Residential Property
More luxury condos, landed homes go under the hammer in feeble market
Prime districts are hardest hit.
Chart of the Day: See the 5-year high number of properties put up for mortgagee sale
On the back of stricter regulatory and financing environment.
Mortgagee sales surged sevenfold as lenders strive to recoup losses
Blame it on higher bankruptcies.
Desperate homeowners launch fire sales of shoebox flats
The flat glut will only intensify.
Ultra-rich investors set sights on luxury homes in 2015
The tide is turning for this struggling segment.
Office rents, not home sales, to prop up Ho Bee’s bottomline in 2015
Overseas earnings will also provide an upside.
Private condo rents drop for 10th consecutive month in November
Rental volume slipped 11%.
Fire sale alert: Home prices to plunge 10% as developers struggle to clear over 12k units in 2015
Prices will reach levels last seen in 2009.
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HDB unveils revisions for outdated Resale Price Index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.
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