Residential Property
CICT NPI rises 6.3% YoY to $293.7M in 1Q24
CICT NPI rises 6.3% YoY to $293.7M in 1Q24
Gross rental income growth and lower operating expenses drove the uptick.
More homes in the suburbs sold at $2m price: OrangeTee
Buyers likely more willing to pay higher prices for their OCR condos.
Stronger demand push condo and HDB rents higher
“Too early to call bottom.”
Private home sales struggle, down 5.3% in first quarter
Year-on-year. Sales dropped 3.1%.
HDB rents increase by 0.6% MoM in March
Across room types, 5 Room recorded the highest rent increase.
Condo rents see modest rise in March, up 0.3% MoM
Rents, however, fell 3.4% YoY.
Top bids for Canberra Crescent, De Souza Avenue sites could go as high as $430M:analysts
Canberra Crescent may see the top bid reaching $350m.
Property prospects mixed amidst rising supply
The office market will see a higher supply with a pipeline of 4.76 million square feet.
Summer Green relaunched with a lower reserve price
The property has a reserve price of $48.8m.
GuocoLand JV clinches Upper Thomson Road Parcel B tender
The URA accepted the JV's bid price of $779.6m.
URA opens tender for Canberra Crescent and De Souza Avenue sites
The sites can yield 730 residential units.
Suburban projects lift Singapore private home sales in March: analysts
Sales in Lentor Mansion accounted for more than half of last month’s total.
Residential sector dominates 1Q24 investment with $1.79B
The sector's investment sales, however, dropped 48.5% QoQ.
March private home sales spike due to new launches
Home sales, excluding ECs, soared by 369.3% MoM.
Elite REIT expands into UK living sector assets
The REIT will also change its name in due course as part of its expansion.
Mapletree Investments acquires 8,192 student beds in UK, Germany
The $1.7b deal will boost Mapletree's UK portfolio bed count to over 17,000.
Centurion unit, LionRock form JV for Hong Kong student housing
The JV estimates project cost and initial working capital to be HK$11.5m (or $2m).
Read Here
Advertise
Sign Up
Commentary
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape