Homebuyers Mar-Apr'15 Issue by Homebuyers Magazine

Crowdfunders Magazine

International Property

Singapore Property

Designer Homes

Highline Residences A Property That Goes Above And Beyond

Property Market Trends 2015 Understand Your Credit Report

Contents SINGAPORE PROPERTY ANALYSIS 4 Property Market Trends for 2015 6 SRX Residential Property Flash Report (Feb 2015) 9 SRX Residential Property Flash Report (Jan 2015) 11 SRX Residential Property Flash Report (Rental Market) PROPERTY SPOTLIGHT 12 SEA’s First Real Estate Crowdfunding Site CoAssets’ seals S$1 million investment – CoAssets FINANCE 13 Understanding Your Credit Report by Credit Bureau

PROPERTY SHOWCASE 14 A property that goesAbove and Beyond – Highline Residences 16 A New Level of Inclusiveness – Sims Urban Oasis 18 The New Treasure in Jurong Lake District – Lakeville 20 The Gem of the East – Meridian 38 22 Crown At Robinson

INTERNATIONAL PROPERTY ANALYSIS 52 Penang Real Estate Market – Henry Butcher Malaysia Sdn Bhd

22 DESIGNER HOMES 64

Adventure Home - Rezt & Relax Interior

Art Party - I-Bridge Design Pte Ltd

PROPERTY SHOWCASE 50 Bridging Possibilities In Phnom Penh – The Bridge EVENT 62 Piscine SPLASH! Asia returns to Singapore and announces new show features 74 to Back Cover

CROWDFUNDERS Magazine

HOMEBUYERS: MCI(P)131/11/2014. ISSN 0129 - 8703 is published Bi-monthly available at bookstores & newstands at S$5.80 (w/GST). Publisher: PROPERTY MEDIA, 808 French Road #07-163 Kitchener Complex Singapore 200808. Tel: (65) 6294 4588 Fax: (65) 6294 5812. Email: homebuyers_mag@yahoo.com.sg. (This issue of Homebuyers come with Crowdfunders magazine). All right reserved. No part of HomeBuyers, written or pictorial may be reproduced in any form without the written permission of the publisher ©2015 by PROPERTY MEDIA. Neither the publishers nor the advertisers can be held liable for any errors, inaccuracies and/or omissions in information, howsoever caused. The publisher shall not be liable for any actions taken based on the views expressed or information provided in this publication and should not be taken or construed as an offer of, or giviof, advice to buy or sell properties. Readers should always seek professional advice from the appropriate advisor or institutioand verify the required information from the original sources & the relevant authorities. “All images of property projects are by courtesy of the developers or their marketing agents. Images may be of artist impression.” Feature Writer: Shurin Hoe. Graphic Designer: Eric Yong For advertising enquiries, please contact Mr Paul Tan, Business Development Manager, at +65 9853 2966. For press release and contribution of articles please email to editor_homebuyers@yahoo.com.sg.

MARKET ANALYSIS

Property Market Trends for 2015 By Getty Goh

In Jan 2014, we shared why we thought 2014 could be a turbulent for the property market (https://sg.news.yahoo.com/blogs/property-blog/4reasons-why-2014-could-turbulent-stakeholders-singapore-002122856.html). To recap, the bearish outlook for 2014 was due to the following reasons: (1) more residential units being completed and coming online, (2) more resale units entering into the market as units affected by the Seller Stamp Duty (SSD) clear the 4 years mark, (3) the pool of potential buyers has shrunk significantly. Looking back, the assessment from our research team has not been too far off. The index dropped from the peak of 216.3 in 2013Q3 to 207.9 in 2014Q3, which translates to a drop of about 4%.

What should you do in 2015? So the question on everyoneâ&#x20AC;&#x2122;s mind right now is what is going to happen to the real estate market in 2015? Is it a good time to enter or should you wait? And if you enter into the market, where and what should you buy?

Have units in prime locations become more affordable? Several weeks ago, some property developers cautioned that the cooling measures were adversely affecting the Singapore market and even forecasted an impending fire sale if the market malaise was to continue. Naturally, some homebuyers may be wondering if it is timely to venture into the prime districts and buy a unit directly from developers. To answer that question, let us first compare the median prices of properties in the different parts of Singapore. Based on Figure 1, it can be seen that median PSF prices for non-landed residential units for Core Central Region (CCR), Rest of Central Region (RCR) and Outside Central Region (OCR) are S$1,457, S$967 and S$923 respectively. While prices in CCR have dropped, as a whole, it is still much higher than RCR and OCR. This means that, although prices in prime areas have fallen, those who are thinking of getting a home there must be prepared to still pay a substantial amount. Figure 1: Comparison of Median PSF Prices in Singapore from 2004Q1 to 2014Q3 $1,457.16

1,600.00 1,400.00 1,200.00

$967.01

1,000.00

$922.86

800.00 600.00 400.00

Let us tackle the first question â&#x20AC;&#x201C; what is going to happen to the real estate market in 2015? 2014 has been a lacklustre year and unless the government removes any lending measures, it is envisaged that 2015 will be no different. Some investors are of the view that a market recovery could be on the way as the market downturn, which happened during the Global Financial Crisis in 2008, only lasted for 12 months. However, what they fail to realise is that the market conditions then were very different and the current malaise is done intentionally to rein in the inflated property market. Historically, market downtrends have lasted between 10 and 15 quarters. As we are only halfway through, investors and stakeholders must be mentally prepared for the quiet market to persist for at least another 6 to 12 months. For those who are interested to have the historical URA private property index since 1975, you can download the data here for free.

What about those who are looking for a place to stay and do not have the flexibility to wait? For homebuyers, here are some pointers you may want to look out forâ&#x20AC;Ś

04 20 Q1 04 20 Q3 05 20 Q1 05 20 Q3 06 20 Q1 06 20 Q3 07 20 Q1 07 20 Q3 08 20 Q1 08 20 Q3 09 20 Q1 09 20 Q3 10 20 Q1 10 20 Q3 11 20 Q1 11 20 Q3 12 20 Q1 12 20 Q3 13 20 Q1 13 20 Q3 14 20 Q1 14 Q3

Time flies and January has already passed by in a blink. With 2015 upon us, it is timely for us to take stock to see how 2014 did, and at the same time, forecast how this year would be like.

In view of the dull market outlook, property investors may want to sit out of the Singapore property market for the time being. Unless the deal is exceptionally attractive, investors who enter into the market right now must be mentally prepared to see the value of their assets drop in the coming months.

HOMEBUYERS

Median Price of Non-Landed Residential Properties in Core Central Region Median Price of Non-Landed Residential Properties in Rest of Central Region Median Price of Non-Landed Residential Properties in Outside Central Region

Source: URA Realis & Ascendant Assets.

SINGAPORE New sale or resale residential units? In view that there will be excessive supply coming onto the market, some buyers may be of the view the it could make more sense to get a unit directly from developers as they believe that they could be getting a better deal. However, when we compare the median PSF prices for completed and uncompleted units, they tell us a different story (see Figure 2 to Figure 4). In terms of pricing, the new launch and resale median prices for CCR has the smallest difference of about S$71psf. However, the new and resale median prices for RCR and OCR have larger differences of about S$221psf and S$214psf. Figure 2: PSF comparison between completed and uncompleted units in CCR (2014Q3) 1,800.00

$1,500.84

1,600.00 1,400.00

$1,429.83

1,200.00 1,000.00 800.00 600.00 400.00 200.00

From this simple analysis, we can tell that resale units for RCR and OCR are more value for money and those who are looking for deals should focus on those properties instead. For those who are looking to buy a unit in CCR, the difference between new and resale units is not too significant, hence it suggests that there could be a possibility for homebuyers to find deals directly from developers there.

Conclusion In conclusion, as long as the cooling measures remain, I really do not expect any significant change to the property market in the coming months, or even for the whole of 2015. That said, I concede that I may have oversimplified some considerations in this article and this assessment is based on current market conditions. The situation could change overnight if the government starts to lift some of the measures. Nonetheless, this article is meant to put some context to the lacklustre market performance that we have been seeing for the past few months. Similar to what I mentioned last year, I have definitely misread the property market before and this is one instance where I am hoping my assessment is wrong. But looking at the current situation, it is hard to see any silver lining so property owners should expect a bumpy road ahead.

04 20 Q1 04 20 Q3 05 20 Q1 05 20 Q3 06 20 Q1 06 20 Q3 07 20 Q1 07 20 Q3 08 20 Q1 08 20 Q3 09 20 Q1 09 20 Q3 10 20 Q1 10 20 Q3 11 20 Q1 11 20 Q3 12 20 Q1 12 20 Q3 13 20 Q1 13 20 Q3 14 20 Q1 14 Q3

–

Median Price of Completed Non-Landed Residential Properties in Core Central Region Median Price of Uncompleted Non-Landed Residential Properties in Rest of Central Region

Source: URA Realis & Ascendant Assets.

Figure 3: PSF comparison between completed and uncompleted units in RCR (2014Q3) $1,090.52

1,200.00 1,000.00 800.00

$869.14

600.00 400.00 200.00

04 20 Q1 04 20 Q3 05 20 Q1 05 20 Q3 06 20 Q1 06 20 Q3 07 20 Q1 07 20 Q3 08 20 Q1 08 20 Q3 09 20 Q1 09 20 Q3 10 20 Q1 10 20 Q3 11 20 Q1 11 20 Q3 12 20 Q1 12 20 Q3 13 20 Q1 13 20 Q3 14 20 Q1 14 Q3

–

Median Price of Completed Non-Landed Residential Properties in Rest of Central Region Median Price of Uncompleted Non-Landed Residential Properties in Rest of Central Region

Source: URA Realis & Ascendant Assets.

Figure 4: PSF comparison between completed and uncompleted units in QCR (2014Q3) 1,200.00

$1,000.07

1,000.00 800.00

$792.47

600.00 400.00 200.00

04 20 Q1 04 20 Q3 05 20 Q1 05 20 Q3 06 20 Q1 06 20 Q3 07 20 Q1 07 20 Q3 08 20 Q1 08 20 Q3 09 20 Q1 09 20 Q3 10 20 Q1 10 20 Q3 11 20 Q1 11 20 Q3 12 20 Q1 12 20 Q3 13 20 Q1 13 20 Q3 14 20 Q1 14 Q3

–

Median Price of Completed Non-Landed Residential Properties in Outside Central Region Median Price of Uncompleted Non-Landed Residential Properties in Outside Central Region

Mr Getty Goh has a Masters in Real Estate from the National University of Singapore (NUS) and he is the CEO of CoAssets.com, South East Asia’s first crowdfunding website. Mr Goh is also a director with Ascendant Assets Pte Ltd, a real estate research consultancy and think tank. The views expressed are his own.

Source: URA Realis & Ascendant Assets.

HOMEBUYERS

SRX Residential Property Flash Report By Singapore Real Estate Exchange (SRX)

Non-Landed Private Residential - Feb 2015

*Based on number compiled 6 Mar 2015

1. Resale Market Resale Volume Non-Landed Private Monthly Resale Volume

Non-Caveat (typically represents 5-10% of transactions for past quarters)

Caveat

Source: SRX PROPERTY / URA

Resale Price Index: Base 2009 Jan

SPI for NL Private Resale

168.8

169.7

168.4

168.2

168.3

168.4

2015/02*

170.0

2015/01

168.8

2014/12

170.2

2014/11

172.1

2014/10

173.4

2014/09

174.5

2014/08

174.0

2014/07

180.0

2014/06

190.0

160.0 150.0 140.0 130.0

2014/05

2014/04

2014/03

2014/02

120.0

2015 Feb Resale Index

168.4

2015 Jan Resale Index

168.3

Change (Month-on-month)

0.0%

*The latest monthâ&#x20AC;&#x2122;s values are based on flash estimates

HOMEBUYERS

Source: SRX PROPERTY / URA

SINGAPORE

SPI by Region Year/Month

All Non-Landed Private

2014/2 2014/3 2014/4 2014/5 2014/6 2014/7 2014/8 2014/9 2014/10 2014/11 2014/12 2015/01 2015/02*

Core Central Region

Outside Central Region

Rest of Central Region

Index Value

Monthly Change

Index Value

Monthly Change

Index Value

Monthly Change

Index Value

Monthly Change

174.0 174.5 173.4 172.1 170.2 168.8 170.0 168.8 169.7 168.4 168.2 168.3 168.4

-2.7% 0.3% -0.6% -0.7% -1.1% -0.8% 0.7% -0.7% 0.5% -0.8% -0.1% 0.0% 0.0%

158.6 159.7 153.6 153.9 156.6 147.1 155.7 153.1 154.3 156.3 152.4 149.7 151.9

-2.8% 0.7% -3.8% 0.2% 1.8% -6.1% 5.8% -1.7% 0.8% 1.3% -2.4% -1.8% 1.5%

173.0 175.4 173.6 174.9 166.9 166.4 164.5 170.0 170.5 168.0 165.0 167.5 167.0

-1.2% 1.4% -1.0% 0.7% -4.6% -0.3% -1.1% 3.3% 0.3% -1.5% -1.1% 1.4% -0.8%

177.0 177.0 177.4 175.3 174.5 173.9 174.6 171.4 172.8 170.4 171.2 169.7 173.1

-2.4% 0.0% 0.2% -1.2% -0.5% -0.3% 0.4% -1.8% 0.8% -1.4% 0.5% -0.8% 2.0%

*The latest month’s values are based on flash estimates

Source: SRX PROPERTY / URA

About ‘TOX’: TOX stands for Transaction Over X-Value. Each month, SRX algorithms compare the actual transacted value for each unit in a district with its X-Value. The X-Value is a computer-generated estimate of the market value for a home, and the difference between the median transacted price and the district’s X-Value is the TOX. Comment from Jeremy Lee, Co-Founder of SRX - “Like the COV, TOX is a forward indicator on how heated the market is. A positive number means people are paying above recent transactions. Likewise, a negative number means people are paying below recent transactions, causing downward pressure on prices. The bigger the number, the faster the pace of price increase or decrease.

2. Median Transaction Over X-Value (TOX) ($) Median Resale TOX 3,000

- 2,000

- 5,000

-5,000

- 10,000

-10,000

- 15,000

-15,000

- 12,000

- 10,000

-10,000

- 15,000

-10,000

2015 Feb TOX

-$10,000

2015 Jan TOX

-$10,000

Change (Month-on-month)

2015M1

2014M12

2014M11

2014M10

2014M9

2014M8

2014M6

2014M5

2014M4

2014M3

2014M2

2013M12

2013M11

2013M10

2014M7

-20,000

2013M9

-25,000

- 12,000

0 - 4,000

- 17,000

-20,000

2014M1

5,000

Source: SRX PROPERTY

HOMEBUYERS

TOX by District DISTRICT

Median TOX

DISTRICT

Median TOX

-30,000

-31,000

2 3

-140,000

-10,000

20,000

-5,000

-95,000

-11,000

-2,000

1,000

6 7

–

10,000

5,000

-7,000

-30,000

-40,000

-20,000

27,000

–

-10,000

24 25

33,000

30,000

5,000

13 14

60,000

-29,000

29,000

–

Overall

-10,000

Note: Blue fields contain figures derived from less than 10 transactions with TOX. Green fields contain figures derived from only 1 transaction with TOX. Numbers are rounded to the nearest thousand.

Source: SRX PROPERTY

SALES GALLERY

Sales Gallery A guide to Singapore’s private, residential property market

HOMEBUYERS

SRX Residential Property Flash Report By Singapore Real Estate Exchange (SRX)

Non-Landed Private Residential - Jan 2015

*Based on number compiled 5 Feb 2015

1. Resale Market Resale Volume Non-Landed Private Monthly Resale Volume

Non-Caveat (typically represents 5-10% of transactions for past quarters)

Caveat

SPI by Region

Resale Price Index: Base 2009 Jan

Year/ Month

SPI for NL Private Resale

190.0

All Non-Landed Private

Core Central Region

Rest of Central Region

Outside Central Region

Index Value

Monthly Change

Index Value

Monthly Change

Index Value

Monthly Change

Index Value

Monthly Change

2014/1

178.8

2.1%

163.2

1.4%

175.1

-2.5%

181.3

2.8%

160.0

2014/2

174.0

-2.7%

158.6

-2.8%

173.0

-1.2%

177.0

-2.4%

150.0

2014/3

174.5

0.3%

159.7

0.7%

175.4

1.4%

177.0

0.0%

140.0

2014/4

173.4

-0.6%

153.6

-3.8%

173.6

-1.0%

177.4

0.2%

2014/5

172.1

-0.7%

153.9

0.2%

174.9

0.7%

175.3

-1.2%

2014/6

170.2

-1.1%

156.6

1.8%

166.9

-4.6%

174.5

-0.5%

2014/7

168.8

-0.8%

147.1

-6.1%

166.4

-0.3%

173.9

-0.3%

2014/8

170.0

0.7%

155.7

5.8%

164.5

-1.1%

174.6

0.4%

180.0

177.5

173.4

175.2

178.8

174.0 174.5 173.4

170.0

172.1 170.2

168.8 170.0 168.8 169.7 167.8 167.6 167.2

130.0

2015 Jan Resale Index

167.2

2014 Dec Resale Index

167.6

Change (Month-on-month)

-0.2%

*The latest monthâ&#x20AC;&#x2122;s values are based on flash estimates

2015/1*

2014/12

2014/11

2014/10

2014/9

2014/8

2014/7

2014/6

2014/5

2014/4

2014/3

2014/2

2014/1

2013/12

2013/11

2013/10

120.0

2014/9

168.8

-0.7%

153.1

-1.7%

170.0

3.3%

171.4

-1.8%

2014/10

169.7

0.5%

154.3

0.8%

170.5

0.3%

172.8

0.8%

2014/11

167.8

-1.1%

154.5

0.1%

168.0

-1.5%

170.2

-1.5%

2014/12

167.6

-0.1%

151.9

-1.7%

165.0

-1.8%

170.5

0.2%

2015/1*

167.2

-0.2%

149.3

-1.7%

167.5

1.5%

168.6

-1.1%

*The latest monthâ&#x20AC;&#x2122;s values are based on flash estimates

Source: SRX PROPERTY / URA HOMEBUYERS

SINGAPORE

2. Median Transaction Over X-Value (TOX) ($) Median Resale TOX 5,000

3,000

-5,000

-10,000

-2,000

-12,000

-15,000

-12,000

-10,000

-4,000

-10,000

-10,000 -10,000

-15,000

-17,000

-20,000

2014 Jan TOX

-$10,000

2014 Dec TOX

-$10,000

Change (Month-on-month)

2015M1

2014M12

2014M11

2014M10

2014M9

2014M8

2014M7

2014M6

2014M5

2014M4

2014M3

2014M2

2014M1

2013M12

2013M11

2013M10

2013M9

-25,000

TOX by District DISTRICT

Median TOX

DISTRICT

Median TOX -20,000

-70,000

–

1,000

10,000

32,000

–

-20,000

3,000

-17,000

–

-6,000

–

-31,000

-15,000

-14,000

-10,000

-31,000

4,500

–

60,000

-11,000

6,000

-9,000

–

9,000

-30,000

8,000

Overall

-10,000

Note: Blue fields contain figures derived from less than 10 transactions with TOX. Green fields contain figures derived from only 1 transaction with TOX. Numbers are rounded to the nearest thousand.

Source: SRX PROPERTY 10

HOMEBUYERS

Non-landed Private Rental Market - Jan 2015

*Based on number compiled 5 Feb 2015

Rental Volume Non-Landed Private Monthly Rental Volume

(Flash)

3,417[E]

SPI by Region

Rental Price Year/ Month

SPI for NL Private Rentals

Index: Base 2009 Jan 140.0 135.0 130.0

All Non-Landed Private

Index Value 128.5 127.5 129.1 128.3 127.5

127.0 126.3

125.9

125.0

124.7 124.2 123.7

123.0

121.9 121.3 121.5

Monthly Change

Core Central Region

Index Value

Monthly Change

Rest of Central Region

Index Value

Monthly Change

Outside Central Region

Index Value

Monthly Change

2014/1

129.1

1.3%

127.4

1.0%

134.2

3.2%

128.5

0.5%

2014/2

128.3

-0.6%

127.6

0.2%

131.7

-1.9%

127.1

-1.1%

2014/3

127.5

-0.6%

127.8

0.2%

129.3

-1.8%

126.9

-0.2%

120.0

2014/4

127.0

-0.4%

125.8

-1.6%

128.7

-0.5%

127.0

0.1%

115.0

2014/5

126.3

-0.6%

125.7

-0.1%

127.3

-1.1%

125.3

-1.3%

2014/6

125.9

-0.3%

124.3

-1.1%

129.9

2.0%

124.1

-1.0% -0.1%

110.0

127.7

-1.0%

123.0

-0.3%

2014/10

123.0

-0.6%

119.7

-0.7%

126.8

-0.7%

121.5

-1.2%

2014/11

121.9

-0.9%

119.8

0.1%

125.2

-1.3%

120.1

-1.2%

2014/12

121.3

-0.5%

118.4

-1.2%

124.5

-0.6%

120.6

0.4%

2015/1*

121.5

0.2%

117.4

-0.8%

126.9

1.9%

120.9

0.2%

2015 Jan Rental Index

121.5

2014 Dec Rental Index

121.3

Change (Month-on-month)

+0.2%

2015/1* (Flash)

-0.2%

2014/12

120.6

2014/11

-0.4%

2014/10

123.7

2014/9

2014/9 2014/8

-0.5%

100.0 2014/7

123.4

2014/6

124.0

0.5%

2014/5

-1.2%

129.0

2014/4

128.4

-1.2%

2014/3

-1.6%

120.8

2014/2

122.3

-0.4%

2014/1

-1.0%

124.2

2013/12

124.7

2014/8 2013/11

2014/7

105.0

*The latest monthâ&#x20AC;&#x2122;s values are based on flash estimates

Source: SRX PROPERTY HOMEBUYERS

SPOTLIGHT

SINGAPORE

SEA’s First Real Estate Crowdfunding Site ‘CoAssets’ seals S$1 million investment Platform enhancements and regional expansion planned Singapore, 12 February 2015 – CoAssets, Southeast Asia’s first real estate crowdfunding platform, has closed a Series A S$1 million investment round by private investors, at a S$13 million valuation. An earlier round of funding was supported by Expara IDM Ventures and private investor Dr Jeffrey Chi, Managing Director of Vickers Venture Partners (VVP) and Chairman of the Singapore Venture Capital & Private Equity Association. This round of investment will support platform enhancements and regional expansion. Mr Getty Goh, Co-Founder and Chief Executive Officer of CoAssets said, “Crowdfunding is quite a new concept, and is completely new for the property sector within Asia. The CoAssets platform brings together property developers who are looking for alternative financing and investors looking for investment diversification. There is huge potential in this model, and we will build our leadership in the space.” CoAssets has crowdfunded S$36 million for more than 15 projects to date. Investors in those projects have received pay-outs of $120,000 in total, averaging a return of ten to 20 per cent. A Malaysia office is already operating. The company will launch in Australia in the next few months. CoAssets, launched in July 2013, crowdfunds for residential and commercial properties in Asia, Australia, the UK and the US. It is growing rapidly, with membership increasing from 200 to over 6,000, across Singapore, Malaysia and the region. The platform provides developers, agents and home or land owners with an alternative source of funding for their properties, linking them to investors who are keen on co-developing projects and co-purchasing units.

Mr Robert Reynolds, seen here with Mr Getty Goh at the Expo for Property Investing and Crowdfunding (EPIC) 2014.

Crowdfunding is a rapidly growing global industry. Massolution, a research firm specialising in crowdsourcing and crowdfunding, reported US$2.7 billion was raised by crowdfunding platforms in 2012, funding over a million campaigns that were donation, reward, lending and equity based; they estimate US$5.1 billion was raised in 2013. Dr Chi, who is also a mentor to the start-up, said, “CoAssets has great potential, as the first to market in Southeast Asia. It is managed by a very experienced team and the business model has proven successful, with over S$1 million in revenue in their first year.” CoAssets reported revenue of S$1 million last August, based on a combination of collected income and MOUs signed with various developers who used the crowdfunding platform. Developer Thai Treasures Pte Ltd used the platform for its The Lai Thai Luxury Condominiums project, listing two units on CoAssets, providing an option to co-purchase or co-own. Investors receive returns when the units are rented out and will receive returns when the units are sold. Thai Treasures made a first pay-out, of seven per cent, to its crowdfunders in September 2014.

Dr Chi, seen here with Mr Getty Goh at the inaugural Expo for Property Investing and Crowdfunding (EPIC) 2014.

About Getty Goh

“CoAssets has brought a very useful financing model for developers like us, with investment needs that may be too small for bigger financial institutions and yet too large for the average investor,” stated Mr Robert Reynolds, Director of Thai Treasures. Investors using the platform are safeguarded by a number of measures, including personal guarantees signed by developers, agents and home or land owners who list projects, as well as a cap of S$5 million on the total investment amount. About CoAssets.com

Mr Getty Goh is the Chief Executive Officer and Co-Founder for CoAssets. He has a Masters of Real Estate as well as a Bachelors of Building from the National University of Singapore. He is also a director with Ascendant Assets Pte Ltd. In 2012, Getty was awarded the Successful Entrepreneur Platinum Award as well as Promising SME 500 Platinum Award. Getty is also an accomplished writer and speaker. He is frequently invited to share insights on the Singapore property market at public seminars. Apart from that, Getty contributes regularly to the Sunday Times, Property Report magazine, iProperty.com, Yahoo.com, etc.

CoAssets (www.coassets.com) is South East Asia’s first real estate group buying and crowdfunding. It is not licensed and/or regulated by the Monetary Authority of Singapore. Officially launched in Singapore on July 2013, it currently has more than 6,000 registered users. In terms of deals, since December 2014, the total value of deals listed on CoAssets is more than S$40 million (US$32 million) and the amount successfully funded currently stands at more than S$36 million (US$28 million). The company recently won the Red Herring Top 100 Asia Award for 2014, as well as OPP Gold Award for Excellence.

About Dr Seh Huan Kiat

HOMEBUYERS

Dr Seh Huan Kiat is the Chief Technical Officer and Co-Founder of CoAssets. He holds a Doctoral Degree from Massachusetts Institute of Technology and a Bachelors Degree from Imperial College London. He had previously worked at Intel Corp in the United States for more than 6 years. Huan Kiat is also a real estate investor and manages a multi-million dollar investment portfolio.

FINANCE

UNDERSTANDING YOUR CREDIT REPORT Did you know that Credit Bureau Singapore (CBS), Singapore’s consumer credit bureau, launched an enhanced version of your consumer credit report in December 2014? The enhanced credit report displays your aggregate credit limits and aggregate outstanding balances across Financial Institutions (FIs), which will help you better manage your total debt. These enhancements come in place as FIs are now required to review every borrower’s credit file upon their credit facility application. The implementation is aimed at increasing an FI’s ability to thoroughly assess a borrower’s credit worthiness before granting credit. In this article, we tell you more about your credit report. Your credit report provides a holistic view of your credit payment habits. By keeping track of your credit report on a regular basis, you will be better informed of any changes that have been made to your credit file. This in turn helps you manage your credit reputation more effectively as well as stay mindful of what the lenders know about you. With the enhanced credit report, you can also make better borrowing decisions for future credit applications. Furthermore, borrowers who are at risk of credit problems can avoid running into deeper debt, while those who are over-geared can take steps to reduce their outstanding debt. An individual’s credit report contains information that is uploaded by the Bureau’s members on a monthly basis. The data is then consolidated and sorted into sections.

Aggregate Outstanding Balances Sample Month

Product Type

Grantor Bank

Secured Balances

Unsecured Balances

October 2014

Secured Overdraft

Bank E

5,000.00

0.00

Renovation Loan

Bank D

0.00

10,000.00

Unsecured Credit Card

Bank B

0.00

5,000.00

0.00

Unsecured Overdraft

Bank A

0.00

3,000.00

0.00

5,000.00

8,000.00

10,000.00

Credit Limit Your credit limit is the maximum amount of credit that an FI has extended to you for a particular line of credit. For instance, when more than one credit card has been issued by an FI, the credit cards may be subject to a shared common credit limit.

Outstanding Balance Outstanding balance is the amount owed to the lenders. This includes the unbilled portion of any Interest-free payment plans you have previously signed up for.

Total

Exempted Unsecured Balances

Aggregate Outstanding Balances for Preceding 5 Months September 2014

All

34,000.00

5,000.00

5,500.00

August 2014

All

35,000.00

4,000.00

6,000.00

July 2014

All

36,000.00

3,000.00

6,500.00

June 2014

All

37,000.00

2,000.00

0.00

May 2014

All

38,000.00

1,000.00

0.00

For more information, visit www.creditbureau.com.sg.

HOMEBUYERS

PROPERTY SHOWCASE

A property that goes

Above and Beyond Highline Residences - Aim Higher

Highline Residences is a prime residential condominium built in the heart of Tiong Bahru, one of Singaporeâ&#x20AC;&#x2122;s oldest residential neighbourhoods. Exuding both heritage and trendiness through conserved vintage shophouses, chic and contemporary restaurants add to the overall appeal of the neighbourhood. Outlining 500 homes over seven blocks, the Highline Residences provides residents with a range of selected housing choices (from 1 bedroom units to Penthouse apartments), and is the first and probably the only project in Tiong Bahru to offer 3 bedroom and 4 bedroom dual key units. The diversity and attractive living spaces has thus drawn strong, positive demand from investors and homebuyers aspiring to own an elite, quality abode in the city fringe.

HOMEBUYERS

SINGAPORE

Located in a strategic central district, amenities are aplenty with the Tiong Bahru MRT station and Tiong Bahru Plaza just a stroll away, a host of retail and lifestyle amenities can also be found in neighbouring shopping mall Great World City too. Homeowners of Highline Residences can also enjoy delicious cuisines from famous eateries, cafes and restaurants along Seng Poh Road, Tiong Bahru Food Centre, Chinatown and Havelock Road nearby. For eager parents seeking to ensure quality education for their children, there are reputable schools and institutions in the vicinity, including Alexandra Primary School, CHIJ (Kellock) (Primary), Gan Eng Seng Primary School, Crescent Girls’ School (Secondary) and the PSB Academy.

With an upcoming Havelock MRT station along Zion Road, Highline Residences provides easy access with a few minutes’ ride to the main shopping belts of Orchard, the Central Business District (CBD) and Marina Bay. Being close to the major expressways of the Central Expressway (CTE) and Ayer Rajah Expressway (AYE), one can relax after a long day of work and take in the soothing sights and sounds of nature at the Tiong Bahru Park, Mount Faber and Henderson Waves Bridges nearby. Interested? Find out more about living the high life at the Highline Residences today! ■

For enquiries on Highline Residences, please contact Chui Ping of Huttons Asia Pte Ltd

(L3008899K)

Mobile No: 9835 7397 (CEA Reg Number: R012120J) Email: patnping@yahoo.com.sg Developer: Keppel Land Location: Kim Tian Road Site Area: 10,990.6 m2 Lease Period: 99 years Maximum Dwelling Units (DUs): 500 units Project Completion Period: 60 months

HOMEBUYERS

PROPERTY SHOWCASE

A New Level of Inclusiveness Sims Urban Oasis â&#x20AC;&#x201C; Centre of New

Sims Urban Oasis is a 99-years leasehold residential condominium situated in the prime District 14 Sims Drive. Residents will enjoy the best of both worlds in the city edge living - the energy and vibrancy of the city with the peace and tranquility of nature. Just a five minutesâ&#x20AC;&#x2122; walk from Aljunied MRT, and with access to the Pan Island Expressway (PIE), Kallang-Paya Lebar Expressway (KPE) and Nicoll Highway, residents will be able to reach island amenities like the CBD and Changi International Airport swiftly with uninterrupted ease. Raffles Place is just 5 MRT stations away.

HOMEBUYERS

SINGAPORE

Also within a 10-min drive are several shopping and entertainment centres, ranging from the brand new Kallang Wave mall and upcoming Paya Lebar Square to the Sports Hub, Singapore Post Centre and a range of eateries and shops in the vibrant Geylang District. Sims Urban Oasis is also close to educational institutions, such as Geylang Methodist Primary School, Geylang Methodist Secondary School, Kong Hwa School and James Cook University. With a slew of exciting developments taking place in the neighbourhood, Sims Urban Oasis is set to transform from a cluster of old cafes and factories into a modern town where hip heritage and old-world charm meets entrepreneurial edge.

