What is this Blog all about?

For the first time in almost a decade since the last property market downturn, property investors and home owners witnessed a surge in Singapore real estate prices in 2005 and 2006. This was largely due to the announcement of the Integrated Resorts (IRs) at Marina Bay and Sentosa, coupled by changes in the ownership rights for foreign investors to purchase and own properties in Singapore.

As a result, major projects such as The Sail @ Marina, St Regis Residences, Sentosa Cove were launched and the response from both local and foreign buyers was overwhelming despite the stiff price stags of these properties. Developments such as Sky@Eleven and One Shenton were also sold out in record time.

As we herald the new year in 2007, news have been reported that properties such as Marina Bay Residences, The Marque and Beaufort on Nassim are set to launch their units between SGD 2,300 to SGD 3,000 psf, thus resulting in an average apartment to cost between SGD 2.3m to SGD 8m each.

Admist the hype and buzz surrounding the Singapore property market today, propertysg.wordpress.com is keen to develop a community where property investors, owners, agents, consultants and developers can come together to share their opinions as well as any latest developments which are aware of. Hence, please do contact us should you have any interesting articles or comments which you’ll like to share with the community and it maybe featured on our site.

Have fun reading and happy investing!