Residential Property
Chart of the Day: Posh condo units bought by foreigners rose 3ppt to 12%
Chart of the Day: Posh condo units bought by foreigners rose 3ppt to 12%
Condos bought by foreigners surged 46.7% to 361 units.
Home price hikes could persist until Q3 2020
Although prices normally rise for 8.7 quarters, global headwinds could suggest shorter growth.
Chart of the Day: Tiny condo units took up 80% of new sales in Q3
The percentage of units smaller than 500 sqft climbed to 15.1%.
Chart of the Day: Share of condo units sold to HDB upgraders fell to 30%
Sales volume of buyers with HDB addresses fell 3.4% to 1,232 units.
Uncompleted home listings surged 45% to 3,628 units in Q3
62.7% or 2,275 units were from 12 newly launched projects.
Chart of the Day: RCR takes up bigger share of sold new condos priced above $3m in Q3
The recently launched Avenue South Residence sold 26 units sized 1,000-1,500 sqft.
Chart of the Day: Condos priced below $1m dominates OCR resales in Q3
Buyers were able to purchase bigger units in the resale market compared to the new sale market.
Chart of the Day: Condo resales down 8.5% to 1,855 units in Q3
This may be due to an increase in new condo launches.
S-REITs double equity offerings for 2019 with $6.1b raised so far
Ascendas REIT’s $1.3b rights issue will be the largest to date upon completion.
Chart of the Day: Mainland Chinese made up 18.8% of NPR home buyers in Q3
They bought 10 more units in Q3 compared to the previous quarter.
Private home sales crashed 26.9% to 928 units in October
The absence of major launches outside CCR dragged down sales volume.
Chart of the Day: Almost half of condo units sold in Q3 priced $1m-$1.5m
This is a result of an increase in the proportion of smaller units being sold.
New condo sales jumped 49.2% to 3,198 units in Q3
All regions recorded growth in new sales, with the largest surge being seen in OCR.
SPH buys 284-bed student dorms in Germany for $23.3m
The property is located in Bremen University which houses a population of 19,000 students.
City Developments profits down 33.7% to $114.96m in Q3
The property development segment generated lower gross profits.
Cromwell EREIT's Q3 NPI jumped 32.3% to $42.69m
Net income from office assets surged 76.6% to $23.26m.
Condo rents up 4.2% in October
CCR rents took the lead as it grew 6.3%.
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