Congratulations Winners!

We would like to take this chance to thanks all those whom have completed our  ”Asia Property Sentiments Survey 2012″! While we are working our heads  off  to put the survey findings into perspective, let’s announce the winners for our give-aways!

If you find your name below, please check your email inbox for more details to collect your prizes. Once again, Congratulations to you!


Grand Prize: 3D2N for 2 at Taman Ahimsa
 Teong Siew Meng

Second Prize: 3D2N for 2 at Fivelements, Puri Ahimsa
Tan Wei Ting

Third Prize: 3D2N for 2 at Villa Cantik
Paul Chan Peng Kwan

 50 Consolation Prize: Crabtree & Evelyn $20 Gift Voucher

Sharonlyn Tan YS Alan Bay
Wong Siew Li Puneet Maheshwari
Noel Ong Ng Khai Kong
Diana Lim Seok Bin Tan Kai Siang
Tan Mong Siang Stephanie Hardie
Ong Hui Ting Yvonne Lee
Lee Gee Lian Yeong Yuen Joo
Lim Sher Lin Tan Siau Hwee
Chan Hau Mei Lim Xiao Qian
Danny Yong Lim Denglo
Jessie Tan Leng Hong Wendy Chong Wan Lu
Puah Hwee Leng Sheernali G Sheshachala 
Tan Wei Ting Veronica Eng
Lee Guang Chun Mahendran Renitha
Nor Nazrina Nawi Zalihar Bte Ishak
Amsavalli D/O Kathir Wong Tng Sheng
Ee Poh Ching Noor Isniahwati Ithn
Lo Chai Lan Audrey Phua
Pauline Yeo Sharon Ang Chet Ying
Lydiana Nur Sarah Clive Poh
Esha Batish Esther Tang
Lina Teoh Quek Jiaxi
Ng Ai Ling Ang Wen Pei
Bee See Roei Resa
Shane Goh Poon Lai lin

 

Top 10 Condominiums to Rent

Looking to rent a condominium in Singapore? We have a quick list just for you which we have narrowed how to provide you with the top 10 condominiums to rent in the local market.

 

Caribbean at Keppel Bay


The condominium is located near Harbourfront MRT Station, the shopping malls of Harbourfront Centre and Vivocity and the resort island of Sentosa. Caribbean at Keppel Bay, as its name suggests, epitomizes a resort lifestyle and is a breath of fresh air from cosmopolitan Singapore.

What we like: Singapore an urban jungle, and the Caribbean at Keppel Bay is a refreshing breath of fresh air, a departure from the hustle and bustle of busy Singapore city. According to Keppel Land, the developer of Caribbean at Keppel Bay, “Keppel Bay is the first and only truly waterfront district, presenting breathtaking sea views, a grand marina and spectacular waterways right up to the unit.” This earns Caribbean at Keppel Bay a spot on our list.

More information on Caribbean at Keppel Bay.

 

Cavenagh Lodge

Fancy a residence right across the Istana? Located right across the official residence of the President of the Republic of Singapore, Cavenagh Lodge is within walking distance to Plaza Singapura and The Cathay. Its facilities include swimming pool, BBQ pits, putting green, gym, Jacuzzi, sauna and a playground.

What we like: Want a lifestyle of Presidential proportions?  Well look no further. The condominium overlooks the Istana grounds, a favourite amongst Singaporeans especially during public holidays when the grounds are open to the public.

More information on Cavenagh Lodge

 

Grange 70

Located on Grange Road, the condominium is within walking distance to the shopping districts of Scotts and Orchard Road and also Orchard MRT station, which provides hassle free connection to the rest of Singapore. Alternatively, those who drive can use the Central Expressway (CTE) to access the rest of the city.

 

What we like: Want to have your cake and eat it? Grange 70 is a quality condominium on the fringes of the city. Easily accessible to Orchard, yet insulated for the high octane buzz from Singapore’s shopping district.

More information on Grange 70.

