Profits for Banks

• By AngMoKioTower
• December 30, 2015

According to a recent survey done by industry analysts, investment banks on a global scale look to face a period of 5 years of cutting costs as a tightening of regulations limit profits, as well as a failure for trading revenues to bounce back.

2020 will see these firms with an average return on equity of around 9%, a figure that still falls short of the cost of equity. This data comes from a recent survey done of 147 portfolio managers and analysts and was conducted by Broadridge Financial Solutions Inc. and Institutional Investors. Broadridge handles other banks and companies’ Tang Group of Companies Redhill Condo investor communications and trade processing.

Tang Skyline Alexandra View Condo

According to the survey, 61% of the respondents are expecting pressure to increase on regulations over the coming 5 years, with 9% of respondents expecting a decline.

The survey also shows that, regardless of …

Gambas EC

• By AngMoKioTower
• December 29, 2015

This site is already 62% sold with 495 of its 797 units were sold by the end of August. The project excel was released by the UOL Group only this April. Other analysts predict that the site will only fetch between 5 and 9 bids and the high will run somewhere between $590 – $630 PSF PPR. This would make the Woodlands Ave 12 Hao Yuan EC breakeven cost for the Orchard Boulevard Residences Condo new site to be around $1100 PSF and with an expected selling price of $1300 – $1350 PSF. One Hillhaven Condo analyst further estimates the average selling price for the new project at the site will be S$1250 – $1300 PSF.

Woodlands Ave 12 Hao Yuan EC

Northpoint City will also feature roughly 1,000 carpark spaces as well as 300 parking spaces for bicycles in an effort to enhance the lively lifestyle of Nee Soon …

Skies 39

• By AngMoKioTower
• December 28, 2015

Of these are the Wandervale by Sim Lian Land in Choa Chu Kang, Yishun’s The Criterion and Frasers Centrepoint belonging to TID Residential and CDL, and a joint project by KH Capital, Parc Life in Sembawang. Then again, the fairly higher asking price levels of Skies 39 could quite possibly have resulted in a rise in the number being set up for auction in recent quarters,” Lee explained.

Skies 39 Evia Real Estate Bid Price

It has been pointed out that upcoming projects will continue to see pricing that is competitive with a shrinking pool of potential buyers as well as developers facing competition that is steeper. While 2015’s horizon doesn’t seem to hold any changes for the government curbs on skies 39 braddell mrt, it is expected that the private residential sector will remain soft, according to a property analyst. Nicholas Mak, Research Head at SLP International anticipates a …

Qingjian Sembawang EC

• By AngMoKioTower
• December 27, 2015

At the launch of the North Point on 1 August, Group Chief executive officer of Frasers Centrepoint Lim Ee Seng said, “Owners at Visionaire Qingjian Sembawang does not just get to take pleasure in the lifestyle choices and excellent benefits that Qingjian Sembawang Road EC boasts, they are going to on top of that have the benefit of what currently the Northern part of Singapore presents. It is now required of developers to submit an array every week of their transaction data to the Controller of Housing.

Qingjian Realty Visionaire EC

The site was put up for sale by its owner and is big enough to be redeveloped into 2 detached homes or 1 detached home and 2 semi detached The Visionaire. It features a 28 metre wide frontage situated along Branksome Road and is in a peaceful area. It has a suggested price is $15 to 17 million, which …

Paya Lebar Condo

• By AngMoKioTower
• December 26, 2015

During Mr. Lim’s speech he stated that CapitaGreen has been attractive to many tenants due to its sustainable design principles. These principals are in line with the company’s own business focus and corporate values in Paya Lebar Mix Development. There are a few tenants who are now in the process of attaining their certification under the BCA Green Mark Office Interior scheme, some of which include South32, Lloyds and Schroders.

Paya Lebar Central Mix Development

For you to keep up along with the real estate market awareness of the local real estate market, real estate brokers have to frequently maintain up to date with their own current market expertise so they can give better advice to their current clients. Furthermore, realtors will have to find the best advertising and marketing path to be able to secure clients. Additionally, agents can learn to support their consumers better by bringing together the …

Parc Life

• By AngMoKioTower
• December 25, 2015

Media reports that have quotes some One Sophia consultants have shown that close to 5,000 EC units could possibly be launched for this year, all coming from up to 8 new projects. It is felt this will worsen the already existing condition of unsold inventory build up.

It is expected that these Executive Condo units will have a lukewarm take up, more so when the room to adjust prices lower are limited for property developers for sites that were already purchased at a higher figure for Parc Life Sembawang.

Parc Life Sembawang Singapore

While this is happening, there are 2,100 units from 12 Executive Condo project launches that are still unsold. Data from URA indicates that the rate of vacancy for these completed EC units that are available for purchase has risen to 15.1% during 2015’s 1st Quarter, a figure that is up from 11.5% from the previous quarter on …