With a looming recession and amid COVID-19 outbreak, here's what may happen.
*LATEST 🎉 NEW INFOGRAPHICS TEMPLATE: 1Q2020 Private and Public Housing statistics* *Private New Home sales* performed exceptionally well in 1Q2020, a 16.9% (y-o-y) increment as compared to the same time period in 2019. Despite the sales performance of the private new homes in the first quarter, we can expect a contraction in the second quarter. We are projecting a sales volume in the range of 7,000 to 7,500 units for 2020. A 24% to 29% drop in private new home sales volume as opposed to the 9,912 units sold in 2019. *Public Housing:* The first quarter of the year experiences a slower start from the post-seasonal break and CNY festivities. Nevertheless, there has been a 21.9% (y-o-y) increase as compared to 2019, when there were 4,835 HDB resale flats transacted. Jason Goh 98483250 Jasonhomeproperty.com #propnexempowers ... See more
*NEW: March 2020 Monthly Private New Home Sales Report! *Excerpt from the report:* 📈 “A total of 660 private new home sales (excluding ECs) were transacted for the month of March. In the absence of major launches, there was a 32% month-on-month (m-o-m) drop as compared to the 976 units sold in the previous month. However, comparing the first 3 months of 2020 against the 2019 and 2018, we can clearly observe the increase in sales this year. With a 16% (y-o-y) surge as compared to 2019.” Read the full report here: https://bit.ly/2XLfjCp Jason Goh 98483250 Jasonhomeproperty.com ... See more
*NEW INFOGRAPHICS TEMPLATE: Developers sold a total of 660 units of Private New Homes for the month of MAR 2020* ✨ *LATEST DATA RELEASED*: A total of 660 units of Private New Homes (Excluding ECs) were sold for the month of March 2020. Mr Ismail Gafoor mentioned that, “Even though in the absence of major new project launches, sales for the month of March were commendable. Notably, the top 3 non-EC projects were Jadescape, Treasure At Tampines and Parc Esta. Each development moved more than 60 units each.” Mr.Ismail further stated that, “Despite the current Covid-19 pandemic, rightly priced projects that were previously launched have been a pull-factor in attracting buyers and investors. A trend that we expect to continue in the aftermath of circuit breaker measures.” Jason Goh 98483250 Jasonhomeproperty.com #propnexempowers ... See more
During the Asian Financial Crisis in 1997, people thought Singapore property prices would stop rising forever. They didn't. During the dot-com bubble, SARS and September 11, people thought property prices would stagnate. They didn't. During the Global Financial Crisis, people said property prices were too expensive and not worth buying. We all know what happened next. It's true today's Covid-19 situation is different from what we faced in the past. But if you think about it – dot-com bubble was different from SARS, and September 11 was different from Global Financial Crisis. Every downturn is different, and people will always say "the world is going to end" to find reasons NOT to invest. If you believe Singapore will no longer exist in the next five years, sure. Don't invest. Your money will be worthless anyway. Time to learn how to start a fire and plant your own crops. But if you believe Singapore will recover – and we have absolute faith in this country – then get ready for one of the best opportunities in a lifetime. Get your money ready, spend prudently, and then hang on for dear life. All the best – it's a buyer's market. ... See more
SINGAPORE - Singapore's property market may have caught its first chill from the coronavirus with quarterly private home prices declining for the first time in a year.. Read more at straitstimes.com.
