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.
Resale home volume drops to a three-year low in 4Q23
Only 2,586 units exchanged hands last quarter.
Demand for affordability is keeping HDB rental prices in check
Rents may have edged up in December but will still likely stabilised, analysts said.
Condo rental price decline to continue until end of H1
Landlords competing for tenants will sustain the decline in January.
HDB resale transactions to be muted in December: experts
Experts cite two factors for the slowdown.
Analysts mixed on December BTO exercise
HDB launched 6,057 new BTO flats for sale.
2024 launches to yield up to 8,800 units
The 2024 figure will be 15.8% higher than units launched in 2023.
Prices of private homes to rise modestly in 2024: expert
OrangeTee said there will be a moderate rise in new home sales next year as well.
Landlords to face reduced rental income amidst looming property tax hike
For buyers, on the other hand, the tax increase may be management, said experts.
HDB rental prices to grow moderately in 2024 as demand stabilises
For 2024, OrangeTee expects prices to only rise around 3%-5%.
Significant increase in house supply drags private rental price growth
In October, rents declined by 0.2% MoM.
Private rental transactions likely to fall below the 10-year average in 2023 and 2024
The supply ramp-up of 28,600 new properties has taken a toll on the rental market.
Resale condo prices to moderate in coming months
Price gains may be capped at around 8% in 2023.
New home sales to rebound in November after lacklustre October: experts
Transactions fell 6.5% MoM in October, marking the third consecutive month of decline.Â
New home sales dip 6.5% MoM in October
October’s sales tally is the lowest in 2023.
Resale condo prices rise as sellers hold firm to asking prices
In September, prices rose 0.8% MoM despite a drop in transactions.
Private residential resale volume slips 12% YoY to 2,748 units in 3Q23
For 2023, OrangeTee expects resale volume to reach 10,000-12,000 units.
Fewer HDB upgraders bought condos for at least $5m in 3Q23
Only 12 units were transacted for at least $5m.
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