The close proximity to growth clusters, such as the upcoming Paya Lebar sub-regional centre, Kallang Riverside, Wisma Geylang Serai and relocation of the Paya Lebar airbase frees up land parcels to develop fresh, up-and-coming projects in the near future, making Sims Urban Oasis an excellent investment opportunity. With an expected completion by 2020 and comprising of 1024 units across eight towers, the condominiumâ&#x20AC;&#x2122;s facilities will provide a full suite of recreational lifestyle options for residents - including a sky park, clubhouse, indoor gym, tennis court, swimming pools, BBQ pavilions, shops and childcare centre. Indulge in a serene and tranquil lifestyle right at the heart of Singapore. At Sims Urban Oasis, a home is more than a dwelling. A home is where harmonious family life is fostered, lasting friendships are forged and memorable moments are created. Thoughtfully designed, the amenities and structures create opportunities for interaction. Whether it's a family with children, a single, or a couple, this is a residence where everyone belongs. â&#x2013;

For enquiries on Sims Urban Oasis, please contact: Mr Lester Soh of Huttons Asia Pte Ltd Mobile No: +65-8118-6222

(L3008899K)

(R024013G)

Email: Lestersoh@gmail.com Developer: Sims Urban Oasis Pte Ltd Location: Sims Drive No. of units: 1024 Property Type: Condominium Tenure: 99 years Planned and Expected date of TOP: 30 Jun 2020

HOMEBUYERS 17

PROPERTY SHOWCASE

The New Treasure in Jurong Lake District Lakeville ~ A Home By The Lake

The jewel

at the centre of a transformative landscape - Lakeville is the newest condominium launch within the up-and-coming â&#x20AC;&#x2DC;Central Business District of the Westâ&#x20AC;&#x2122; - the Jurong Lake District. Jurong is already in the process of transforming into a regional centre with the completion of 2 hospitals, the Ng Teng Fong Hospital (which will begin operations in July 2015) and the Jurong Community Hospital, as well as the opening of the first hotel, Genting Hotel, in Jurong come May 2015.The Singapore Science Centre will also relocate by 2020 to its new grounds just next to the Chinese Gardens MRT station, which will house 4 to 5 edu-tainment centres. To fulfill Singapore's ambition to be the first Smart Nation in the world, the Jurong Lake district has been singled out to be the test bed for the smart city plans. Trials for the first driverless buggies were implemented in the Chinese and Japanese Gardens in October 2014. Trials will also soon begin in the Jurong Lake district, to place sensors that can detect air pollutants, heavy rainfall and traffic congestions via fibre-optic lines at street lamps and bus stops Such ambitious new plans to make Jurong a business and leisure centre will likely boost home prices. And with the possibility of the high speed rail (which will connect Singapore to Kuala Lumpur, and possibly to Thailand and all the way to China) terminal to be built in Jurong, many will look to Jurong as a strategic gateway to Asean and China. What are you waiting for?

HOMEBUYERS

SINGAPORE

Be intimately acquainted with the stunning beauty of nature as nearly each of the 696 units across six sprawling towers opens up to a panoramic view of the district and beyond. Lakeville provides a home for residents to have their very own canvas for a living masterpiece. Beginning the selection from a wide variety of one to five bedrooms, dual-key and penthouse residences designed to cater to every need, while boasting spacious and efficient layouts in a multitude of configurations, residents can start to craft their ideal living space. The highly functional private enclosed spaces, balconies and terraces have also been meticulously positioned to allow residents to take in the surrounding view with ease. Be intimately acquainted with the stunning beauty of nature as nearly each of the 696 units across six sprawling towers opens up to a panoramic view of the district and beyond.

MRT

Lakeville provides a home for residents to have their very own canvas for a living masterpiece. Beginning the selection from a wide variety of one to five bedrooms, dual-key and penthouse residences designed to cater to every need, while boasting spacious and efficient layouts in a multitude of configurations, residents can start to craft their ideal living space. The highly functional private enclosed spaces, balconies and terraces have also been meticulously positioned to allow residents to take in the surrounding view with ease. Residents can also experience the peace and tranquility from the current enhancements of the Chinese and Japanese Gardens at Jurong Lake. The waterfront promenade along Jurong Lake will include recreational water activities like kayaking and dragon-boating, while more public amenities such as boardwalks, fishing points, wetlands and water features added to increase the accessibility of facilities and activities for residents and tourists alike. Come alive at the heart of it all with Lakeville. â&#x2013;

For enquiries on LakeVille, please contact Chui Ping of Huttons Asia Pte Ltd Mobile No: 9835 7397

(L3008899K)

(CEA Reg Number: R012120J)

Email: patnping@yahoo.com.sg Developer: MCL Land Location: 1-13 Jurong Lake Link District: 22 Tenure: 99 years leasehold Est TOP Datte: TBA Total Units: 696 No of Blocks/Storeys: 6 Blocks of 16 Storeys No of Carpark Lots: 696 + 7 handicap

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PROPERTY SHOWCASE

The Gem of the East MERIDIAN 38

Meridian 38 is in close proximity to everywhere that matters. Whether it is engaging in sports at East Coast Park, immersing in performances at the Esplanade, travelling to work in the Central Business District or simply entertaining at any of 2 integrated resorts, all of these desired destinations are just a moment away. This exciting freehold development is peaceful and serene, yet convenient â&#x20AC;&#x201C; simply the best of both worlds! It features a dual-key design, as well as facilities including a pool, BBQ pits, gymnasium, playground, and an outdoor fitness centre. Choice of unit type include 2, 3 bedroom-unites and penthouses. Nestled in the heart of Katong, a charming neighbourhood that is steeped in history, Meridian 38 redefines itself as a magnet for the young and the young-at-heart. With a multitude of entertainment options, including shopping, dining and social spots scattered throughout the area, you will never be stumped for when it comes to looking for something to do. Shopaholics will find joy at Parkway Parade, 112 Katong and One KM. If you're a foodie, you'll be glad to know that there are plenty of famous eateries in the vicinity, such as Katong and Joo Chiat!

HOMEBUYERS

SINGAPORE

Some of the best schools in Singapore are just a short walk or drive away. With schools like Tao Nan School, Ngee Ann Primary School and CHIJ (Katong) Primary school all within a 1 km vicinity, you can be sure that your children receive the best education at great convenience. Best of all, the tranquillity of the nearby beach offers peace a place to rest and unwind after a long day at the office.

With the convenience of 2 MRT stations just a few minutes away â&#x20AC;&#x201C; Eunos and Kembangan MRT, and in the near future, the Thomson-East Coast Line, travelling has never been easier. Easy accessibility via the PIE, KPE and ECP also makes getting around Singapore a breeze. Meridian 38 truly stands out in the neighbourhood, befitting the discerned owner and astute investor. â&#x2013;

For enquiries on Meridian 38, please contact Lyndy Sze of OrangeTee.com Pte Ltd Mobile No: 9633 5822

(CEA License No: L3009250K)

(CEA Reg: R013467A)

Email: lyndy.sze@orangetee.com Developer: JVA Telok Kurau Pte Ltd Location: East Coast Road No. Of Units: 19 units Tenure: Freehold Expected Date of TOP: 30 June 2015

HOMEBUYERS

PROPERTY SHOWCASE

Crown At Robinson

Welcome to the business address of the future. An iconic freehold development set in the heart of Robinson Road. A crowning achievement designed to make a statement. Envision an architectural gem of distinctive Art Deco accents that exude a sense of quiet elegance and timeless grandeur. Inspired by the bold touches of the celebrated artistic era, Crown At Robinson redefines the landscape of Robinson Road with its dramatic golden tones set against classic dark hues. A magnificent Art Deco crown rests atop the development, encircled by an enchanting glow that casts the neighbourhood in its shadow.

The meeting place of people and ideas. Embrace this opportunity to own a rare freehold strata unit with a coveted Robinson Road postal code â&#x20AC;&#x201C; the ultimate embodiment of corporate success. Seize your front row seat in the rejuvenation of Marina Downtown. Crown At Robinson puts you right at the centre of all the excitement happening within and around the CBD. Immerse in Bayfront Avenueâ&#x20AC;&#x2122;s retail and entertainment district, relish in the transformative urban greening of Tanjong Pagar and explore the galleries, museums and theatres that dot the area. Capture a wealth of business potential in the dynamic city centre that will propel your assets further.

HOMEBUYERS

SINGAPORE Connectivity that brings you places. Just minutes walk from 4 MRT stations – Tanjong Pagar, Telok Ayer, Raffles Place and the upcoming Shenton Way, Crown At Robinson offers unparalleled accessibility to an intricate MRT network interweaving the East West Line, North South Line, Downtown Line and future Thomson Line. Crown At Robinson is also effortlessly linked to major expressways and surrounded by worldclass amenities such as Marina Bay Sands, Sentosa Island, Clarke Quay and Suntec City Mall. Step into luxury. Usher guests and associates through luxurious lobby interiors that speak volumes of your sophisticated taste. Lit up by dazzling Art Deco-inspired ornamented ceiling lighting, these glittering components reflect the beauty of the city’s brilliance in its entirety. A unique space where the unconventional meet. Your boardroom is in the sky. Say goodbye to boring office meetings. Stimulate your mind and think out of the box at the Level 6 Sky Pavilions. Where its inviting ambience and lush, tranquil landscaping awaits you. A creative workspace that fuels the mind. Crown At Robinson is the epitome of workplace modernity. With typically 8 Offices per floor, contemporary workspaces give you the luxury of layout customisation to suit the needs of your business interests.

Unwind at any given time of the day with well-appointed facilities. Reap the rewards of your hard work at Crown At Robinson. After a hectic day, unwind at the Sky Gallery on Level 6. Rejuvenate your sense of being with a splash into a 20-metre swimming pool or relax at the Sky Lounge amidst lush greenery. Look no further, for this multi-purpose space is the perfect venue to host company functions, bonding sessions and special events. Let breathtaking views of the city and beyond come to you. At Level 18 Sky Panorama, step into a surreal wonderland of checkerboard walkways enclosed within pristine nature. Let the most scenic spot of the development inspire your ideas as your spirit soar at the premier vantage point of the city skyline. ■

For enquiries on Crown At Robinson, please contact Ms Mary Tan (R007295A) of Huttons Asia Pte Ltd (L3008899K) at 9008 8001 Email: maryhuttons@gmail.com Developer: Wywy Group Singapore Location: Robinson Road Tenure: Freehold Expected Date of TOP: 2016 For Sale: 80 Offices

HOMEBUYERS

Private Residential Property Transactions with Caveats Lodged (Jan – Feb 2015) LANDED PROPERTY Price ($)

Floor Area (Sq ft)

1,950,000

2,110

924

MOUNT ECHO PARK JERVOIS ROAD SWETTENHAM ROAD HOLLAND ROAD HOLLAND ROAD CORONATION ROAD JALAN JELITA GALLOP ROAD

FH FH FH FH FH FH LH FH

22,000,000 25,000,000 23,520,000 11,380,196 11,119,803 6,500,000 5,200,000 24,000,000

15,117 14,824 15,240 7,151 6,987 3,995 3,545 15,341

1,455 1,686 1,543 1,592 1,592 1,627 1,467 1,564

District 11 LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT

WATTEN RISE JALAN PASIRAN

FH FH

6,398,000 12,800,000

3,926 11,685

1,445 1,844

District 12 LANDED HOUSING DEVELOPMENT

BENG WAN ROAD

880,000

4,000

1,630

District 13 OASIS @ MULBERRY LANDED HOUSING DEVELOPMENT SENNETT ESTATE LANDED HOUSING DEVELOPMENT SENNETT ESTATE LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT

LICHI AVENUE KENANGA AVENUE CHEMPAKA AVENUE JALAN MAWAR BUTTERFLY AVENUE JALAN WANGI MACPHERSON ROAD

FH FH FH FH FH FH FH

2,500,000 3,400,000 2,690,000 2,320,000 2,200,000 1,620,000 1,635,000

1,703 2,042 1,850 2,123 1,847 1,340 1,501

1,339 1,027 220 1,544 1,367 1,468 1,072

District 14 LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT

LORONG 40 GEYLANG JALAN SENANG

FH FH

1,750,000 3,380,000

1,333 3,085

1,313 1,665

District 15 LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT TEMBELING TERRACES LANDED HOUSING DEVELOPMENT FERNWOOD TERRACE FRANKEL ESTATE LANDED HOUSING DEVELOPMENT FRANKEL ESTATE LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT EAST COAST PARK LANDED HOUSING DEVELOPMENT

LANGSAT ROAD LANGSAT ROAD TEMBELING ROAD LORONG M TELOK KURAU FERNWOOD TERRACE WILTON GARDENS ELITE PARK AVENUE SIGLAP DRIVE ONAN ROAD DUKU ROAD FOURTH STREET SIGLAP ROAD

FH FH FH FH FH FH FH FH FH FH FH FH

2,450,000 4,000,000 2,900,000 3,300,000 2,650,000 3,008,000 3,750,000 4,800,000 2,920,000 1,800,000 4,300,000 2,500,000

1,695 2,169 2,166 3,214 1,716 2,201 3,499 4,237 3,798 1,986 2,889 1,832

1,133 1,454 769 906 1,093 1,488 1,095 1,096 1,191 1,365 1,209 1,090

District 16 GREEN PARK LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT GUAN SOON TERRACE GUAN SOON VILLAS LANDED HOUSING DEVELOPMENT THE SPRINGFIELD

JALAN LIMAU KASTURI SENNETT DRIVE KEW HEIGHTS GUAN SOON AVENUE GUAN SOON AVENUE BEDOK LANE CHEMPAKA KUNING LINK

LH FH LH FH FH FH LH

2,580,000 3,200,000 3,250,000 2,260,000 2,300,000 3,430,000 1,515,000

1,960 2,235 4,492 1,654 1,806 3,549 2,400

1,342 1,072 1,168 1,235 1,415 1,265 1,027

District 17 LOYANG VILLAS

LOYANG RISE

1,550,000

1,648

1,181

District 18 THE RIVERINA

RIVERINA CRESCENT

1,550,000

1,615

1,417

Project Name

Street Name

District 5 BAROSSA GARDENS

PASIR PANJANG ROAD

District 10 MOUNT ECHO PARK LANDED HOUSING DEVELOPMENT PEIRCE VILLAS LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT CAMWOOD PARK

HOMEBUYERS

Tenure

Unit Price (Sq ft)

LANDED PROPERTY Price ($)

Floor Area (Sq ft)

FH LH LH FH LH FH FH LH LH FH LH FH FH FH LH FH FH FH LH

2,488,000 3,600,000 2,270,000 2,150,000 2,310,000 2,680,000 3,500,000 2,475,000 3,380,000 9,380,000 1,980,000 2,300,000 2,050,000 2,380,000 4,028,000 2,380,000 3,300,000 2,350,000 5,218,000

2,322 3,082 1,837 2,093 1,631 1,707 4,280 2,164 2,394 8,681 1,758 1,724 1,278 1,797 4,178 1,827 2,748 1,671 5,307

1,570 818 1,316 1,111 941 1,144 1,387 1,412 1,081 1,126 1,432 1,319 1,190 1,098 1,334 724 1,604 1,325 964

JALAN CHEMPEDAK JALAN IKAN MERAH CLOVER RISE ELLINGTON SQUARE JALAN SEMBILANG JALAN KELI JALAN MENARONG LEO DRIVE TAMAN PERMATA JALAN LEBAN SEMBAWANG HILLS DRIVE MAYFLOWER PLACE

FH FH FH FH FH FH FH FH FH FH FH FH

2,620,000 2,268,000 2,125,000 2,200,000 3,168,000 2,600,000 2,640,000 2,430,000 4,130,000 3,500,000 2,750,000 4,000,000

1,953 1,603 1,679 1,863 2,852 1,874 2,001 2,042 3,763 3,351 2,010 3,439

1,366 1,303 1,273 966 1,201 631 960 1,045 1,407 983 1,368 1,163

District 21 CLEMENTI GREEN SAVOY PARK SAVOY PARK HOOVER PARK CHENG SOON GARDEN BINJAI CREST THE MONDRIAN HONG KONG PARK

CLEMENTI CRESCENT ENG KONG DRIVE ENG KONG DRIVE CHUN TIN ROAD KISMIS AVENUE JALAN KAMPONG CHANTEK HINDHEDE PLACE BEE SAN AVENUE

FH FH FH FH FH LH LH LH

5,200,000 2,420,000 3,300,000 3,800,000 3,600,000 2,200,000 3,800,000 3,900,000

4,823 1,907 3,936 1,911 2,937 3,778 2,353 2,627

828 1,078 1,027 1,014 599 1,056 1,269 838

District 22 YUNNAN GARDENS LAKESIDE GROVE

YUNNAN CRESCENT CORPORATION RISE

FH LH

2,450,000 1,700,000

2,959 1,609

1,989 842

District 23 VILLA VERDE VILLA VERDE HUA MEI GARDENS

VERDE CRESCENT VERDE CRESCENT PHOENIX RISE

LH LH FH

1,550,000 1,420,000 3,600,000

1,841 1,935 4,382

1,226 582 1,615

District 25 LANDED HOUSING DEVELOPMENT

OAKWOOD GROVE

4,530,000

7,556

734

District 26 MANDAI GARDEN SPRINGLEAF GARDEN

MENG SUAN ROAD SPRINGLEAF HEIGHT

LH FH

6,500,000 3,600,000

6,329 3,550

1,484 822

District 27 LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT

PLATINA ROAD WAK HASSAN DRIVE

FH LH

3,238,000 5,600,000

2,356 4,721

1,374 982

District 28 LILAC PARK SELETAR HILLS ESTATE ESTE VILLA CAMELIA PARK

NIM ROAD JALAN PELAJAU NIM ROAD TAMARIND ROAD

FH LH FH FH

4,500,000 4,418,000 2,350,000 4,750,000

4,583 3,072 3,412 4,828

1,186 1,438 689 984

Project Name

Street Name

District 19 LANDED HOUSING DEVELOPMENT PARRY GREEN PARRY PARK LANDED HOUSING DEVELOPMENT D' SILVA TERRACE LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT SERANGOON GARDEN ESTATE LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT CHUAN GREEN ALWYN PARK LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT SERANGOON GARDEN ESTATE LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT GOLDEN HILL ESTATE SERANGOON GARDEN ESTATE

