Martin Koh (许志刚)’s Post

𝗠𝗮𝘆 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 We are pleased to introduce our 𝗠𝗮𝘆 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿. Keep abreast of the most recent developments, market trends, and comprehensive insights into Singapore's real estate environment. 𝙁𝙚𝙖𝙩𝙪𝙧𝙚𝙙 𝙏𝙤𝙥𝙞𝙘𝙨 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙈𝙤𝙣𝙩𝙝: - 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗛𝗼𝗺𝗲𝘀: March 2024 saw a significant rise in new private home sales, led by a surge in launches like Lentor Mansion and Lentoria, primarily in suburban areas, reflecting strong buyer interest in project design and functionality. - 𝗥𝗲𝘀𝗮𝗹𝗲, 𝗥𝗲𝗻𝘁𝗮𝗹 𝗧𝗿𝗲𝗻𝗱𝘀: Condominium resale volumes increased by 17.4%, reaching a seven-month high, while rental volumes also showed recovery with a 19.1% increase, despite ongoing high interest rates affecting prices. - 𝗛𝗗𝗕 𝗠𝗮𝗿𝗸𝗲𝘁: The HDB resale market continued its upward trend with robust demand for larger flats and increased million-dollar transactions, while the rental market demonstrated a modest recovery in volumes, yet remained below historical averages. 𝙌𝙪𝙖𝙧𝙩𝙚𝙧𝙡𝙮 𝙍𝙚𝙥𝙤𝙧𝙩: - 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹: March 2024 saw a significant rise in new private home sales, led by a surge in launches like Lentor Mansion and Lentoria, primarily in suburban areas, reflecting strong buyer interest in project design and functionality. - 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹: Minor rent fluctuations in prime and lower-cost areas, with a sharp 95% drop in transaction volumes. The market is stable with expectations of moderate rent increases due to pent-up demand. - 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹: Industrial rents increased by 1.7%, continuing a long-term growth trend, while prices slightly declined by 0.2%. The sector faces adjustments due to high supply levels and economic uncertainties, with occupancy rates slightly decreased to 88.7%. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 the newsletter here: https://bit.ly/4buwdYm #AsianPrimeProperties  #AsianPrimeCapital #AsianPrimeAssets #FinestPropertyExperience

𝗠𝗮𝘆 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 We are pleased to introduce our 𝗠𝗮𝘆 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿. Keep abreast of the most recent developments, market trends, and comprehensive insights into Singapore's real estate environment. 𝙁𝙚𝙖𝙩𝙪𝙧𝙚𝙙 𝙏𝙤𝙥𝙞𝙘𝙨 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙈𝙤𝙣𝙩𝙝: - 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗛𝗼𝗺𝗲𝘀: March 2024 saw a significant rise in new private home sales, led by a surge in launches like Lentor Mansion and Lentoria, primarily in suburban areas, reflecting strong buyer interest in project design and functionality. - 𝗥𝗲𝘀𝗮𝗹𝗲, 𝗥𝗲𝗻𝘁𝗮𝗹 𝗧𝗿𝗲𝗻𝗱𝘀: Condominium resale volumes increased by 17.4%, reaching a seven-month high, while rental volumes also showed recovery with a 19.1% increase, despite ongoing high interest rates affecting prices. - 𝗛𝗗𝗕 𝗠𝗮𝗿𝗸𝗲𝘁: The HDB resale market continued its upward trend with robust demand for larger flats and increased million-dollar transactions, while the rental market demonstrated a modest recovery in volumes, yet remained below historical averages. 𝙌𝙪𝙖𝙧𝙩𝙚𝙧𝙡𝙮 𝙍𝙚𝙥𝙤𝙧𝙩: - 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹: March 2024 saw a significant rise in new private home sales, led by a surge in launches like Lentor Mansion and Lentoria, primarily in suburban areas, reflecting strong buyer interest in project design and functionality. - 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹: Minor rent fluctuations in prime and lower-cost areas, with a sharp 95% drop in transaction volumes. The market is stable with expectations of moderate rent increases due to pent-up demand. - 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹: Industrial rents increased by 1.7%, continuing a long-term growth trend, while prices slightly declined by 0.2%. The sector faces adjustments due to high supply levels and economic uncertainties, with occupancy rates slightly decreased to 88.7%. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 the newsletter here: https://bit.ly/4buwdYm #AsianPrimeProperties  #AsianPrimeCapital #AsianPrimeAssets #FinestPropertyExperience

𝗠𝗮𝘆 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 We are pleased to introduce our 𝗠𝗮𝘆 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿. Keep abreast of the most recent developments, market trends, and comprehensive insights into Singapore's real estate environment. 𝙁𝙚𝙖𝙩𝙪𝙧𝙚𝙙 𝙏𝙤𝙥𝙞𝙘𝙨 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙈𝙤𝙣𝙩𝙝: - 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗛𝗼𝗺𝗲𝘀: March 2024 saw a significant rise in new private home sales, led by a surge in launches like Lentor Mansion and Lentoria, primarily in suburban areas, reflecting strong buyer interest in project design and functionality. - 𝗥𝗲𝘀𝗮𝗹𝗲, 𝗥𝗲𝗻𝘁𝗮𝗹 𝗧𝗿𝗲𝗻𝗱𝘀: Condominium resale volumes increased by 17.4%, reaching a seven-month high, while rental volumes also showed recovery with a 19.1% increase, despite ongoing high interest rates affecting prices. - 𝗛𝗗𝗕 𝗠𝗮𝗿𝗸𝗲𝘁: The HDB resale market continued its upward trend with robust demand for larger flats and increased million-dollar transactions, while the rental market demonstrated a modest recovery in volumes, yet remained below historical averages. 𝙌𝙪𝙖𝙧𝙩𝙚𝙧𝙡𝙮 𝙍𝙚𝙥𝙤𝙧𝙩: - 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹: March 2024 saw a significant rise in new private home sales, led by a surge in launches like Lentor Mansion and Lentoria, primarily in suburban areas, reflecting strong buyer interest in project design and functionality. - 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹: Minor rent fluctuations in prime and lower-cost areas, with a sharp 95% drop in transaction volumes. The market is stable with expectations of moderate rent increases due to pent-up demand. - 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹: Industrial rents increased by 1.7%, continuing a long-term growth trend, while prices slightly declined by 0.2%. The sector faces adjustments due to high supply levels and economic uncertainties, with occupancy rates slightly decreased to 88.7%. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 the newsletter here: https://bit.ly/4buwdYm #AsianPrimeProperties  #AsianPrimeCapital #AsianPrimeAssets #FinestPropertyExperience

𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 I am delighted to present the 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰 Edition of the 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿. Stay updated with the latest developments, market trends, and in-depth insights into Singapore's dynamic real estate landscape. 𝙁𝙚𝙖𝙩𝙪𝙧𝙚𝙙 𝙏𝙤𝙥𝙞𝙘𝙨 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙈𝙤𝙣𝙩𝙝: - 𝗡𝗲𝘄 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗛𝗼𝗺𝗲𝘀: October 2024 saw a resurgence in private new home sales, with 738 units sold, up 84% from September and 261.8% from October 2023. Key contributors were Norwood Grand in Woodlands, with 292 units sold, and Meyer Blue on the East Coast, which sold 124 units, appealing to affluent buyers. The OCR led sales due to affordability, followed by the RCR and CCR. With upcoming project launches, the market is set to maintain its momentum into 2025. - 𝗥𝗲𝘀𝗮𝗹𝗲 𝗮𝗻𝗱 𝗥𝗲𝗻𝘁𝗮𝗹 𝗧𝗿𝗲𝗻𝗱𝘀: Condo resale prices dipped 0.5% month-on-month but rose 3.6% year-on-year in October 2024, with 1,124 units transacted, driven by HDB upgraders and demand in the OCR. Rentals increased by 0.5%, but volumes declined 7.5%, reflecting stabilising demand. Both markets are expected to stabilise, with modest growth in 2025 as supply balances demand. - 𝗛𝗗𝗕 𝗠𝗮𝗿𝗸𝗲𝘁: HDB resale prices rose 0.3% in October 2024, with Executive flats in high demand. Million-dollar flats accounted for 4.8% of sales, led by a $1.54 million unit at Pinnacle@Duxton. The rental market saw a 0.4% price rise, with larger flats favoured. Resale prices are expected to grow 8–10% in 2024, supported by limited supply and sustained demand for larger and centrally located units. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 the newsletter here: https://bit.ly/3VpN9d5 #AsianPrimeProperties  #AsianPrimeCapital #AsianPrimeAssets #FinestPropertyExperience

