Residential Property
Suburban private housing market takes spotlight with surge in new supply
Suburban private housing market takes spotlight with surge in new supply
OCR project launches were limited in the past five years.
Resale home volume drops to a three-year low in 4Q23
Only 2,586 units exchanged hands last quarter.
Investment sales fall 26.8% YoY to $20.5b in 2023
The residential market accounted for 64.4% of total investment sales in 4Q23.
The Arcady at Boon Keng sells 51 of 172 units on launch day
One-bedder and two-bedder types accounted for the majority of the sales.
Private new home sales to start slow as buyers remain selective and price-conscious
The Arcady and Hillhaven sold more than 50 units each on launch day.
Hillhaven sells 33% of its units during launch
The average selling price of the units sold was $1,903 psf.
Ang Mo Kio Ave 2 site to yield around 700 homes
URA has proposed to use the site for high-density residential projects.
Analysts weigh in on the underwhelming bidding at Marina Gardens Crescent
A white site in Marina South fetched a lower bid land rate than a plot in one-north.
Demand for affordability is keeping HDB rental prices in check
Rents may have edged up in December but will still likely stabilised, analysts said.
Condo rental price decline to continue until end of H1
Landlords competing for tenants will sustain the decline in January.
Marina Gardens Crescent site attracts one bid; Media Circle receives 3
A GuocoLand-led consortium was the sole bidder for Marina Gardens Crescent.
Real estate investment volume drops 30.6% YoY to $20.8b in 2023
Excluding GLS deals, residential, office, and industrial sectors supported investment volume.
Investment sales to grow 10% YoY in 2024
Sales will be driven by the Government Land Sales.
Singapore retains its crown as the most livable city for Asian ex-pats
The city remained on top given its low crime rates.
Sluggish demand drags HDB resale prices in 12 towns
Resale price growth seen moderating to 3% to 5% this year.
Condo rents dip 0.5% MoM in December
Year-on-year, however, rents increased.
HDB rents rise 1.0% MoM in December
By room type, 3 Room recorded the highest rent decrease.
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