There are some road names that have been  Singapore history with the city’s rapid urban development and rejuvenation. If you are still looking for a lane named Jalan Bunga Raya in Balestier and off Irrawaddy Road, you may want to know that this road has been long gone over taken by a high rise residential development currently in construction. Domus, as the name of the new development, is a 29 storey residential development of 109 units which will be completed in the year of 2013.
 
 
Jalan Bunga Raya was previously a …

I promised to share with you more on Uncle A’s investment.   Uncle illustrated 2 shophouses he invested recently.
Shophouse 1 in Iskandar
The first one is a 3 storey shophouse in the new Iskandar site in Johor Bahru. He bought it at RM $650k. The shophouse unit obtained TOP at end 2008, but he delayed the take-over till middle last year. The reason being that the shophouse is located in the new township, and he would want the developer to take maintenance of the unit till the last minute if possible. …

Walking along the Kim Keat Road gives me a sense of nostalgia and laid back feel. The stretch of shophouses is made up of mix of two to 4 storey heights. They are of the more latter construction, and do not carry much of colonial influence in the design. A couple of units are not well taken care of, and they need face lifting.
 

Turning towards the Kim Keat Lane, you would see Fayidha Restaurant. It is a 24 hours shop serving Indian and Indian-Muslim food. I had the roti prata …

HDB flat upgraders are making up 44% of private residential sales in March. This figure is considered very high considering the figure is only 33 to 34% in Jan & Feb, and even lower in the previous years.
Just take a look at the commentary in bold on the high percentage of HDB buyers in the appended article. Many HDB upgraders are rushing into the private property market thinking that they might miss the boat if they wait for longer. The fear of missing the boat is somehow amplified with the ever increase …

Hi SunShine,
I am by no means an expert. Nor am I able to tell you if you purchase the XXXXX now the price will surge further or drop in the months coming.
In property investment, it is important to identify your goal. If you are looking for solely price appreciation, it seems that the risk is on the higher end since there have been talks on property bubble building up in Singapore and several cities. If you are looking for rental income and long term return, there is no good or bad time (at least to …

Source from Knight Frank LLP, Bloombery LP
Just take a look at the luxury homes price chart enclosed. No wonder there is still much great anticipation and optimism in the Singapore luxury home property market despite the many launches boosting the supply. In terms of the luxury home prices, Singapore still lags behind Hongkong, which is being ranked as the fourth most expensive city in the study. ‘Ideally’ speaking, the property investors can still look forward to 30% or more increase in property due to the much similarity between the two countries.
In …

Novena is fast setting itself as a distinctive medical cluster in Singapore with a number of leading medical institutions already located in the area. These include the Tan Tock Seng Hospital (Singapore’s second largest hospital), Thomson Medical Centre and specialist centres such as the Johns Hopkins International Medical Centre, Novena Medical Centre, National Neuroscience Institute (NNI), National Skin Centre (NSC) and the Renci Hospital.

The latest up and coming one is the Parkway Novena medical hospital, which is planned to be a world first class hospital with only A class single …

Balestier is sandwiched in between of the 2 ‘prime areas’ of Novena and Toa Payoh. I start to have this crazy bold idea why we are not able to have a MRT station in the middle of the 2 MRT station. Underground construction wise if not a problem if this is well planned. And it would not cause much hassle to the Balestier area since the construction site will be much more localized in the MRT station area.

Zhong Shan Park as Balestier MRT station
And I am think the current Zhong …

Yet another record breaking HDB flat from Bras Basah sold at $650,000 or a record smashing $736psf. This jaw dropping price was set by a Taiwance PR couple who purchased a HDB flat left with 70 year lease. On the other hand, the Government is stepping out strongly to maintain the stand that the public housing is still affordable, based on their own sets of parameter.
Let’s take a look at these 2 articles brilliantly dissecting the topic on housing affordability in Singapore:
The TRUTH about Housing affordability in Singapore….. By Diary of …

More than often, Hong Kong economic performance has always been taken as a benchmark for Singapore. It is especially so for the current heated property market. It is easily understood though, since both Singapore and Hong Kong share the similarity in terms of economic factors with no natural reserves, as well as the scarcity of land.
It is believed that there is much more room for the Singapore property market to appreciate. The analogy is taken from the reported average pricing of a 120 sqm apartment for Hong Kong, it costs the buyer $21,539 …