Residential Property
City Developments profits surged 133.8% to $199.56m in Q1
The $144.3m pre-tax gain from the Manulife Centre divestment pushed up earnings.
Chart of the Day: Rental transaction volume up 4.9% to 21,426 in Q1
There were less vacant flats in Q1, pushing up occupancy rates to a five-year high.
Luxury home sales take off in Q1
New non-landed homes in CCR skyrocketed 82.4% to 186 units.
CapitaLand unveils rooftop garden design for 39-storey One Pearl Bank towers
About 18 gardens with 200 plots in total will be arrayed vertically at one edge of each tower.
Previews of freehold mixed-use development Parc Komo to open on 18 May
It has 10 blocks of five-storey apartments with 28 commercial units.
Condo resale prices rose 3.6% in April
Prices in the OCR grew 4.5% YoY.
CPF and HDB loan changes give buyers more flexibility
Potential buyers can now qualify for a wider choice of developments.
Chart of the day: Which non-mature estates saw the highest resale transactions in Q1?
The towns with the most transactions are Woodlands, Jurong West and Yishun.
Pearl Bank Apartments to be digitally archived ahead of redevelopment
Drone and 3D scans of the site will be used for future urban development research.
HDB resale prices fell 0.4% in April
This could be attributed to price weaknesses amongst older flats in mature estates.
URA holds firm on short-term stay status quo
The minimum stay duration for private residential properties will stay at three months.
Chart of the day: Check out which estates saw the highest resale transactions in Q1
All locations saw more than a hundred transactions in Q1.
St. Francis Court up for en-bloc at $95m guide price
The 34,111.12 sqft site comprises a single 11-storey apartment block with 71 units.
Older flats defy depreciation concerns as sales hit record high in Q1
Sales of older flats made up 13.9% of total resale transactions in Q1 2019.
Amber Park sold over three fourths of units for $240m in weekend launch
The early bird average selling price was at $2,425 psf.
Can CapitaLand redeem itself with its China and Vietnam business?
Around 60% of the 7,800 units sold in China for around $2.55b will be recognised in H2.
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