Benefits of Decluttering Your House Before Selling
If you’re planning to sell your house, decluttering should be at the top of your to-do list. Not only is it free, but it also
As a trustworthy realtor, I understand the importance of forging a good connection with my clients. I make it a point to be personable and share something about myself to build rapport. Getting to know my clients is a priority for me and I’m passionate about my work.
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If you’re planning to sell your house, decluttering should be at the top of your to-do list. Not only is it free, but it also
In December 2024, Singapore’s new private home sales dropped to 203 units, a significant decline from November’s 2,560 units, as developers paused launches during the holiday season.
Looking ahead, several developments are scheduled for launch in early 2025:
• January 2025:
...
• Bagnall Haus: A 113-unit freehold project off Upper East Coast Road.
• The Orie: A 777-unit development in Lorong 1 Toa Payoh.
• February 2025:
• Aurea: Comprising 188 units on Beach Road.
• Elta: A 501-unit project in Clementi Avenue 1.
• Lentor Central Residences: Featuring 477 units.
• ParkTown Residence: A substantial 1,193-unit development in Tampines Avenue 11.
These upcoming launches indicate a revitalized market activity as developers aim to meet the pent-up demand from buyers.
Looking for your dream home or a promising investment opportunity? Reach out to me today, and I’ll walk you through the upsides of exciting new developments like Bagnall Haus, The Orie, Aurea, Elta, Lentor Central Residences, and ParkTown Residence.
Here’s why a few reasons why you can’t miss out:
1️⃣ Strategic Locations: These developments are positioned near key amenities, transport hubs, and schools.
2️⃣ Variety of Unit Options: From compact layouts to spacious family homes, there’s something for everyone.
3️⃣ Strong Capital Growth Potential: Located in areas primed for urban rejuvenation or steady demand.
⚡ Early buyers often enjoy exclusive launch prices and the best unit selection.
Don’t wait—contact me now to secure your future home!
Your Dream Home Awaits: High-Floor 3NG at 116B Jalan Tenteram
Looking for a home with stunning views, natural light, and a prime location? This high-floor 3NG flat at 116B Jalan Tenteram offers the perfect blend of comfort and convenience.
Property Highlights:
*Spacious 721 ...sqft layout with well-maintained interiors
*Prime Location: Minutes to Toa Payoh Central and Whampoa Food Centre
*Lease Remaining: Over 91 years and 10 months (as of 3rd January 2025)
*Short distance to Toa Payoh Bus Interchange for seamless commuting
Don’t miss out on this opportunity to own a home in one of Singapore's most sought-after locations.
Contact Milson Ng now to make this yours for an exclusive viewing now!
116B Jalan Tenteram, 3-Room HDB GemHigh Floor | Spacious 721 sqft | Prime LocationDiscover the perfect blend of comfort and convenience in this...
youtube.comAre Singapore’s En Bloc Fever Days Over?
Singapore's en bloc market has cooled, with only four successful collective sales in the last year and a lower success rate of about 25%. This decline is due to rising land acquisition costs, stricter government measures, and increased ...development charges. While the en bloc landscape faces hurdles, some developers remain keen, signaling opportunities for future activity.
Procedure and Timeline for En Bloc Sales:
1. Formation of Collective Sale Committee (CSC):
Property owners elect a committee to manage the en bloc process.
Typically takes 1-3 months to establish and gain consensus.
2. Appoint Professionals:
Engage property consultants, valuers, and lawyers to guide the process.
Requires another 1-2 months.
3. Drafting of Collective Sale Agreement (CSA):
The CSA outlines terms and conditions for the sale.
Usually completed within 1-2 months.
4. Owner Signatures:
At least 80% (for developments over 10 years old) or 90% (for younger developments) of owners must sign the CSA.
This can take 6-12 months.
5. Marketing and Tender Process:
The property is marketed to potential developers, and bids are invited.
Typically takes 2-3 months.
6. Sale Approval:
If a bid is accepted, the sale is submitted for approval to the Strata Titles Board (STB).
Requires 3-6 months for hearings and approvals, especially if objections arise.
7. Completion of Sale:
Once approved, the sale completes within 3-6 months.
Total Estimated Timeline: 15-24 months.
What’s Your Take?
With these challenges and a long process, do you think en bloc remains a viable option for property owners or developers in today’s market?
Spoilt for choice? 🏡
Finding the perfect home can feel overwhelming.
* Near the MRT station? 🚇
* Near your children's primary school? 🏫
* Near your workplace? 🏢
* Near your parents' home? ❤️
* Near the city centre? 🏙️
...Let's simplify your search. Tell me what matters most to you, and I will help you find the home of your dreams.
Do reach me to have a chat regarding your next home matters.
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Alone we can do so little; together we can do so much.
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Singapore Home Market: A Year of Moderation
Private home prices in Singapore saw a modest 2.3% increase in Q4 2024, leading to an overall annual growth of 3.9%. This marks a slowdown from the previous year's pace, signaling a more balanced market.
Despite the price ...moderation, the new private home sales surged, with popular projects like The Continuum, Emerald of Katong, and Tembusu Grand seeing strong take-up rates. Notably, six new projects – Chuan Park, Emerald of Katong, Nava Grove, The Collective at One Sophia, Union Square Residences and Novo Place EC – accounted for more than 82 per cent of total new home sales in November alone.
As a potential homebuyer, what factors will influence your decision-making process in 2025? Will you prioritize factors like price, location, amenities, developer's reputation, and future potential?
Share your thoughts in the comments.
#SingaporeProperty #RealEstate #HomeBuying
To all my clients, business associates and friends!
Here's to a bright and prosperous new year! May it be filled with exciting opportunities and unforgettable moments.
Milson
Singapore’s Private Home Market: Will the Late-2024 Surge Continue into 2025?
Singapore’s private home market wrapped up 2024 with notable highs, but not without facing earlier challenges. In Q3, private home prices fell by 1.1%, marking the steepest quarterly drop since 2016. This ...decline was primarily driven by weaker demand and fewer major launches, signaling a shift towards a buyer’s market.
Yet, the market saw a sharp rebound in September, with new private home sales surging by 90% compared to August. This revival was led by the successful launch of Bukit Sembawang’s 8@BT condominium, which achieved over 50% sales at a median price of S$2,727 per square foot.
By Q4, private home prices climbed 2.8%, culminating in an overall annual increase of 6.8%. Analysts note this growth reflects a more tempered pace compared to previous years. At the same time, rents declined by 2.1%, influenced by increased housing completions and softer tenant demand.
As we move into 2025, the market faces key questions. Will the late-year burst of activity sustain into the new year, or will further market shifts challenge the stability of prices and demand?
Do you believe the private home market’s momentum will persist, or is the recent surge a short-term recovery?
Condominium resale prices in Singapore have risen for the fourth consecutive month, with a 0.4% increase in November, marking a 7.4% year-on-year growth. Despite this upward trend, transaction volumes remained steady, with 848 units sold in November, similar to October's figures.
...Notably, the Core Central Region (CCR) experienced a significant 3.1% price increase, while the Rest of Central Region (RCR) saw a 1.3% decline. This sustained price growth, coupled with stable sales volumes, underscores the resilience of Singapore's real estate market.
If you're curious about your property's current market value, reach out to Milson for a personalized assessment today.
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