The Great Singapore Sale (GSS) has been an annual event in the little red dot since 1994. However, from 2024 the Singapore Retailers Association will not organize any activity. Don’t be disappointed. Great Singapore Sale is still on. In fact, it is everywhere around us though appears in different forms. Singapore inflation under control? A month ago, a new tranche … [Read more...]
Just sold at record high!
Another headline about a property just sold at record high. These days we all desperately want to hear some good news. There is enough bad news around on company layoffs and new condo projects that can’t sell. Luxury projects just sold at record high! The following are common property headlines in local media: “xxxxxxx sold for record price of S$xx million” “xxxxxxx … [Read more...]
Chinese developers: Who exactly are they?
Since the start of the year, cash-rich property developers from mainland China have been actively participating in Government Land Sales (GLS) tenders. Aiming to expand their footprint in Singapore, they have set new records in bidding prices for residential sites. This is no doubt a big windfall for the government. But not for local developers who may be involuntarily … [Read more...]