(LATEST FROM URA) 🎉 A total of 975 units of Private New Homes (Excluding ECs) were sold for the month of February 2020! CEO Mr Ismail Gafoor highlighted, “Although the impact of the Covid-19 virus is reverberated throughout the Singapore’s economy, the private new home sales segment continues to be in strong demand. This is mainly due to attractive pricing adopted by developers. For the month of February, there was a 57.3% increase in sales as compared to January. While, on a year-on-year comparison, it was a 114.3% surge.” The top 5 best-selling new launches for the month of February were The M, Parc Canberra, Treasure At Tampines, Parc Esta and Jadescape. The M was the best-selling development, with a total of 380 units sold at a median price of $2,439 psf. While, the second best-selling project was Parc Canberra, which sold a total of 324 units at a median price of $1,111 psf. 98483250 Jason Goh jasonhomeproperty.com #propnexempowers #1propnex ... See more
🔥Kopar@Newton🔥 2 Towers of 23-Storey Apartments (Total 378 units) with Landscape Deck, Basement Carparks & Communal Facilities. • Developer: CEL Newton Pte Ltd • Architect: ADDP Architects LLP • Professional Engineer: TW-Asia Consultants Pte Ltd • M & E Engineers: United Project Consultants Pte Ltd • Quantity Surveyors: Arcadis Singapore Pte Ltd • Builder: United Tec Construction Pte Ltd 📍Centrally located along Kampong Java Road (Newton/ Bukit Timah vicinity) 📍Proudly developed by Chip Eng Seng (CEL) 📍Site of 11,643.3 sqm (125316sf) with 378 units 📍$1192psf ppr ✅ Within an *established private residential* estate ✅ Minutes walk to Newton *MRT Interchange* Station. ✅D9 @Low Land Price 1192psf ppr ✅ Next to Newton MRT ✅ One station to Orchard MRT ✅ 1KM to 3 renowned schools • Landmark Tower at Chin Swee Road (D3) enbloc $1,406 psf ppr • The M in Middle Road (D7) GLS $1,458 psf ppr (Resi w commercial) • Leedon Green at Farrer Road (D10) enbloc $1790 psf ppr • The Atelier former Makeway View enbloc (D9) $1,626 psf ppr (small FH plot next to Kopar) • Chancery Court (D11) enbloc to Far East $1610 psf ppr *Sites close to MRT station not often available* 🍀🍀🍀🍀🍀🍀🍀🍀🍀Kopar (D9) GLS land parcel to CEL at $1192 psf ppr 5 mins walk to Newton MRT Interchange 🍀🍀🍀🍀🍀🍀🍀🍀🍀 *$2100psf for DISTRICT 9*😱😱😱😱 *KOPAR AT NEWTON indicative prices* 1BR from $1.0x mil $2126psf 2BR Classic from $1.3x mil $2263psf 2BR Deluxe from $1.4x mil $2176psf 3BR Classic from $1.9x mil $2175psf 3BR Deluxe $2.2x mil $2193psf 4BR from $3.4x mil $2299psf 5BR from $3.9x mil $2212psf Register now for VVIP preview 98483250 Jason Goh ... See more
🆘 𝐖𝐢𝐭𝐡 𝐬𝐭𝐨𝐜𝐤 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐮𝐦𝐛𝐥𝐢𝐧𝐠 𝐭𝐨 𝐭𝐡𝐞 𝐫𝐞𝐝𝐬, savvy investors are looking for tangible investments to hedge and ride on the trend. One of the many reasons why transaction volume increased in Jan/Feb despite current situation and even more compared to past 2 years. 😱 Discover why so many people continue to take Massive Action. 💡 Did they know something that you don’t? 🤷🏻♀️🤷🏻♂️ Join us for our upcoming seminar on 13th March at 7pm to find out why. ✅🙋🏻♀️🙋🏻♂️ 📲RSVP with me now! 📲98483250 https://www.propnex.com/seminar/template/153/R009965E https://youtu.be/aHtGYFwzRUE Jason Goh 📲98483250 R009965E #PropNexRealty #TreasureAtTampines #ConsumerEmpowermentSeminar #ValueAdd #BuildingLegaciesForGenerations ... See more
It sounds like the most logical thing to do by not taking any action during this crisis period where COVID 19 hits the world and stocks plummet. However, the...
Did you miss out on the recent launch? 🧨 *Didn't Get Your Choice Units 😕* OR 🧨 *Too Many Buyers After* The Same Few Stacks 😕 OR 🧨 Units Left Are *Priced Too High* 😕 & 🧨 You *Decided To Put Off Buying* 😭 DON'T WORRY! We have just the *RIGHT PROJECT for You*! _ ✅FREEHOLD FREEHOLD FREEHOLD FREEHOLD✅_ What if we tell you - We Have One With All The Following: 🎯 *FREEHOLD @ Leasehold Prices* 🎯 *RCR* 🎯 *Medical Hub Transformation* 🎯 *Private Sales* 🎯 *Below Breakeven Prices* 🎯 *Immediate Booking* Interested to know more? 😏😏😏😏😏😏😏 98483250 Jason Goh Jasonhomeproperty.com ... See more