Residential Property
TEE International sells 63.28% stake in TEE Land to Amcorp Supreme for $50.62m.
TEE Land will cease to be a subsidiary of the company.
Chart of the Day: Chinese buyers dominate foreigner home sales in 2019
5.2% of home sales in January-November came from foreigners and PRs from China.
Land prices drop 8-20% after developers turn cautious in GLS bid
Prices in the Bartley site dipped 20% compared to the latest land sale in the vicinity.
Chart of the Day: Singaporeans take up four-fifths of home sales in 11M 2019
About 6% of 18,400 units were bought by foreigners.
HDB resale prices dipped 0.3% in December 2019
The 3-room flats recorded the sharpest decline in prices at 0.8%.
COVE's co-living spaces are 45% cheaper than market prices
They offer an average monthly cost of $1,700.
Hong Kong serviced accommodations firm Dash Living to launch 200 coliving units
This marks its entry into Singapore.
Chart of the Day: Home price growth moderated to 0.3% in Q4 2019
The absence of new launches in the RCR weighed on overall prices.
Chart of the Day: HDB resale prices up 0.4% in Q4
The ongoing home improvement programme may have hiked demand for older flats.
Chart of the Day: NPL ratio for housing to stay within 0.4%-0.5% in 2020-21
Mortgage rates are not expected to rise in the near future.
The rest of Central Region could be 2020's property hotspot
New launches in this region accounted for 47.5% of all new launches – despite it only occupying 15% of Singapore’s land area.
Chart of the Day: Mortgage lending to climb 2% in 2020 and 2021
Slowing population growth and the possibility of cooling measures will limit growth.
Home prices growth tipped to remain at 2% in 2020-2021
Most Asia Pacific countries saw a continued use of macroprudential measures in 2019.
Easing property curbs unlikely as election nears: analysts
House developers want curbs loosened to fix unit glut.
Private homes sales up 23.2% to 1,147 units in November
Mixed residential developments were the most popular among home buyers.
Keppel Land partners with Indian developer to build Mumbai township
Keppel Land will acquire a 49% stake in the JV company for $78.2m. Keppel Land has entered into a joint venture (JV) with Indian developer, Rustomjee...
Read Here
Advertise
Sign Up
Commentary
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape