Rachel Toa

A 2½-storey detached house at 17 Coral Island, in Sentosa Cove in District 4, will be put up for auction on May 22 with a guide price of $11.3 million ($1,495 psf). The property has been available for sale since last year, with an initial guide price of $$11.5 million, shares Joy Tan, head of auction and sales at Edmund Tie and Co (ET&Co), which is marketing the property. Sitting on a rectangular plot of 7,557 sq ft, with a frontage of about 12.7 metres wide, the property has four bedrooms and a helper’s room. The home has a north-south orientation, with views of the waterway, offering a tranquil environment for its residents, says Tan. The home also comes with a swimming pool, private yacht berth, jacuzzi and barbeque pit, and the car porch can fit three to four luxury cars, she adds. https://www.edgeprop.sg/property-news/detached-house-coral-island-going-113-mil

Japanese property developer, Kajima Development and Singapore Press Holdings sold 70 units at The Woodleigh Residences as at 10pm on Sunday, May 12. “We are very pleased with the enthusiastic response received,” says Kazunori Ichihashi, project director of Kajima Development. “The sales gallery opened to an invite-only event on the evenings of Wednesday (May 8 and 9), an industry first, and saw many guests vying for their preferred units in the ballot held on Saturday (May 11) morning.” Many units sold were two- and three-bedroom units along with three four-bedroom apartments that achieved $2,331 psf. The majority of the buyers are locals who live across various parts of Singapore. https://www.edgeprop.sg/property-news/seventy-units-sold-woodleigh-residences

Globe-trotting British designer Katharine Pooley talks about how her move into luxury interior design was sparked in Singapore, and how her years in banking gave her the discipline and skills to build an international business. (Apr 15): Award-winning British designer Katharine Pooley has travelled to almost every country on the planet. She has a thirst for adventure while on holiday, having crossed the Sahara on horseback and ridden a dog-sled to the North Pole. However, it is tiny Singapore, where she lived for three years, that is among her favourite places in the world. Pooley loves the city state’s greenery and gastronomy, but what makes it special is the fact that it was here that she made the leap from banking to interior design (ID). Since then, she has built up a portfolio that ranges from villas in the Middle East to a boutique hotel in China. Her client list includes the super rich and celebrities such as Janet Jackson and Richard Branson. Today, Pooley runs a 47-strong design studio out of London but still travels extensively as she has no less than 42 projects at the moment, mostly in locations far from the UK such as Qatar and Hong Kong. She was in Singapore at end-March as part of a working visit in Asia that included Bangkok, Kuala Lumpur, Jakarta and Shanghai. https://www.edgeprop.sg/property-news/travel-inspired-design

This is the third consecutive quarterly decline in HDB resale prices, but the cumulative decrease over the past nine months is about 0.5%, lower than the 0.8% fall that was recorded just in 1Q2018, says Christine Sun, head of research and consultancy at OrangeTee & Tie. “This may indicate that HDB resale prices have largely stabilised and buying sentiment has remained resilient.” As close to 30,000 HDB and Design, Build and Sell Scheme (DBSS) flats reach their Minimum Occupancy Period (MOP) this year, coupled with fewer Build-To-Order (BTO) flats coming onto the market, “we can expect demand to be invigorated in the next three quarters of 2019”, says Ismail Gafoor, CEO of PropNex Realty. “Furthermore, without the cash over value (COV), HDB resale flats will continue to serve as a desirable option as a matrimonial home for newly-wed couples.” https://www.edgeprop.sg/property-news/hdb-resale-prices-fall-03-third-consecutive-decline

A different kind of MRT map! Discover all the latest and upcoming launches within 500M of MRT stations. Download the high-res PDF version here by helping us out with a 1-min survey. Click http://tiny.cc/1wvn5y to get started

EdgeProp’s first International Property Show is taking place on 4 and 5 May 2019 at the Level 3 Concourse of Suntec Singapore Convention and Exhibition Centre. The two-day show features a specially curated list of renowned local and overseas developers and a skilfully crafted line-up of speaker sessions tailored to provide practical advice and tips on investing in overseas property. The International Property Show is an ideal starting point for first-time buyers who seek a better understanding of investing in overseas markets. The show is also fitting for seasoned investors as developers bring new opportunities and attractive deals to the show. Source: https://www.edgeprop.sg/property-news/edgeprop-first-international-property-show-happening-4-5-may-2019

I use EdgeProp because: 1. I feel more intelligent when speaking with my friends after reading EdgeProp articles. 2. The CEO is good looking. Is he single? (for proof, check out this article). 3. I can get a glimpse of the homes and lifestyles of the top 1% in Singapore. 4. Nas Daily doesn’t use it. 5. I can read about someone else's living room that is bigger than my entire apartment. 6. I need a place to hide my girlfriend in Bangkok. My friend told me EdgeProp has many property choices for me. 7. They are really in tune with the new launches market. I really appreciate that they do showroom tours videos, so that when I can't attend the condo preview I can watch the tours from EdgeProp's Facebook page. 8. I heard EdgeProp provides feng shui advice too. True ahh?! Enter your details here and discover the best property choices for your bazi. 9. I can get to know the Who’s Who in the property industry. 10. I am upgrading from HDB flat to private condo unit. I use EdgeProp to help me to make wise decisions on my condo purchase. Check out our research tool for comprehensive report & price trends of all types of properties. 11. I know a guy who wanted to sell his home and it was a good bargain. After getting in touch with EdgeProp's editor, they put up a story featuring his home. Now, even though he has sold his home, people still won’t stop calling him for the good deal. EdgeProp is the go-to point for the sale of property. 12. I like to look at their property photos, which stand out due to the unique white paper they are printed on. 13. I am undecided whether to buy an HDB or condo unit. EdgeProp is helping me to make up my mind. 14. I want to buy overseas properties for my children. I will also go to their International Property Show in May and acquire an overseas property at a discounted price. 15. It gets me more matches than on Tinder. 16. I... Show full article

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Daintree Residence The 99-year leasehold, private condo development previewed over the weekend of July 14 and 15 last year, and was the first new private residential development to hit the market after the implementation of property cooling measures last July 6. Located on Toh Tuck Road, the 327-unit Daintree Residence is in the quiet residential enclave in the Upper Bukit Timah area in District 21. The low-rise condo comprises one- to four-bedroom units of 534 to 1,459 sq ft in 12 five-storey blocks. Units on the first and fifth floors have a 4.3-metre loft ceiling, while other units feature a 2.9-metre ceiling height. Read More