 

Grange 80 

Grange 80 is situated on Grange Road and is close to Singapore’s major shopping centres such as Orchard Central, Tangs Plaza, Ngee Ann City and Wisma Atria. The condominium’s selling point is that with only 1 apartment per floor, all 10 units offer exclusive privacy with you very own private lift lobby.

 

What we like: Exclusivity is the word. Aspire to have your very own lift lobby, like what you see in the movies? Well here you go. Your very own bachelor or bachelorette pad.

More information on Grange 80

 

Nassim Regency

At 37 Nassim Road, Nassim Regency an especially attractive proposition for nature lovers. It is surrounded by lush greenery and au natural foliage. In addition, it is just a stone’s throw away from the Singapore Botanical Gardens. Yet the condominium is also easily accessible to the embassies along Napier Road, the shopping paradise of Orchard and the offices within the Central Business District.

 

What we like: Located at ‘lungs’ of Singapore city, the air there is one of the freshest around town. With lots of greenery all around, it is not what you would usually associate with this thriving South East Asian hub. This is a great place to chill have a take a step back with Dempsey Hill just round the corner.

More information on Nassim Regency.

 

One Shenton

Located in the heart of the Central Business District area and within walking distance to Lau Pa Sat Festival Market, One Shenton represents cosmopolitan living at its finest. The condominium is also near The Singapore Flyer and The Esplanade.
What we like: One Shenton is for those who fall under the workaholics anonymous category. Imagine not needing to drag yourself back home to some far fetched location after a long day at the office.

More information on One Shenton.

 

Orchard Scotts

Orchard Scotts is all about location. It is situated in the heart of town just next to Novena MRT station and is a stroll away from Newton Food Centre and Orchard Road. However, what seals the deal is its award winning development. Orchard Scotts was the 2009 Winner of FIABCI Prix d’Excellence Award, annual accolade of awards bestowed on the world’s most distinctive projects.

 

What we like: Location is a big plus point. But Orchard Scotts key selling point is its architecture. Its FIABCI Prix d’Excellence Award says it all. Some of the past winners include The St. Regis Singapore in Singapore.

More information on Orchard Scotts.

 

River Place

For those who prefer more peaceful lifestyle, River Place offers just the option. Located on the fringes of the Central Business District, it within walking distance to the dining and entertainment options of Robertson Quay and Clarke Quay. If that is not enough, the condominium even has outdoor jacuzzis.

What we like: If you like riverside living and all things al fresco, River Place is your condominium of choice. The thought of a leisurely Sunday brunch at nearby Robertson Quay and Clarke Quay twith a book is simply divine.

Click here for more information on River Place.

 

The Sail @ Marina Bay

 

Looking for an iconic property in the heart of town, The Sail @ Marina Bay is just that. Besides the office buildings within the city’s central business district, the condominium is located close to Lau Pa Sat Festival Market and the Marina Bay Link Mall.

What we like: The Sail @ Marina Bay is an iconic architecture, which has now become synonymous with Singapore’s cityscape. Like Orchard Scotts, it is also a proud recipient of the 2010 FIABCI Prix d’Excellence Award in the Residential (High Rise) Category.

Click here for more information on The Sail @ Marina Bay.

 

Leonie Condotel

With the very best of Singapore’s shopping malls, ION, Paragon and Wisma located at its doorstep, there is really not much one can ask from the condominium. All apartments come with full height windows for tenants to take in the breathtaking views of Singapore’s cityscape. 

What we like: Leonie Condotel is a condominium with a strong design point of view. This prestigious 25-storey Graeco-Roman styled condominium represents luxury living at its finest.

Click here to enquire about Leonie Condotel 

 

 

 

Executive Condominiums- Singapore’s Best- Kept Secret!


Executive Condominiums (ECs) were introduced in the 1990s to cater to Singaporeans’ aspirations of owning a private property.  The scheme targets the young graduates and professionals, who can afford more than an HDB flat but find private property to be out of their reach. Specifically, ECs are very similar to private properties in terms of design and facilities.

The only difference is that there are limitations on who can qualify to buy EC units for the first 10 years after the development obtains its Temporary Occupancy Permit (TOP).  After the 10thyear, all restrictions are lifted and it can be transacted freely in the open market.

