Residential Property
CDL Hospitality Trusts units acquire Liverpool PBSA asset for $63.9m
The acquisition will be funded through debt financing.
HDB, condo rentals decline in November seasonal lull
Market analysts expect condo rental prices to remain stable.
Novo Place EC achieves 88.1% sales during second launch
The sales booking sold 137 units to second-timer homebuyers.
November’s record private home sales ‘temporary’
Developer sales in December are expected to fall significantly.
IREIT Global Group reorganizes board, remuneration committee
It will take effect starting 1 January 2025.
Wee Hur sells $1.37b asset to Greystar
The net proceeds will enable Wee Hur to reallocate its capital.
Bishan-Toa Payoh town council gets amber rating for corporate governance
It is the only town council that failed to achieve a green rating.
Private home prices expected to rise 0-3% in 2025
Around 8,200-8,300 units may launch in 1H25, with sales recovering to 6,000-7,000 units in 2025.
H1 2025 GLS Programme to supply 8,505 private residential units
The units will be spread across various locations to cater to owner-occupation and rental demand.
H1 2025 GLS programme expected to attract strong developer interest
Driven by improved market sentiment, easing interest rates, and a steady housing market recovery.
Cooling measures and BTO launches dampen November HDB resale market activity
Resale volume dropped 9.6% in November to 1,951 units, the first dip below 2,000 in over a year.
Four-room HDB units dominate November resale market with 45% share
Prices for 3-room units saw the highest increase.
PropNex sees Chuan Grove as top pick amongst H2 2024 GLS sites
The site is expected to attract 5 to 6 bids.
HDB resale prices rise 10.4% YoY in November
Resale volume fell 8.7% YoY.
Holland Plain and River Valley Green unlikely to be triggered for sale
The Holland Plain site and River Valley Green (Parcel C) are unlikely to be triggered for sale, with the former awaiting responses and the latter...
Chuan Grove to attract seven bids, five for Holland Link sites
A real estate expert anticipate up to seven bids for the Chuan Grove GLS site and up to five bids for the Holland Link GLS site.
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