Residential Property

Singapore REITS gearing up to buy more properties

Singapore REITS gearing up to buy more properties

They will fund acquisitions with a mix of debt and equity with a 40-45% leverage.

Suites at Braddell begins preview today, two more due this week

The asking price for a one-bedroom unit of size ranging from 388 to 441 sft starts from $400,000+ or $1,000+ psf on the average, sources from Huttons...

Frasers Centrepoint awarded Flora Drive site tender

Its bid was $131 million for the 26,817.6 m² residential site.

Keppel Land gets approval to proceed with Ho Chi Minh City waterfront project

Masterplan approval gives green light to the city’s first phase of the development of approximately 1,500 waterfront apartment units targeted to be...

Older BTO applicants justify higher income ceiling

That is as first-time applicants for new Housing and Development Board flats reach a median age of 34, according to todayonline.com.

URA closes tender for Flora Drive site

Frasers Centrepoint outbid three others with $131 million.

Prive Executive Condo at Punggol now 98% sold

Only 11 out of the 680 units are left but asking price is quite more expensive now at $717.68 per square foot (psf) than the $660 to $690 psf six...

Policy risks remain, warns analyst on property

This amidst supposed pressures to adopt a more ‘promasses’ approach following the elections.

CapitaLand sells entire 20% interest in Macao Studio City project

CL’s divestment to its JV partner eSun Holdings Limited is for a cash consideration of approximately S$104.5 million.

Condo sales up 49% in May

Three developments accounted for half the market, find out which ones they were.

Signs point to lower property sales in June: OCBC

And they say policy overhang remains a concern.

Expect homebuyers to be more selective and cautious: Colliers

This as they are said to be becoming increasingly price-sensitive amid strengthening prices.

Take-up of new homes will be lower, warns advisor

And to use CB Richard Ellis’ words, “there is some degree of apprehension” amidst the planned release of HDB flats and land for private homes.

Monthly sales of residential units slump by 12% to 1,575

Sales volume decreased significantly in the Core Central Region (CCR) with a 43% drop in May following April’s increase of 14%.

HSBC warns of 15% drop in Chinese residential real estate prices

Over the next 12 months, we expect residential prices to fall by 15% in first-tier cities and by 5% in second-tier cities, says HSBC.

Agents expect Sims Edge to be 100% sold on Friday launch

Macly Equity is holding a preview of the 78-unit freehold apartment at Sims Avenue on June 17 (Friday) and is expected to replicate the performance...

Nassim Park Residences receives TOP but still have 3 units left for sale

The asking price for the 100-unit Nassim Road project which was just completed in the first quarter is down to $13 million from April’s $16.25...