Issue 346

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 CONTENTS FROM THE

p2 The Best Advice for Home Buyers is…

EDITOR
Welcome to the 346th edition of the
Singapore Property Weekly.
p6 Resale Property Transactions
Hope you like it!
(January 27 – February 2) Mr. Propwise

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 SINGAPORE PROPERTY WEEKLY Issue 346

The Best Advice for Home Buyers is…

By Property Soul(guest contributor)

A Hong Kong actress met a renowned

fengshui master recently at a press
conference. With Chinese New Year
approaching, she asked him about her
relationship fortune in the new year.“You will
find Mr. Right these two years. If you want a
good marriage, remember one thing: No need
to find a very good man. Just don’t pick a 衰
人 (bad guy).”

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 SINGAPORE PROPERTY WEEKLY Issue 346

This is the best relationship advice I’ve known actress in the region. It is not
heard from a fortune teller! necessary to marry the talented. She herself
is an award-winning actress.
The first prediction is a self-fulfilling prophecy.
If the actress believes what the fengshui And the most important part of the advice is
master said, from now on she will start “don’t pick a 衰人” (bad guy).What does a bad
focusing more on her relationship and will guy mean? A bad husband can be mean,
consider all her suitors seriously. Then very selfish, jealous, controlling, unfaithful,
soon she will tie the knot. It’s very likely to abusive, violent or have addiction problems.
happen in the next two years.
The fengshui master knows that it is fine for
The second piece of advice is necessary. In the actress to marry any ordinary man,
case it’s a bad marriage, the actress might except to a bad guy which can lead to very
blame the fengshui master for rushing or serious consequences.
misleading her into making a bad decision.
The opposite of bad is not good
The best part of his advice is “no need to find
a very good man” and “don’t pick a bad guy”. The opposite of bad is “normal”.

The actress doesn’t need more: There is no Sounds easy, isn’t it? If it is that simple, why
need for her to marry the rich. She herself is do we still hear so many women complaining
a millionaire actress. She doesn’t have to about their bad husbands?
marry the famous either. She herself is a well- It works the same way when buying a home.

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 SINGAPORE PROPERTY WEEKLY Issue 346

The best advice for home buyers is simply: or interior fengshui due to bad direction,
Most people don‟t have to wait for the best project design or layout.
time to enter the market or buy the best type
If you think these things are just common
of properties. They only need to buy an
sense, then common sense is not very
“ordinary” home free of major problems and
common.
at a reasonable price.
The saddest part is: These buyers don’t know
Sounds easy, isn’t it? If it is that simple, why
what the problem is. They may even pay top
do we still have so many buyers regretting
dollars for these bad properties.
later that they have bought a bad property at
the wrong price at the peak of the market? Buying a home is probably the most
expensive item one would purchase in a
I have personally stepped into a hundred
lifetime. I am not saying they all have to
showflats and gone for hundreds of flat or
attend my Buying My First Private
house viewings. You will be surprised how
Property or How to Buy Good Quality
many home owners bought the wrong types
Properties workshops. I just wonder how
of condominium units and landed houses.
many buyers care to do some homework
Some are situated in a totally wrong area. before they buy:
More are located near to undesirable
1. Study the actual location, environment and
establishments. Many come with bad exterior
amenities nearby.

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 SINGAPORE PROPERTY WEEKLY Issue 346

2. Check the past sales transactions of similar the government many years ago. Its value
projects in the last 5 to 10 years. appreciated over time. They have paid off
most of the housing loan and managed to
3. Google for useful home buying tips instead
save a low six-figure sum.
of just listening to property agents or people
with vested interests. When they read the news that property prices
will go up in the next two years, they start to
Taiwanese illustrator and writer Jimmy Liao (
focus on house hunting and seriously
幾米) wrote this in one of his picture books:
consider upgrading their home to a private
He met a rabbit who lost its way. It asked him property.
to help find the way home.
They are helping the industry stakeholders to
He asked it „where‟s your home?‟
make their prediction a self-fulfilling prophecy
„If I know where my home is, I won‟t lose my
– except this time the fortune tellers didn’t
way,‟ the rabbit said seriously.
warn them not to pick a bad property.
Do you know the common type of
By guest contributor Property Soul, a
homebuyers coming to me for advice these
successful property investor, blogger, and
days? They are middle-aged PMETs
author of the No B.S. Guide to Property
(Professional, Managers, Executives and
Investment.
Technicians) with school-going children. They
bought a subsidized first-hand HDB flat from

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 SINGAPORE PROPERTY WEEKLY Issue 346

Non-Landed Residential Resale Property Transactions for the Week of Jan 27 – Feb 2

Postal Area Transacted Price Postal Area Transacted Price

Project Name Tenure Project Name Tenure
District (sqft) Price ($) ($ psf) District (sqft) Price ($) ($ psf)
1 ONE SHENTON 581 1,162,000 1,999 99 9 RICHMOND PARK 1,550 4,500,000 2,903 FH
1 THE CLIFT 527 1,053,000 1,996 99 9 THE METZ 581 1,400,000 2,409 FH
3 THE CREST 1,324 2,426,000 1,832 99 9 THE METZ 1,066 2,550,000 2,393 FH
3 THE CREST 1,884 3,433,000 1,822 99 9 THE COSMOPOLITAN 1,141 2,550,000 2,235 FH
3 THE CREST 1,216 2,185,000 1,796 99 9 THE VERMONT ON CAIRNHILL 893 1,900,000 2,127 FH
3 ECHELON 1,572 2,550,000 1,623 99 9 THE PIER AT ROBERTSON 1,206 2,350,000 1,949 FH
3 THE REGENCY AT TIONG BAHRU 1,636 2,305,000 1,409 FH 9 THE INSPIRA 1,206 2,300,000 1,908 FH
3 RIVER PLACE 829 1,100,000 1,327 99 9 RESIDENCES AT 338A 1,206 1,990,000 1,651 FH
3 QUEENS 1,184 1,375,000 1,161 99 10 GRAMERCY PARK 1,981 6,187,440 3,124 FH
4 MARINA COLLECTION 3,412 6,300,000 1,846 99 10 LEEDON RESIDENCE 2,131 4,600,000 2,158 FH
4 CORALS AT KEPPEL BAY 1,302 2,400,000 1,843 99 10 MADISON RESIDENCES 1,776 3,428,000 1,930 FH
4 THE OCEANFRONT @ SENTOSA COVE 1,711 2,750,000 1,607 99 10 MILL POINT 915 1,500,000 1,639 999
4 CARIBBEAN AT KEPPEL BAY 1,356 2,090,000 1,541 99 10 HOLLAND RESIDENCES 1,916 2,965,000 1,548 FH
4 CARIBBEAN AT KEPPEL BAY 1,249 1,920,000 1,538 99 10 TANGLIN REGENCY 850 1,185,000 1,394 99
4 THE INTERLACE 1,593 2,050,000 1,287 99 10 ASTRIDVILLE 2,433 3,250,000 1,336 FH
4 THE PEARL @ MOUNT FABER 1,163 1,350,000 1,161 99 10 DUCHESS CREST 1,378 1,838,000 1,334 99
5 SEAHILL 1,130 1,475,000 1,305 99 10 GLENTREES 1,991 2,650,000 1,331 999
5 THE ESTIVA 1,001 1,250,000 1,249 FH 10 RIDGEWOOD 2,002 2,613,000 1,305 999
5 THE VISION 904 1,128,000 1,248 99 11 GILSTEAD TWO 904 1,810,000 2,002 FH
5 BOTANNIA 883 1,050,000 1,190 956 11 SKY@ELEVEN 1,851 3,235,000 1,747 FH
5 THE INFINITI 1,302 1,380,000 1,060 FH 11 SHELFORD SUITES 1,270 1,980,000 1,559 FH
5 REGENT PARK 958 900,000 939 99 11 AMARYLLIS VILLE 980 1,470,000 1,501 99
5 WESTCOVE CONDOMINIUM 1,227 1,080,000 880 99 11 MINBU COURT 1,270 1,500,000 1,181 FH
8 CITYLIGHTS 893 1,387,000 1,552 99 12 BOON TECK APARTMENTS 1,238 1,268,000 1,024 FH
9 NEW FUTURA 2,250 7,453,800 3,313 FH 12 MONVILLE MANSIONS 1,615 1,412,000 875 FH

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 SINGAPORE PROPERTY WEEKLY Issue 346

