Residential Property
New home sales soared 75.5% MoM in May: URA
New home sales soared 75.5% MoM in May: URA
This appears to be largely driven by locals and investors.
Hmlet opens five branches in Tokyo
The co-living space operator also picked internally for new CTO and CFO.
Chart of the day: Launched units in CCR surged 63.6% in Q1
This was mainly led by the high takeup rate for The M.
Chart of the Day: Private home volume fell 14.4% QoQ in Q1
This is attributed to the slowdown in housing demand.
Chart of the Day: Non-landed property prices slid 1% QoQ in Q1
This is the second consecutive quarter of decrease for the Non-Landed PPI.
Condo rents fall 1.4% in May
This is led by the decline in all three regions.
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.
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