Until recently, I used to think that ECs were not as good an investment as private properties.  After all, EC owners were paying slightly more than a HDB flat, while not having the flexibility as a private property as they had to wait until the 11thyear before they could freely sell their units.  However, since the introduction of the Seller’s Stamp Duty (SSD), where sellers have to pay stamp duties if they were to sell their private property within the first 4 years of purchase, the main flexibility that private properties used to possess has been severely curtailed.

Apart from that, my research team at Ascendant Assets recently concluded a report to understand how profitable ECs were.  With about 16 years of data, we were able to uncover many interesting findings and two of the more interesting observations are as follows:


Observation 1 – There were slightly more profitable ECs deals than condominium deals

Data obtained from URA showed that the percentage of profitable ECs and condominium deals were 80% and 78% respectively.  This meant that slightly more EC owners sold their units for a profit as compared to condominium owners.  A possible reason that ECs are slightly more profitable could be due to the buyers’ profile.  Unlike private properties, which attract a wide variety of buyers (i.e. homeowners, mid-to-long-term investors and short-term speculators), new ECs tend to attract the less-speculative homeowners due to the 5-years MOP.  As a result, there are slightly more profitable transactions as many of these EC owners buy with the intention of holding their units for the long-term and would sell if an attractive offer comes along.


Observation 2 – ECs have the potential of making significant profits 

As a whole, EC owners who sold their units made an average profit of $204,622, however the maximum profits made from an EC unit was $980,730.   The owner of the most profitable EC unit bought it for about $840,000 and held it for slightly more than 10 years.  From these figures, it can be concluded that ECs have the potential to make good returns as well.  The profit distribution is shown in the figure below.

Profit Distribution for Executive Condominiums (from 1996 to 2012)

Source: URA and Ascendant Assets Pte Ltd

Intuitively, we would expect ECs to produce good returns as the launch prices are kept “artificially depressed” due to the various sales restrictions (i.e. citizenship, family nucleus, income ceiling, ownership in private property, etc.).

Hence, when the 5-year MOP is over and when the sales restriction is lifted on the 11th year, the price of ECs would jump in value to become comparable to their private property counterparts.  Due to the sales restrictions, the most expensive new EC unit sold by a developer was $1.32million in Nov 11 for a unit at Riverparc Residence.

On the other hand, due to free market forces, the most expensive resale EC unit sold was $1.88million in Oct 10 for a unit at Bishan Loft – supporting the observation that the value of the EC would jump when sales restrictions are lifted.

Conclusion

In view of the high private property market prices as well as restrictive buying/ selling conditions, ECs are gradually becoming attractive and homeowners who want to upgrade from a HDB could considering getting an EC. It is important to note that even though ECs have found to generate good returns, there have also been unprofitable transactions as well.

Akin to purchasing any other types of property, it is important to consider the location of the EC as no two developments are alike.  However, if a buyer is careful in his EC selection, he can be assured knowing that making profits of several hundred thousands dollars would be something he can expect when he sells his property eventually.

Operation Save Leon

“Good day. Your mission, should you choose to accept it. As always should any member of your force be caught, iProperty.com will disavow all knowledge of your actions. This blog post will self-destruct in five seconds. Good luck.”

  1. We are kidding. It’s not a task for 007. You just need a computer and internet access.
  2. Go through the mission brief in the poster below thoroughly. And click on it, if you accept the mission.
  3. You have till 16 Sept to complete this mission. All the best!
Operation Save Leon

Accept mission?

Let’s get interactive and discover things you’ve never thought of!

You have tonnes of burning questions in your mind. But you can’t find anyone who has the best set of experience to provide you with a satisfying answer. So, what’s next? Visit iProperty.com of course.


SUBMIT YOUR FEEDBACK & WIN



You’ll most probably stomped to the nearest MacDonald for a quick fix when you have a growling stomach. So when it comes to having doubts in your mind, let the iProperty iExperts enlighten you with their profound knowledge in property field!

