Residential Property

The matter will be debated in the Parliament.

Resale volume dropped 14%MoM in December.

A total of 661units were resold during the month, down from over 760. 

Almost 100 listings were recorded in the past quarter.

The portfolio is titled The Crest Collection.

Its gross profit also went up 80% during that year.

URA showed prices rose at a marginal pace.

In 2022, volume declined by 25%.

Price increases slowed to 2.3% in the fourth quarter.

This is also the slowest increase in the past year.

In 2021, prices increased by 10.6%.

This as monthly home sales continue to decrease.

This is linked to the large influx of supply and weaker economic performance. 

It takes effect on 1 March 2023.

The trust is in discussions to extend the deadline of the loans.

Asking help from bank lenders will be challenging this year.