SURIN AVENUE LIMBOK TERRACE PARRY WALK JALAN LEPAS KANG CHOO BIN ROAD TAI HWAN CRESCENT TAI KENG GARDENS BRIDPORT AVENUE POH HUAT ROAD PAYA LEBAR CRESCENT CHUAN DRIVE HONG LEE PLACE HOW SUN ROAD HOW SUN CLOSE STOKESAY DRIVE FLORENCE ROAD MARLENE AVENUE LI HWAN DRIVE TAVISTOCK AVENUE

District 20 SEMBAWANG HILLS ESTATE THOMSON PARK LANDED HOUSING DEVELOPMENT WELLINGTON PARK THOMSON PARK THOMSON PARK SEMBAWANG HILLS ESTATE WINDSOR PARK ESTATE YEW LIAN PARK SEMBAWANG HILLS ESTATE THOMSON HILLS ESTATE LANDED HOUSING DEVELOPMENT

Tenure

Unit Price (Sq ft)

HOMEBUYERS

NON-LANDED PROPERTY Price ($)

Floor Area (Sq ft)

LH LH LH LH LH LH LH LH LH LH LH

1,340,000 1,450,000 2,566,900 8,169,600 7,459,200 1,436,000 4,450,000 1,950,000 1,580,000 1,642,550 1,900,000

452 1,744 1,119 2,368 2,368 818 2,067 753 1,259 700 1,076

2,964 832 2,293 3,450 3,150 1,755 2,153 2,588 1,255 2,348 1,765

CANTONMENT ROAD KEE SENG STREET SHENTON WAY CANTONMENT ROAD SPOTTISWOODE PARK ROAD ENGGOR STREET

FH LH LH LH LH FH

1,420,000 2,590,000 1,780,000 1,525,000 720,000 1,558,800

969 1,141 980 1,109 850 667

1,466 2,270 1,817 1,375 847 2,336

District 3 THE ANCHORAGE THE ANCHORAGE ALEX RESIDENCES ASCENTIA SKY CENTRAL GREEN CONDOMINIUM QUEENS TANGLIN VIEW COMMONWEALTH TOWERS ALEX RESIDENCES ASCENTIA SKY

ALEXANDRA ROAD ALEXANDRA ROAD ALEXANDRA VIEW ALEXANDRA VIEW JALAN MEMBINA STIRLING ROAD PRINCE CHARLES CRESCENT COMMONWEALTH AVENUE ALEXANDRA VIEW ALEXANDRA VIEW

FH LH LH LH LH LH LH LH LH LH

1,930,000 1,800,000 1,505,000 2,410,000 1,670,000 1,438,000 1,530,000 853,100 945,000 1,620,000

1,604 1,830 1,044 1,798 1,292 1,195 1,141 441 474 1,012

1,203 984 1,441 1,341 1,293 1,204 1,341 1,933 1,995 1,601

District 4 CARIBBEAN AT KEPPEL BAY THE INTERLACE THE INTERLACE HARBOUR VIEW TOWERS REFLECTIONS AT KEPPEL BAY THE COAST AT SENTOSA COVE THE PEARL @ MOUNT FABER TURQUOISE THE INTERLACE

KEPPEL BAY DRIVE DEPOT ROAD DEPOT ROAD TELOK BLANGAH DRIVE KEPPEL BAY VIEW OCEAN DRIVE MOUNT FABER ROAD COVE DRIVE DEPOT ROAD

LH LH LH LH LH LH LH LH LH

1,880,000 1,300,000 2,777,100 1,130,000 1,590,000 3,125,000 2,388,000 4,550,000 1,608,000

1,227 1,076 2,056 797 840 2,626 2,347 2,777 1,055

1,532 1,208 1,351 1,419 1,894 1,190 1,018 1,638 1,524

District 5 THE ROCHESTER DOVER PARKVIEW THE PARC CONDOMINIUM DOVER PARKVIEW WHITEHAVEN HUNDRED TREES FABER CREST MONTEREY PARK CONDOMINIUM FABER CREST PASIR PANJANG COURT THE VISION HERITAGE VIEW FLYNN PARK WATERFRONT @ FABER WATERFRONT @ FABER THE VISION THE TRILINQ SEAHILL VIVA VISTA WHITEHAVEN DOVER PARKVIEW WATERFRONT @ FABER THE VISION WEST BAY CONDOMINIUM THE ORIENT THE TRILINQ

ROCHESTER DRIVE DOVER RISE WEST COAST WALK DOVER RISE PASIR PANJANG ROAD WEST COAST DRIVE FABER HEIGHTS WEST COAST RISE FABER HEIGHTS PASIR PANJANG CLOSE WEST COAST CRESCENT DOVER RISE YEW SIANG ROAD FABER WALK FABER WALK WEST COAST CRESCENT JALAN LEMPENG WEST COAST CRESCENT SOUTH BUONA VISTA ROAD PASIR PANJANG ROAD DOVER RISE FABER WALK WEST COAST CRESCENT WEST COAST CRESCENT PASIR PANJANG ROAD JALAN LEMPENG

LH FH LH FH LH LH LH LH FH LH LH FH LH LH LH LH LH FH FH LH LH LH LH FH LH LH

1,205,400 1,000,000 898,000 1,300,000 1,150,000 1,130,000 1,458,000 1,750,000 1,050,000 1,232,000 1,820,000 1,370,000 2,408,888 915,000 900,000 1,720,000 1,332,000 1,080,000 730,000 2,075,284 1,000,000 1,195,000 1,560,000 815,000 771,260 823,000

861 936 667 1,249 1,055 915 1,744 1,625 1,238 1,259 1,604 1,206 2,196 753 753 1,302 1,109 689 388 1,873 936 1,033 1,302 893 388 538

1,400 1,068 1,346 1,041 1,090 1,235 836 1,077 848 978 1,135 1,136 1,097 1,214 1,194 1,321 1,201 1,568 1,884 1,108 1,068 1,156 1,198 912 1,990 1,529

Project Name

Street Name

District 1 V ON SHENTON FOOK HAI BUILDING MARINA ONE RESIDENCES MARINA BAY RESIDENCES MARINA BAY RESIDENCES THE CLIFT MARINA BAY SUITES THE CLIFT RIVERWALK APARTMENT MARINA ONE RESIDENCES THE CLIFT

SHENTON WAY SOUTH BRIDGE ROAD MARINA WAY MARINA BOULEVARD MARINA BOULEVARD MCCALLUM STREET CENTRAL BOULEVARD MCCALLUM STREET UPPER CIRCULAR ROAD MARINA WAY MCCALLUM STREET

District 2 THE BEACON ONZE @ TANJONG PAGAR 76 SHENTON THE BEACON SPOTTISWOODE PARK SKYSUITES@ANSON

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Tenure

Unit Price (Sq ft)

NON-LANDED PROPERTY Price ($)

Floor Area (Sq ft)

LH LH LH LH LH LH LH LH LH LH LH

1,300,000 1,650,000 639,900 1,243,000 1,204,655 1,249,000 625,000 1,005,000 1,243,000 1,180,000 1,055,000

883 1,668 883 710 710 678 678 570 700 700 560

1,473 989 725 1,750 1,696 1,842 922 1,762 1,777 1,687 1,885

JELLICOE ROAD RANGOON ROAD STURDEE ROAD STURDEE ROAD STURDEE ROAD MERGUI ROAD KITCHENER LINK

FH LH LH LH FH FH FH

1,400,000 840,000 1,350,000 1,270,000 1,488,000 1,092,300 1,088,000

904 753 1,281 1,259 1,485 614 570

1,548 1,115 1,054 1,008 1,002 1,780 1,907

District 9 THE VERMONT ON CAIRNHILL PARC EMILY CAIRNHILL PLAZA SCOTTS HIGHPARK URBAN RESORT CONDOMINIUM LA CRYSTAL URBAN RESORT CONDOMINIUM URBAN RESORT CONDOMINIUM WATERFORD RESIDENCE MARTIN PLACE RESIDENCES 8 @ MOUNT SOPHIA LIV ON WILKIE ASPEN HEIGHTS THE ORCHARD RESIDENCES THE COSMOPOLITAN

CAIRNHILL RISE MOUNT EMILY ROAD CAIRNHILL ROAD SCOTTS ROAD CAIRNHILL ROAD KILLINEY ROAD CAIRNHILL ROAD CAIRNHILL ROAD KIM YAM ROAD MARTIN PLACE MOUNT SOPHIA WILKIE TERRACE RIVER VALLEY ROAD ORCHARD BOULEVARD KIM SENG ROAD

FH FH FH FH FH FH FH LH FH LH FH LH LH FH LH

3,100,000 1,900,000 3,980,000 2,100,000 4,654,000 1,130,000 4,682,000 5,787,000 1,890,000 1,270,000 1,400,000 1,240,000 1,650,000 5,500,000 3,250,000

1,410 1,238 2,293 1,141 2,121 710 2,121 2,530 1,195 592 915 560 1,109 1,808 1,679

2,198 1,535 1,736 1,841 2,195 1,591 2,208 2,288 1,582 2,145 1,530 2,215 1,488 3,041 1,935

District 10 ONE TREE HILL MANSIONS FOUR SEASONS PARK BEAUFORT ON NASSIM THE MARBELLA BEVERLY HILL LEEDON RESIDENCE LEIGHWOODS D'LEEDON CUSCADEN RESIDENCES D' DALVEY THE EQUATORIAL DUCHESS CREST CUSCADEN RESIDENCES HALLMARK RESIDENCES CORONA VILLE TANGLIN REGENCY TANGLIN REGENCY THE ARC AT DRAYCOTT ST REGIS RESIDENCES SINGAPORE RV RESIDENCES MELROSE PARK TANGLIN REGENCY

ONE TREE HILL CUSCADEN WALK NASSIM ROAD MOUNT SINAI RISE GRANGE ROAD LEEDON HEIGHTS MOUNT SINAI RISE LEEDON HEIGHTS CUSCADEN ROAD DALVEY ESTATE STEVENS ROAD DUCHESS AVENUE CUSCADEN ROAD EWE BOON ROAD JALAN HAJI ALIAS TANGLIN ROAD TANGLIN ROAD DRAYCOTT DRIVE TANGLIN ROAD RIVER VALLEY ROAD KELLOCK ROAD TANGLIN ROAD

FH FH FH FH FH FH LH LH FH FH LH FH FH FH LH LH FH LH LH LH LH FH

1,630,000 9,500,000 4,250,000 2,318,000 6,960,000 3,920,000 2,600,000 1,020,000 3,150,000 1,450,000 2,050,000 2,030,000 3,000,000 2,816,520 1,725,000 998,000 1,700,000 2,200,000 7,800,000 2,260,000 2,588,000 1,715,000

1,615 3,821 1,367 1,582 3,778 2,131 2,217 646 1,485 958 1,378 1,582 1,496 1,485 1,518 710 1,292 1,130 3,897 1,270 1,701 1,292

1,010 2,486 3,109 1,465 1,842 1,839 1,173 1,579 2,121 1,514 1,488 1,283 2,005 1,896 1,137 1,405 1,316 1,947 2,002 1,779 1,522 1,328

District 11 GLOUCESTER MANSIONS GILSTEAD TWO NEWTON 21 SKY@ELEVEN NEWTON ONE

NEWTON ROAD GILSTEAD ROAD NEWTON ROAD THOMSON LANE NEWTON ROAD

FH FH FH FH FH

1,010,000 1,965,000 2,470,000 5,275,000 4,500,000

657 904 1,593 2,820 2,411

1,538 2,173 1,550 1,870 1,866

Project Name

Street Name

District 7 THE BENCOOLEN SUNSHINE PLAZA TEXTILE CENTRE CITY GATE CITY GATE CITY GATE THE PLAZA CITY GATE CITY GATE CITY GATE CITY GATE

BENCOOLEN STREET PRINSEP LINK JALAN SULTAN BEACH ROAD BEACH ROAD BEACH ROAD BEACH ROAD BEACH ROAD BEACH ROAD BEACH ROAD BEACH ROAD

District 8 CITYLIGHTS CITIGATE RESIDENCE KERRISDALE KERRISDALE KERRISDALE FORTE SUITES CITY SQUARE RESIDENCES

Tenure

Unit Price (Sq ft)

HOMEBUYERS

NON-LANDED PROPERTY Price ($)

Floor Area (Sq ft)

FH FH LH LH FH

2,000,000 1,400,000 1,610,000 2,000,000 3,880,000

1,335 926 958 1,970 3,810

1,498 1,512 1,681 1,015 1,018

JALAN DUSUN WHAMPOA EAST KAMPONG BUGIS JALAN AMPAS WHAMPOA EAST JALAN RAJAH JALAN AMPAS MAR THOMA ROAD SERANGOON ROAD WHAMPOA EAST WHAMPOA EAST LORONG 3 TOA PAYOH LORONG 3 TOA PAYOH JALAN DATOH

LH FH FH LH FH FH LH FH LH LH LH LH FH FH

658,000 1,258,000 2,846,363 1,192,050 1,025,000 800,000 1,380,000 955,000 1,120,000 1,255,000 1,165,000 930,000 1,670,000 1,240,000

452 936 1,432 883 700 614 1,259 786 818 936 840 689 1,270 1,141

1,455 1,343 1,988 1,351 1,465 1,304 1,096 1,215 1,369 1,340 1,388 1,350 1,315 1,087

District 13 EURO-ASIA PARK BARTLEY RIDGE R MAISON NIN RESIDENCE AVON PARK BARTLEY RIDGE BARTLEY RIDGE THE VENUE RESIDENCES BARTLEY RIDGE SANT RITZ 18 WOODSVILLE R MAISON

WOODLEIGH CLOSE MOUNT VERNON ROAD SOMMERVILLE WALK PHENG GECK AVENUE YOUNGBERG TERRACE MOUNT VERNON ROAD MOUNT VERNON ROAD TAI THONG CRESCENT MOUNT VERNON ROAD PHENG GECK AVENUE WOODSVILLE CLOSE SOMMERVILLE WALK

LH FH LH FH LH LH LH LH LH FH FH FH

1,450,000 1,883,500 748,000 720,000 1,600,000 1,860,200 1,838,100 1,232,250 1,691,900 1,380,000 2,489,000 801,780

1,528 1,550 581 452 1,281 1,550 1,550 840 1,561 1,055 1,572 581

949 1,215 1,287 1,593 1,249 1,200 1,186 1,468 1,084 1,308 1,584 1,379

District 14 BALMY COURT DAKOTA RESIDENCES MERA EAST RESIDENCES 88 # 1 SUITES RESIDENTIAL APARTMENTS ASTORIA PARK FUYUEN COURT CITY PLAZA THE SUNNY SPRING STARVILLE THE LENOX # 1 SUITES REZI 3TWO TRE RESIDENCES THE WATERINA TREASURES@G6 BLISS VILLE THE WATERINA CENTRAL MEADOWS THE TRUMPS

LORONG 27A GEYLANG DAKOTA CRESCENT CHANGI ROAD LORONG MARICAN LORONG 20 GEYLANG CHANGI ROAD LORONG MYDIN LORONG 35 GEYLANG GEYLANG ROAD LORONG 40 GEYLANG LENGKONG TIGA CHANGI ROAD LORONG 20 GEYLANG LORONG 32 GEYLANG GEYLANG EAST AVENUE 1 LORONG 40 GEYLANG LORONG 6 GEYLANG LORONG MELAYU LORONG 40 GEYLANG LORONG 34 GEYLANG JALAN KEMBANGAN

LH FH FH FH FH LH FH FH FH FH FH FH FH LH FH FH FH FH FH LH LH

720,000 2,550,000 878,000 585,000 684,223 1,000,000 980,000 948,000 815,000 1,108,888 1,220,000 600,000 684,223 694,900 908,600 1,628,000 571,200 1,310,000 1,230,000 950,000 1,439,000

775 1,830 753 441 581 1,076 1,001 1,206 915 1,109 1,238 334 581 452 678 1,356 420 1,163 1,130 969 1,356

929 1,394 1,165 1,326 1,177 929 979 786 891 1,000 986 1,798 1,177 1,537 1,340 1,200 1,361 1,127 1,088 981 1,061

District 15 RIVEREDGE TAIPAN GRAND FERNWOOD TOWERS ESPIRA SPRING MANDARIN GARDEN CONDOMINIUM THE AMBROSIA COTE D'AZUR TESSA LODGE OCEAN PARK

SAMPAN PLACE MARINE PARADE ROAD FERNWOOD TERRACE LORONG G TELOK KURAU SIGLAP ROAD LORONG N TELOK KURAU MARINE PARADE ROAD MOUNTBATTEN ROAD EAST COAST ROAD

FH FH FH LH FH LH FH Freehold Freehold

1,427,000 1,320,000 1,460,000 960,000 975,000 1,950,000 1,438,000 1,330,000 2,100,000

