Residential Property
Private condo rents dipped 0.7% in October
Rental volumes fell 1.7% to 4,207 rented units.
UOL profits plummeted 85% to $92.81m in Q3
Revenue from property development crashed 43% to $164.96m due to the completion of some projects.
HDB launches over 7,000 flats for sale
Prices range from $87,000 for a two-room Flexi SBF unit to $472,000 for a five-room BTO flat.
Private condo resale prices dipped 0.4% in October
Resale volume rose 3.7% to 703 units resold.
Oxley leases No. 2 Dublin Landings for $166.32m
Oxley will be entitled to 76.84% of the price, which covers a 300-year lease.
Revised shoebox unit policy may spur buying frenzy: analyst
Buyers may rush to snap up such units, which they can sell at a higher price in the future.
Investors' outlook remain bleak as dropping yields hit property sector
Total returns may decline by as much as 4% per annum if capital appreciation trends between 1-2% downwards.
HDB resale prices down 0.2% in October
HDB Executive prices slipped 2.2%.
CapitaLand's China home sales hit $396.7m in October
The Metropolis in Kunshan saw the highest sales of $150.29m amongst the four launches.
Price hikes of prime properties in Singapore rally to world's highest in Q3
Prime prices grew 13% in just a year, surpassing rates in Edinburgh and Madrid.
GuocoLand profits plummeted 85% to $26.1m in Q1
Profit shares from associates and joint ventures crashed 92% to $13.5m. GuocoLand’s profit slid 85% YoY to $26.1m in its Q1 FY18/19 from $171.79m, an...
HDB resale applications jumped 21.6% to 7,063 in Q3
Transactions for HDB four-room were highest with 2,828 units involved.
Private home prices moderate to 0.5% growth in Q3
Private condo prices in the CCR rose 1.3%.
Chart of the Day: Singapore's property returns poised to beat that of US and UK
However, it lags behind Australia and Hong Kong.
Developers bear the brunt of new policy on shoebox units
They might have to sell larger units at a cheaper price to shift stock.
Developers bear the brunt of new policy on shoebox units
They might have to sell larger units at a cheaper price to shift stock.
Read Here
Advertise
Sign Up
Commentary
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape