Kevin Tan
15-10-15, 11:09
http://www.theedgeproperty.com.sg/content/more-residential-mortgagee-sales-jan-sep-2015-entire-2014-dtz
More residential mortgagee sales from Jan to Sep 2015 than entire 2014: DTZ
By Tan Chee Yuen / DTZ, The Edge Property | October 14, 2015 5:27 PM MYT
About 55 homes were put up for mortgagee sales from January to September 2015, exceeding the total for the entire 2014, according to DTZ.
The surge is due to consolidation and restructuring of the financial and commodity sector, volatile equity and commodity markets and foreign labour restrictions.
In the upcoming DTZ auction, some rare apartments to be put up for mortgagee sale include an apartment in the The Sail@Marina Bay and a pre-war apartment at Tiong Bahru.
The 1,755 sq ft apartment at The Sail@Marina Bay has an indicative valuation of $3.9 million. It is located on the 63rd floor and has a panoramic view of the Bay and CBD skyline.
Meanwhile, the privatized conserved apartment at Moh Guan Terrace, Tiong Bahru has an indicative price of $870,000. The 790 sq ft unit has a balance lease of 51 years.
http://www.theedgeproperty.com.sg/content/more-residential-mortgagee-sales-jan-sep-2015-entire-2014-dtz
More residential mortgagee sales from Jan to Sep 2015 than entire 2014: DTZ
By Tan Chee Yuen / DTZ, The Edge Property | October 14, 2015 5:27 PM MYT
About 55 homes were put up for mortgagee sales from January to September 2015, exceeding the total for the entire 2014, according to DTZ.
The surge is due to consolidation and restructuring of the financial and commodity sector, volatile equity and commodity markets and foreign labour restrictions.
In the upcoming DTZ auction, some rare apartments to be put up for mortgagee sale include an apartment in the The Sail@Marina Bay and a pre-war apartment at Tiong Bahru.
The 1,755 sq ft apartment at The Sail@Marina Bay has an indicative valuation of $3.9 million. It is located on the 63rd floor and has a panoramic view of the Bay and CBD skyline.
Meanwhile, the privatized conserved apartment at Moh Guan Terrace, Tiong Bahru has an indicative price of $870,000. The 790 sq ft unit has a balance lease of 51 years.
http://www.theedgeproperty.com.sg/content/more-residential-mortgagee-sales-jan-sep-2015-entire-2014-dtz