1,066 1,238 1,195 893 1,001 1,528 1,109 1,184 2,110

1,339 1,066 1,222 1,075 974 1,276 1,297 1,123 995

Project Name

Street Name

CUBE 8 SUITES @ SURREY PAVILION 11 HILLCREST ARCADIA THE ARCADIA

THOMSON ROAD SURREY ROAD AKYAB ROAD ARCADIA ROAD ARCADIA ROAD

District 12 ONE DUSUN RESIDENCES EIGHT RIVERSUITES KALLANG RIVERSIDE THE VIRIDIAN EIGHT RIVERSUITES THE VERVE BIRCHWOOD MANSIONS RIVERBAY REGENT RESIDENCES EIGHT RIVERSUITES EIGHT RIVERSUITES TREVISTA TREVISTA THE CITRINE

HOMEBUYERS

Tenure

Unit Price (Sq ft)

NON-LANDED PROPERTY Price ($)

Floor Area (Sq ft)

Freehold Freehold LH FH FH FH

1,288,000 1,890,900 1,895,400 3,650,000 1,175,400 1,872,900

1,066 1,044 1,044 2,626 635 1,044

1,209 1,811 1,815 1,390 1,851 1,794

JALAN HAJIJAH BEDOK SOUTH AVENUE 3 EASTWOOD ROAD KEW CRESCENT BEDOK RISE TANAH MERAH KECHIL AVENUE BEDOK RESERVOIR ROAD BEDOK SOUTH AVENUE 3 BEDOK SOUTH AVENUE 3 TANAH MERAH KECHIL AVENUE JALAN HAJIJAH BEDOK RISE BEDOK SOUTH AVENUE 3 EASTWOOD ROAD BEDOK SOUTH AVENUE 3 BEDOK RESERVOIR ROAD

LH LH LH LH LH LH LH LH LH LH LH LH FH LH LH LH

1,350,000 1,700,000 855,000 1,858,888 1,385,100 1,780,000 990,000 754,224 813,000 740,000 1,080,000 1,050,000 844,000 595,000 828,000 1,340,000

1,141 2,411 1,012 2,928 990 1,528 829 614 614 484 1,066 700 635 409 635 1,227

1,183 705 845 635 1,399 1,165 1,194 1,229 1,325 1,528 1,013 1,501 1,329 1,455 1,304 1,092

District 17 COASTAL BREEZE RESIDENCES EDELWEISS PARK CONDOMINIUM HEDGES PARK CONDOMINIUM EDELWEISS PARK CONDOMINIUM LOYANG VALLEY CARISSA PARK CONDOMINIUM BALLOTA PARK CONDOMINIUM THE GALE FERRARIA PARK CONDOMINIUM COASTAL BREEZE RESIDENCES

LOYANG BESAR CLOSE FLORA ROAD FLORA DRIVE FLORA ROAD LOYANG AVENUE FLORA DRIVE MARIAM WAY FLORA ROAD FLORA DRIVE LOYANG BESAR CLOSE

FH LH FH LH FH FH FH FH LH LH

1,050,000 2,350,000 853,000 800,000 1,190,000 850,000 920,000 1,080,000 1,160,000 1,030,000

1,152 3,197 797 829 1,905 947 1,281 1,044 1,356 1,152

912 735 1,071 965 625 897 718 1,034 855 894

District 18 SAVANNAH CONDOPARK D'NEST MELVILLE PARK VUE 8 RESIDENCE DOUBLE BAY RESIDENCES WATERVIEW SEASTRAND COCO PALMS THE TROPICA COCO PALMS TAMPINES COURT CHANGI RISE CONDOMINIUM COCO PALMS THE SANTORINI THE SANTORINI TROPICAL SPRING

SIMEI RISE PASIR RIS GROVE SIMEI STREET 1 PASIR RIS HEIGHTS SIMEI STREET 4 TAMPINES AVENUE 1 PASIR RIS LINK PASIR RIS GROVE TAMPINES AVENUE 1 PASIR RIS GROVE TAMPINES STREET 11 SIMEI RISE PASIR RIS GROVE TAMPINES STREET 86 TAMPINES STREET 86 SIMEI STREET 4

LH LH LH LH LH LH LH LH LH LH LH LH LH LH LH LH

1,095,000 1,262,040 1,070,000 965,000 1,045,000 870,000 870,000 1,362,660 828,000 1,303,380 900,000 905,000 1,213,680 1,158,250 1,112,710 1,350,000

1,227 1,270 1,475 1,044 936 786 883 1,259 990 1,475 1,668 1,130 1,152 1,044 1,044 1,528

892 994 726 924 1,116 1,107 986 1,082 836 884 539 801 1,054 1,109 1,066 883

District 19 THE SCALA LA FIESTA THE SCALA THE SPRINGBLOOM KOVAN MELODY THE QUINN THE FLORENTINE THE QUINN THE MORNING GLORY THE QUINN KOVAN MELODY JEWEL @ BUANGKOK

SERANGOON AVENUE 3 SENGKANG SQUARE SERANGOON AVENUE 3 SERANGOON AVENUE 3 KOVAN ROAD BARTLEY ROAD FLORENCE ROAD BARTLEY ROAD SIRAT ROAD BARTLEY ROAD KOVAN ROAD COMPASSVALE BOW

LH LH LH LH FH LH FH FH FH LH LH LH

1,900,000 961,000 1,230,000 1,325,000 1,435,000 798,016 1,000,000 1,069,746 980,000 706,000 1,120,000 903,000

1,711 947 829 1,302 1,313 592 958 786 1,033 517 904 775

1,110 1,015 1,484 1,017 1,093 1,348 1,044 1,361 948 1,366 1,239 1,165

Project Name

Street Name

Tenure

ST PATRICK'S LOFT MARINE BLUE MARINE BLUE PEBBLE BAY MARINE BLUE MARINE BLUE

ST. PATRICK'S ROAD MARINE PARADE ROAD MARINE PARADE ROAD TANJONG RHU ROAD MARINE PARADE ROAD MARINE PARADE ROAD

District 16 LANDBAY CONDOMINIUM BEDOK COURT EASTWOOD GREEN KEW GREEN THE GLADES CASA MERAH WATERFRONT KEY ECO ECO OPTIMA @ TANAH MERAH LAGUNA GREEN THE GLADES ECO EASTWOOD REGENCY ECO WATERFRONT GOLD

Unit Price (Sq ft)

HOMEBUYERS

NON-LANDED PROPERTY Price ($)

Floor Area (Sq ft)

LH LH LH LH LH LH LH FH LH LH LH LH LH LH LH LH LH FH

1,244,320 1,300,000 1,200,000 1,200,000 1,400,000 1,339,096 1,396,000 900,768 2,680,000 1,360,000 1,495,900 1,160,000 1,100,000 1,365,000 1,696,816 892,056 1,100,000 904,464

1,012 2,002 818 1,152 1,044 1,109 1,044 678 2,971 1,615 1,141 1,152 1,141 1,055 1,335 786 1,152 700

1,230 649 1,467 1,042 1,341 1,208 1,337 1,328 902 842 1,311 1,007 964 1,294 1,271 1,135 955 1,293

ENG KONG CRESCENT BUKIT TIMAH ROAD HUME AVENUE HUME AVENUE PINE GROVE TOH TUCK ROAD SUNSET WAY HUME AVENUE TOH TUCK ROAD TOH TUCK ROAD HUME AVENUE TOH TUCK ROAD LORONG KILAT HUME AVENUE HUME AVENUE

FH FH FH LH FH FH FH FH FH FH LH FH FH FH LH

1,040,000 1,869,000 1,468,000 1,000,000 1,065,000 1,130,000 2,040,000 875,000 1,115,000 857,458 1,100,000 1,120,000 1,800,000 880,000 1,050,000

1,044 1,335 1,485 1,001 926 1,033 1,873 969 1,033 474 1,152 1,216 2,110 904 990

996 1,400 988 999 1,150 1,094 1,089 903 1,079 1,810 955 921 853 973 1,060

District 22 THE CENTRIS THE CENTRIS PARC VISTA CASPIAN LAKEVILLE THE LAKEFRONT RESIDENCES LAKEVILLE PARC OASIS LAKEHOLMZ LAKEVILLE PARC VISTA LAKEVILLE LAKEVILLE THE LAKESHORE LAKEVILLE LAKEVILLE LAKEVILLE

JURONG WEST CENTRAL 3 JURONG WEST CENTRAL 3 CORPORATION ROAD LAKESIDE DRIVE JURONG LAKE LINK LAKESIDE DRIVE JURONG LAKE LINK JURONG EAST AVENUE 1 CORPORATION ROAD JURONG LAKE LINK CORPORATION ROAD JURONG LAKE LINK JURONG LAKE LINK JURONG WEST STREET 41 JURONG LAKE LINK JURONG LAKE LINK JURONG LAKE LINK

LH LH LH LH LH LH LH LH LH LH LH LH LH LH LH LH LH

1,080,000 1,100,000 982,888 1,300,000 734,580 1,580,000 940,500 1,000,000 1,050,000 1,089,410 860,000 916,740 1,104,185 1,005,000 1,358,315 1,214,730 1,770,120

936 1,270 1,055 1,389 560 1,216 635 1,227 1,249 764 1,076 635 775 926 1,141 990 1,528

1,153 866 932 936 1,312 1,299 1,481 815 841 1,425 799 1,444 1,425 1,086 1,190 1,227 1,158

District 23 THE MADEIRA HILLVIEW PARK FORESQUE RESIDENCES HILLS TWOONE THE PETALS MERA WOODS THE TENNERY THE WARREN FORESQUE RESIDENCES HILLINGTON GREEN HILLVIEW REGENCY GUILIN VIEW

BUKIT BATOK STREET 31 HILLVIEW AVENUE PETIR ROAD HILLVIEW TERRACE HILLVIEW AVENUE HILLVIEW AVENUE WOODLANDS ROAD CHOA CHU KANG LOOP PETIR ROAD HILLVIEW AVENUE BUKIT BATOK EAST AVENUE 2 BUKIT BATOK STREET 52

FH LH FH FH LH LH LH LH LH LH LH LH

1,589,000 870,000 1,552,604 1,049,000 1,220,000 940,000 895,000 1,068,000 665,000 1,375,000 930,000 1,360,880

2,400 764 2,045 797 1,356 1,055 861 1,259 463 1,356 1,130 1,701

662 1,138 759 1,317 900 891 1,039 848 1,437 1,014 823 800

Project Name

Street Name

District 20 THE PANORAMA FAR HORIZON GARDENS CENTRO RESIDENCES THE GARDENS AT BISHAN THOMSON THREE THE PANORAMA THOMSON THREE THE PANORAMA SIN MING PLAZA LAKEVIEW ESTATE SKY VUE THE GARDENS AT BISHAN SEASONS VIEW THOMSON THREE THE PANORAMA THE PANORAMA THE GARDENS AT BISHAN THE PANORAMA

ANG MO KIO AVENUE 2 ANG MO KIO AVENUE 9 ANG MO KIO AVENUE 8 SIN MING WALK BRIGHT HILL DRIVE ANG MO KIO AVENUE 2 BRIGHT HILL DRIVE ANG MO KIO AVENUE 2 SIN MING ROAD UPPER THOMSON ROAD BISHAN STREET 15 SIN MING WALK PEMIMPIN DRIVE BRIGHT HILL DRIVE ANG MO KIO AVENUE 2 ANG MO KIO AVENUE 2 SIN MING WALK ANG MO KIO AVENUE 2

District 21 ENG KONG GREEN MAPLEWOODS PARC PALAIS SUMMERHILL CAVENDISH PARK SIGNATURE PARK CLEMENTI PARK PARC PALAIS SIGNATURE PARK THE CREEK @ BUKIT SYMPHONY HEIGHTS HIGH OAK CONDOMINIUM KILAT COURT HUME PARK I PARC PALAIS

HOMEBUYERS

Tenure

Unit Price (Sq ft)

NON-LANDED PROPERTY Price ($)

Floor Area (Sq ft)

LH LH LH LH LH LH LH LH

905,200 1,508,000 702,720 1,157,200 900,000 860,000 995,000 935,000

710 1,647 463 872 1,119 1,087 1,119 1,055

1,274 916 1,518 1,327 804 791 889 886

ROSEWOOD DRIVE WOODGROVE AVENUE WOODGROVE DRIVE ROSEWOOD DRIVE ROSEWOOD DRIVE

LH LH LH LH LH

1,188,888 666,000 1,438,000 818,000 950,000

1,539 624 2,056 926 1,173

772 1,067 699 884 810

District 26 CASTLE GREEN CASTLE GREEN CASTLE GREEN CASTLE GREEN MEADOWS @ PEIRCE

YIO CHU KANG ROAD YIO CHU KANG ROAD YIO CHU KANG ROAD YIO CHU KANG ROAD UPPER THOMSON ROAD

LH LH LH FH LH

830,000 820,000 800,000 950,000 1,300,000

947 947 947 1,152 1,195

876 866 845 825 1,088

District 27 THE MILTONIA RESIDENCES SYMPHONY SUITES NINE RESIDENCES CANBERRA RESIDENCES THE ESTUARY SKIES MILTONIA NINE RESIDENCES EIGHT COURTYARDS YISHUN EMERALD EIGHT COURTYARDS ORCHID PARK CONDOMINIUM ORCHID PARK CONDOMINIUM EIGHT COURTYARDS

MILTONIA CLOSE YISHUN CLOSE YISHUN AVENUE 9 CANBERRA DRIVE YISHUN AVENUE 1 MILTONIA CLOSE YISHUN AVENUE 9 CANBERRA DRIVE CANBERRA DRIVE CANBERRA DRIVE YISHUN STREET 81 YISHUN STREET 81 CANBERRA DRIVE

LH LH LH LH LH LH LH LH LH LH LH LH LH

1,780,000 693,000 849,000 670,000 1,400,000 1,132,000 850,000 863,000 1,030,000 860,000 725,000 712,000 900,000

2,077 689 700 614 1,528 1,130 710 861 1,399 861 958 893 990

857 1,006 1,213 1,092 916 1,002 1,196 1,002 736 999 757 797 909

District 28 RIVERBANK @ FERNVALE RIVERTREES RESIDENCES RIVERBANK @ FERNVALE SELETAR SPRINGS CONDOMINIUM RIVERBANK @ FERNVALE RIVERTREES RESIDENCES RIVERTREES RESIDENCES RIVERTREES RESIDENCES RIVERBANK @ FERNVALE

FERNVALE CLOSE FERNVALE CLOSE FERNVALE CLOSE GERALD DRIVE FERNVALE CLOSE FERNVALE CLOSE FERNVALE CLOSE FERNVALE CLOSE FERNVALE CLOSE

LH LH LH LH LH LH LH LH LH

939,000 1,262,040 1,209,780 945,000 959,310 855,888 1,185,260 1,230,880 890,000

1,012 1,270 1,238 1,302 947 840 1,119 1,206 947

928 994 977 726 1,013 1,019 1,059 1,021 940

Project Name

Street Name

THE SKYWOODS CASHEW HEIGHTS CONDOMINIUM HILLION RESIDENCES THE SKYWOODS PARKVIEW APARTMENTS NORTHVALE HILLVIEW REGENCY THE MADEIRA

DAIRY FARM HEIGHTS CASHEW ROAD JELEBU ROAD DAIRY FARM HEIGHTS BUKIT BATOK STREET 25 CHOA CHU KANG LOOP BUKIT BATOK EAST AVENUE 2 BUKIT BATOK STREET 31

District 25 ROSEWOOD SUITES WOODHAVEN WOODGROVE CONDOMINIUM CASABLANCA ROSEWOOD

Tenure

Unit Price (Sq ft)

The property data is obtained from URA’s website; any use in any manner of any data is subject to the terms and conditions specified in URA’s webpage: http: www.ura.gov.sg/realEstateWeb/pageflow/transaction/TransactionController.jpf. The property data is published for general information only with URA’s consent, and the consent of SLA who owns the intellectual propety right to the underlying data. @Singapore Land Authority. All Rights Reserved. All data is obtained from the Urban Redevelopment Authority's (URA) website. Due to space constraints, data published in Homebuyers magazine has been selected on a random basis. For a list of complete data, please visit the URA website at www.ura.gov.sg.

