Residential Property
Suntec City Tower 1’s 31st floor for sale at $43m
Suntec City Tower 1’s 31st floor for sale at $43m
Foreign buyers can purchase the floor with no additional ABSD or SSD.
Sales of future new launches likely to experience ‘some friction’
Two of the recently launched developments had a take-up rate of 23%.
Large RCR project launches boost residential sales volume growth in Q2
The new residential sales volume increased 69.3% to 2,127 units.
TMW Maxwell offers 80 units, sells seven units in phase 1
The initial phase saw seven units sold at prices ranging from $1.5m to $2.5m.
CDL posts lower PATMI of $66.5m in 1H23
The company attributed the decline to the absence of substantial divestment gains in 1H22.
PropNex’ net attributable profit falls 18.4% YoY to $22.1m in 1H23
Given the lower profit, the company proposed an interim cash dividend of 2.5 cents a share.
HDB resale prices up 7% in July, but less flats resold
A total of 2,056 HDB flats were resold during the month, 13% lower than a year ago.
Chart of the Day: 5 most popular HDB towns amongst Singaporean homebuyers
The top 5 HDB towns accounted for 37.4% of transactions in 2Q23.
Why Singaporean investors consider residential property as the safest asset class
One in six ultra-high-net-worth individuals in SG plan to buy a property in 2023.
Frasers Property posts ‘steady’ operational performance in Singapore
Its commercial portfolio occupancy grew for the fifth consecutive quarter.
Asking prices for landed and non-landed seen to moderate: report
The price growth for these property types is slowing down.
What can moderate the prices of HDB resale flats?
In 2Q23, 21 of the 26 HDB towns saw price gains.
Singaporeans unveil home-buying preferences
Despite market uncertainties, 6 in 10 Singaporeans still plan to purchase homes this year.
Lermit Road GCB on sale for $137.2m
The freehold GCB will be sold via private treaty.
What can stabilise private residential resale prices in 2023?
Resale prices have risen by 6.1% in 1H23.
Buyer fatigue? LakeGarden Residences sells less than 25% of its units during launch
The Wing Tai development has a total of 306 units.
Altura EC receives strong demand from HDB upgraders
Units allocated for second-timers during the launch got sold within the first 3 hours of sales.
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