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Showing posts with the label housing

Town council management report

Just a few days ago, the government released the inaugural town council management report. The report grades and as a result of the grading, ranks town council in areas like maintenance and facilities. As a layman living in a housing estate managed by the town council, the town council management report and its result does not really interest me a lot. In fact, though I am an avid reader of the daily newspapers, I did not even check the ranking and results of the town council managing my estate. Like me, I think most Singaporeans are quite apathetic to the results of the town council management report as generally, the facilities, hygience and upkeeping standard of town councils do not differ much from one to another. There will bound to be times where facilities are dirty and hygience problems arise but if these problems were to persist for a prolonged period of time, they will be reported in the daily newspapers already in the form of letters to the forums or even a special feat...

$36 million sentosa cove bungalow

How much are you wiling to pay for a bungalow in Singapore if you have the means? With land being a premium, the prices of housing in Singapore is not low. An executive condominium can easily command a price of $1 million and more. The prices of bungalow will be in the leagues of $1 million and more, depending on the size. But fancy paying $36 million dollars for a bungalow? Yes, that is what one China foreign folk did.. buying a posh bungalow at the exclusive ultra-premium Sentosa Cove . This guy must be a multi-millionaire or a billonaire at the very least. I am not really shocked. The number of ultra-rich people in Asia is rising with China and India, the twin engines of Asia gearing up! It is not news anymore to hear of China Chinese, India Indians or Singaporeans lapping bags and other luxuries at our Orchard roads for $100,000 and more per shopping trip. These guys and gals are dirt-rich! In Singapore, the proportion of millionaires (people with a disposable income ...

Rent condominiums

If you are looking for apartments for rent, or are buying a house and if you are loaded with cash, then you may want to consider the new condominiums for sales or rent at the central business district in Singapore. It was reported in The Straits Times today that there would more condominiums in the central business district. These condominiums are either for sales and for rent. Currently, the condominium in the district are The Sail@ Marina Bay and the Icon in Tanjong Pagar. But coming soon will be the Lumiere, The Clift, One Shenton and Altez. All these condominiums have very nice appellations and definitely these apartments do not come cheap. A month rent for a studio apartment starts from $3500 to $4000, and definitely these are targeted for the very affluent expatriates who earn at least $20,000 per month, I mean in my opinion, if you are not earning that much, you would be crunched to pay these high rental costs every month. For more property news, please read this link .

Council for Estate Agencies

The government will be setting up a new statutory agency under the arm of the Ministry of National Development. This new agency will be called the Council for Estate Agencies and its main role is to regulate the piping hot property and estate market in Singapore, curb errant property agents and to safeguard property buyers. I believe the government's move to regulate the property and estate market is a timely one in view of the high volumes of resale flat and private property transactions in recent years. For many, purchasing a home is the largest financial investment and important decision of their lives, hence it is only natural that the process of buying their home is a pleasant and fair one. For many buyers, when it comes to buying a house from the open property market, they have not much of a choice but to turn to a real estate or property agent to help in sourcing for potential flats and to faciliate the whole purchase transaction. We have heard of many errant property agents...

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