OrangeTee
OrangeTee is a real estate enterprise in Singapore providing a one-stop solution to the real estate needs of both corporate and individual clients.
See below for the Latest OrangeTee News, Analysis, Profit Results, Share Price Information, and Commentary.
Lack of new launches pulls down new private home sales in August
Sales volume dipped by 47.6% MoM.
What can push rental demand for condos and HDB flats?
Demand for housing will not “rebound too significantly,” says an expert.
Abundant land supply, high interest rates trigger lower bids for Lentor sites
Property experts warned of heightened macroeconomic challenges.
Holiday activities, rising interest rates to blame for low condo resale volume
Condo resale volumes declined 14.5% month-on-month in August 2022.
Number of HDB’s flats went up by 8.9% in August
HDB released 4,993 flats in August.
Supply of suburban integrated developments still low: analyst
Number of developments launched were only 19.
More affordable housing awaits Singaporeans after Paya Lebar Air Base relocation: expert
About 150,000 new homes can be built in the area once the base is moved out.
Is HDB resale a good investment?
OrangeTee’s Dallas Hassan and Huttons Asia Real Estate Groups’ Lee Sze Teck answer frequently-asked questions on HDB.
Rising interest rates push buyers out of the resale market
In July, condo resale volume dropped 6.7% MoM.
Rising interest rates push buyers out of the resale market
In July, condo resale volume dropped 6.7% MoM.
Crash ahead? Residential sales to take a hit from banks’ increased fixed-rate home loans
Home loan rates now range from 2.75% p.a. to 3.08% p.a.
Private home sales in mid-tier market jumps 44.4% QoQ in Q2
Both new sales and resale volume increased during the quarter.
HDB rents to rise by 16%-18% by yearend
Rents went up 18% year-on-year.
Average price of new luxury condos dips to $2,782 psf in Q2
This translates to a 1.1% decline from Q1.
New homes sold in mass market dip 16.6% QoQ in Q2
OrangeTee said the decline was due to the lack of new launches.
Foreign purchases of private homes soar by 102.8% in Q2
Most non-local buyers were from Mainland, China.
Private residential prices to increase up to 8% in 2022
Prices already rose at a faster pace in Q2, rising 3.5%.
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