Residential Property
COTD: GCBs lead landed luxury home sales in H1 2024
COTD: GCBs lead landed luxury home sales in H1 2024
GCBs represented 52.9% of the detached house quantum in H1 2024.
Land charge revisions reveal property market weaknesses, expert says
The government revised the LBC rates for four use groups.
SLA revises land betterment charge rates for 4 use groups
The revised charges will apply until 28 February 2025.
Non-landed luxury homes see price hike amid sales dip
This is amidst lower volumes in home transactions.
Business sentiment amongst Singapore property players improves in Q2
The current sentiment index rose to 4.8.
GuocoLand profit drops 38% to $129m in FY2024 amidst higher costs
It also reported lower basic earnings per share.
CHART OF THE DAY: Singapore prime rents decline 4.8% YoY in Q2
It is one of the three markets that reported a decline.
Condo resale volumes rises 32.2% in July amidst post-school holiday activity
An expert predicts a quieter condo resale market in August due to the Lunar Seventh Month.
Far East Orchard launches student housing fund, secures £70m in first close
The funding will be used to construct a 273-bed student accommodation project in Glasgow, Scotland.
Condo resale prices rise 0.8% MoM and 5.5% YoY in July
The Core Central Region led submarkets with a 2.8% MoM increase.
Condo resale volume rises 32.2% MoM in July
The volume was 21.7% higher year-on-year.
Bukit Panjang's diverse housing options fit various buyer profiles: report
Private non-landed homes in Bukit Panjang range from $710,000 to $3.6m.
Singapore property rentals are on the rise
It is recently reported by the Singapore Real Estate (SRX) that the rental volume for both condos and the Housing & Development Board (HDB) rose...
Which REITs will benefit most from rate cuts?
Experts expect two 25bps cuts in 2024.
New HDB Flat Portal: A game changer for real estate agents?
The new HDB Flat Portal allows buyers and sellers to interact directly, raising questions about the future role of real estate agents.
GuocoLand bags $847m green loan to fund Upper Thomson development
It plans to develop a 941-unit residential project on the site.
New HDB cooling measures may fail to curb price rises, expert warns
Amongst measures is the lowering of the LTV ratio for HDB loans to 75%.
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