HOMEBUYERS

Rental Contracts of Private Residential Property (Dec 2014 – Jan 2015) LANDED PROPERTY Project Name

Street Name

District 2 BLAIR PLAIN CONSERVATION AREA BLAIR PLAIN CONSERVATION AREA

NEIL ROAD BLAIR ROAD

10,000 11,000

4000 to 4500 3500 to 4000

District 4 LANDED HOUSING DEVELOPMENT PARADISE ISLAND LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT

OCEAN DRIVE PARADISE ISLAND OCEAN DRIVE BUKIT TERESA ROAD

27,000 13,000 22,000 6,000

5500 to 6000 6500 to 7000 6000 to 6500 3000 to 3500

District 5 LANDED HOUSING DEVELOPMENT CHELSEA VILLAGE SPRINGWOOD WEST COAST GARDENS WEST COAST GARDENS LANDED HOUSING DEVELOPMENT

PASIR PANJANG ROAD JAMBOL PLACE SPRINGWOOD WALK WEST COAST TERRACE WEST COAST RISE JUBILEE ROAD

6,750 9,700 3,800 4,200 15,300 7,500

2500 to 3000 3000 to 3500 1500 to 2000 1500 to 2000 5000 to 5500 3000 to 3500

District 7 KAMPONG GLAM CONSERVATION AREA

HAJI LANE

11,000

1000 to 1500

District 8 DESKER ROAD CONSERVATION AREA LANDED HOUSING DEVELOPMENT LITTLE INDIA CONSERVATION AREA RACE COURSE RD/OWEN RD

SAM LEONG ROAD RANGOON LANE VEERASAMY ROAD RACE COURSE ROAD

8,000 9,800 8,500 5,000

2500 to 3000 3500 to 4000 2500 to 3000 2000 to 2500

District 9 LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT

SOPHIA ROAD JALAN ELOK KILLINEY ROAD KIM YAM ROAD

6,250 5,600 7,500 7,500

1000 to 1500 1000 to 1500 1500 to 2000 2000 to 2500

District 10 MING TECK PARK THE TENERIFFE DRAGON VIEW PARK LANDED HOUSING DEVELOPMENT HENRY PARK ELEVEN @ HOLLAND

MING TECK PARK LAUREL WOOD AVENUE JALAN MUTIARA QUEEN ASTRID PARK HOLLAND GROVE ROAD HOLLAND LINK

4,700 8,500 6,700 21,000 7,000 7,000

1500 to 2000 3000 to 3500 1500 to 2000 3500 to 4000 3000 to 3500 3000 to 3500

District 11 HILLCREST VILLA THE GREENWOOD LANDED HOUSING DEVELOPMENT HILLCREST PARK CHANCERY GROVE LANDED HOUSING DEVELOPMENT WATTEN ESTATE LANDED HOUSING DEVELOPMENT

HILLCREST ROAD GREENWOOD AVENUE MOULMEIN ROAD HILLCREST ROAD CHANCERY LANE JALAN MERLIMAU SHELFORD ROAD WATTEN CLOSE

11,150 9,800 33,000 10,000 7,200 13,000 14,000 10,000

3000 to 3500 3000 to 3500 6000 to 6500 2500 to 3000 1500 to 2000 2000 to 2500 3500 to 4000 4500 to 5000

District 12 TOWNER VILLE LANDED HOUSING DEVELOPMENT TOWNER VILLE TOWNER VILLE

MCNAIR ROAD MARTABAN ROAD MCNAIR ROAD MCNAIR ROAD

6,000 11,000 7,200 6,800

1500 to 2000 2000 to 2500 2000 to 2500 2000 to 2500

District 13 MEDALLION DAISY PARK SENNETT ESTATE MACPHERSON GARDEN ESTATE LANDED HOUSING DEVELOPMENT SENNETT ESTATE

BRADDELL ROAD SOMMERVILLE ROAD MACPHERSON ROAD JALAN MULIA JALAN LATEH BUTTERFLY AVENUE

8,000 8,500 3,000 4,000 5,000 7,200

3500 to 4000 2500 to 3000 1500 to 2000 <= 1000 2500 to 3000 3000 to 3500

HOMEBUYERS

Monthly Rent($)

Floor Area (Sq ft)

LANDED PROPERTY Project Name

Street Name

District 14 TATIANA TERRACE LE REVE KIMNAN PARK LANDED HOUSING DEVELOPMENT

JALAN PUNAI KAMPONG EUNOS LORONG KEMBANGAN JALAN SENYUM

District 15 DUNMAN GARDEN ST PATRICK'S GROVE OPERA ESTATE LANDED HOUSING DEVELOPMENT SIGLAP PARK LANDED HOUSING DEVELOPMENT

SWANAGE ROAD MARTIA ROAD DAFNE STREET BOURNEMOUTH ROAD WOO MON CHEW ROAD BOSCOMBE ROAD

District 16 KEW GREEN D'MANOR KEW GREEN SUMMER GARDENS MERA TERRACE LANDED HOUSING DEVELOPMENT EASTWOOD VILLE

Monthly Rent($)

Floor Area (Sq ft)

5,200 5,300 3,500 2,000

2000 to 2500 2000 to 2500 2000 to 2500 3000 to 3500

4,200 4,800 4,800 13,125 3,500 6,900

1500 to 2000 2500 to 3000 1500 to 2000 2500 to 3000 1500 to 2000 3000 to 3500

KEW CRESCENT TANAH MERAH KECHIL AVENUE KEW CRESCENT UPPER CHANGI ROAD EAST SEAGULL WALK SENNETT DRIVE EASTWOOD TERRACE

5,000 5,700 4,900 4,800 4,100 5,500 6,000

2500 to 3000 2500 to 3000 2500 to 3000 2000 to 2500 2000 to 2500 2000 to 2500 2500 to 3000

District 17 TOH ESTATE CHANGI HEIGHTS LOYANG VILLAS CHANGI GROVE AVILA TERRACE CHANGI HEIGHTS

TOH CRESCENT JALAN SINAR BULAN LOYANG RISE JALAN MARIAM MARIAM WAY JALAN SINAR BULAN

6,000 4,200 4,350 5,000 3,400 5,000

2500 to 3000 2000 to 2500 2000 to 2500 2000 to 2500 2000 to 2500 2000 to 2500

District 18 PASIR RIS BEACH PARK PASIR RIS BEACH PARK

PASIR RIS AVENUE PASIR RIS ROAD

4,500 12,000

2000 to 2500 4000 to 4500

District 19 LA QUINTA PARK CHUAN VILLAS SERANGOON GARDEN ESTATE LANDED HOUSING DEVELOPMENT

CHUAN WALK CHUAN CLOSE CONISTON GROVE BRIGHT HILL CRESCENT

4,300 7,000 3,000 5,300

2000 to 2500 2000 to 2500 1000 to 1500 2000 to 2500

District 20 WESTLAKE GARDENS SOO CHOW GARDEN HORIZON GREEN NEW SOO CHOW GARDENS HORIZON GREEN

WESTLAKE AVENUE SOO CHOW RISE ANG MO KIO AVENUE 2 SOO CHOW WAY ANG MO KIO AVENUE 2

4,250 3,800 5,300 4,000 5,100

2000 to 2500 1500 to 2000 3000 to 3500 1500 to 2000 3000 to 3500

District 21 CLEMENTI PARK BINJAI CREST THE MONDRIAN GREENRIDGE HOCK SENG PARK

SUNSET WAY JALAN KAMPONG CHANTEK HINDHEDE PLACE GREENRIDGE CRESCENT JALAN JAMBU AYER

7,800 6,100 6,800 4,850 5,000

2000 to 2500 2500 to 3000 2000 to 2500 2000 to 2500 1500 to 2000

District 22 WESTVILLE LAKESIDE GROVE YUNNAN GARDENS PAVILION GROVE

WESTWOOD WALK CORPORATION RISE YUNNAN CRESCENT PAVILION PLACE

4,600 5,200 7,500 5,000

2000 to 2500 2000 to 2500 2500 to 3000 2500 to 3000

District 23 LANDED HOUSING DEVELOPMENT CHESTNUT GARDENS LANDED HOUSING DEVELOPMENT LANDED HOUSING DEVELOPMENT

CHU YEN STREET CHESTNUT GARDENS GALISTAN AVENUE GALISTAN AVENUE

7,100 5,000 14,000 6,000

2000 to 2500 2500 to 3000 4500 to 5000 2000 to 2500

District 25 LANDED HOUSING DEVELOPMENT CENTURY WOODS WOODGROVE ESTATE WOODGROVE ESTATE CENTURY WOODS

BEECHWOOD GROVE WOODGROVE WALK CEDARWOOD GROVE CEDARWOOD GROVE WOODGROVE VIEW

10,700 5,000 9,000 7,500 4,800

5500 to 6000 2500 to 3000 2500 to 3000 2500 to 3000 2000 to 2500

HOMEBUYERS

LANDED PROPERTY Project Name

Street Name

Monthly Rent($)

Floor Area (Sq ft)

District 26 THE COUNTRYSIDE MANDAI GARDEN POETS VILLAS DALLA VALE

COUNTRYSIDE ROAD MENG SUAN ROAD TAGORE AVENUE SPRINGLEAF AVENUE

4,200 2,500 5,000 6,163

2000 to 2500 1500 to 2000 3000 to 3500 3000 to 3500

District 27 LANDED HOUSING DEVELOPMENT SEMBAWANG STRAITS ESTATE SEMBAWANG PARK SEMBAWANG STRAITS ESTATE

SEMBAWANG ROAD JALAN MACHANG JALAN LENGKOK SEMBAWANG JALAN MACHANG

5,500 2,900 3,700 2,800

2000 to 2500 1000 to 1500 1000 to 1500 1000 to 1500

District 28 SUNRISE TERRACE SUNRISE VILLA SUMMER VILLAS LUXUS HILLS

SUNRISE TERRACE SUNRISE CLOSE GERALD DRIVE LUXUS HILL AVENUE

6,000 4,700 5,800 5,000

2500 to 3000 1500 to 2000 3000 to 3500 2000 to 2500

NON-LANDED PROPERTY Project Name

Street Name

District 1 THE RIVERSIDE PIAZZA MARINA BAY RESIDENCES THE SAIL @ MARINA BAY THE RIVERWALK

KENG CHEOW STREET MARINA BOULEVARD MARINA BOULEVARD UPPER CIRCULAR ROAD

2,900 6,800 5,400 5,000

1000 to 1100 1100 to 1200 800 to 900 1400 to 1500

District 2 ALTEZ ICON ICON 76 SHENTON ALTEZ

ENGGOR STREET GOPENG STREET GOPENG STREET SHENTON WAY ENGGOR STREET

3,000 3,400 3,300 3,100 7,343

500 to 600 500 to 600 500 to 600 500 to 600 1300 to 1400

District 3 QUEENS THE REGENCY AT TIONG BAHRU CENTRAL GREEN CONDO THE METROPOLITAN CONDO LANDMARK TOWERS

STIRLING ROAD CHAY YAN STREET JALAN MEMBINA ALEXANDRA VIEW CHIN SWEE ROAD

3,800 4,000 3,800 4,550 4,200

900 to 1000 900 to 1000 900 to 1000 1000 to 1100 1100 to 1200

District 4 REFLECTIONS AT KEPPEL BAY THE OCEANFRONT @ SENTOSA COVE THE OCEANFRONT @ SENTOSA COVE CARIBBEAN AT KEPPEL BAY

KEPPEL BAY VIEW OCEAN DRIVE OCEAN DRIVE KEPPEL BAY DRIVE

8,000 13,000 6,500 9,000

1500 to 1600 >3000 1700 to 1800 2200 to 2300

District 5 NORMANTON PARK HUNDRED TREES THE INFINITI WEST BAY CONDO

NORMANTON PARK WEST COAST DRIVE WEST COAST PARK WEST COAST CRESCENT

3,200 3,100 4,300 2,900

1100 to 1200 700 to 800 1300 to 1400 900 to 1000

District 6 HIGH STREET CENTRE

NORTH BRIDGE ROAD

3,200

600 to 700

District 7 CONCOURSE SKYLINE HERITAGE PLACE BURLINGTON SQUARE

BEACH ROAD TAN QUEE LAN STREET BENCOOLEN STREET

5,200 6,000 3,000

1100 to 1200 1500 to 1600 700 to 800

District 8 CITYLIGHTS SOHO 188 CITY SQUARE RESIDENCES CAVAN SUITES

JELLICOE ROAD RACE COURSE ROAD KITCHENER LINK CAVAN ROAD

4,500 2,200 4,000 2,650

800 to 900 400 to 500 800 to 900 400 to 500

HOMEBUYERS

Monthly Rent($)

Floor Area (Sq ft)

NON-LANDED PROPERTY Project Name

Street Name

Monthly Rent($)

Floor Area (Sq ft)

District 9 CAIRNHILL CREST MARTIN PLACE RESIDENCES THE MORNINGSIDE THE IMPERIAL

CAIRNHILL CIRCLE MARTIN PLACE JALAN KUALA JALAN RUMBIA

9,000 5,600 5,800 5,500

2200 to 2300 1000 to 1100 1600 to 1700 800 to 900

District 10 VERDURE D'LEEDON GRANGE RESIDENCES ST MARTIN'S MILL POINT

HOLLAND ROAD LEEDON HEIGHTS GRANGE ROAD ST. MARTIN'S DRIVE ZION CLOSE

5,300 6,000 14,000 3,400 4,100

1400 to 1500 1700 to 1800 2600 to 2700 800 to 900 800 to 900

District 11 ROSEVALE NEWTON SUITES STRATA RESIDENCES @ EVELYN 1 MOULMEIN RISE

LINCOLN ROAD NEWTON ROAD ESSEX ROAD EVELYN ROAD MOULMEIN RISE

4,800 4,250 4,400 5,400 4,900

1200 to 1300 600 to 700 800 to 900 900 to 1000 1100 to 1200

District 12 AIRSTREAM THE MARQUE @ IRRAWADDY THE INTERWEAVE THE CENTRIO

ST. MICHAEL'S ROAD SHAN ROAD KIM KEAT ROAD IRRAWADDY ROAD

2,500 3,400 3,300 4,000

600 to 700 900 to 1000 600 to 700 1200 to 1300

District 13 NIN RESIDENCE NON-LANDED HOUSING DEVELOPMENT 8@WOODLEIGH NON-LANDED HOUSING DEVELOPMENT 8@WOODLEIGH NIN RESIDENCE

PHENG GECK AVENUE MACPHERSON ROAD WOODLEIGH CLOSE MACPHERSON ROAD WOODLEIGH CLOSE PHENG GECK AVENUE

2,700 3,200 2,400 3,200 3,800 3,500

800 to 900 800 to 900 300 to 400 800 to 900 1000 to 1100 800 to 900

District 14 SUITES @ SIMS THE SUNNY SPRING THE HELICONIA SMART SUITES THE WATER EDGE CASA AERATA

SIMS AVENUE LORONG 40 GEYLANG JALAN DAUD SIMS AVENUE LORONG 38 GEYLANG LORONG 26 GEYLANG

2,600 3,400 3,000 3,200 2,300 1,800

500 to 600 1100 to 1200 1200 to 1300 900 to 1000 300 to 400 300 to 400

District 15 THE SOUND PARADISE PALMS THE BALE SPRINGVALE COSTA RHU

EAST COAST ROAD DUNMAN ROAD LORONG H TELOK KURAU EAST COAST ROAD RHU CROSS

10,000 2,850 3,800 2,500 6,000

1400 to 1500 900 to 1000 1000 to 1100 1100 to 1200 2000 to 2100

District 16 EASTWOOD REGENCY EAST MEADOWS SUNHAVEN THE BAYSHORE THE TROPIC GARDENS UBER 388

EASTWOOD ROAD TANAH MERAH KECHIL ROAD UPPER CHANGI ROAD EAST BAYSHORE ROAD UPPER EAST COAST ROAD UPPER EAST COAST ROAD

2,000 3,600 3,500 2,700 2,350 4,000

400 to 500 1100 to 1200 1100 to 1200 900 to 1000 1200 to 1300 1300 to 1400

District 17 EDELWEISS PARK CONDO DAHLIA PARK CONDO BALLOTA PARK CONDO THE GALE

FLORA ROAD FLORA DRIVE MARIAM WAY FLORA ROAD

2,500 2,900 2,600 3,800

800 to 900 1200 to 1300 1000 to 1100 1600 to 1700

District 18 MELVILLE PARK EASTPOINT GREEN SEASTRAND RIS GRANDEUR OASIS @ ELIAS EASTPOINT GREEN

SIMEI STREET 1 SIMEI STREET 3 PASIR RIS LINK ELIAS ROAD ELIAS ROAD SIMEI STREET 3

3,000 2,600 2,200 3,200 2,900 2,700

1300 to 1400 900 to 1000 500 to 600 1100 to 1200 900 to 1000 900 to 1000

HOMEBUYERS

NON-LANDED PROPERTY Project Name

Street Name

Monthly Rent($)

Floor Area (Sq ft)

