Residential Property
URA reduces occupancy cap for private properties
Allowable tenants will be reduced from 8 to 6 unrelated persons.
HDB rental volume slumps 17.2% in April
Only 1,619 HDB flats were rented in the said month.
Condo rental volume drops 18.7% in April
Whilst rents crept up by 0.1%.
Share of HDB flats in property market slumps in 2016
But it is expected to remain stable until 2020.
Condo resale volume slumps 21% in April
Whilst resale prices remained unchanged.
Chart of the Day: HDB rental volume dips 6.5%
But it is still 9.2% higher than the 5-year moving average.
Majority of HDB flats not qualified for SERS
Expired leases will be returned to HDB instead.
HDB resale prices down 0.3%
As volume decreased by 4%.
CDL unit submits highest bid for Tampines residential site
It submitted a bid of $370.1m.
Home prices down for the 14th consecutive quarter in Q1
Price index was down by 0.4%.
Great Eastern's net profit surges 124% to $217.9
Due to the narrowing of credit spreads and the rally in the equity market.
HDB resale transactions down 9.6% to 4,530 in Q1
And resale price index slipped 0.5%.
Why CapitaLand needs to be more aggressive in replenishing its land banks
It has recorded strong sales across Singapore, China, and Vietnam.
GuocoLand to unveil garden-type luxury condo project in District 9
The Martin Modern will be launched in the second half of 2017.
Why there's no reason to further ease property measures
A multi-year relaxation trend of current property curbs is predicted to begin.
Frasers Centrepoint's Seaside Residences project records healthy take up
Around 70% of its launched units are sold.
Commentary
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