Residential Property
UOL-CapitaLand consortium acquires Thomson View Condominium for $810m
UOL-CapitaLand consortium acquires Thomson View Condominium for $810m
The consortium made the sole bid for the property’s third tender.
CDL posts mixed Q3 results with strong residential and office gains
Its total residential sales in Q3 soared 88% to $611.1m.
Condo resale prices dip 0.5% in October
However, resale volume increased by 8.1%.
Singapore real estate investment sales up 25.4% YoY in Q3
The growth was driven by the $1.85b ION Orchard sale and $1.6b industrial acquisition.
What will drive private home demand and prices in 2025?
For new homes, prices are expected to increase by 2% to 4%.
Private home prices see largest quarterly drop since 2020
Meanwhile, condo purchases rose for the third consecutive quarter.
Condo rental market shows stability in 2024 as demand improves steadily
This is despite condo rental transactions dropping by 7.5% in October.
Moderate HDB rental growth seen in 2024 as leasing activity improves
OrangTee forecasts 2%-3% growth; whilst Huttons 3%-4%.
Muted bids for Faber Walk underscore developers' hesitation despite homebuyer optimism
The site attracted three bids.
Condo rents rise 0.5% MoM in October but fall 2.8% YoY
Volume fell on a sequential basis.
HDB rents rise 0.5% MoM in October, with mixed trends across estates
Year-on-year, rents rose 4.6%.
GuocoLand-led consortium tops bid for Faber Walk site at $349.9m
The site received three bids.
Government land sales market activity to remain steady in 2024 amidst strong developer interest
Total investment increased 30.2% to $8.2b.
Singapore’s residential market expects boost in sales, prices in Q4
The residential price index dropped 0.7% QoQ in 3Q from 0.9% growth in 2Q.
Emerald of Katong hits record sales with almost 99% of units sold on launch day
Highest launch sales figure since High Park Residences, says PropNex.
Novo Place EC sells 56% of available units on launch day
The average price of units sold was $1,654 psf.
PropNex Limited's H1 2024 profit declines to $19.45m
Interim dividend stood at 2.25 cents per share.
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