Residential Property
Condo rents rise 0.9% MoM but fall 5% YoY in July
The Rest of the Central Region reported the highest sequential rent increase.
National Day Rally: New homes planned for Singapore’s 120km Southern coastline
PM Wong said 10,000 new homes could be built in Marina South and East.
Gov't revises LTV limit and grants to cool HDB market
The LVT limit for HDB housing was reduced to 75%.
Hatten Land files supplemental affidavit for interim judicial management application
The hearing for its application has also been set for 21 August.
Yoma Strategic Holdings disputes allegations of money laundering in Myanmar
The company said they were not contacted for clarifications.
National Day Rally: BTO flat priority extended to singles caring for parents
The extension will take effect by the middle of 2025.
Delayed rate cuts stall significant recovery in the private residential market
Experts project a full-year sales volume of 5,000 to 6,200 units.
Far East Orchard’s H1 profit jumps 259.2% on strong PBSA segment earnings
The PBSA segment reported a 22.8% YoY revenue increase.
Developers' sales soar by 236% MoM in July with mass market driving gains
July marked the second-highest monthly sales in 2024.
Hotel Properties narrows H1 losses to $4.9m with improved revenue
Revenue for the period rose 8.9%.
UOL’s H1 net profit dips 3% to $130.4m due to fair value losses
Fair value losses for the period amounted to $12.2m.
PropNex earnings drop 13.8% to $19m in H1 2024
There were fewer private resale launches during the period.
Sinarmas Land's net profit up 7.4% in H1 2024
Profit attributable to shareholders fell 18.7%.
Why Singapore rents are falling
In H1 2024, rents fell by 4.5% HoH and 5.6% YoY.
Singapore's capital value growth weakens amidst new launch scarcity
It ranked 23rd globally for strongest residential capital growth.
New private residential launches fall to lowest level since Q4 2022
In Q2 2024, launches contracted by 73.3% YoY
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