Residential Property
Home prices up 2% in 2Q11
Home prices up 2% in 2Q11
As the rate of price increases continue to moderate for the seventh consecutive quarter.
Foreigners splurge on luxury condos in Singapore
Their luxury condo purchase surged 5 percentage points to a new high of 40% in H1 2011.
KSH Holdings’ order book could grow to S$600-S$800m
The future seems bright for KSH as its recent spate of large condominium launches, such as Luxurie, Boathouse Residences and EuHabitat could offer...
Sales update: The Meyerise is now more than 40% sold
100 out of the 239 units of the high-end free development were sold as of yesterday, Sept 12, a source from its property developer Hong Leong said.
SJ Capital’s Jool Suites is slow to sell remaining units
The shoebox apartment at Farrer Park is already previewing for more than six weeks but still has 9 out of its 52 units unsold.
Global Orion unveils second residential project
After the The Viridian at Balestier comes the Naung Residence at Hougang.
“Hungry” developers to launch new condos
Some have already started launching projects post-Hungry Ghost festival and more are coming on stream for September.
Keppel real estate fund management arm opens China office
The China office will work on the investment process including deal sourcing, asset management and financing.
Hoi Hup’s Arc @ Tampines oversubscribed
The 574-unit executive condo has about 3 applications to 1 unit, estimates ECG Property.
70% of Meyerise’s 120 units grabbed at launching
Of the units sold, nearly half consisted of 3-bedroom units.
Keppel Land’s The Luxurie at Seng Kang already 80% sold
While penthouse and ground floor units have been fully sold since its preview last Friday.
Flat sold for record S$19M
A foreigner has signed up to pay a record-breaking S$19 million for a four-bedroom apartment at The Marq on Paterson Hill.
Tender for condo site at Punggol reflects developer cautiousness
The $323 psf ppr reported top bid for the land parcel released in June is similar to the top bids received by some executive condominium sites last...
Wing Tai Holdings’ $649.1m revenue in FY11 within expectations
The 21% YoY revenue slump was due to lower development revenue mainly from Helios Residences.
Four newly released residential sites to receive ‘so-so’ bids
Developers are on the whole increasingly cautious and realistic as there is no urgency to acquire land since the majority had re-stocked their land...
Ascott expands in China with two serviced residences in Chegdu and Beijing
The two properties, namely the Ascott Financial City Chengdu and the Somerset Wangjing Beijing, are scheduled to open in 2014 and 2013 respectively.
Serangoon Garden Way site awarded to Sunmaster Holdings and Garden Estates
The successful tenderer bid $105m for the 28,401 sqm residential site.
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