Despite the rising transaction volume of million-dollar HDB flats, these deals are primarily confined to specific niches. Most transactions in this category occur in prime locations, including Design, Build, and Sell Scheme (DBSS) flats and executive apartments. These unique properties attract buyers who prioritize space and location over the amenities and exclusivity of private condominiums. As of April 2024, such transactions represent about 2.9% of the Singapore property market. Given the government's recent reclassification of new flats with resale restrictions, predicting long-term growth in million-dollar HDB flat transactions remains speculative. This evolving regulatory landscape suggests potential shifts in Singapore's property market dynamics, likely affecting future trends in this segment. Click here to read more about the dynamics of Singapore's property market 👇🏻 https://lnkd.in/dYVMVBCf #Datasense #RealEstate #whitepaper #PropertyGuruForBusiness #PropertyGuru #MarketInsights #DataInsights #PropertySingapore #RealEstateTrends

𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 We are delighted to present the 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰 Edition of the 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿. Stay updated with the latest developments, market trends, and in-depth insights into Singapore's dynamic real estate landscape. 𝙁𝙚𝙖𝙩𝙪𝙧𝙚𝙙 𝙏𝙤𝙥𝙞𝙘𝙨 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙈𝙤𝙣𝙩𝙝: - 𝗡𝗲𝘄 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗛𝗼𝗺𝗲𝘀: October 2024 saw a resurgence in private new home sales, with 738 units sold, up 84% from September and 261.8% from October 2023. Key contributors were Norwood Grand in Woodlands, with 292 units sold, and Meyer Blue on the East Coast, which sold 124 units, appealing to affluent buyers. The OCR led sales due to affordability, followed by the RCR and CCR. With upcoming project launches, the market is set to maintain its momentum into 2025. - 𝗥𝗲𝘀𝗮𝗹𝗲 𝗮𝗻𝗱 𝗥𝗲𝗻𝘁𝗮𝗹 𝗧𝗿𝗲𝗻𝗱𝘀: Condo resale prices dipped 0.5% month-on-month but rose 3.6% year-on-year in October 2024, with 1,124 units transacted, driven by HDB upgraders and demand in the OCR. Rentals increased by 0.5%, but volumes declined 7.5%, reflecting stabilising demand. Both markets are expected to stabilise, with modest growth in 2025 as supply balances demand. - 𝗛𝗗𝗕 𝗠𝗮𝗿𝗸𝗲𝘁: HDB resale prices rose 0.3% in October 2024, with Executive flats in high demand. Million-dollar flats accounted for 4.8% of sales, led by a $1.54 million unit at Pinnacle@Duxton. The rental market saw a 0.4% price rise, with larger flats favoured. Resale prices are expected to grow 8–10% in 2024, supported by limited supply and sustained demand for larger and centrally located units. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 the newsletter here: https://bit.ly/3VpN9d5 #AsianPrimeProperties  #AsianPrimeCapital #AsianPrimeAssets #FinestPropertyExperience

𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 I am delighted to present the 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰 Edition of the 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿. Stay updated with the latest developments, market trends, and in-depth insights into Singapore's dynamic real estate landscape. 𝙁𝙚𝙖𝙩𝙪𝙧𝙚𝙙 𝙏𝙤𝙥𝙞𝙘𝙨 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙈𝙤𝙣𝙩𝙝: - 𝗡𝗲𝘄 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗛𝗼𝗺𝗲𝘀: October 2024 saw a resurgence in private new home sales, with 738 units sold, up 84% from September and 261.8% from October 2023. Key contributors were Norwood Grand in Woodlands, with 292 units sold, and Meyer Blue on the East Coast, which sold 124 units, appealing to affluent buyers. The OCR led sales due to affordability, followed by the RCR and CCR. With upcoming project launches, the market is set to maintain its momentum into 2025. - 𝗥𝗲𝘀𝗮𝗹𝗲 𝗮𝗻𝗱 𝗥𝗲𝗻𝘁𝗮𝗹 𝗧𝗿𝗲𝗻𝗱𝘀: Condo resale prices dipped 0.5% month-on-month but rose 3.6% year-on-year in October 2024, with 1,124 units transacted, driven by HDB upgraders and demand in the OCR. Rentals increased by 0.5%, but volumes declined 7.5%, reflecting stabilising demand. Both markets are expected to stabilise, with modest growth in 2025 as supply balances demand. - 𝗛𝗗𝗕 𝗠𝗮𝗿𝗸𝗲𝘁: HDB resale prices rose 0.3% in October 2024, with Executive flats in high demand. Million-dollar flats accounted for 4.8% of sales, led by a $1.54 million unit at Pinnacle@Duxton. The rental market saw a 0.4% price rise, with larger flats favoured. Resale prices are expected to grow 8–10% in 2024, supported by limited supply and sustained demand for larger and centrally located units. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 the newsletter here: https://bit.ly/3VpN9d5 #AsianPrimeProperties  #AsianPrimeCapital #AsianPrimeAssets #FinestPropertyExperience

The recent surge in million-dollar HDB transactions has garnered mixed reactions. Although these high-value transactions represent an insignificant minority, they have prompted some owners to increase their asking prices. Utilizing our proprietary data at DataSense by PropertyGuru, we demonstrate a specific use case where agents can effectively manage sellers' expectations. Equipped with better data, we hope sellers can make informed decisions when setting asking prices to achieve optimal outcomes.

𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 We are pleased to introduce our 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿. Keep abreast of the most recent developments, market trends, and comprehensive insights into Singapore's real estate environment. 𝙁𝙚𝙖𝙩𝙪𝙧𝙚𝙙 𝙏𝙤𝙥𝙞𝙘𝙨 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙈𝙤𝙣𝙩𝙝: - 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗛𝗼𝗺𝗲𝘀: In January 2024, new private home sales surged by 108.1% from December 2023, yet the overall sell-through rate was lower than in January 2023, signaling subdued demand. Concurrently, Singapore's condominium resale market saw prices drop by 0.8%, despite a 7.2% increase compared to January 2023. - 𝗥𝗲𝗻𝘁 𝗧𝗿𝗲𝗻𝗱𝘀: In January 2024, private apartment rents fell by 0.7%, while condo rentals increased by 6.2%. HDB resale rents decreased by 0.7%, despite being 8.5% higher than in January 2023. Transaction activity for leased HDB flats rose by 10.8% year-on-year. - 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟰: In 2025, residential property owners will benefit from Property Tax Relief with an Enhanced Annual Value Band. Single seniors will receive ABSD concession. Developers of projects selling over 90% within 5 years will enjoy a lower ABSD clawback rate. Eligible families awaiting a BTO flat will receive rental vouchers for the open market. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 the newsletter here: https://bit.ly/3SX8Pex #AsianPrimeProperties #AsianPrimeCapital #AsianPrimeAssets #FinestPropertyExperience

𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰 - 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 We are delighted to present the 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰 Edition of the 𝗔𝘀𝗶𝗮𝗻𝗣𝗿𝗶𝗺𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿. Stay updated with the latest developments, market trends, and in-depth insights into Singapore's dynamic real estate landscape. 𝙁𝙚𝙖𝙩𝙪𝙧𝙚𝙙 𝙏𝙤𝙥𝙞𝙘𝙨 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙈𝙤𝙣𝙩𝙝: - 𝗡𝗲𝘄 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗛𝗼𝗺𝗲𝘀: October 2024 saw a resurgence in private new home sales, with 738 units sold, up 84% from September and 261.8% from October 2023. Key contributors were Norwood Grand in Woodlands, with 292 units sold, and Meyer Blue on the East Coast, which sold 124 units, appealing to affluent buyers. The OCR led sales due to affordability, followed by the RCR and CCR. With upcoming project launches, the market is set to maintain its momentum into 2025. - 𝗥𝗲𝘀𝗮𝗹𝗲 𝗮𝗻𝗱 𝗥𝗲𝗻𝘁𝗮𝗹 𝗧𝗿𝗲𝗻𝗱𝘀: Condo resale prices dipped 0.5% month-on-month but rose 3.6% year-on-year in October 2024, with 1,124 units transacted, driven by HDB upgraders and demand in the OCR. Rentals increased by 0.5%, but volumes declined 7.5%, reflecting stabilising demand. Both markets are expected to stabilise, with modest growth in 2025 as supply balances demand. - 𝗛𝗗𝗕 𝗠𝗮𝗿𝗸𝗲𝘁: HDB resale prices rose 0.3% in October 2024, with Executive flats in high demand. Million-dollar flats accounted for 4.8% of sales, led by a $1.54 million unit at Pinnacle@Duxton. The rental market saw a 0.4% price rise, with larger flats favoured. Resale prices are expected to grow 8–10% in 2024, supported by limited supply and sustained demand for larger and centrally located units. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 the newsletter here: https://bit.ly/3VpN9d5 #AsianPrimeProperties  #AsianPrimeCapital #AsianPrimeAssets #FinestPropertyExperience