Latest

What is the CCR sales trend prediction moving forward?

### Price Growth - CCR expected to see robust price growth despite cooling measures. - 3.4% quarterly price growth in Q1 2024. - CCR property price index expected to grow by 6% to 8% for the year. ### Demand from Resale Market - Low supply of new units pushing buyers to resale market. - Strong price growth in CCR due to resale market demand. ### Foreign Buyer Impact - Higher ABSD rates reduced foreign buyers, but they still buy prime properties. - Increasing proportion of private homes purchased by locals. ### Supply and Demand Dynamics - Higher supply in RCR and OCR stabilizing prices. - Limited new supply and strong demand in CCR keeping prices buoyant. ### Market Outlook - CCR expected to outperform other segments due to strong demand and limited supply.
11 views

Most sought after number of bedrooms in District 9?

In District 9 of Singapore, smaller units (1- to 3-bedroom) are popular among investors, singles, and couples due to affordability and rental potential. Families may prefer 3- to 4-bedroom units, especially in River Valley. Luxury buyers seek larger, more spacious units in developments like Sophia Hills.
14 views

District 9 average price per square foot sales trend?

In District 9, the average sale price for a property is around $3 million, with an average price of approximately $2,420 PSF for a 1,226 sq ft unit. Top condo projects like Skyline @ Orchard Boulevard, The Marq On Paterson Hill, and Klimt Cairnhill have even higher PSF prices.
9 views

What is the source of your information?

Information on Singapore property and real estate, including buying and selling guidelines, is available on EdgeProp Singapore. This includes property news, transaction data, price trends, and real estate analysis tools. For buying an HDB after selling a private condo, refer to HDB guidelines discussed on EdgeProp.
5 views

If I have $1 million and want to buy a rental investment condo, which development should I consider?

Consider investing in these Singapore condos for high rental yields within a $1 million budget: 1. **NEWest**: 956-year leasehold in West Coast, high yields, accessible via bus, near Clementi Mall. 2. **Jool Suites**: Freehold in Farrer Park, small units, $725,000 or less, near Farrer Park MRT, Mustafa Centre, City Square Mall. 3. **Parc Imperial**: Near Haw Par Villa MRT, small units, $745,000, walking distance to amenities and transport.
10 views

Can I afford a house up to $2.4 million with a $17,000 monthly combined income?

With a combined monthly income of $17,000, you can afford a property priced up to approximately $2.4 million, assuming no other debt obligations. The TDSR limits your total debt servicing to $9,350 per month, and with a 75% LTV ratio, you would need to pay 25% of the property price in cash or CPF.
10 views

What areas are considered as RCR?

The Rest of Central Region (RCR) in Singapore includes areas close to the city center but not part of the Core Central Region (CCR). Key districts in the RCR are: - District 3: Queenstown, Alexandra, Tiong Bahru - District 4 (Part): Harbourfront, Keppel, Telok Blangah - District 9 (Part): Cairnhill, River Valley - District 10 (Part): Tanglin, Bukit Timah fringe - District 11: Newton, Novena - District 12: Balestier, Whampoa, Toa Payoh, Boon Keng, Bendemeer, Kampong Bugis - District 14: Geylang, Eunos - District 15: Tanjong Rhu, Amber, Meyer, Katong, Dunman, Joo Chiat, Marine Parade These areas offer a balance between centrality and affordability.
24 views

Is Serangoon considered as OCR or CCR?

Serangoon is part of the Outside Central Region (OCR) in Singapore, within Postal District 19, which includes Serangoon Garden, Hougang, and Punggol.
23 views

What is the current mortgage interest rate?

As of November 2024, mortgage interest rates in Singapore have eased. Fixed rates are as low as 2.45% from foreign banks, with local banks offering rates from 2.55% to 2.6%. Floating rates, pegged to SORA, range around 3.5%.
14 views

What is the minimum salary for a 1.8m loan?

To service a SGD 1.8 million loan, considering a 25-year tenure and 2.5% interest rate, the monthly repayment is approximately SGD 7,500. With a TDSR of 55%, the required gross monthly income is around SGD 13,636, translating to an annual salary of approximately SGD 163,632.
15 views