Residential Property
Wing Tai’s Q2 earnings dip 5% to $120.6m
Blame it on lower contributions and climbing costs.
Why are property prices still elevated?
Developers have strong holding power.
HDB rents up 0.7% in January
Rental volume dipped 5.4%.
Private condo rental volume jumped 15% in January
Over 3,400 units were rented last month.
Condo resale prices up 0.6% in January
Prime condo prices rose the most.
Daily Briefing: 3,000 tenants buy first flats since 2011; How stock market losses affect property
And home buyers must set realistic expectations.
AVJennings’ net profit up 39% to $16.5m in H1
More residential contracts were inked.
Wing Tai’s net profit plummets by 90% to $3.1m
On back of its anemic Singapore and Malaysia performance.
Public housing resale demand to dry up as massive supply comes onstream
Over 4,000 BTO units will go on sale this month.
HDB resale prices dip for the first time in seven months
It slipped 0.5% in January 2016.
Property cooling measures averted potential financial meltdown: home affairs minister
But lifting them is still under discussion, he said.
Chart of the Day: Don’t expect home prices to bounce back this year
Downward pressure is almost certain to remain in place.
How will the stock market bloodbath affect Singapore’s property market?
Fire sales might be on the cards, says JLL.
Chart of the Day: Here's solid proof that the property market is about to hit bottom
Sales and prices have been down for nine quarters.
More GLS residential sites to be triggered for sale as developers rush to replenish landbanks
Private land sales are out of vogue.
Singapore has one of the world's steepest property taxes: report
Tax costs make up over 20% of property prices.
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