Residential Property
HDB launches over 7,500 flats in November sales exercise
HDB launches over 7,500 flats in November sales exercise
Including the first housing project in Tampines North.
Daily Briefing: Effects of regulating Singapore’s taxi-booking apps; 31% of private homes in Q3 sold for less than $1m
And customers fire shots at another Sim Lim retailer.
Singapore developers to get sales boost from China’s interest rate cuts
Three firms are poised to benefit.
Going, going, gone: Number of homes auctioned off by bankrupt borrowers surged in 2014
Mortgagee sales have been on the uptrend since 2012.
HDB rolls out enhancements to married child priority scheme
Up to 30% of new flats will be set aside for applicants.
Local home prices see biggest drop across Asia Pacific markets in Q3
Prices are expected to retreat even further.
Chart of the Day: Private home leasing up 15.2% in 3Q as expats swarm to Singapore
Even amid escalating costs.
Luxury condo rents dropped the most in Q3 as stingy expats exit
Rents of posh flats have been falling since 2011.
Number of vacant private homes climbed to over 21k in Q3
Island-wide vacancy rate is at 7.1%.
The waiting game: Local property market deadlocked as sales standoff intensifies
Prices are unlikely to ease anytime soon.
Chart of the Day: EC market to pick up after 34.8% YoY drop in October
Three launches will lead the recovery.
October’s bestseller: Marina One Residences dominated private condo sales last month
It sold 334 out of 400 units.
New private condo sales jumped 18% in October
Discover last month’s best performer.
Oxley Bizhub boosts Oxley’s 1Q15 profits with add’l $250m
The firm has become even more aggressive overseas.
Daily Briefing: Raffles Place stabbing victim had $800,000 in cash and valuables; Top rental yield projects mostly located in suburbs;
And Bedok Integrated Transport Hub opens 30 Nov.
Chart of the Day: Take a look at the massive supply of new homes that will flood the market in 2015
Over 40,000 new homes will be launched in the next 2 years.
Daily Briefing: HDB urged to set sale price caps for homes; Battle against dodgy retailers continues to rage
And new SG 50 sculpture commissioned by National Museum and CityDev.
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