Residential Property
2024 launches to yield up to 8,800 units
2024 launches to yield up to 8,800 units
The 2024 figure will be 15.8% higher than units launched in 2023.
Prices of private homes to rise modestly in 2024: expert
OrangeTee said there will be a moderate rise in new home sales next year as well.
Centurion disposes 2 worker accommodation assets in Malaysia for $65.1m
Malaysia’s public sector pension fund acquired the two assets.
HDB resale price growth to slow as public housing classification rehaul kicks off
Prices to slow to 5% this year following the 10.4% spike in 2022.
Million-dollar HDB flat sales set to exceed 450 in 2023
The 2023 sales will be about 25% higher than 2022’s sales.
Landlords to face reduced rental income amidst looming property tax hike
For buyers, on the other hand, the tax increase may be management, said experts.
Gov't to offer rebates for owner-occupied residential properties amidst looming tax hike
The property tax will increase on 1 January 2024.
Government to pilot long-stay serviced apartments
The minimum stay for the new type of serviced apartments will be three months.
How will the new sale residential market perform in 2024?
There may be 38 launches next year.
Tengah Plantation Loop site to attract 5-7 bidders
Huttons estimates the top bid to be in the $690 psf ppr to $730 psf ppr range.
HDB rental prices to grow moderately in 2024 as demand stabilises
For 2024, OrangeTee expects prices to only rise around 3%-5%.
Significant increase in house supply drags private rental price growth
In October, rents declined by 0.2% MoM.
CCR sees surge in resales of properties priced $5m and below
Properties priced $5m and below accounted for 95.5% of resale transactions in the CCR.
Private rental transactions likely to fall below the 10-year average in 2023 and 2024
The supply ramp-up of 28,600 new properties has taken a toll on the rental market.
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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