Residential Property
HDB resale prices slipped 5.7% in February
Prices in non-mature estates saw the largest drop.
Luxury home sales shortage continues with only three Sentosa bungalows sold in 2014
Prices dropped a whopping 20%.
Residential mortgage loans to make up bulk of covered bonds in Singapore: Moody’s
The big banks are potential issuers.
Residential developers hit with massive impairment charges on back of sales dearth
Most developers missed earnings targets in Q4.
Core Central Region sites see largest development charge rate cuts
Due to subdued market sentiment.
Daily Briefing: Yishun Integrated Transport Hub to open by 2019; Non-landed private home prices continue to fall
And new fees will not stop Aussie buyers from buying property in Singapore.
Completed private condo prices slipped 1.6% in January
Central flats saw the biggest price decline.
Ho Bee's net profit plunged 48.1% to $314.5m in FY14
Due to a dearth of property sales.
Development charge rates slashed on back of steady property price declines
DC rates will be cut by 3.2%.
United Engineers’ gross profit up 80% to $414.6m in FY14
Thanks to back-to-back disposals.
Jubilee Budget brings no respite for struggling residential developers
REITs and asset-heavy landlords are the top picks.
Daily Briefing: Chinese buyers solve Iskandar’s housing glut; Quantum GST voucher increased
And new development projects coming up in Potong Pasir.
Daily Briefing: 100 HDB projects chosen for upgrading programme; Registers of electors revised, open for public inspection
And Queenstown BTO flats nearly ready.
Over 1.4m new flats expected to flood the market by 2018, says MND
Housing stock will grow by about 11%.
Mid-segment share of EC launches soared to 19% in January from 3% in December
There were no luxury segment launches last month.
Bad timing of launches in 2015 poses big risk for property developers
Buyers will start house hunting after the lunar new year.
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