Our panel of iExperts ranges from experiences active practitioners, advisers in the property industry and property news watchers that constantly follows the property news each day! Having them to provide you with quick answer sounds like a perfect idea huh?

See latest Q&A from home page

You’ll ask questions and get answers too. And who knows you’re be able to discover answers to questions that have never came across your mind? It’s a good deal!

Share and Learn with others

Caring is sharing! Does word- of- mouth plays a big part in your decision-making process? If you find yourself nodding , then start writing and share a review of your condominium!

With condominium reviews, get a better picture from other users about the properties that caught your eye!

At iProperty.com, you can always expect that things will evolve and continue to change! Be sure to try us out and let us know how to improve better in serving your needs.

We will be sharing more tips on the newly revamped iProperty.com website. Stay tune!


About “How to?” Articles

“How to?” articles is written as a comprehensive step-by-step guide for users to maximise user experience on iProperty.com. We hope to cover every topic in as much detail as possible while providing as much useful and helpful information to you as can be provided.

As the content is written purely for you, we’re always open to receiving feedback, both good and bad. If you have any questions, comments or general feedback about our site, we’d love to hear from you. Feel free to also let us know what topics you will like us to cover too. You can contact us any time by dropping us an email.

Hold your horses. Review and compare before you decide.

Yes! The process of searching for an ideal place now is made so much easier with the all new iProperty.com.  Need to be convinced? You’ve got to try it yourself  and experience it! Here’s another reason why you should try out our website.


SUBMIT YOUR FEEDBACK & WIN



No fear if  you’re an amateur in property hunting. Here’s a flashback to the quick guide we went through previously: 3 ways to make good use of the whole new, much powerful search at iProperty.com.

So now that you have entered and select  your unique search criteria, it’s time to fired off the search button.  Our seamless system will now do it’s job and ready to return you with thousands of  relevant, matching information within seconds!

Better and cleaner display of relevant information on listing details

We hope you’ll find it more useful with the number of bedroom and bathroom indicated by clean and neat logos, clearer placement of information such as Location. Price psf and Built up area. At one glance, we’re included the fundamental details for you in a neat, compact  and summarized listing.

And that’s not all.

Several fans on our Facebook page have discussed and highlight about what they tend to look out for when they search for a property. And we have been listening. Here’s the fresh new property page!


More images provided by our helpful agents, amenities details which comes useful in case you are researching on a new estates/ districts.

And there’s definitely more elaborated details in full descriptions, useful tools such as property trends and mortage calculator which we ain’t got to show you here. We’ve already revealed enough goodies for you, so go on and explore to discover more useful functions!

Hold on hold on, there’s something one more good news to share!

New launch properties showcase 

 Choose LIKE A BOSS.

Information on newly lauched properties are now displayed in a better and fresher style! With this, you will never risk that dream house you’ve always wanted!

At iProperty.com, you can always expect that things will evolve and continue to change! Be sure to try us out and let us know how to improve better in serving your needs.

We will be sharing more tips on the newly revamped iProperty.com website. Stay tune!


About “How to?” Articles

“How to?” articles is written as a comprehensive step-by-step guide for users to maximise user experience on iProperty.com. We hope to cover every topic in as much detail as possible while providing as much useful and helpful information to you as can be provided.

As the content is written purely for you, we’re always open to receiving feedback, both good and bad. If you have any questions, comments or general feedback about our site, we’d love to hear from you. Feel free to also let us know what topics you will like us to cover too. You can contact us any time by dropping us an email.

iProperty Group upgrades senior management team with key ‘C’ level executive appointments

iProperty Group Ltd (ASX: IPP), the owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com), today announced that it had made two key ‘C’ level executive appointments aimed at driving continued growth in the business. Paul Whiteway has been appointed as Chief Operating Officer for the Group, having previously held senior management roles at Yahoo! Southeast Asia and Microsoft in the UK as well as being an Entrepreneur In Residence at INSEAD in Singapore. Becky Leng has been appointed as Chief Marketing Officer for the Group, having previously been Director of Marketing and Portal Management at SingTel International Group and prior to that Head of Interactive Media at Maxis Malaysia.

