Karamjit Singh, CEO, Showsuite

Karamjit Singh, CEO, Showsuite

13 May 2019
Powering Your Property: CPF housing loan changes and URA’s decision on Airbnb
Homebuyers will now have greater flexibility to use their CPF when buying older homes as long as the remaining lease of the property can cover the buyer until they turn at least 95 years of age. Meanwhile, the Urban Redevelopment Authority has decided to keep the status quo on for short-term stays in private property. What impact do these have on the property market? Karamjit Singh, senior consultant at JLL and CEO of Showsuite, shares his insights.

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6 May 2019
Powering Your Property: Amber Park, Laurel Tree & Sycamore Tree OK
Amber Park in East Coast is off to a good start, selling 115 of the 150 units  that were offered at launch - at an average $2,425 psf. It’s a strong showing compared to new projects in the vicinity, some of which saw single-digit sales at launch. What does this mean for upcoming properties in East Coast? Meanwhile, the party behind two unfinished projects - Laurel Tree and Sycamore Tree - has been put under receivership - sparking fears that there may be other such cases. Are such fears unfounded? Karamjit Singh, senior consultant of JLL and CEO of Showsuite, shares his insights.

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29 Apr 2019
‘The En Bloc Market Is As Good As Shut’
Powering Your Property: Laguna Park, off Marine Parade Road, makes a fourth en bloc attempt at a time when researchers say more than 30 en bloc attempts have failed since July’s cooling measures were introduced. What are Laguna Park’s chances? What would it take for Mandarin Garden to succeed if it attempts en bloc again? Karamjit Singh, senior consultant at real estate firm JLL and CEO of Showsuite, shares his insights.

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8 Apr 2019
‘The En Bloc Market Is As Good As Shut’
Powering Your Property: Laguna Park, off Marine Parade Road, makes a fourth en bloc attempt at a time when researchers say more than 30 en bloc attempts have failed since July’s cooling measures were introduced. What are Laguna Park’s chances? What would it take for Mandarin Garden to succeed if it attempts en bloc again? Karamjit Singh, senior consultant at real estate firm JLL and CEO of Showsuite, shares his insights.

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29 Apr 2019
Powering Your Property: Mismatch of residential take-up and launches in Q1
Developers launched close to 3,000 units in the first quarter, compared to the under 1,700 units launched in the 4th quarter of last year, according to the Urban Redevelopment Authority's quarterly figures. But they sold 1,838 units in Q1, which is similar to the 1,836 units sold in Q4. What impact will this have on launches and prices over the next few months? Meanwhile, Sim Lim Square is going en bloc - how attractive is this site to developers? Karamjit Singh, senior consultant at JLL and CEO of Showsuite, shares his insights.

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4 Mar 2019
Florence Residences Sells Close To 60 Units At Launch
The Florence Residences in Hougang released 200 units for its first phase of sales on Saturday, fewer than the 400 to 500 units that were expected to be released. Karamjit Singh, CEO of Showsuite, gives his reading of current market sentiments, while weighing in on the potential of a site at Clementi Ave 1, which has just been released for public tender.

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25 Feb 2019
Will Turning Sentosa Into Bali Help Rejuvenate The Island’s Property?
Turn Sentosa into the new Bali - that’s City Developments Limited executive chairman Kwek Leng Beng’s suggestion to the government. This comes as the island has seen languishing demand for its property; analysts say property values on Sentosa island have since fallen 30 per cent from the highs seen in 2010. Showsuite CEO Karamjit Singh shares his insights on whether this could work.

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28 Jan 2019
2019's First Home Launches Sell Over 30% Of Units
Powering Your Property: Three condominium projects, RV Altitude, Fyve Derbyshire and Allgreen Properties, saw over one-third of their released units sold. What does this level of interest reflect for the rest of 2019’s property sales? Karamjit Singh, CEO of Showsuite and senior consultant at JLL, weighs in.

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21 Jan 2019
Will Residential Sales Be Supply-Led In 2019?
Powering Your Property: Karamjit Singh, CEO of Showsuite and senior consultant at JLL, believes that’s the case with the pace and number of new launches this year. He also identifies which sectors of the market will reach equilibrium soon.

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14 Jan 2019
CapitaLand To Buy Ascendas-Singbridge For $11b
Powering Your Property: CEO of Showsuite and senior consultant at JLL Karamjit Singh says CapitaLand’s acquisition of Ascendas-Singbridge is especially significant because it consolidates geographical exposure, asset types and management expertise between the two companies.

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10 Dec 2018
Private Housing Supply Cut By 20% For H1 2019 GLS
Powering Your Property: The government cited an ample pipeline of upcoming housing supply from sites, that were sold via collective sales and public tenders. Showsuite CEO Karamjit Singh on why reducing supply is a necessary move.

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26 Nov 2018
Powering Your Property: Karamjit Singh On Anti-Money Laundering Rules And Goodluck Garden’s Court Ruling.

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