Skip to main content

You won't believe costs of small apartments rose this much

2012 oct 29
http://sbr.com.sg/residential-property/news/you-wont-believe-costs-small-apartments-rose-much

You won't believe costs of small apartments rose this much

It's an uphill climb.

According to resale price index release by National University of Singapore's Institute of Real Estate Studies, overall prices rose 0.6% in September compared to August data. Units in the Central region, exclusive of small ones, saw price hikes of 0.4% while those in the non-Central region saw 0.9% price hikes. Small units rose 1.4% compared to August data.

The National University of Singapore (NUS) Singapore Residential Price Index Series (SRPI) is a transactions-based index that tracks the month-on-month price movements of private non-landed residential properties in Singapore.

 Developed by a team of researchers at IRES, the SRPI provides a resource for the development of property derivatives that would help to expand the suite of financial products offered in Singapore, particularly in the context of obtaining exposure to and managing risks associated with the real estate market. It will also complement existing property information on the state of the residential market.


Comments

Post a Comment

Popular posts from this blog

Living Large in Tiny Shoeboxes

Now that I have moved into yet another spanking new shoebox apartment, decorating and fixing stuff up from scratch, let me share some tips on living up the space to the fullest. 1. Go multi-purpose, multi-function Where space comes at a premium, every inch counts. You want to buy stuff that can perform dual, triple or more roles. Ikea has a lot of ready to use examples. Daybed - sofa, bed, storage rolled into one. Side table with storage.  Removable cover is also a serving tray. Pot holder, doubles up as table cloth. Chopping board, doubles up as placemats. Multi-cooker, steam, boil, cook rice at one go. Available in qoo10. Multi-function scissor - knife, scissors, can opener 2. Make use of vertical space Hangs over doors Fix a drop leaf table to the wall. Mount two heavy duty hooks onto the wall on either side of the table to hang up both folding chairs when not in use. 3. Foldable, stackable, nestable pieces save
2 comments
Read more

Studio apartment investor goes all-in

2013 feb 18 Studio apartment investor goes all-in No diversification needed when one is young, property investor tells CAI HAOXIANG Most investors live by the virtues of diversification - that is, not putting all your eggs in one basket. Not Ryan Khoo Chung Ming. The 30-year-old bought his first apartment in his native Malaysia in 2007 when looking for a place to stay. Then, the market was not as buoyant. He spotted an opportunity for studio apartments and bought more and more, maxing out his borrowing limits. He even moved to Singapore in 2009 to get a higher-paying job so he could borrow even more. Today, he owns 13 apartments in Kuala Lumpur, a studio apartment in the United States, a studio apartment in Singapore, and has also invested in an office unit in Johor Baru and a hotel floor in KL. The total value of his portfolio has gone up and is now worth RM10 million (S$4 million). Half of the portfolio is yield-generating, with the remainder under construction. Like many who
Post a Comment
Read more