Transforming Jurong

Jurong residents can look forward to a more vibrant Jurong in a few years time. In addition, the Kuala Lumpur - Singapore High Speed Rail terminal looks set to come to Jurong. Cheers to Jurong resdents!

 

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Sharp rise in private home purchases in Q2

In the month of May 2014 , Coco Palm at Pasir Ris and The Panorama at Ang Mo Kio lead the sales in the new launch. In June 2014, The Skywoods at Dairy Farm Heights was the top seller.

News Article on The Skywoods and The Panorama

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Biggest HDB Enbloc

Queenstown is set for the biggest HDB Enbloc todate. Tanglin Halt and Dawson will be transformed as a result.

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Let’s get technical

Statistics don’t lie. Since 1975 we have witnessed 4 property cycles as shown in the graph below. The current cycle which started on 2009 has not ended yet. Let’s take a closer look at the graph.
 

Here are some facts we can draw from the graph.

 

   1. The property cycle is getting shorter. We used to have more than 10 years for one cycle. Now the cycle can be as short as 5 years.

 

   2. For every downturn, there are major world events.

 

   3. History repeats itself. Every cycle, the upturn far outweighs the downturn

 

   4. The current cycle is the 5^th Cycle since 1975. We are into the 5^th year of the current cycle.

 

    Where is the current cycle going to head?

                 When is the current cycle going to end?

                 What are the major world events in the current cycle?

 

Source:  http://www.singaporepropertycycle.com.sg/

 

 

 

Summary of all the cycles

More than $2 billion were invested into oversea property in 2013

Is this out flow of cash into oversea property, a result of the countermeasures implemented in recent months? Looks like people are still buying properties. When the going gets tough in the local property market, buyers are buying foreign property.

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It's a matter of pricing it right

New launches in the property market are still moving. It’s a matter of pricing it right. Buyers are snapping up units at the relaunch of The Panorama.

News article

 

Tuas or Jurong?

Tuas West and Jurong East are two locations being considered for the Singapore terminal of the proposed high speed rail linking Singapore and Kuala Lumpur, said Prime Minister Lee Hsien Loong on Monday. There is a hot discussion in the property forum discussing on the possible site for Singapore high speed rail (HSR) terminal.

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