Residential Property
Private home sales plunged 38.6% in Q4 2019
Private home sales plunged 38.6% in Q4 2019
Developers held back launches during the festival season.
Keppel Land China to co-develop Taicang residential site for $469m
The site is expected to yield more than 1,000 residential units.
Keppel Land acquires 49% stake in Taicang residential site for $97m
Taicang Xuchang Property will become an associated company of Keppel Corporation.
Half of Singaporeans unfamiliar with home loan paperwork
Two in five did not know that they can refinance their home loans.
HDB scraps ROF exercises for unsold flats
Unselected flats from SBF exercises will be offered straight for open booking.
HDB resale prices up 1% in February
Five-room inched up by 1.2% and executive rooms rose by 0.9% YoY.
URA closes tenders for sites at Canberra Drive and Fernvale Lane
A Canberra Drive site got the highest bid of $644 psf ppr from Oasis Development.
Chart of the Day: New home sales to fall between 7,000-8,000 in 2020
Prices are expected to stabilise with a 0%-1% growth.
Yanlord's profit down 5% to $664.88m in 2019
Pre-tax profit decline was blamed on decrease in gross profit and increase in finance cost.
New completions to ramp up residential vacancy rates in Q1
This could cause prices of nearby older homes to stagnate.
Top 3 S-REITs' returns hit 26.9% in 2019
These trusts also collected a combined market cap of over $20b.
Far East H-Trust may reduce rents amidst slowing demand: report
RevPAR is expected to be lowered to -12% over slower occupancies in 1H20.
New home sales surged 41.4% in January: URA
The take-up was led by projects in the RCR.
Condo rentals rose 0.9% in January
CCR rents saw the highest growth for the month.
HDB rents up 0.8% in January
Three-room flats saw the highest growth for the month.
Tiong Seng bags two home development contracts worth $123.9m
They will construct six 12-storey apartment blocks at the Hollandia site.
Condo resale prices up 2.3% in January
RCR condo resale prices led the increase as it grew 2.6%.
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