Residential Property
Good Class Bungalow transactions dwindle by 58.3% YoY in 2023
Good Class Bungalow transactions dwindle by 58.3% YoY in 2023
Only 20 GCBs were sold last year.
CDL acquires Yardhouse site in Central London for $148.6m
Yardhouse will mark CDL’s first private rented sector project in Central London.
Demand for larger homes fuel HDB resale price growth: experts
A new record number of million-dollar flats was recorded last month.
HDB resale prices rise 1.5% MoM in January
Year-on-year, prices rose by 5.7%.
HDB doubles supply of Parenthood Provisional Housing Scheme flats
The agency increased the flat supply to 4,000 by 2025 from the current 2,000.
Kembangan development likely to fall under the Plus model
Huttons said the development may lift property prices in the area.
Mindlink Groups withdraws from M&A deal with Century 21 Singapore
Singapore invoked its foreign interference law against Century 21’s principal advisors.
Developers remain cautious in bids for Orchard Boulevard, Tengah EC sites
The upcoming Orchard project could sell for $3,000 psf.
Non-landed residential rents to drop 5% YoY in 2024
Savills said two factors might lead to rents failing.
UOL-SingLand JV tops bidding for Orchard Boulevard site
It proposed a bid price of $428m.
Plantation Close site attracts 4 bids
The top bid was $423m from Hoi Hup Realty and Sunway Developments.
CEO Justin Quek steers OrangeTee to real estate centered around customers
A step toward this commitment is the launch of the consumer-centric event ‘Property Festival’ in 3Q24.
GuocoLand posts 12% YoY higher profit of $66.2m in 1H24
The higher profit boosted the company’s earnings per share by 15% YoY.
5-room HDB flat in Toa Payoh sells for $1.54m
The sale is the second-highest price ever transacted in the property.
Private houses’ prices index drops 1.4% MoM in December 2023
Property price is expected to fall by 5% - 10% in 2024.
Private home sales to fall below 20,000 in 2024: real estate analysts
There could be as little as just 15,000 to as much as 19,000 private homes sold in 2024.
Why wellness in Singapore’s communal living is important
Co-living spaces can potentially take on an active role in promoting mental wellness.
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