Had been considering converting some of my warrants to the mother shares, but do not have the experience of doing so. Thus had been googling and found these 2 links to be a good guide:
http://wealthbuch.blogspot.sg/2010/09/how-to-exercise-your-warrant-options.html
http://www.sgx.com/wps/wcm/connect/sgx_en/home/depository/retail/FAQ/warrants/Exercising+My+Warrants
Saturday, April 20, 2013
Friday, April 19, 2013
Cheap Singapore freehold landed properties???
Reported in the news on some cheap freehold LANDED properties in Singapore
Question is, are these really real deals at market rate?
Let's take a look at those below $1000 PSF.
Westerhout road is right in the middle of Red light District Geylang, between Lor 16 and 18. Thus it is cheap for a reason. Good for rental perhaps, but probably not ideal for self-stay.
The article itself mentioned that the King's Road deal is probably a related-person transaction and does not reflect market value.
Primrose Avenue (2nd last column is the PSF). Again, doesn't really reflect market value:
Ceylon Road also doesn't reflect market value:
The list published are most likely very run down houses, or related-person transactions.
Question is, are these really real deals at market rate?
Let's take a look at those below $1000 PSF.
Westerhout road is right in the middle of Red light District Geylang, between Lor 16 and 18. Thus it is cheap for a reason. Good for rental perhaps, but probably not ideal for self-stay.
The article itself mentioned that the King's Road deal is probably a related-person transaction and does not reflect market value.
Primrose Avenue (2nd last column is the PSF). Again, doesn't really reflect market value:
| Terrace House | 1 | 2,300,000 | 1,993 | Land | 1,154 | Jul-12 |
| Terrace House | 1 | 3,350,000 | 2,108 | Land | 1,589 | May-12 |
| Terrace House | 1 | 1,080,000 | 2,112 | Land | 511 | Dec-12 |
| Terrace House | 1 | 3,550,000 | 2,651 | Land | 1,339 | Aug-11 |
Ceylon Road also doesn't reflect market value:
| Terrace House | 1 | 2,750,000 | 1,779 | Land | 1,546 | Nov-12 |
| Semi-Detached House | 1 | 3,928,000 | 3,339 | Land | 1,176 | Mar-12 |
| Semi-Detached House | 1 | 3,100,000 | 3,095 | Land | 1,002 | Dec-11 |
| Terrace House | 1 | 1,200,000 | 1,757 | Land | 683 | Dec-12 |
| Detached House | 1 | 5,200,000 | 4,635 | Land | 1,122 | Feb-13 |
| Terrace House | 1 | 2,528,888 | 1,801 | Land | 1,404 | Jul-12 |
| Terrace House | 1 | 1,200,000 | 1,781 | Land | 674 | Oct-12 |
| Terrace House | 1 | 4,038,000 | 2,350 | Land | 1,718 | Mar-12 |
| Terrace House | 1 | 2,850,000 | 1,763 | Land | 1,616 | Dec-11 |
The list published are most likely very run down houses, or related-person transactions.
Singapore Property News that you can use
Some recent data published in news recently that caught my attention.
1) List of Private Properties launched in 2012 and their average launch price
3) Rock structure of Singapore Land. Useful if you are paranoid of earthquakes.
1) List of Private Properties launched in 2012 and their average launch price
Fret not if you can't see clearly. All the data are available at URA. Follow this link:
2) List of Private Properties launched in 2013 and their average launch price
3) Rock structure of Singapore Land. Useful if you are paranoid of earthquakes.
Subscribe to:
Posts (Atom)
Posts
