{"id":92772,"date":"2018-06-29T09:28:52","date_gmt":"2018-06-29T02:28:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/propertyguru-news-roundup-june-2018\/"},"modified":"2018-06-29T10:02:56","modified_gmt":"2018-06-29T03:02:56","slug":"propertyguru-news-roundup-june-2018","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/propertyguru-news-roundup-june-2018\/","title":{"rendered":"PropertyGuru News Roundup (June 2018)"},"content":{"rendered":"


\nOur top Singapore property stories.
\nNew Zealand: We Don\u2019t Want Foreign Buyers \u2014 Except Singaporeans?
\nThe New Zealand government recently announced that Singapore will be a \u201ccarve-out\u201d nation, granting citizens in the Southeast Asian city-state the right to buy property in the archipelago,\u00a0Stuff\u00a0reported.
\nSingapore nationals will join Australians and certain types of visa holders in an exemption from a controversial bill seeking to ban\u00a0sales in the Kiwi residential property market to foreigners.
\nDeputy Prime Minister Winston Peters noted that New Zealand has a side-letter agreement with Singapore if denizens from the latter begin buying homes at such significant quantities. Read more<\/p>\n

Singapore Private Home Prices May Surge 20% This Year: Savills
\nProperty consultancy Savills reckons that private home prices here may rise 15 to 20 percent for the whole of 2018 \u2013 up from its previous forecast of between 12 and 15 percent, reported\u00a0Singapore Business Review.
\nIt raised its estimates after 22 units were sold for a minimum of $10 million each over the past few months, with 102 units taken-up for at least $3,000 psf in Q1, according to data from the Urban Redevelopment Authority.
\nMoreover, the island-wide private home price index increased 3.9 percent quarter-on-quarter in Q1. This is the highest growth in nearly eight years since Q2 2010, following lower quarterly gains of 0.7 percent and 0.8 percent in the third and fourth quarters of 2017 respectively. Read more<\/p>\n

Queenstown HDB Flat Sold For $1.1m, Setting New Record For 5-Room Flats Outside Pinnacle @ Duxton
\nAn HDB resale flat at Holland Drive in\u00a0Queenstown\u00a0has been sold for a sky-high price of $1.1 million in June, setting a new record for the most expensive 5-room unit sold outside the iconic\u00a0Pinnacle @ Duxton\u00a0housing project.
\nThe record also excludes executive flats which are bigger, and Design, Build and Sell Scheme flats developed and sold by private developers.
\nData from the Housing Board website shows that the 1,259 sq ft flat is located in Block 18C between the 37th and 39th floors. It has a remaining lease of 93 years. Read more<\/p>\n

3 Residential Sites Yielding 1,880 Homes Released For Sale
\nThree residential sites that could yield a total of 1,880 housing units were released for sale by the Urban Redevelopment Authority (URA) and Housing and Development Board (HDB) on 31 May under the Government Land Sales (GLS) Programme for the first half of 2018.
\nAmong them is a confirmed list site at Dairy Farm Road in District 23 intended for private housing with first storey commercial premises.
\nSpanning 211,483.93 sq ft, the 99-year leasehold site has a gross floor area (GFA) of 444,118.94 sq ft. The tender exercise for the land parcel, which comes with a height restriction of up to six storeys, will close on 4 September. Read more
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…PropertyGuru News Roundup (June 2018)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Our top Singapore property stories. New Zealand: We Don\u2019t Want Foreign Buyers \u2014 Except Singaporeans?...<\/p>\n","protected":false},"author":1,"featured_media":92773,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-92772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/06\/Dairy-Farm-Road-site.jpg?fit=816%2C461&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-o8k","jetpack-related-posts":[{"id":142232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-singapore-prime-property-prices-to-see-big-declines-as-high-rates-weigh-on-sentiment-savills\/","url_meta":{"origin":92772,"position":0},"title":"Hong Kong, Singapore prime property prices to see big declines as high rates weigh on sentiment: Savills","date":"February 7, 2024","format":false,"excerpt":"\r Of the 30 cities monitored in the Savills World Prime Residential Index, 17 will see price declines, with Hong Kong projected to see the highest drop of up to 10 per cent and as much as 3.9 per cent in Singapore.\r \r Source : South China Morning Post\r Read\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-private-home-prices-may-surge-20-this-year-savills\/","url_meta":{"origin":92772,"position":1},"title":"Singapore private home prices may surge 20% this year: Savills","date":"June 18, 2018","format":false,"excerpt":"\r Official data shows that over 100 private units were sold for at least $3,000 psf in Q1 2018. Property consultancy Savills reckons that private home prices here may rise 15 to 20 percent for the whole of 2018 \u2013 up from its previous forecast of between 12 and 15\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118615,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savills-residential-to-merge-with-huttons-asia\/","url_meta":{"origin":92772,"position":2},"title":"Savills Residential to merge with Huttons Asia","date":"September 15, 2020","format":false,"excerpt":"\r Marcus Loo, CEO of Savills Singapore. Photo: Savills Singapore. Savills Residential, the associate\u2019s arm of Savills Singapore, will merge with Huttons Asia, making it the latest consolidation among property agencies in Singapore, reported The Business Times (BT). With the merger, Hutton\u2019s current pool of 3,044 brokers will be strengthened\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-prime-residential-properties-still-among-the-worlds-most-expensive\/","url_meta":{"origin":92772,"position":3},"title":"Singapore Prime Residential Properties Still Among The World\u2019s Most Expensive","date":"August 6, 2019","format":false,"excerpt":"\r Singapore remained in the world\u2019s top ten most expensive market for prime residential property, even as prices here fell 1.1 percent during the first half of 2019, revealed a Savills report. About half of those in the list registered a drop in prices, including second place New York, where\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83335,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/george-tan-appointed-as-executive-director-of-savills-residential\/","url_meta":{"origin":92772,"position":4},"title":"George Tan appointed as executive director of Savills Residential","date":"March 21, 2018","format":false,"excerpt":"\r George Tan, executive director of Savills Residential. (Photo: Savills) Savills Singapore has appointed George Tan as its new executive director of Savills Residential \u2013 the company\u2019s residential project marketing arm \u2013 effective immediately. Tan has been with the firm for 12 years and was a key member in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105393,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-luxury-home-prices-up-7-7-in-2018\/","url_meta":{"origin":92772,"position":5},"title":"Singapore luxury home prices up 7.7% in 2018","date":"March 26, 2019","format":false,"excerpt":"\r Singapore registered the third highest increase in prime residential prices at 7.7 percent, behind Berlin and Shanghai. Prime residential prices across the world\u2019s key cities eased significantly to just 0.4 percent during the second half of 2018, but overall increased by 2.3 percent across 2018, revealed Savills\u2019 world cities\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92772"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=92772"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92772\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/92773"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=92772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=92772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=92772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}