Residential Property
Resale condo prices to moderate in coming months
Resale condo prices to moderate in coming months
Price gains may be capped at around 8% in 2023.
Condo rents drop 0.2% MoM in October
Rents across sub-markets dropped in October, except for RCR.
HDB rents slip 0.4% MoM in October
By room type, 5 Room recorded the highest rent decrease.
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An expert expects over 30,000 and 60,000 homes to be built on the 800ha land.
Condo resale prices increase by 7.5% YoY in October
Across submarkets, OCR posted the highest year-on-year price increase.
Condo resale volume jumps 14.7% MoM in October
Over 800 units got resold during the month.
Two adjoining Gentle Road properties sell for $30.9m
Pinnacle Projects won the tender for the properties.
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Sales volume dropped 8.5% QoQ as prices continued to climb.
High-end non-landed home price growth momentum slows
It grew by 0.4% QoQ in the third quarter of 2023.
Third Avenue Good Class Bungalow sold for $26.5m
The property spans 14,576 sq ft with a total gfa of approximately 10,000 sq ft.
Raffles Town Club site slated for housing redevelopment
Raffles Town Club will not renew its land lease when it expires on 17 October 2026.
Private residential leasing volume down 9.8% YoY in Q3
A total of 23,145 private homes were leased during the period.
Keppel releases $200m floating rate notes due 2029
This is pursuant to a $5b multicurrency medium-term note programme.
UOL, SingLand sold 57% of Watten House units
The average price per unit is around $3,230 per square foot (psf).
Asking rents to drop more as supply increases and domestic demand eases: expert
Overall rental price index declined 2.5% QoQ in 3Q23.
Demand for residential properties falls 14.4% QoQ in 3Q23
Supply likewise dipped during the quarter.
Prime residential prices decline 2.6% QoQ in 3Q23
Knight Frank attributed the price declines to stamp duties on foreign buyers.
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