You are viewing:-
you're reading...
1.Market Observations

31 Oct 2012 (AFR) – Singapore home sold for $25 million

(31 Oct 2012, AFR, p43, Pooja Thakur)

‘A bungalow in Singapore’s exclusive Sentosa Cove area has been sold for a record price a square foot, amid signs of a housing bubble.’

‘The home, built in 2007 on Ocean Drive, was sold for $S32.5 million ($25.7 million), or $S3214 per square foot, on October 12, sales records from the Urban Redevelopment Authority show. The per-square-foot rate, based on the home’s land area of 10,111 square feet, was a record, Nicholas Mak, executive director at SLP International Property Consultants, a real estate broker, said.’

Read more at AFR.com (might need AFR login access)

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: