Residential Property
Condo resales plummeted 80% in May
It suggests that condo resale may be highly dependent on physical viewings, an analyst said.
Frasers Property secures $350m green loan
This will be Singapore’s first green loan for executive condo development.
Ascott Residence Trust joins FTSE EPRA Nareit Global Developed Index
This is said to broaden ART’s reach to international investors.
HDB resale up 1.3% despite volume plunge in May
Resale deals dropped 82.7% to only 364 transactions.
Chinese property sales shrink 2.6% YoY in April
The property sector is starting to show more activity as sales recover.
Chart of the Day: Resales of small HDB flats slipped 10% in Q1
Resale transactions for larger flats declined by a smaller magnitude.
Property investments down 78% YoY to $613.79m in Q1: study
The number of deals crashed 32% during the quarter.
Condo rents up 1.8% in April
CCR led the pack as rents rose 2.4% YoY.
Chart of the Day: Prime grade office rents down 1.1% in Q1
Occupancy rates at new office completions remained muted at below 35%.
Condo resale volume more than halved in April
But figure should be seen as “encouraging” given that physical viewings are prohibited.
Chart of the Day: HDB resale prices tipped to decline 1.3% in 2020
This may be attractive to some buyers looking for cheaper homes amidst uncertainties.
Chart of the Day: 2020 posts highest first-quarter resale volume in eight years
Over 5,500 units were resold, higher than the average of 4,195.
Raffles clinches $1.13b township development project deal in Bangladesh
The project involves the development of 50 acres of land in Trust Green City.
Expats ask for lower rents as crisis hits wages
Singapore’s property market is usually dominated by foreigners.
HDB resale volume plunged 78.1% to 423 deals in April: SRX
An analyst noted that this could be the lowest sales volume ever recorded.
Home prices may further drop in Q2
More sellers are likely to move their asking prices down as the circuit breaker extended.
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