Residential Property
Selling prices for private properties grow by around 3%-5% in Q2
Selling prices for private properties grow by around 3%-5% in Q2
The strong takeup in new condo launches boosted prices during the quarter.
No recovery yet for HDB resale demand since cooling measures: analyst
HDB sales are 11.3% lower and below the 12-month average.
Ascott acquires first lyf-branded co-living property in Tokyo
The property will be acquired through the Ascott Serviced Residence Global Fund.
July posts 33 million-dollar flats sold – second-highest in a month
This number accounts for 1.4% of the total resale volume in July.
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.
Shophouses, residential building up for tender on 2 August: PropNex
Tender sales for the properties will close on 9 and 7 September, respectively.
Hongkong Land posts $292m profit in 2022 H1
This is an improvement from $865m loss in the same period last year.
Property market to see ‘relatively’ strong, yet slower growth
Investment sales are expected to exceed $30b in 2022.
Orchard Bel Air on collective sale for $587.5m
The 36-storey site is on sale through public tender until 6 September.
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.
The Beaumont relaunched for sale for $468m
The property will be sold via public tender.
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.
Auction listings soar by 47.5% QoQ to 118 in Q2
Almost half of the listings were recorded following the Fed’s interest rate hike in June.
Why buyers swarmed to secure a unit at AMO Residence?
The project sold over 98% of its units on the first day of its launch.
Outside Central Region’s (OCR) first major new launch, AMO Residence, was...
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