Residential Property
Expect homebuyers to be more selective and cautious: Colliers
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...
URA awards tender for Woodlands Avenue 2 / Rosewood Drive site
Consortium Fragrance Group Limited and Aspial Corporation Ltd received the tender award after bidding $152m.
More cooling measures ahead
And not only because the National Development Minister is worried.
Developers to be picky with bidding
This as they are said to replenish their much-depleted landholdings.
Empty houses: Is oversupply looming?
Total supply of private homes is said to amount to about 53,000 units.
Khaw Boon Wan warns of decline in property prices
“Sharp property price increases cannot go on forever,” said the Minister for National Development.
Keppel Land China buys S$241mn Shanghai prime residential site
The site located in a mature middle to upmarket satellite town is accessible to quality educational facilities and other amenities.
Condos on sites sold at Government Land Sale 8-35% more expensive
And majority of these sites are for the mass market segment.
CapitaLand completes takeover of SNC Costes K
The move allows CapitaLand to develop Ascott Arc de Triomphe Paris.
Demand for new BTO flats to rise by 2,300 as income ceiling raised to $10k
This could lead to a 6-8% decline in annual HDB resale volume.
Woodlands Avenue 2 / Rosewood Drive site gets $152m top bid
Fragrance Group Limited and Aspial Corporation Ltd was the highest bidder for the 27,380.2 m² residential site.
Luxury residential prices feel the pinch in Singapore
Prices grew a modest 0.9 % over first quarter of 2011 compared to 5.5 % for the rest of Asia.
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