Residential Property
Banyan Tree net profits up 33% in 2024
Banyan Tree net profits up 33% in 2024
The group attributed this to a 15% increase in operating profit.
Condo resale volume drops 9.2% MoM in January
The volume was 14.3% higher year-on-year.
Condo resale prices rise 1.6% MoM and 6.1% YoY in January
All submarkets reported price increases.
Frasers Property jointly secures Songjiang residential site for $152m
The site will be developed into 189 low-rise homes.
CDL’s PATMI sinks 36.5% YoY in FY2024
Revenue for the period dropped 32.6% YoY.
City Developments Limited requests a trading halt
It was requested on 26 February, 8:02 am.
Beyond shared spaces: How shared living can transform well-being in Singapore
The future of urban living in Singapore is being quietly revolutionised in unexpected places especially in how we live.
PropNex’s FY2024 net profit drops 14.4% YoY to $40.2m
The decline was due to lower commission income from project marketing services.
Private home sales triple in Q4 2024 as rates decline
The Rest of Central Region (RCR) led the growth, with sales rising from 391 units in Q3 to 1,859 units in Q4.
ELTA sales marks Clementi’s enduring appeal amongst homebuyers
Two-thirds of its 501 units were already sold.
River Valley Apartments sells for $56m
It was sold in a tender exercise that closed on 18 February 2025.
PARKTOWN Residence sells over 87% of launched units
The average price for the sold units is $2,360 per square foot.
MCL Land’s ELTA sells 326 units during launch
The two-bedroom units emerged as the most sought-after.
UOL unit, China Jinmao wins tender for Shanghai residential site
The acquisition will expand UOL’s development footprint in China.
Far East Hospitality Trust expands into Japan with Sheraton hotel purchase
The company will acquire Four Points by Sheraton Nagoya for $52.8m.
Thakral’s GemLife to build Australia’s first vertical land lease community
The project is worth $384m.
Singapore private residential rents stabilise in 2024 after sharp growth
The average monthly rent for luxury condominiums in Savills’ basket increased by 1.7% QoQ in Q4/2024.
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