Residential Property
Private home prices see largest quarterly drop since 2020
Private home prices see largest quarterly drop since 2020
Meanwhile, condo purchases rose for the third consecutive quarter.
Condo rental market shows stability in 2024 as demand improves steadily
This is despite condo rental transactions dropping by 7.5% in October.
Moderate HDB rental growth seen in 2024 as leasing activity improves
OrangTee forecasts 2%-3% growth; whilst Huttons 3%-4%.
Muted bids for Faber Walk underscore developers' hesitation despite homebuyer optimism
The site attracted three bids.
Condo rents rise 0.5% MoM in October but fall 2.8% YoY
Volume fell on a sequential basis.
HDB rents rise 0.5% MoM in October, with mixed trends across estates
Year-on-year, rents rose 4.6%.
GuocoLand-led consortium tops bid for Faber Walk site at $349.9m
The site received three bids.
Government land sales market activity to remain steady in 2024 amidst strong developer interest
Total investment increased 30.2% to $8.2b.
Singapore’s residential market expects boost in sales, prices in Q4
The residential price index dropped 0.7% QoQ in 3Q from 0.9% growth in 2Q.
Emerald of Katong hits record sales with almost 99% of units sold on launch day
Highest launch sales figure since High Park Residences, says PropNex.
Novo Place EC sells 56% of available units on launch day
The average price of units sold was $1,654 psf.
PropNex Limited's H1 2024 profit declines to $19.45m
Interim dividend stood at 2.25 cents per share.
Frasers Property, Sekisui House to redevelop Robertson Walk
It will be turned into a waterfront residential and lifestyle hub.
Sinarmas, MCL Land sells over 350 Nava Grove units
Prices at Nava Grove start from $1.3m for a two-bedroom unit.
Large-scale projects to boost 2024 sales momentum in November
Experts expect full-year sales to fall between 5,000 to 6,000.
Condo rents fall 4.2% YoY in Q3
Savills expects the YoY rent change to stabilise in the next quarters.
Non-landed homes rental index inches up by 0.5% in Q3
This followed three consecutive quarters of decline.
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