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New launch or resale property: 4 considerations to think about in 2021


A snapshot of resale condo prices
 
Resale condo prices were more resilient than their new launch counterparts. Prices averaged $1,337 psf in end-May, despite falling sales volumes. The average was also pulled up by The Marq on Paterson Hill, where a penthouse unit was sold for $13.3 million, or about $4,305 psf.
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Resale volumes have dropped to 1,317 units, down from 1,643 units the month before. The reason is similar to the drop in new launch counterparts – realtors are facing the challenge of having only two persons (including the agent) at home viewings.
Some realtors have expressed that the situation is worse for resale than for new launch condos. One of them explained that: ....

Singapore General , Paterson Hill , Orchard Boulevard , Spark Nova , Heightened Alert , Government Land Sales , Braddell View , Bullion Park , Wakefield Singapore , Keppel Bay , Hill Residences , Great World , சிங்கப்பூர் ஜநரல் , பேட்டர்சன் மலை , ஆர்சர்ட் பவுல்வர்டு , பூங்கா நோவா , அரசு நில விற்பனை , பொன் பூங்கா , வேக்ஃபீல்ட் சிங்கப்பூர் , கெபல் வளைகுடா , மலை குடியிருப்புகள் , நன்று உலகம் ,

SingHaiYi JV Wins Maxwell House Site in Singapore


Mingtiandi
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Tang and Co plan to redevelop Maxwell House into a mixed-use project
A pair of Singapore-listed firms controlled by a mysterious mainland investor with links to the younger brother of former US president George W Bush has teamed with a Hong Kong construction firm to win a tender for a mixed-use project in the Lion City’s Tanjong Pagar area.
SingHaiyi Group, which is controlled by mainland-born billionaire Gordon Tang and wife Celine, joined with Chip Eng Seng Corporation, which the Tangs also control, and an affiliate of Hong Kong-listed Chuan Holdings in a joint bid for the en bloc purchase of the building known as Maxwell House at a price of S$276.8 million ($207.8 million) on Thursday, according to a filing with the Singapore Exchange. ....

Tang Jialin , United States , Hong Kong , Robinson Point , Tanjong Pagar , Singapore General , Gordon Tang , Georgew Bush , Cushman Wakefield , Celine Tang , Neil Bush , George Bush , Christina Sim , Heng Seng , Sin Capital Group , Tuan Sing Holdings , American Pacific International Capital , Chuan Holdings , Eagle Hospitality , Singhaiyi Group , Logistics Forum , Tang Dynasty Pte Ltd , Ara Us Hospitality , Robinson Centre , Chip Eng Seng Corporation , Singapore Exchange ,