Residential Property
Singaporeans’ appetite for overseas property purchases crashed to 3-year low in 2014
Singaporeans’ appetite for overseas property purchases crashed to 3-year low in 2014
Investors are turning back to Singapore.
Centurion’s beds jumped seven-fold from 5,300 in 2010 to 40,362 in 2014
It plans to add 43,800 more in from FY15E-17E.
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KepCorp now owns 67.8% of KepLand barely a week before takeover deadline
It still needs to buy over 340m shares.
Two out of three Singaporeans troubled over housing affordability in old age
Downgrading to a smaller flat is a key fear.
Majority still dissatisfied with property market despite consumer sentiment uptick
Property is still too expensive.
Keppel Land brings prime hedging chance a week before privatization deadline
Will they succeed or won't they?
Luxury apartments in the CCR plunged 17% to $2,450psf
But developers won’t slash prices.
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%.
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