Residential Property
New home sales volume feared to crash to crisis levels
New home sales volume feared to crash to crisis levels
Less than 1,400 homes were sold in Q1.
New home sales surged 57% in March
613 units were sold.
Developers suffer more bulk sales of loss-making luxury projects
Sellers are getting impatient as downcycle intensifies.
Private rents fell 6.3% in March while rental volume surged
Almost 4,000 units were rented last month.
Private residential resale prices dipped 3.9% in March
440 units were resold.
New home sales slipped 27.3% just over a thousand units in Q1
Rising interest rates dampened sales.
Ascott’s Citadines brand forays into three new overseas locations
It is one of their fastest growing brands.
Expats are moving to these emerging residential leasing hotspots
These include Tiong Bahru, Pasir Ris and Tampines.
Aspial’s penthouse project becomes most costly flat ever sold in Australia
It was sold for $25m.
High-end homes poised for a comeback as prices crash to record lows
Prices have moderated by as much as 20%.
HDB resale prices down 6.6% in March
Prices dropped 0.8% on a month-on-month basis.
Here’s why it’s still too early to tinker with policy cooling measures
Curbs won’t be tweaked until the end of 2015.
Will outperforming Wing Tai ever get delisted?
It’s trading at a deep discount but still costly.
Second-tier property stocks buoyed by privatisation speculation
Wing Tai, Ho Bee, and Wheelock all registered gains.
Eager mass market home buyers undeterred by looming supply surge
Bulk of unsold inventory belongs to this segment.
Potential homebuyers spooked by rising interest rates
Unaffordable downpayments are also deterrents.
Tee Land’s net profit plunged 65.6% to $1.2m in Q3
Due to escalating administrative expenses.
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