Postal Area Transacted Price Postal Area Transacted Price

Project Name Tenure Project Name Tenure
District (sqft) Price ($) ($ psf) District (sqft) Price ($) ($ psf)
13 E MAISON 1,023 1,419,924 1,389 FH 15 NEPTUNE COURT 1,270 928,000 731 99
13 ONE LEICESTER 1,378 1,750,000 1,270 FH 16 COSTA DEL SOL 1,313 1,720,000 1,310 99
13 R MAISON 1,184 1,406,592 1,188 FH 16 EASTWOOD REGENCY 420 520,000 1,239 FH
14 WATERBANK AT DAKOTA 624 1,070,000 1,714 99 16 WATERFRONT KEY 893 1,020,000 1,142 99
14 THE WATER EDGE 366 465,500 1,272 FH 16 CASA MERAH 1,216 1,315,000 1,081 99
14 LE CRESCENDO 947 1,160,000 1,225 FH 16 CHANGI COURT 1,163 1,185,000 1,019 FH
14 VACANZA @ EAST 1,023 1,150,000 1,125 FH 16 FAIRMOUNT CONDOMINIUM 1,227 1,050,000 856 99
14 SIMS RESIDENCES 1,647 1,180,000 717 99 16 AQUARIUS BY THE PARK 1,098 900,000 820 99
15 AMBER SKYE 527 1,320,000 2,503 FH 16 TANAMERA CREST 1,647 1,340,000 814 99
15 AMBER SKYE 1,119 2,326,570 2,078 FH 16 OPTIMA @ TANAH MERAH 1,970 1,500,000 761 99
15 THE SEA VIEW 1,647 3,200,000 1,943 FH 17 PARC OLYMPIA 775 775,000 1,000 99
15 SILVERSEA 1,496 2,700,000 1,805 99 17 THE INFLORA 818 720,000 880 99
15 THE WATERSIDE 2,400 4,300,000 1,791 FH 18 RIPPLE BAY 1,087 988,000 909 99
15 THE WATERSIDE 2,411 4,070,000 1,688 FH 18 CHANGI RISE CONDOMINIUM 1,496 1,320,000 882 99
15 16 @ AMBER 710 1,180,000 1,661 FH 18 NV RESIDENCES 1,453 1,230,000 846 99
15 ONE AMBER 1,658 2,680,000 1,617 FH 18 DOUBLE BAY RESIDENCES 2,142 1,720,000 803 99
15 SUNNYVALE RESIDENCES 1,130 1,806,000 1,598 FH 18 EASTPOINT GREEN 1,184 910,000 769 99
15 ONE EIGHTIES RESIDENCES 1,023 1,432,200 1,401 FH 18 CHANGI RISE CONDOMINIUM 1,830 1,360,000 743 99
15 PARKSHORE 1,335 1,838,000 1,377 FH 18 MELVILLE PARK 936 690,000 737 99
15 PARK EAST 1,722 1,980,000 1,150 FH 19 THE LUXURIE 775 900,000 1,161 99
15 SANCTUARY GREEN 1,711 1,900,000 1,110 99 19 KOVAN MELODY 1,302 1,488,000 1,142 99
15 SUNNY PARC 700 770,000 1,101 FH 19 OASIS GARDEN 1,033 1,125,000 1,089 FH
15 CASERO @ DUNMAN 850 890,000 1,047 FH 19 3@SANDILANDS 764 830,000 1,086 999
15 EASTCOVE RESIDENCES 904 918,000 1,015 FH 19 RIVER ISLES 753 796,000 1,056 99
15 HERITAGE RESIDENCES 1,345 1,330,000 988 FH 19 THE QUARTZ 1,066 1,030,000 967 99
15 N.A. 1,098 1,030,000 938 FH 19 FLO RESIDENCE 1,044 990,000 948 99
15 PALM OASIS 1,615 1,500,000 929 FH 19 EVERGREEN PARK 1,087 745,000 685 99

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 SINGAPORE PROPERTY WEEKLY Issue 346

Postal Area Transacted Price

Project Name Tenure
District (sqft) Price ($) ($ psf)
20 SKY HABITAT 893 1,300,000 1,455 99
21 THE NEXUS 1,345 2,250,000 1,672 FH
21 SIGNATURE PARK 1,023 1,120,000 1,095 FH
21 THE HILLFORD 506 545,000 1,077 60
21 SHERWOOD CONDOMINIUM 883 900,000 1,020 FH
21 FREESIA WOODS 2,110 1,800,000 853 FH
21 LE WOOD 1,270 1,038,000 817 99
22 THE LAKESHORE 861 960,000 1,115 99
22 CASPIAN 1,399 1,460,000 1,043 99
22 THE LAKESHORE 1,109 1,106,000 998 99
22 PARC VISTA 1,055 900,000 853 99
22 THE MAYFAIR 1,195 960,000 803 99
23 HAZEL PARK CONDOMINIUM 1,356 1,370,000 1,010 999
23 PARKVIEW APARTMENTS 1,130 845,000 748 99
23 REGENT HEIGHTS 1,023 700,000 685 99
23 PARKVIEW APARTMENTS 1,163 780,000 671 99
25 PARC ROSEWOOD 603 655,000 1,087 99
26 SEASONS PARK 1,044 833,000 798 99
27 ORCHID PARK CONDOMINIUM 958 710,000 741 99
28 SUNRISE GARDENS 1,991 1,380,000 693 99

NOTE: This data only covers non-landed residential resale property

transactions with caveats lodged with the Singapore Land Authority.
Typically, caveats are lodged at least 2-3 weeks after a purchaser
signs an OTP, hence the lagged nature of the data.

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