Sentiments are greatly improving.. and many good news are on the way..
1. Construction of $16.7 million Punggol vision started. This will transform the former village into Singapore's iconic suburban waterfront town. (August News)
2. This year's Collective Sale Tender has closed with more than one bidder. (Read: Demand for Residential Land may be returning)
(August 16th )
3. Two foreign banks operating in Singapore have just unveiled rock-bottom home loan deals in a bid to secure a bigger slice of the fast growing mortgage market.
4. The median Cash over Valuation has gone up for all flat types and has gone over $10, 000 for some units. The speed of doubling is indeed astonishing! However this is due to the optimism prevalent in the private market about improved economic condition. (August 20th)
5. The new Concourse Skyline in Beach Road could be the first housing project to have an overhead bridge to link it to an MRT station.. Apart from this, with the addition of IR and the soon-to-be-operating Beach Road- Shenton economic "belt" in that area, things are looking good for the area. (August 21st )
Source: Abstract Summary From Straits Times
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