However, these facts have not prevented auctions from being one of the best and easiest ways to turn to in case of a default on the side of a borrower. This can be ascertained by the said increase in listing. In fact, Knight Frank’s will hold such an auction from Wednesday at the Amara Hotel commencing at 2.30 PM. On the list are the following properties:

Along the Kranji Link is an incomplete factory in Clementi Ave 1 Condo. This factory is among those on the Knight Frank’s list. The property is quite large. It has a warehouse, an ancillary office and a worker dormitory. They are all four storey buildings. The property being sold on an ‘as-is-where-is’ and being 107,640 sq ft. in size, attracts quite a good price of US$3.5-4 million. It has been categorized as Business 2 zone. It has a floor area to land area ration of 2.5. For the sale to be complete, it is needed that one obtains the Jurong Town Corporation approval as the property is leased from this corporation.

Clementi Avenue One Condo Auctions

Another Singland Homes Clementi Ave 1 Condo property that Knight Frank will auction is two units that are adjacent to each other. One is 194 q ft while the other is 172 sq ft. they are located at the Ming Arcade.Another mortgagee sale that is on the Knight Frank’s list is a shop unit at the Parklane Shopping Mall in Selegie Road. Located on the second floor of the mall, the hop is 258 sq ft and the indicated price is US $ 430,000-450,000. The mall has 57 more years to go in balance on the lease.

Knight Frank has also been tasked with auctioning a freehold property at the Sovereign in Meyer Road. The property has four bedrooms in Singapore Land Singland Homes. In addition it has a utility room. Located on the 21nd floor, it is going for between US$430, 000 and 450,000 as the indicated price. In addition, it still got tenancy in it.

Offer Price for West Coast Plaza UOL Condo

There is also a three story house that is semidetached in design that is up for an auction sale by Knight Frank. It I located in the chestnut/dairy area specifically the in Jalan Emas Urai area. In size, it IS 2,725 sq ft in size and comes with a 999-year lease. It also has a lift, an open roof terrace, four bedrooms and a maid’s room. Its guiding price is in the sum of US$ 3.6-3.8 million.On the 27th day of January, a two storey building, freehold in nature with a detached house will be auctioned by the Coliers International. It is located in the 45 Moo Chew Road in the upper East Coast/Bedok South area for Clementi Avenue One Condo. In size, it is 7,543 sq ft in size with seven bedrooms, a maid’s room and a study room. It guiding price is US$ 9.5 million.

Colier will also sell by auction a two storey terrace house. It is a freehold property, on sale by the owner and with a price tag of US$ 3.45 million. It is located at Bedok Walk. In size, it is 3,664 sq ft with four bedrooms and a maid’s room.

Singland Homes Clementi Ave 1 Condo

The last property in Clementi Ave 1 Condo the Coliers listing is the sale by a liquidator on the 15th floor of high street center at us4 1.35 million. An auction of a mortgage of about 807 sq ft unit located in The Interlace in depot road will be conducted. The indicative price is US4 1.2 million.

The JLL auction will also conduct several auctions on the Jan 28th. First is a 1,130 sq ft unit located on the 7th floor of Jardin on the Dunearn road. It has two bedrooms and a study center. The guiding price is between US$ 1.8 to 1.9m million.The last property is a 1,259 sq ft unit with 3 bedrooms and a maid’s room. It is located in Bayshore, and has a balance lease term of 76 years. It has a price ranging between US$ 1.15 1and 1.2 million.

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Residential leasing was in a slight decline this November, changing with a 1.1% decline in non-landed private home rents and a 0.5% drop in HDB rents.

SRX Property flash estimates show that rents fell 5.6% for non-landed private homes and 4.1% for HDB flats since one year ago.

Most tenants choose to take a shorter lease to profit from declining rents, noted ERA Realty exec Eugene Lim. This explains why there were more Qingjian Choa Chu Kang EC transactions inked when compared to the same month last year in month-on-month November residential rental transactions.

Choa Chu Kang Ave 5 Inz Residence EC

A probable 3,304 transactions for rentals with non-landed private homes were made in November. This was down 7.8% month-on-month, but up 12.6% from last year.

“Going forward into 2016, we can expect Choa Chu Kang Avenue 5 rental volume to remain firm as more and more tenants go for 12-month leases, which translates to more frequent transactions,” he said.

Ong Kah Sned, R’ST Research Director, noted that intensifying competitions between landlords particularly and the typically weak year-end period all have contributed to November’s weak Choa Chu Kang Ave 5 EC rental rate.

The preference currently is for one-year or even 10-month leases, instead of two-year spans, added Mr. Ong. “Foreign professionals who have uncertainty in their placement in Singapore, or who have high possibilities to be relocated to help their headquarters in making inroads in emerging Asian markets, prefer short leases.”

Qingjian Realty Choa Chu Kang EC Brickland

An unusual increase in Qingjian Choa Chu Kang Ave 5 Tender also recently added to the more severe weakness in suburban area or Outside Central Region (OCR) rentals.

Non-landed private units in the Outside Central Region lost the most by 7.4%, ahead of 3.5% in the Central Region (RCR), and 2.5% in the Core Central Region (CCR).

SRX Property flash estimates that in November alone, private non-landed units in the CCR, RCR, and OCR experienced rental declines of 0.7%, 2% and 0.7% respectively.

“As there were substantial Qingjian Choa Chu Kang Tender for Inz Residence EC as well as private residential properties completed in 2015 and 2016, it is expected that average non-landed private residential rents will fall by about 5% in the whole of 2015 and about 5% in 2016 as well,” Mr. Ong said.

Leasing conditions remain depressed in the private residential rental market. They continue to weigh down the HDB market, consultants observe.

Qingjian Realty EC

HDB rental transaction volumes gained 6.3% in November up to 1,822 flats which displayed a 3.9% increase from last year. Choa Chu Kang Avenue 5 EC by Qingjian Rents for all HDB flats fell in November, with three, four, and five room, and executive flats marking declines of 0.5%, 0.1%, 0.7%, and 2.5% respectively.

“Due to stiffer competition, HDB rents are expected to come under greater pressure going into 2016,” Mr. Lim said. But he noted that transaction volumes should remain high, because even a few expatriates have considered leasing an HDB flat instead of a private unit because of constraints in their relocation package.

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