Weekly Real Estate Updates (2022 June 13 - June 19)

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• New private home sales in Singapore more than double in May and hit 6-month high amid tighter supply | 由于供应有限，新加坡 5月份新私人住宅销售量翻了一番多，创下 6 个月新高

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• Condo resale prices rise 0.3% in May, up for the 22nd straight month. Market is recovering 5 months after cooling measures | 5月份公寓转售价格上涨 0.3%，连续第 22 个月上涨。市场在降温措施 5个月后在恢复


• Condo & HDB rents rose at quicker pace last month, more units leased | 上个月公寓和组屋租金上涨更快，更多单位出租


• Singapore climbs back to 3rd place from 5th place in global competitiveness ranking | 新加坡在全球竞争力排名中从第 5 位攀升至第 3位

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• Parkwood Residences 3 bedroom Last 6 Units! Special $65,000 promo discount – from only $1.49m |《Parkwood Residences》3卧室最后 6个单位！$6万5千元折扣 – 从$149万元

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• Normanton Park – Last 17 Units! 3 bedroom from only $2m - price increasing by 2% on 1 July 2022 | 《Normanton Park》 最后 17个单位！ 3卧室仅 $200万元起 - 2022年7月1日价格将上涨 2%


• 1953 Freehold 3 bedroom from $2.2m – Free $150K interior design |《1953》永久业权公寓 3卧室从 $220万元起 – 免费 $15万元的室内设计

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• Gem Residences 678sqft 2 bedroom $1.28m – high floor, pool view unit. Currently tenanted $3,250 until March 2023. Short walk to Braddell MRT & food centre《Gem Residences》678sqft 2卧室 $128万元 - 高楼层，泳池景观单位。目前租 $3250 至 2023年3月。 步行可到达《布莱德》地铁站 和美食中心

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• Contact me to buy, sell or rent resale property | 联系我关于购买、出售或出租转售房产

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• The Peak Cambodia with Shangri-La completed with rental guarantee – now with up to 16% discounts | The Peak 柬埔寨(与香格里拉酒店）完成租金保证，可享有高达 16% 折扣

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List of Land Sales (En-Bloc & Government Land Sales) 2022

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Dairy Farm Walk Land Parcel

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Sales Status

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Land Sales Type	Government Land Sales (GLS)
Land Sales Status	Tender closed on 8 Mar 2022
Successful Bidder / Developer	Sim Lian Group
Estimated No. of Units	About 350 to 400 residential units.
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	15663.2
Site GFA (sqm)	32,893
Reserve Price ($m)	-
Highest bid ($m)	347
Highest bid ($psf)	980
Development Charge ($m)	-
Number of bids	7
Est. Breakeven ($psf ppr)	1646
Est. Selling Price (PSF)	1880-1980

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Bukit Batok West Avenue 8 Land Parcel

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Sales Status

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Land Sales Type	Government Land Sales (GLS)
Land Sales Status	Tender closed on 8 Mar 2022
Successful Bidder / Developer	Qingjian Realty and Santarli Construction
Estimated No. of Units	About 375 residential units.
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	12,449.3
Site GFA (sqm)	37,348
Reserve Price ($m)	-
Highest bid ($m)	266
Highest bid ($psf)	662
Development Charge ($m)	-
Number of bids	9
Est. Breakeven ($psf ppr)	1134
Est. Selling Price (PSF)	1200-1300

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32 -34 Gilstead Road (Enbloc)

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Sales Status

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Land Sales Type	Enbloc
Land Sales Status	Tender closed on 7 Feb 2022
Successful Bidder / Developer	Peak Vista (Kheng Leong Co.)
Estimated No. of Units	56 Units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	Freehold
Site Area (sqm)	4,037.3
Site GFA (sqm)	5,652.2
Reserve Price ($m)	-
Highest bid ($m)	70.0
Highest bid ($psf)	1643
Number of bids	-
Est. Breakeven ($psf ppr)	1864
Est. Selling Price ($psf ppr)	2200-2300

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Gloria Mansion (Enbloc)

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Sales Status

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Land Sales Type	Enbloc
Land Sales Status	Tender closed on 19 Jan 2022
Successful Bidder / Developer	Fraxtor Capital and a group led by Daniel Teo and Teo Teck Weng
Estimated No. of Units	59 Units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	FH
Site Area (sqm)	4,037.3
Site GFA (sqm)	5,652.2
Reserve Price ($m)	-
Highest bid ($m)	70
Highest bid ($psf)	1643
Development Charge ($m)	-
Number of bids	-
Est. Breakeven ($psf ppr)	1864
Est. Selling Price (PSF)	2200-2300

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Jalan Tembusu (Land Parcel)

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Sales Status

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Land Sales Type	Government Land Sales (GLS)
Land Sales Status	Tender closed on 18 Jan 2022
Successful Bidder / Developer	City Developments Ltd
Estimated No. of Units	Est. 640 private residential units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	19560.1
Site GFA (sqm)	54,768.3
Reserve Price ($m)	-
Highest bid ($m)	768
Highest bid ($psf)	1302
Development Charge ($m)	-
Number of bids	8
Est. Breakeven ($psf ppr)	2059
Est. Selling Price (PSF)	2300-2400

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Lentor Hills Road (Parcel A)

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Sales Status

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Land Sales Type	Government Land Sales
Land Sales Status	Tender closed on 18 Jan 2022
Successful Bidder / Developer	Hong Leong Holdings, GuocoLand and TID
Estimated No. of Units	Est. 595 residential units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	17,130.5
Site GFA (sqm)	51,391.6
Reserve Price ($m)	-
Highest bid ($m)	586.6
Highest bid ($psf)	1060.4
Development Charge ($m)	-
Number of bids	4
Est. Breakeven ($psf ppr)	1749
Est. Selling Price (PSF)	2100-2200

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