District 19 THE MINTON THE CHUAN CHUAN PARK CASA CAMBIO THE VUE FIORENZA

HOUGANG STREET 11 LORONG CHUAN LORONG CHUAN LIM TUA TOW ROAD UPPER PAYA LEBAR ROAD FLORENCE ROAD

4,200 4,500 3,200 2,200 2,050 2,700

1900 to 2000 1200 to 1300 1500 to 1600 400 to 500 400 to 500 800 to 900

District 20 THOMSON V TWO CLOVER BY THE PARK THE GARDENS AT BISHAN TRESALVEO

SIN MING ROAD BISHAN STREET 25 SIN MING WALK MARYMOUNT TERRACE

2,000 4,400 3,750 3,600

300 to 400 1200 to 1300 1500 to 1600 900 to 1000

District 21 SPRINGDALE CONDO THE CASCADIA SIGNATURE PARK HIGHGATE THE STERLING THE NEXUS

HINDHEDE WALK BUKIT TIMAH ROAD TOH TUCK ROAD TOH TUCK ROAD BUKIT TIMAH ROAD BUKIT TIMAH ROAD

2,600 3,900 2,800 2,800 3,400 3,800

1100 to 1200 1200 to 1300 1400 to 1500 1400 to 1500 1200 to 1300 800 to 900

District 22 THE MAYFAIR PARC OASIS THE LAKEFRONT RESIDENCES IVORY HEIGHTS THE LAKEFRONT RESIDENCES

JURONG EAST STREET 32 JURONG EAST AVENUE 1 LAKESIDE DRIVE JURONG EAST STREET 13 LAKESIDE DRIVE

2,450 3,400 2,700 3,200 3,800

600 to 700 1200 to 1300 400 to 500 1400 to 1500 1200 to 1300

District 23 HILLVIEW HEIGHTS FORESQUE RESIDENCES NORTHVALE PALM GARDENS REGENT HEIGHTS THE LANAI

HILLVIEW AVENUE PETIR ROAD CHOA CHU KANG LOOP HONG SAN WALK BUKIT BATOK EAST AVENUE 5 HILLVIEW AVENUE

2,100 2,000 3,000 2,700 3,150 2,600

700 to 800 400 to 500 1200 to 1300 1200 to 1300 1100 to 1200 900 to 1000

District 25 PARC ROSEWOOD PARC ROSEWOOD ROSEWOOD PARC ROSEWOOD

ROSEWOOD DRIVE ROSEWOOD DRIVE ROSEWOOD DRIVE ROSEWOOD DRIVE

1,700 1,700 3,000 1,800

400 to 500 400 to 500 1100 to 1200 500 to 600

District 26 BULLION PARK MEADOWS @ PEIRCE FOREST HILLS CONDO CASTLE GREEN

LENTOR LOOP UPPER THOMSON ROAD TRANSIT ROAD YIO CHU KANG ROAD

2,400 2,480 3,000 3,500

700 to 800 600 to 700 1100 to 1200 1300 to 1400

District 27 EIGHT COURTYARDS THE ESTUARY THE ESTUARY SUN PLAZA

CANBERRA DRIVE YISHUN AVENUE 1 YISHUN AVENUE 1 SEMBAWANG DRIVE

2,300 3,000 2,000 2,800

800 to 900 1300 to 1400 600 to 700 1300 to 1400

District 28 SUNRISE GARDENS SELETAR SPRINGS CONDO THE GREENWICH THE GREENWICH

SUNRISE AVENUE GERALD DRIVE SELETAR ROAD SELETAR ROAD

3,800 3,300 2,000 3,000

1600 to 1700 1300 to 1400 600 to 700 1000 to 1100

HOMEBUYERS

Muse West End

your opportunity to invest in a new world city.

Brisbane based developer Stockwell has recently released their sixth residential development in Brisbane; Muse West End. A mid-rise apartment complex is located in the idyllic leafy suburb of West End, an area that is framed by the Brisbane River, less than 3km from the Brisbane Central Business District (CBD). Elevated above a range of small coffee bars, food outlets and stores with an urban landscaped private garden, Muse will comprise 132 spacious one and two bedroom apartments over two buildings. The development is surrounded by a vast array of amenities such as fitness centres, cafes, restaurants and transport options including buses and ferries that go direct to the CBD, universities, museums and the popular South Bank precinct â&#x20AC;&#x201C; all in less than 10 minutes. Muse will be a highly sought after address for professionals and students looking for a convenient and modern lifestyle.

Located on the eastern seaboard of Australia in the State of Queensland, Brisbane enjoys close proximity to Asia via regular flights direct from Brisbane International Airport to Hong Kong and Singapore. People are drawn to Brisbane for its sub-tropical climate, fresh air and ease of work-life balance. Brisbane has a positive economic status, quality education facilities, such as Brisbane State High School and The University of Queensland (UQ) - one of the top 100 universities worldwide*, and world class events, art exhibitions at and international conferences such as the G20.

During weekends and public holidays many residents also take the opportunity to venture out of the city to relax and enjoy a vast array of the natural wonders such as the Gold Coast or Sunshine Coast, mountainous nature walks, exquisite gardens, vineyards and ocean adventures, of which all are under two hour’s drive from the city. Brisbane is one of the fastest-growing capital cities in Australia in terms of population and employment. Residents are young and skilled, highly educated and culturally-diverse. Nearly 70 per cent of Brisbane’s population is of working age (15 to 64 years) - higher than the Australian average and equal to over 1.4 million people. The Greater Brisbane population has grown rapidly over the past decade, averaging 2.2 per cent annually, which has seen an additional 440,000 residents move to the city from both interstate and overseas, bringing the population to over 2.1 million people. A quarter of Brisbane residents were born overseas and more than 17 per cent of households speak a language other than English at home. The region is set to continue to be one of Australia’s fastest-growing, with the Queensland Government forecasting Brisbane’s population to grow to nearly 3 million by 2031. There are exciting plans to continue the development of this vibrant city into a new world city for the future. A new entertainment and recreational hub in West End, titled the Kurilpa Riverfront Renewal project, is a primary

focus of the Brisbane City Council and Queensland. Located less than 1km from Muse, the precinct will include approximately one kilometre of river frontage and more than 25 hectares of land to facilitate the renewal of the land that adjoins West End and South Brisbane. It will be designed to optimise the commercial potential of the area and provide development certainty while delivering significant community infrastructure and amenities, the proposed plan includes a mix of high-quality commercial, retail and residential development along with significant new public spaces and enhanced streets. Stockwell has over 60 years experience in the industry. In 2002 the Brisbane owned and operated company developed the first residential apartment complex in West End. Since then, Stockwell have added to that portfolio with three residential developments in West End and one in Dutton Park – all of which are managed by Stockwell Property Management. Muse offers an opportunity to invest with a reliable developer that has a history of producing quality residential developments in Brisbane. Marketed by AUSWELL GROUP SINGAPORE. For enquires please contact +65 62350854 / info.sg@auswellgroup.com.au

All images are indicative only. See agent for the full disclosure. *As measured through a number of major independent university rankings including the Academic Ranking of World Universities, Times Higher Education World University Rankings and QS World University Rankings. Sources: Brisbane Marketing www.brisbanemarketing.com.au and http://www.brisbane.qld.gov.au/

Auswell Group (Singapore ) Pte Ltd Hotline: +65 6235 0854

www.auswellgroup.com.au 541 Orchard Road, #11-04 Liat Tower, Singapore 238881 Estate Agency Lic No. L3010629F

WIN DSO R Bold, bright and inspired by its culturally eclectic locale, Luma will be an exhilarating living experience.

Luma planning permit No. 548/2013

EVERYTHING YOU NEED When everything you need is close by, life is vivid and effortless at Luma. From Luma it's a short walk to Chapel Street or Prahran Railway Station, with the CBD just 4kms away on trams that run past your front door. Luma’s position provides convenient access to the prestigious Wesley College, Universities and the highly respected Alfred Hospital. It is also located within walking distance to Albert Park Lake, the home of the F1 Australian Grand Prix. Windsor has become the destination of choice for dining and fashion. It's a neighbourhood full of life and colour.

PLAY OF LIGHT Luma will consist of 91 one, two and three bedroom apartments and will provide an elegant expression of its residents and the culturally eclectic locale of Windsor. Award winning architects Jackson, Clements Burrows have conceived this iconic building that brings together architecture, lighting design and outdoor spaces to redefine 21 st century living.

The distinctive exterior designed by renowned Australian Artist Matthew Johnson will provide an artistic edge to this boutique development – a façade that glistens in the sun during the day and glows through the night.

LIVING SPACES Their thoughtfully considered design is reflected in everything from clever use of space to everyday luxury featuring premium fittings including stone benchtops, integrated appliances and a contemporary black and white colour scheme. Apartment living will also extends to an exclusive resident rooftop garden featuring decking, lounges, a fire pit and a table tennis and barbeque area, and an indoor lounge and dining area. LUMA is bought to you by Cutting Edge Developments. Established in 1995, Cutting Edge Developments have a track record of delivering to the highest standards, providing Melbourne’s growing population with quality apartment style living. Prices start from just $404,100 for a 1 bedroom, 1 bathroom apartment with a car space. Marketed by AUSWELL GROUP SINGAPORE. For enquires please contact +65 62350854 / info.sg@auswellgroup.com.au

Auswell Group (Singapore) Pte Ltd

Hotline: +65 6235 0854 | www.auswellgroup.com.au 541 Orchard Road, #11-04 Liat Tower, Singapore 238881 Estate Agency Lic No. L3010629F

Your Gateway to Australian Properties

Beijing Shanghai

Auswell Group International is a Melbourne based real estate organization with extensive network and multiple working partners throughout the region with offices in Beijing, Guangzhou, Shanghai and Singapore. Together with their strategic partners alliance they are well represented in the Asia Pacific Region.

Auswell houses a one-stop service platform that delivers ✔ Leasing ✔ Exit Strategy for future re-sale Guangzhou ✔ Marketing ✔ And a panel of working partners for ✔ Property Management • Financial & Mortgage services ✔ Property Developement • Conveying & legal services

Auswell Singapore, located at the heart of Orchard Road, is an important step towards marketing Australia’s latest properties. With real time local knowledge to benefit customers , investors are able to make better informed decisions. The newly set up office also opens its services to Singapore real estate agencies and agents to leverage on Auswell (Australia) wide variety of listings across three major cities of Australia’s Eastern seaboard. Auswell Singapore is engaging Asia buying interest in a big way as the demand is growing profoundly . Mr Philip Tan, Chief Business Development Officer of Auswell Group International says: “The business Singapore of looking after your overseas investment is a serious affair. Auswell work flow includes managing clients’ reservations, backend follow up, contract paperwork support and administration. We have the local knowledge on the working procedures of managing your sales and rental. This is well received with investors and first time overseas home buyers. It truly simplify their investment process and concerns.” Mr Tan who holds a full Estate Agent Licence and resides in Australia feels that “A broader plus point is knowing and understanding that Auswell works very closely with many reputable Australian developers that deliver on their promises as well as quality. Our fast growth today is built on inclusive partnership, professionalism and balancing the interest of developers and our valued customers. Agencies across Singapore, Malaysia, China, Cambodia and Indonesia choose to work with Auswell Group as they know that we qualify and exercise due diligence on the projects we take on to market.“ Last year the company bagged two awards for the “Biggest Growth Year to Year“ and “Project Champion” by Colliers International. Auswell Group Singapore will have available premium “off the plan” property choices - apartment, townhouse, House & Land, commercial offices and etc. For more information, visit www.auswellgroup.com.au or call +65 6235 0854.

Melbourne (HQ)

Auswell Group (Singapore) Pte Ltd

Hotline: +65 6235 0854 | www.auswellgroup.com.au 541 Orchard Road, #11-04 Liat Tower, Singapore 238881 Estate Agency Lic No. L3010629F

PROPERTY SHOWCASE

BRIDGING POSSIBILITIES IN PHNOM PENH The Bridge To Living Out Your Dream Lifestyle

The Bridge is a pioneer mixed development that epitomises a seamless lifestyle at the heart of Phnom Penh, Cambodia. The first SOHO concept in the cosmopolitan city, the elegantly designed integrated condominium provides premium luxurious facilities to residents optimizing living, working and playing within one flawless development. Located near Phnom Penhâ&#x20AC;&#x2122;s biggest shopping mall (AEON from Japan), The Bridge provides a plethora of popular dining choices at the tourist hotspot situated near the Central Business District (CBD) of Phnom Penh.

HOMEBUYERS

INTERNATIONAL

Within the magnificent structure, the pristine facade of The Bridge will comprise of two outstanding and impressive towers interlinked by duo skybridges for an unparalleled view. The Bridge is 45 storeys high, comprising of commercial and residential spaces that provide attractive lifestyle options to residents.

For enquiries on The Bridge, please contact Ms Mary Tan (R007295A) of Huttons Asia Pte Ltd (L3008899K) Mobile No: +65-9008 8001 Email: maryhuttons@gmail.com Five levels of retail space will include shophouses with a varied selection of shopping, entertaining and dining options. Stellar apartments, consisting of 1, 2+study and 3 bedrooms units, as well as penthouses and SOHO (Small Office Home Office) units will be available to allow for a quality and ideal lifestyle of live, work and play. Lifestyle facilities will include a Swimming Pool, Gymnasium, Children’s Playground, Function Hall and a Landscape Skydeck on the 13th Storey, whilst roundtheclock security and a secure carpark will also be ensured for the maximum comfort of residents of The Bridge. ■

Developer: Oxley International Holdings Pte Ltd (Singapore) & Cambodia’s Worldbridge Land Co. Ltd. Location: Village No. 14, National Assembly Street, Tonle Bassac Commune, Chamkarmorn District, Phnom Penh City, Kingdom of Cambodia No. of storeys: 45 Property Type: Commerical/Residential/SOHO Tenure: Freehold Planned and Expected date of TOP: 2018

HOMEBUYERS

PROPERTY ANALYSIS

PENANG

REAL ESTATE MARKET PENANG PROPERTY MARKET OUTLOOK 2015…. CAUTIOUS OPTIMISM Introduction Penang consists of Penang Island and the mainland (Seberang Perai) with a combined total area of 258,750 acres. Penang is strategically located in the centre of the Growth Triangle of Indonesia-Malaysia-Thailand (IMT-GT). IMT-GT currently consists of 14 provinces in Southern Thailand, 8 states of Peninsular Malaysia and 10 provinces in the island of Sumatra in Indonesia. The IMT-GT sub-region is a classic growth triangle, characterized by many economic complementarities, geographical proximity and close historical, cultural and linguistic ties, thus making Penang the key logistic hub for good communication and infrastructure. This has further boosted the tourism and real estate industry in Penang.

RESEARCH REPORT Q1 2015 By Henry Butcher Malaysia Sdn Bhd

retire in, the island to explore before you die, and many more. On 3 Jan 2014, theguardian.com, a BRITISH news portal, has listed George Town as no. 8, on its list of Top 40 global destinations along with Cape Town in South Africa, Uzes in France, Austin in Texas, Kolkata in India and Alberta in Canada. The latest honor in September 2014 came from Forbes which has listed Penang’s George Town as the Top No. 3 city to retire in the world.

Chart 1

Penang is the 2nd smallest state in Malaysia and the 2nd most urbanised state with a population of about 1.7 Million. George Town was the first town in the country to achieve city status when Queen Elizabeth II conferred the status in 1957. On 2nd February 2015, the Penang State Government announced that Penang Municipal Council (MPPP) has been upgraded to Penang Island City Council (MBPP).

Source : Dept. of Statistics Malaysia / Penang Institute

Other awards for Penang in 2014 include Penang as the top food destination by Lonely Planet, the largest world travel guide book publisher. Online American Media Huffington Post also included Penang’s char koay teow as a must-try local delicacy in its article. The Time magazine quoted George Town as one of the world’s top 10 most “selfiest” city while George Town ranked No. 3 in the Top 10 Best Places to Retire Overseas by U.S. News. A locally manufactured “MyKuali Penang White Curry Noodle” stole the limelight as the champion of “2014 Top Ten Instant Noodles of All Time”.

Source : Dept. of Statistics Malaysia/Invest Penang

Penang is an industrial-based state, a heritage city and a campus for technology with a Gross Domestic Product (GDP) growth of 5.7% in 2014. The main contributing sectors are manufacturing and services which include not only tourism, medical treatment, education but also InformationTechnology Outsourcing (IT) and Business ProcessOutsourcing (BPO) such as financing, accounting and data processing. The manufacturing sector contributed about 48% of the Gross Regional Product (GRP) shares while about 47% was from the services sector. Unemployment rate is about 1.7%. The State of Penang, with her dynamic and vibrant economy, friendly people, good infrastructure, delicious food, couple with mix of beach/seafront, city heritage, and hillside residential living, that offer quality of life, has made it one of the excellent choices for both locals and foreigners to live, stay, raise their family and retire in. George Town, the state capital of Penang has been bestowed with numerous accolades such as being the 8th most liveable cities in Asia, a great place to

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It was forecasted by the Tourism and Culture Ministry that Penang will receive 5 to 6 Million tourists during the Malaysia Year of Festival (MyFest) 2015. About 4.7 million tourists visited Penang in 2013 and 5.5 Million visitors were expected by end of 2014. Singapore, Indonesia, China, India and Middle East contribute the highest number of visitors while Australia, the United Kingdom, Holland and the United States are the top non-Asian visiting countries.

