Residential Property
Home price hikes could persist until Q3 2020
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%.
HDB rolls out 8,170 flats for sale
The BTO projects span across Ang Mo Kio and Tampines.
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