Category: Condo Stories & Insights

With the introduction of cooling measures and social distancing restrictions on year-end festivities, December 2021’s developer sales (excluding Executive Condominiums, or ECs) declined 58% month-on-month to 650 units. On a year-on-year basis, developer sales were also down 46.6%, which is about half of December 2020’s volume (1,217 units). At that time, sales were then boosted…

Ask any agent about property investment, and you’ll be sure to hear that buying a 99-year leasehold property is a surefire way to maximise rental yield. In the same sentence, they’d probably say that buying freehold for rental play is stupid/dumb/foolish. Here at 99.co, however, we know that an property saying is true… only until…

If you’re new to property, the terms freehold, 99-year, 999-year, and leasehold can be confusing. So let us break it down for you. Freehold property can be held by the owner indefinitely. On the other hand, a 99-year leasehold property reverts back to the state upon the expiry of its lease. A holdover from the…

If you’re looking to buy a private property, here’s a few things you might want to note about its condo payment schedule

If you haven’t heard, two Singaporean men have recently been charged on renting out four condominium units for short-term accommodation on Airbnb. Whilst we know that the minimum lease for renting out private homes is three months, and that many private property owners are guilty of flouting this rule, this is the first time that…

The rental market is more competitive than lane space at a public swimming pool on Saturdays, and landlords can’t be too fussy.  Vacancies could cost homeowners/property investors a few thousand dollars of missed rental income every month. And if you have a mortgage to pay, it’s even more urgent to keep your condo tenanted. So, how…

Earlier in September 2021, Flynn Park at 18-22 Yew Siang Road went en bloc at S$371 million, making it the largest collective sale of the year. Brokered by Savills Singapore, the buyer (a joint venture between Hoi Hup Realty Private Limited and Sunway Developments Pte. Ltd) bought all 72 apartments at S$1,355 psf per plot…

Chuan Park condo has been put up for sale through public tender by ERA Realty Network for an indicative price of S$938 million. This comes after Flynn Park was sold en bloc in September for S$371 million, making it the largest en bloc sale so far this year. Located at Lorong Chuan, the 99-year leasehold…

Call it an ‘old uncle’ mentality, but there’s a small but significant number of freehold-only Singaporean property buyers who steadfastly refuse to ever consider buying a 99-year leasehold condo. Might as well throw money down the drain lah, they’d argue. Truth is, the tenure of a private property seldom defines whether it’s a good buy…

When most people think of condos and potential for capital appreciation, what comes to mind are often big-money, centrally-located properties. But this assumption is consistently being proven wrong by condos in less fancied locations. In fact, one of the best examples of ‘buy low, sell high’ is the newly completed High Park Residences at Sengkang….