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They are missing the picture by focusing on communication and spin rather than on better corporate governance, argues Fitch MD Andrew Steel.

This as an iProperty.com survey that showed Singaporeans were anxious over the yet to be announced housing policy. 

The first new condo offerings for the month of July are City Development’s Blossom Residences at Segar Road and Qingjian Realty’s RiverParc Residence at Punggol. Both are executive condominiums  hoping to achieve similar success made by Belysa. 

But analysts breathe a sigh of relief that new capital levels not too tight.

Showflats for the 283-unit freehold apartment by Bukit Sembawang View will be ready on Friday, July 1 but while it almost has what it takes for buyers not to miss it, market watchers also cite downsides.

185 out of 410 units were snapped up since June 24 launch, said agents from Huttons Real Estate Group which market the five-storey condominium.

Only three units were added to date to the 17 snapped up on the first three days of launch since June 10.

There remain 10 out of 78 units for sale for the project located at Sims Avenue when it was actually expected to sell out on June 17 launch like Fission Capital’s “Centra Heights”- a 90-unit new condo within the vicinity which was fully snapped up on April 18 preview.

The asking price for a one-bedroom unit of size ranging from 388 to 441 sft starts from $400,000+ or $1,000+ psf on the average, sources from Huttons Real Estate Group said.

Only 11 out of the 680 units are left but asking price is quite more expensive now at $717.68 per square foot (psf) than the $660 to $690 psf six months ago.

Singapore Airlines may impose another round if spikes in oil prices continue despite having already raised fuel surcharges three times this year, a spokesperson said. Analysts however warn that raising it further will eventually cause SIA to lose larger market share to the budget carriers.

Macly Equity is holding a preview of the 78-unit freehold apartment at Sims Avenue on June 17 (Friday) and is expected to replicate the performance of Fission Capital’s Centra Height - a new condo located within the vicinity which was fully snapped up on April 18 launch.

The asking price for the 100-unit Nassim Road project which was just completed in the first quarter is down to $13 million from April’s $16.25 million on the average according to marketing agents of CB Richard Ellis (CBRE).

City Developments Ltd (CDL) is set to release its latest project which is said to present a marriage of contemporary modern and old designs on Friday, June 10.

The 69-unit property have only seen boost in sales in the last week of May after cautious mood over the general election quite eased, according to a property agent from Huttons Real Estate Group.

Does this signal slowdown in demand for non-landed properties? Or is it a risk that Wing Tai has to face for attempting to set new price mark at the Upper Bukit Timah area?