Residential Property
1 in 2 Singaporeans plan to buy a new home in the next 2 years
1 in 2 Singaporeans plan to buy a new home in the next 2 years
And 1 in 3 millennials have their eyes on luxury property.
Housing affordability to slightly worsen as prices increase: Moody’s
However, it will remain “sound” as low interest rates will counter the impact of the price increases.
Fraser Property to launch ‘wellness-inspired’ executive condominium
Parc Greenwich is slated to receive its Temporary Occupation Permit in 2024.
Capitaland and CDL unveil new landmark residence CanningHill Piers
The property is set to be launched in the fourth quarter of 2021.
Yanlord contracted sales to decline in 2021: OCBC
SGX-listed Yanlord Land reported a 67.1% increase in its PATMI in the first half of the year.
Project ‘rarity’, HDB resale prices boost demand for BTO flats: PropNex
HDB said there were 37,406 applicants for about 5,000 build-to-order flats.
Project ‘rarity’, HDB resale prices boost demand for BTO flats: PropNex
HDB said there were 37,406 applicants for about 5,000 build-to-order flats.
141 OCR condos sold above $2m in July
The Outside Core Central Region led the new home sales market last month.
New home sales nearly double in July to 1,589 units
This is the highest sales since January 2021.
Singapore is the 5th most active real estate investment market in APAC
Investment activity in the Singapore real estate market was up 97% in the first half of the year.
HBD offers 4,898 build-to-order flats
Experts expect projects at Queenstown, Hougang, and Kallang/Whampoa to be popular.
More than 5,000 condos rented in July
Most of the rented condos for the month were located Outside Central Region.
Condo resale volumes rebound by 68.2% in July
An estimated 1,817 units were resold in July, higher than the 5-year average for the month.
HDB resale prices jump 13.2% in July amidst ‘price bidding wars’
A total of 19 HDB flats were resold for at least $1m.
Chart of the Day: 87% of real estate execs point towards rising constructions costs as potential red flag
Potential risks include rising costs of construction, inflation, and interest rates that can lead to a negative impact on market sentiment.
Good Class Bungalow sales hit fresh peak at $1.2b in H12021
The GCB market could enter a renaissance period in the next 12 months.
Commentary
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