Residential Property
Ascott Reit forays into development with $62.4m co-living project
Ascott Reit forays into development with $62.4m co-living project
They eye to build 324 studio and loft units in lyf one-north.
Keppel to acquire 40% stake in China residential development for $283m
They eye to build 1,728 apartment units and 50 street-front shop units.
Will frustrated homebuyers turn to renting properties over costly residential purchases?
Private home rents are still around 12% below their peak levels in 2013.
Yuen Sing Mansion up for en bloc sale at $17m
It can yield up to 8 storeys with 29 apartments.
US acquisitions could beef up earnings for CapitaLand
The $1.2b multi-family asset portfolio is over 90% occupied with an average length of stay of 2 years.
Sentosa Cove property prices crashed 30% since 2011
They started falling after two rounds of cooling measures in 2013.
Resale market bears brunt of property curbs as resold condo units crashed 35.3% in August
Resale condo prices also witnessed the highest decline at 1.6% in August.
Slower take-up rates could hurt property stocks' performance
The outperformance of property stocks historically showed the highest correlation to take-up rates.
Laguna Park up for en bloc sale at $1.48b
It can be redeveloped to about 2,487 units.
Developers' home sales crashed 63% to 616 units in August
The ghost month festival and the property curbs were a double whammy.
Cairnhill Astoria attempts second collective sale
Unit owners are keen to sell the property before it gets older.
Grange Heights to go en bloc at $820m
It has a building height control of up to 36 storeys and a proposed GFA of 39,108.9 sq m.
Highest bid for Anchorvale Crescent EC site hit $318.89m
It defeated the next highest bid by just $899.
Embattled developers bear larger debt burdens amidst cooling measures
CDL's net debt to equity ratio has surged from 10% in Q1 to 18.9% in Q2.
Singapore saw the ninth highest hike in Q2 home prices: study
The property curbs took its toll on private condo prices in the city-state.
Extended tender didn't work for $1b Horizon Towers
With no bids at all, it may have been a casualty of the property curbs in July.
Plot in Sino-Singapore Tianjin Eco-City sold for $292.47m
This is the second plot sold by Keppel in H2 2018.
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