestic product per capita of $59,500.

Singapore housing curbs won't cool prices, says Morgan Stanley

Posted by Property Launch Invest on Saturday, 15 December 2018 in Property News

[SINGAPORE] Singapore home prices may rise as much as 10 per cent by the end of next year and are on track to double by 2030 as faster income growth overpowers recent property curbs and higher interest rates, according to Morgan Stanley.

Home prices rose in four of the five previous rate hike cycles, Morgan Stanley analysts said in a note to clients. Faster economic growth, the city-state's attraction as a global hub and demand from buyers flush with cash from en-bloc redevelopments will underpin the housing market, they said.