Both Paul and Becky bring with them an outstanding track record of achievement in the internet industry having operated in multiple countries across the Asian region and will add skill and experience in the crucial value creating areas of business execution and marketing with a focus on consumer engagement.

“We are very pleased to be upgrading the Senior Management team with the calibre of individuals in Paul and Becky. They are both experienced and successful internet executives who have been responsible for significant success stories in the region and their capabilities are world class” commented iProperty Group CEO, Shaun Di Gregorio.

“As a business we recognize that execution excellence of our country based strategies will be a key to our future success and driving continued growth, and that’s where Paul’s experience is highly regarded. In conjunction with this we also know that the consumer experience and consumer engagement will be increasingly important in each of our markets and Becky’s expertise will help drive this focus across the iProperty Group” Di Gregorio commented.

“Attracting talent like Paul and Becky also highlights the growing reputation of the iProperty Group as a dynamic business in the region and reflects our market leadership position. Our focus on providing consumers with the best possible experience when searching for property coupled with our commitment to driving leads to our advertisers continues to be the drivers of our success” added Di Gregorio


About iProperty Group Limited (www.iproperty-group.com)

Listed on the Australian Securities Exchange, the iProperty Group (ASX:IPP) owns and operates Asia’s No.1 network of property websites under the iProperty.com umbrella brand.

Headquartered in Kuala Lumpur, Malaysia, the Company is focused on developing and operating leading property portals with other complementary offerings in Asian markets. It currently operates market leading property portals in Malaysia, Hong Kong, Macau, Indonesia and Singapore, and has investments in India and Philippines. With further expansion planned, the iProperty Group is continuously working to capitalise on its market-leading positions and the rapidly growing online property advertising market throughout the region.

Along with 18 property websites across the region, the Group’s portfolio also includes the first comprehensive regional commercial property website, CommercialAsia.com, as well as a regional property exhibition business and monthly property magazines in Malaysia and Indonesia.

iProperty Group Network of websites:

 

Searching for a Place is Easy with the Revamped iProperty.com!

With iProperty.com new revamped website, you can now have a better search experience! Try the new search box and perform a keyword search using property name, block / street name, postal codes etc. Here’s another reason why you should try out the whole new iProperty.com RIGHT NOW!


SUBMIT YOUR FEEDBACK & WIN


 


Searching for a place is easy with the revamped iProperty.com. Here are 3 ways you can make good use of the whole new search experience at iProperty.com!

Keyword search using property name, block, street name, postal code etc 

searchbox-homepage

That’s right, whether you are renting or buying, simply type in a keyword eg: Property name, Block/Street name or Postal Code.

Other than keywords such as property name, block / street name or postal codes, feel free to try out other search fields  to your liking.

Search by MRT, Schools made simpler 

Singapore has one of the most advanced public transport system in the world and most definitely, users like you will find it useful to search properties by the nearest MRT stations. Taking note of this need, users can now jump right into searching by MRT at our homepage! Not to mention schools around the area. Have you spotted this cool new function?

Search by MRT

Search by selecting multiple districts & properties type 

You must be wondering why these functions never existed in any property portals in Singapore. Well, now you have it. Thrilled? Now you can search for more than 1 districts or locations and more than 1 type of properties. Be spoilt with what you can do at the iProperty.com newly revamped search box.

Search by Multiple Districts

Search by Multiple Districts

 

Search by Property Type

Search by Property Type

At iProperty.com, you can always expect that things will evolve and continue to change! Be sure to try us out and let us know how to improve better in serving your needs.

We will be sharing more tips on the newly revamped iProperty.com website. Stay tune!


About “How to?” Articles

“How to?” articles is written as a comprehensive step-by-step guide for users to maximise user experience on iProperty.com. We hope to cover every topic in as much detail as possible while providing as much useful and helpful information to you as can be provided.

As the content is written purely for you, we’re always open to receiving feedback, both good and bad. If you have any questions, comments or general feedback about our site, we’d love to hear from you. Feel free to also let us know what topics you will like us to cover too. You can contact us any time by dropping us an email.