Jun 30, 2012

No Underselling, please

* This post has not been updated in a long while. Will get around to it sooner or later.


Anything less than $1.7m per unit  is an undersell*
  1. ITSHOMETOME'S  attempt at a RESIDUAL LAND VALUATION HERE adopting the methodology used in the 2 formal RLVs handed in at the STB in round 1 and an informal RLV.  
  2.  A comparative analysis on Ex-HUDC collective sales / New Developements vis a vis GLS / New Developments. 

Jun 13, 2012

GLS 2H2012

GOVERNMENT LAND SALES FOR SECOND HALF OF 2012


Reserve list
Residential Sites
1 Jalan Jurong Kechil Already Available URA
2 Stirling Road URA
3 Alexandra View (Parcel A) URA
4 Farrer  Road / Lutheran Road URA
5 Kim Tian Road URA
6 Tai Thong Crescent (Parcel C) URA
7 Prince Charles Crescent URA
8 Tampines Avenue 10 (Parcel B) URA
9 Sengkang West Way (Parcel A) HDB
10 Alexandra Road / Alexandra View (Parcel B) (3) Sep-12 URA
11 Tampines Avenue 10 (Parcel C) (3) Oct-12 URA
12 Tampines Avenue 10 (Parcel D) (3) URA
13 Jurong West Street 41 / Boon Lay Way (Parcel B) (3) Nov-12 URA 
14 New Upper Changi Road / Bedok South Avenue 3 (Parcel B) (3) Dec-12 URA




Confirmed List
Residential Sites
1 Punggol Way/Punggol Walk (EC) Jul-12 HDB
2 Dairy Farm Road URA
3 Woodlands Avenue 6 / Woodlands Drive 16 (EC) (3) Aug-12 HDB
4 New Upper Changi Road / Bedok Road (Parcel A) URA
5 Sengkang West Way / Fernvale Link (Parcel B) (EC) (3) Sep-12 HDB
6 Pasir Ris Drive 3 / Pasir Ris Rise (EC) (3) HDB
7 Bishan Street 14  Oct-12 HDB
8 Sembawang Crescent / Sembawang Drive (EC) (3) HDB
9 Punggol Field Walk / Punggol East (EC) (3) HDB
10 Ang Mo Kio Avenue 2 / Ang Mo Kio Street 13 (3) Nov-12 URA
11 Jurong West Street 41 / Boon Lay Way (Parcel A) (3) URA
12 Commonwealth Avenue (3) Dec-12 HDB

Fantastic

This is great... an Anonymous poster found a new website that takes care of all that tedious data collection and presents it in a clear and easy to read way.

Anonymous said...
Useful Website for Property!
Hi,

Sharing this property research website with everyone
http://www.squarefoot.com.sg

It publishes all the caveats, rental data, and makes price comparisons. For example, take a look at The Sail: http://www.squarefoot.com.sg/trends-and-analysis/residential?p=the-sail-marina-bay

If you are looking at a specific unit, you can enter the unit number at the top and it will pull out the data for that unit

It also has caveats for non-residential properties, for example Suntec City: http://www.squarefoot.com.sg/trends-and-analysis/non-residential?p=suntec-city

Just thought you guys might find it useful
The site also has good research articles and reports

Enjoy! 

Thank you Anonymous!

As pointed out by another Anonymous comment: the data for TC seems a bit off

There is no way that 70% of units are owned by Companies in TC.  




The last time I downloaded such data was last year and here it is:

Because TC was privatised in 2002, there is no data on ownership prior to that date.  So I am assuming that because there is missing data on the Realis books- they label them company? The data is only for those units that changed hands since 2002. And since 2002, NO COMPANY has bought a unit.

REPLY FROM SQUAREFOOT ( and I didn't even email them)

Hi!
I am from square foot. Thanks for highlighting the unusually large percentage of company purchases for Tampines Court. I just checked. The caveat for Far East / Frasers 07's en bloc purchase remains in Realis although it didn't succeed, hence the error in breakdown. The breakdown is based on number of units so you can imagine the weight that the failed en bloc transaction carries. I've amended our data. See http://www.squarefoot.com.sg/trends-and-analysis/residential?p=tampines-court
The updated breakdown is Singaporean 207, PR 19, Foreigner 6


Hope you find the website useful! 

Thank you, Sir. Your website is excellent.
However,  your updated TC data is still not quite there...
As I said before, the data only goes as far back as 2002 and only 41% of units are reported in Realis.  207 Singaporean buyers may represent 89.2% out of the 232 in the data....  but there are 560 units in total in TC.

The correct percentages should therefore be:
Singaporean: 36.96%
PR: 3.39%
Foreigner: 1.07%
Unknown: 58.57%

There is not much you can do about that, we are a hybrid HDB/PRIVATE creation, there are only a handful of us ex-HUDC's out there..