By: Deborah Law, Expat Realtor Executive Director
Going into 2014, sellers are reviewing their expectations as the real estate market tips towards a buyers’ market with more units selling below valuation price. According to SRX Property Index, prices of non-landed private residential units continue to soften on a month-by-month basis. Price levels are hovering around 4 percent, down from the price peak in February, and volume is down 62 percent. Investors, however, see the property market improving over the next 12 months. Rentals remain soft and again landlords are readjusting their prices to better reflect the market sentiment.
Wishing you all happy home hunting in 2014!
Scroll through the gallery above for all of the photos from the below properties
Fortune Jade
$6,000 RENT
District: 15
Size: 2,293 sq. ft.
Bedrooms: 4
Type: Penthouse
This duplex penthouse with fabulous roof terrace and private Jacuzzi is just minutes walk to Dakota MRT Station and close the restaurants and shops of Katong and Marine Parade and Kallang Leisure Park. Completed in 2004, it comprises only 85 units and this Penthouse commands fabulous views as well as being the perfect pad for people who love to entertain.
Lorong 110
$6,000 RENT
District: 14
Size: 3,000 sq. ft.
Bedrooms: 5
Type: Terraced House
This east-facing property enjoys a great location on a quiet side road just five minutes’ walk from Kembangan MRT. It has large and spacious rooms, including the bathrooms and kitchen), a generous helper’s room with aircon, masses of storage and a good-sized front area with some grass, and a drive-way to park your car. This well-priced property provides a practical and easy home to live in.
Chuan Hoe shophouse
$9,000 RENT
District: 21
Size: 3,800 sq. ft.
Bedrooms: 6
Type: Terraced House
This stunning architect-designed inter-terrace boasts a lap pool along the right-hand side of the living/dining and open-plan kitchen area – brilliant for entertaining. It’s modelled on a traditional shophouse, with all the rooms opening onto landing areas and connected by walkways, ensuring a through-breeze and plenty of light. You really have to see this house to appreciate the generosity of size and the beauty of it. It’s the kind of place that normally gets snapped up on the first viewing.
Bayshore Park
$8,000 RENT
$3.5m SALE
District: 16
Size: 3,500 sq. ft.
Bedrooms: 4
Type: Condo
Tucked away from the road in a quiet spot, this one-level penthouse unit has great city and sea views, with four bedrooms (two with ensuite), a helper’s room, large living and dining area, spacious kitchen, media room and balcony. Bedrooms have generous storage space while the high ceilings and many windows give great ventilation and light. The resort-style condo has a mini-mart, health food store, restaurant, launderette and spa. Close to Changi Airport, an easy drive to the city, and walking distance to East Coast beach.
OVERSEAS
Spa Villa Montigo
$699,000 SALE
Size: 3,420 sq. ft.
Bedrooms: 2
Prime Spa Villa at Montigo Resorts, Nongsa is offered for genuine resale and is currently the only spa unit on the market. A mere 30-minute ferry ride from Tanah Merah Ferry Terminal and part of an award-winning 5-star resort, this villa oozes luxury. With your own pool, spa hut and view across the ocean towards Singapore, the big terrace, open plan living/kitchen, two double bedrooms and huge roof terrace perfect for a barbecue and sun-downers at sunset provide you with more than enough for that special retreat from the hustle and bustle of Singapore. Under a rental plan you can achieve a gross rental yield of 5 % and still have 60 days owners stay a year.
