Residential Property
Non-landed residential DC rates trimmed 0.3% after September review
Non-landed residential DC rates trimmed 0.3% after September review
Sector 112 DC rates fell 7.4% due to the disappointing bid price for Clementi Avenue 1 GLS.
Parc Clematis sold 70% of units in weekend launch
Units were sold for an average selling price of $1,580 psf.
Chart of the Day: Posh private home transaction volumes crashed 33.8% in H1
GCB sales plunged 45.3% in the first half of the year.
Bartley Road GLS tender may get top bid of $100m
The residential site is expected to attract five to eight bidders.
UOL Group launches Avenue South Residence for preview
300 units will be launched with an average price of $1,780 psf to $2,250 psf.
Bukit Sembawang to launch preview of Luxus Hills
Houses can be leased with a 20% down payment or reserved with a 10% deposit.
City Towers sold for $401.9m after four en bloc attempts
The property has 77 apartments units and a maisonette.
Hong Kong investors reject Singapore for cheaper property markets
Malaysia, Thailand and Taiwan are luring investors.
Oxley full-year profits halved to $146.2m
Lower revenue contribution from their UK project hit earnings hard.
Co-living operator Hmlet launches 150-room facility
Weekly stays cost between $1,105 to $2,240.
Foreigners snapped up 23% of month-to-date private condo purchases
Buyers from China, Hong Kong and Taiwan and unspecified origin accounted for 16% of the transactions.
Proptech startup UrbanAgents aims to match buyers to elite agents
It only enrolls the top 5% of firms’ agents to its platform, who get minimum commission fees of $1,888.
Chart of the Day: Sold luxury condo units hit record-high to 137 in Q2
The highest unit price rose over $5,125 psf for a penthouse in Boulevard 88.
Chart of the Day: These condo projects sold the most units in Q2
Amber Park sold out 157 units at an average price of $2,480 psf.
Private project launches up 23.1% in Q2
Eight projects came from the Rest of Central Region.
Chart of the Day: Secondary sale transactions plunged 62.35% to 1,840 units
Buyer sentiment was down in Q2.
Chart of the Day: Foreigners snapped up 18% of total apartment purchases in Q2
There was a surge of demand from China, Hong Kong, and Taiwan.
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
Singapore’s next 60 years begin by strengthening its foundations for AI
Competing on value, not price: Why managers must rethink customer propositions
AI models are hungry for your data, so don’t just give it away