Penang’s Recent Development At A Glance Penang accounted for about 50% of the country’s medical tourism and the significance of this industry prompted the setting up of the Malaysia Healthcare Travel Council (MHTC) Concierge and Lounge at the Penang International Airport in July 2014 to provide information on health tourism in Penang. Malaysia’s first subterranean Penang International Convention and Exhibition Centre (SPICE) in Relau which is expected to be completed in 2015 and the RM346 Million Penang Waterfront Convention Centre (PWCC) by IJM Land at the Tun Dr Lim Chong Eu expressway in 2017 will make Penang to be the new destination for Meetings, Incentives, Conventions & Exhibition (MICE) tourism hub. Its partner, Suntec International will be managing the convention centre. Upon completion, both convention centres are expected to attract business investors and tourists to Penang.

INTERNATIONAL Another new hub of connectivity for integrated transportation is the upcoming Penang Sentral by Penang Sentral Sdn. Bhd. which is owned by Malaysian Resources Corporation Berhad (MRCB) and Pelaburan Hartanah Berhad (PHB). It is a mixed development comprising retail, commercial and residential covering an area of approximately 557,000 square meters. Penang Sentral is located at Butterworth ferry terminal and is expected to cater 200,000 passengers daily.

The RM4.5 Billion 2nd Penang Bridge has made its mark in the Penang’s landscape with its opening on 2 March 2014. It is 24km in length and the longest bridge in Southeast Asia. It is an alternative route linking Penang Island to the mainland and will boost the socio-economic development and growth in the Northern Corridor Economic Region (NCER). The signing ceremony between Penang Development Corporation (PDC), Aspen Group and Ikano, famed for its IKEA store - the world’s leading retailer and furnishing company, in September 2014 saw the sale of 245 acres of land for development comprising the IKEA store, the first in the northern region, a state of the Art Regional Centre and an integrated mixed development in PDC’s Bandar Cassia township. The purchase price was recorded at RM45 per square foot. Aspen Group recently saw a successful launch of the Aspen Vision City, Verve at Batu Kawan comprising 451 units of 3-storey and 4-storey shophouses priced from RM1.2 Million. Other upcoming developments in Batu Kawan are as follows : Premium Shopping Outlets Project by PE Land targeted to open in 2016  PKT Logistics’ One Auto Hub with ALC College/University of Hull franchised programme; expected to begin by 2017  KDU’s parent company Paramount Corporation to construct a new university college and expected to open by 2017  Penang International Technology Park  Hospital & Wellness Centre  International Theme Park & Golf Resorts  Development of Workers Villages

Another new hub of connectivity for integrated transportation is the upcoming Penang Sentral by Penang Sentral Sdn. Bhd. which is owned by Malaysian Resources Corporation Berhad (MRCB) and Pelaburan Hartanah Berhad (PHB). It is a mixed development comprising retail, commercial and residential covering an area of approximately 557,000 square meters. Penang Sentral is located at Butterworth ferry terminal and is expected to cater 200,000 passengers daily.

The New Housing Policy Penang State Government has implemented a new housing rule with effect from 1 February 2014 to ensure that genuine qualified first time buyers will have roofs over their head with the following policies which took effect on 1 March 2014:

Low-Cost / Low-Medium-Cost All low-cost (up to RM42,000) and low-medium-cost (up to RM72,500) homes cannot be sold within 10 years from the date of Sale & Purchase Agreement. This covers past and future purchases. Those who wish to sell can appeal to the State Government and can only be sold to “registered and qualified purchasers”.

Affordable Housing 80,000 units of affordable housing will be built with allocation of RM1.3 Billion under the 1Malaysia People’s Housing Programme, This will enable more people to own houses with the monthly ceiling household income raised from RM8,000 to RM10,000.

In September 2014, the Penang State Government announced that a fully integrated system on public transportation in Penang will be implemented from now until 2030 under the Penang Transport Master Plan Strategy. It will include components such as improved highway network, light rail transit (LRT), bus rapid transit (BRT), trams and new ferry services. In line with this vision, the completion of the new system will further boost the tourism industry in Penang. It was recently announced that an Electric Train Service (ETS) linking Kuala Lumpur to Butterworth will be operational in July 2015. A total of 10 new coach sets will be running in stages by January 2016.

Affordable housing is defined as below RM400,000 on the Island and RM250,000 on the mainland. Homes under this category cannot be sold within 5 years from the date of Sales & Purchase Agreement. Similarly to the above, those who wish to sell can appeal to the State Government and can only be sold to “registered and qualified purchasers”. The Penang State Government has also proposed Malaysia’s first ever Shared Ownership Scheme (SOS), a joint purchase initiative between the State Government and households who cannot obtain sufficient finance to buy low-cost homes. The State Government will offer 30% interest-free loan and the households need only raise a capital for the remaining 70%. The 30% loan can be repaid at any time or remain in shared ownership, paying off the loan only when the property is sold.

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PROPERTY ANALYSIS Purchases By Non-Citizens Non-citizen can only purchase properties in excess of RM1,000,000 for strata-titled properties and RM2,000,000 for landed properties. It has added three per cent 3% levy for any purchase of property bought by non-citizens with effect from 1 March 2014.

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Property Purchased Within 3 Years A further two percent (2%) levy is also imposed on the sales of all property, not just sales by non-citizens, sold within three years from the date of the Sales & Purchase Agreement signed from 1 March 2014. This levy is however, not applicable to affordable housing.

Budget 2015 In a bid to curb speculation, the Government in its Budget 2015 announced on the 25 October 2014, that the Real Property Gain Tax or RPGT has been revised as follows: Source HB Research/Napic

Citizens:  30% for properties held for 3 years or less;  20% on the 4th year  15% on the 5th year and above Company:  30% for properties held for 3 years or less;  20% on the 4th year  15% on the 5th year  5% on the 6th year and above Non-Citizens:  30% for properties held from 1 to 5 years  5% from the 5th year and above

A total of 12,929 properties were transacted in H1 2014. The residential sub-sector saw a marginal increase in sales of 9,023 units in H1 2014 compared to 8,483 units in H1 2013. This sub-sector accounted for 70% of the total property transaction in H1 2014, a slight drop compared to 74% in H1 2013 mainly due to the shift of investment interests.

Chart 3

Other incentives includes the extension of 50% stamp duty exemption on instrument of transfer and loan agreements until 31 December 2016 for properties up to RM500,000. Budget 2015 will also see the implementation of 6% Goods & Services Tax (GST) on 1 April 2015. It will replace the current Sales Tax (6%) and Services Tax (10%). How it will impact the property sector remains to be seen. Most of the experts and consultants are of the view that it will affect the overall house prices.

Source HB Research/Napic

The overall total volume of transactions has seen a steady reduction since 2011. While the value of transactions had also dropped slightly, the house price index continued to show an increase.

Chart 4 Total Volume and Value of Transactions (2003 – 2014P

Performance of the Residential Sub-Sector Market The residential sector continues to dominate the property market. Strata-titled properties such as apartments and condominiums remained the most active. There was an increase in the total property transaction value of RM7.2 Billion in H1 2014 compared to H1 2013 at RM5.6 Billion. The residential sub-sector recorded a marginal increase at RM3.76 Billion compared to RM3.25 Billion in H1 2013.

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Volume

Source HB Research/Napic

Value

INTERNATIONAL A total of 12,929 properties were transacted in H1 2014. The residential sub-sector saw a marginal increase in sales of 9,023 units in H1 2014 compared to 8,483 units in H1 2013.

Chart 5 House Price Index by Type (2003 to Q3 2014)

This sub-sector accounted for 70% of the total property transaction in H1 2014, a slight drop compared to 74% in H1 2013 mainly due to the shift of investment interests.

Source : HB Research/Napic

Chart 5 showed that the best performance in terms of CAGR over a period of 15 years is the conventional terrace houses followed by strata-titled flats/apartments/condos. Campbell House

Chart 6

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In tandem with the dynamic and vibrant tourism activities in George Town, it is observed that a substantial number of pre- war heritage buildings have been refurbished and converted into boutique hotels and F&B outlets, to cater to the increased influx of tourists to the State. Seven Terraces, Muntri Mews, Noordin Mews, Cheong Fatt Tze Mansion, Campbell House, Yeng Keng Hotel, 1881 Chong Tian Hotel, Penaga Hotel, Macalister Mansion, Logan House, Whiteaways, etc., are among the notable heritage buildings that have been refurbished and transformed.

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Average Price for all types of Property in Malaysia

Source : The Malaysian House Price Index, Q1 – Q2 2014/Napic

Some notable new residential developments on Penang Island in 2014 includes the following : Mira Residence by BSG Properties  Tropicana Bay Residences @ Penang World City by Tropicana Ivory  Andaman Edition 18 East by E & O Berhad Shorefront Residences by YTL Land  The Penthouse by Tamarins Group

The Rice Miller City Residences

The price of Penang’s pre-war heritage property has been on an upward trend since the repeal of the Rent Control Act in 2000. The average price per square foot of this segment of property has registered encouraging double digit CAGR growth from 1999-2013.

 The Marin @ Ferringhi by Plenitude Bayu Sdn. Bhd. Shorefront Residences, a RM330 Million maiden project launch by YTL Land & Development saw an overwhelming response. The units were priced between RM1,200 to RM 1,500 per sq. ft.

Chart 7 Trend in volume of transactions for pre-war property on Penang Island (1975 to 2013)

Pre-war Heritage Properties The core and buffer zones of George Town Unesco heritage site accommodate more than 4600 units of heritage buildings. Among the unique heritage buildings, such as Cheong Fatt Tze Mansion (The Blue Mansion, built in 1890s), which was awarded Unesco ‘Most Excellent’ Heritage Conservation Award in 2000; Eastern &Oriental Hotel, declared as a Penang State Heritage Landmark by the Chief Minister of Penang in 2010; the Kapitan Keling Mosque, a mosque built in the 19th century by Indian Muslim traders in George Town; and many more.

Source : HB Research

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PROPERTY ANALYSIS Chart 8 Price Index of Pre-war Properties (1980 – H1 2014)

A Likely Scenario For 2015 The volume of transactions in 2015 is expected to marginally decline with sales take-up rates affected by tighter loan eligibility. Property prices are not expected to soften. Inflationary effect on land and development costs coupled with GST introduction as well as the reduction in new launches and supply are anticipated to take its toils on the property market. A large part and well-known part of the affordability problem on Penang Island is the lack of suitable and available land for development. The cost of land will continue to rise as demand continues to outstrip supply. Notwithstanding a lower index of affordability, this problem is further compounded by falling rates of housing stock growth which places even greater pressure on the existing and incoming desirable housing stock. As part of the property market cooling measures, speculative demand is evaporating but no major correction in property prices is expected on the back of GDP growth momentum. Buyers generally remain confident in the long-term economic and investment fundamentals of the market. Discerning buyers are cautiously optimistic.

Source : HB Research/Napic

The current average transacted prices are between RM800 to RM1,600 per sq. foot. Today, prices of prewar properties are 5x prices recorded 10 years ago. CAGR is 14.9% (2003 – H1 2014) Penang’s pre-war heritage property market has faced many challenges as well as excitement, but one thing is pretty certain: The market is resilient and will always come upon top. It has the charm of outstanding universal value that showcases George Town’s unique historical and architectural buildings. Limited supply with good listings are selective and rare which makes it a good prospect for capital

Penang is underpinned by healthy fundamentals such as a young population demographic (2/3 of Penang’s population is less than 40), shrinking average household sizes (about 3.5 per household), low unemployment rate, vibrant local and foreign investments, stable income levels and bright job opportunities. The overall property market is healthy with credit growth underpinned by strong domestic liquidity and continuing credit flows. Property markets rise and dip, but the long-term trend is upwards because of growing populations, urbanization, new infrastructure development and people’s desire to improve their living standards. For feedback on this article, please contact hbpenang@hbmpg.com Website: www.henrybutcherpenang.com

CHINA INSIGHT by Vigers Holdings Ltd Chinese home prices may edge up in 2015 China reported property sales of RMB 6,448.1 billion in Jan-Nov 2014, down 7.8% year-on-year and trimming 0.1 percentage point against Jan-Oct 2014. Of which, sales in homes and office properties dropped 9.7% and 20.9% respectively, whilst that in commercial properties moved up 7.2%. In fact, residential market appeared to have got strong boost, after recent policy announcements in the real estate sector. Benefited from the new policies on home mortgages and interest rate slash by central bank, home prices in some cities started to see monthly rebounds, whereas that from tier-1 cities (Shanghai, Shenzhen and Guangzhou) stabilised in October. Beijing’s home price even got a slight rebound of 0.3%.

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Continued slowdown in growth of Chinese economy is expected to be seen next year. However, inflation and unemployment are likely to remain stable. For the Chinese economy, exports will act as an upside catalyst, whilst downside risk will be from the real estate industry. Tracking sluggish real estate sales this year, total real estate investment may stay weak till early next year. Nonetheless, given the high inventory levels in most cities, lengthening time for developers to have their land bank digestion, substantial market demand during the previous periods, and completion in home price correction is still waited to be seen. Whether the recent warmer market will be sustainable next year will very much depend on the additional effects from recent policy changes, alongside the higher market demand resulted from developers’various home sales discounts. We see mainland housing price have mild growth in 2015.

EVENT

20 –21 May 2015

Piscine SPLASH! Asia

returns to Singapore and announces new show features Leading pool and spa retailers and suppliers from around the world will gather at the Marina Bay Sands in Singapore on the 20 – 21st May 2015 to showcase the latest innovation in the industry, and present their products and services to a targeted audience of more than 1,500 trade show visitors. More than 60 companies from 13 countries will be exhibiting, including market leaders Pentair, Fluidra Singapore, Procopi, Australian Innovative Systems, Haywards Industries, Maytronics, Teamhorner and Waterco Limited. The full exhibitor list has been published online, and is available at piscinesplashasia.com/visitor/exhibitor-list. To assist visitors with planning their day at the show, buyers can now plan their route between exhibitors, using a new feature on the website, allowing for a seamless visitor experience. The organisers have announced a new feature designed to make the most of face to face time, and increase business opportunities for both visitors and exhibitors. The new “Speed Business Meetings” will facilitate networking at the event, and provides exhibitors with a targeted audience of buyers, shortening the decision making process with the aim of increasing sales. GL events will introduce the winners of “The Pool Vision award for 2014”, organized in partnership with Archi-Europ Group. Swimming pool projects are selected from many countries around the world and are judged from technical and aesthetic standpoints, water treatment, coverings, accessories, spas etc… There will be a winner in the Asia selection, for each of these categories: Private pool, Public or Hotel pool and Spa. Two projects in each category will be presented and the winners will be announced during the exhibition. Piscine SPLASH! Asia is expected to attract buyers from more than 30 countries, including Singapore, Malaysia, Indonesia, India, Vietnam, Thailand, Sri Lanka, Philippines, Hong Kong, Australia, Cambodia, Myanmar and Bangladesh. Visitors can now register online at piscinesplashasia.com or email info@piscinesplashasia.com for more information.

About Piscine SPLASH! Asia

Introduce the organisers:

Piscine SPLASH! Asia is the result of the

Piscine SPLASH! Asia is organized, in part, by GL events Exhibitions. Piscine Global positions itself as the world’s leading pool and spa show. For 32 years, it has gathered international major pool and spa equipment manufacturers and service providers. With 559 exhibitors and 16771 visitors in 2014, it is the world’s largest gathering for professionals. It takes place every 2 years in Lyon (France) – it will be held from 15th to 18st of November 2016.

association of two reputed pool and spa show organizers sharing the same strategy: offering the international pool and spa industry the opportunity to develop export markets and building strong connections with international big players and buyers. Piscine Global (international leader show with 1000 brands gathered every two years) and SPLASH! (award winning trade show in Australia and New Zealand for pool and spa professionals) have merged their respective expertise in order to provide the Asian market with the most important show for the professional pool and spa market. Respectively started in 1991 and 1998, Piscine and SPLASH! share a true international knowledge of the pool and spa industry and the same criteria for quality events.

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The exhibitors of Piscine Global, being of international groups, have requested in recent years an international gathering. Therefore Piscine has created 2 new shows since 2012: • Piscine SPLASH! Asia - 20-21 May, 2015 – Singapore • Piscine Middle East covering the GCC and North Africa. April 2016 GL Events Exhibitions | International +33 (0)4 78 176 291 | elodie.baudoin@gl-events.com Interpoint Events: For the past ten years Interpoint Events has been organising events in four countries – Australia, New Zealand, Singapore and the USA. SPLASH! Pool & Spa Trade Show is held every two years on the Gold Coast, Australia – gathering more than 100 exhibitors and 2500 attendees the event is the largest of its kind in Australasia. In 2010 SPLASH! won the “Best Trade Show in Australia and New Zealand’. The trade show is supported by SPLASH! magazine and website. SPLASH! also has a pavilion in BuildNZ, 21-23 June 2015, Auckland, New Zealand. Interpoint Events Singapore 800 616 3169 | Australia 1300 789 845 | info@piscinesplashasia.com

Mar - Apr 2015

PRICE: S$5.80 (w/GST)