Residential Property
Condo rents rise 0.3% MoM but fall 3.7% YoY in August
Condo rents rise 0.3% MoM but fall 3.7% YoY in August
OCR led sub-markets in a sequential rent increase.
Gov't offers GFA bonus to encourage adoption of District Cooling systems
Owners may either install a new system or make use of an existing one.
New home sales in 2024 may hit lowest level since 2008
Year-to-date home sales volume is 48.6% YoY lower.
COTD: Singapore rises as key APAC living sector investment hub in 2024
Investors are looking into Singapore’s co-living and student housing markets.
Foreign professionals and students drive housing demand in Singapore
More expats are turning to co-living options.
Jurong Lake District mega site bid 'too low,' URA opts to reject tender
The sole tenderer submitted a bid of $640 psf per plot ratio.
URA launches residential site at Faber Walk for sale
It can yield an estimated 400 units and is expected to clinch up to 3 bidders.
MND confirms no plans to raise $14,000 income ceiling for first-time BTO flat buyers
The current income ceiling will continue to prioritise lower- to middle-income families.
New LTV limit could slow sales of top-end HDB resale flats
The government reduced the LVT limit for HDB housing to 75%.
PropertyGuru's Q2 net loss widens to $16M despite revenue growth
Revenue rose 10% YoY to $41m.
LHN boosts Coliwoo's key count to 2,401 in Q3
It aims to add at least 800 keys yearly for three years.
HDB resale volume falls 14.6% in August
Year-on-year, however, volume rose 5.3%.
August sees a 0.5% rise in HDB resale prices, led by Executive flats
Resale price for Executive flats rose 1% MoM.
Heeton Holdings acquires Capri by Fraser Changi City under JV
This marks its first hotel investment in Singapore.
HDB resale portal unlikely to cut out property agents
The listing service replaces just a small part of the many things a realty adviser can do.
Figtree Holdings sells Esme unit to director's daughter for A$1.4m
The price reflects a 1.67% discount from the unit's listed price.
Foreign demand for luxury homes fell to $171.7m in H1 2024
Out of 10 units, only one was bought by a non-permanent resident.
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