Residential Property
UIC profits skyrocketed 186% to $490.4m in H1
UIC profits skyrocketed 186% to $490.4m in H1
Higher sales from trading properties, hotel operations and technology operations boosted earnings.
HDB resale transactions jumped 29.8% in Q2
Changes to the CPF may have stoked demand for HDB resale flats.
Private home prices rose 1.5% in Q2: URA
Condo prices rose 2% whilst landed property prices fell 0.1%.
HDB inks deals to develop cooler and smarter homes
The trials for cooling innovations in HDB flats will start in Q1 2020.
Chart of the Day: New condo sales volume could jump 33% in Q2
It was led by new sales in the Rest of Central Region (RCR) area.
Chart of the Day: Total property investment sales hit $9.8m in H1
Public investment sales dipped by 56.6% QoQ to $957.5m in Q2.
Two-storey Belmont Road GCB for sale at $42m
It has a land area of 27,000 sqft and floor area of 15,714 sqft.
Developer sales in June up 25% to 821 units
The growth was driven by Sky Everton which sold 134 units at an average $2,523 psf.
CapitaLand's One Pearl Bank preview lures 4,000 visitors over the weekend
774 units are up for sale with prices starting at under $1m.
Chart of the Day: GCB sales crashed 45.3% to $211.9m in H2
Its median unit price also fell 25.8% to $1,166.
Condo rents up 1.9% in June
Rents in the CCR led the increase at 2.7%.
Resale condo prices up 1.6% in June
The number of units resold crashed 41.8% YoY to 666.
Chart of the Day: Posh home sales down 27.3% to 104 units in H1
Sales of luxury homes valued above $5m and good class bungalow both fell.
Clementi Avenue 1 site receives top bid of $491.30m
It is the first public tender launched since the ABSD increase for residential land.
HDB resale prices increased by 0.1% in June
Total transactions dipped 8.7% to 1,895 resale flats.
Yanlord nets $280m in pre-sales of Yanlord Gardens
It sold all 357 units within the first day of the launch for around $5,625.86 psm.
Chart of the Day: Unsold residential inventory hit 37,800 units in Q1
This is above the long-term historical average of 32,400 units in Q1 2007.
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