Residential Property

Bob Tan to retire as board chairman of CapitaLand Ascott Trust

Lui Chong Chee will succeed Tan on 22 April 2024.

Bob Tan to retire as board chairman of CapitaLand Ascott Trust

Lui Chong Chee will succeed Tan on 22 April 2024.

What Singapore’s property developers can learn from Japan’s Azabudai Hills

The US$4b development seeks to become an international hub for foreigners and VCs.

Hongkong Land Holdings posts US$582m net loss in FY23

The company attributed its loss to a gradual decline in its prime office portfolio valuation.

Foreign demand for non-landed luxury homes wanes

Transactions by foreign purchasers fell by 50% to 13 in 2H23.

How much of HDB rental costs can the government's new subsidy scheme cover?

Eligible Singaporeans can receive $300 vouchers monthly to rent HDB flats in the open market. 

About 10,000 flats set to rise in new housing area in Yishun

Eighty per cent of the units will be for public housing.

Young couples to enjoy lower Initial down payment for HDB flats 

The government has reduced the initial down payment to 2.5% of the flat price. 

Island View in Pasir Panjang to relaunch with a lower reserved price of $532m

The property was previously put up for sale on 19 September 2023 but received no bids.

TID sells 19% of Lentoria at $2,125 psf

Majority likely bought for their own use.

CapitaLand aims to grow Vietnam residential units to 27,000 by 2028

CLD plans to focus on large-scale projects in Hanoi, Ho Chi Minh, and Binh Duong.

Lumina Grand sells 61 units on second balloting

The project has now sold close to 70% of its units.

PropertyGuru rebounds with $1m net profit in 4Q23

In 4Q22, the proptech company posted a $5m net loss.

Will lower LBC rates in the CCR boost en bloc sales?

Sector 43 recorded the largest LBC drop for non-landed homes at 19.2%.

SLA revises land betterment charge rates

The agency made adjustments for five use groups.

Centurion’s net profit after tax soars to $175.9m

The FY23 net profit is 131% higher than the FY22 record.