Residential Property
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.
Private home prices climbed 1.3% in Q2: URA estimates
The quarterly gains is thanks to the take-up in new property launches.
HDB resale prices dipped 0.2% in Q2
Older flats of more than 30 years old find it difficult to attract buyers.
930,000 HDB households to receive next round of U-Save vouchers in July
One and two-room flats will receive utilities rebates of $100.
URA launches three residential sites under H1 GLS programme
Together, the three sites can yield about 1,545 residential units.
China's property market to rebound in H2 2019
Over 36,000 new houses were sold in 30 cities in mid-June.
Oxley forms JV with Malaysian developer Aspen
The JV will acquire 29.05 acres of freehold land for $3.2m.
Yanlord's Shenzhen apartment hits $280m in sales
It sold 283 units at an average selling price of $10,055.69 per sqm.
Singapore overtakes Hong Kong in cross-border commercial property investments in Q1
Investment from the city rose 23% to US$21.8b in the 12 months to Q1 2019.
China's home property market to witness 3.4% growth through 2028
It already rose 16.8% YoY in April 2019.
Two exclusive Good Class Bungalows in Districts 10 and 21 up for sale
The sites have a guiding price of $48m and $43.8m, respectively.
Luxury homes buck residential sales decline in May
Sales have come to a relative standstill, with the exception of homes priced above $2,000 psf.
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