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TOP in June 2015

33 units of 56A Braddell Rd (Suites @ Braddell) 36 units of 233 River Valley Rd (RV Point) 622 units of Sengkang Square (The Luxurie) 381 units of Leedon Heights (Leedon Residences) 101 units of 18 Woodsville Close (18 Woodsville) 52 units of 186 Joo Chiat Terrace (One Eighties Residence) 34 units of 8 Sing Joo Walk (8 Farrer Suites) 7 units of 285 River Valley Rd 19 units of 38 Lor M Telok Kurau (Meridian 38) 702 units of Lor How Sun (Bartley Residences)

Shoeboxes Two Years On

The housing market is near the bottom, if not already the bottom, without a doubt. Most investors either are sitting on the sidelines, suffering low yields by accepting lower rents, or seeking other avenues to dump their cash in after managing to sell bleeding assets. Those who were lucky enough to enter the market in 09/10 tell themselves they have to bite their lips and sit it out. Others who were not so lucky and bought at the peak in 11/12 curse and swear as they can never match the lower  asking rents of the early bird investors, nor their selling prices should they decide to throw in the towel. Let us understand the situation better with some stark examples. 1. Parc Imperial (D05) Poster boy in its heyday, a 366sf unit easily went for $700k and could lease for $2800-3300 per month in early 2013. That was a decent 5.7% yield. Fast forward to May 2015 two years on. A similar unit went for $2000. That translates to a 39% drop. 2. Alexis (D04) Another hot favorite. In 201...

TOP in May 2015

561 units of Bedok Reservoir Rd (Waterfront Isle) 583 units of Bedok North Dr (Bedok Residences) 16 units of 38 Lor H Telok Kurau (Shiro) 55 units of 275 Thomson Rd (Novena Regency)

TOP in April 2015

88 units of 328 River Valley Rd (Oxley Thanksgiving Residence) 25 units of 35 Daisy Rd (Daisy Suites) 509 units of 7 Bishan St 15 (Sky Habitat) 493 units of Upper Serangoon View (Boathouse Residences)

TOP Feb 2015

88 units of 340 Geylang Rd (Le Regal) 248 units of River Valley Rd (RV Residences) 41 units of 63 Cavenagh Rd (Hijauan On Cavenagh Road) 462 units of Grange Rd (Twin Peaks) 74 units of Lor K Telok Kurau (The Cristallo)