Residential Property
CapitaLand acquires 50% stake in Malaysian real estate company
For a cash consideration of $9.6m.
Chart of the Day: HDB resale prices hit 40-month low in November
Prices have declined 9.8% since April 2013 peak.
Hiap Hoe Holdings throws in the towel, buys all unsold units at Treasure on Balmoral
In order to dodge hefty fines.
HDB unveils revisions for outdated Resale Price Index
More flat attributes will be taken into account.
Private condo resale prices dropped 3.4% in November
Only 338 units were sold.
Expect home prices to plunge by 10% in 2H15
On back of supply glut and interest rate hike.
Chart of the Day: 2 in 3 Reserved List units in GLS programme unlikely to be triggered for sale
As weak residential market persists.
A high-end disaster: Avoid Singapore’s residential market, investors told
Prospects remain dim for this sector.
Five-year low: GLS programme tapers with 23% less residential units in 1H15
Only one EC will be released.
Daily Briefing: HDB Resale Price Index to be revised; Positive response for enhanced priority scheme
And MRT driver entertains commuters with live commentary.
Chart of the Day: Physical completion rate of homes exceeding population growth
What are developers thinking?
EC unit supply sharply slashed by 67.8% on back of rising vacancy rate
Only one EC site was launched for 1H15.
World’s wealthiest find safe haven in Singapore real estate
Find out where the rich are buying secondary homes.
Weakening buyer demand pushes primary private home sales to crash 50% in 3Q14
Home prices and sales likely to face continued headwinds.
Outdated HDB resale price index to be revised
The last revision was in 2004.
Sales at Wheelock’s Scotts Square residential towers remained stagnant with only 79% units sold
Management is focused on leasing unsold units.
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