Residential Property
Tax collected from properties rises 9.1% to $5.1b in FY22
Tax collected from properties rises 9.1% to $5.1b in FY22
Huttons Asia attributed the increase to two factors.
The Myst sells 27% of its units during launch
The average selling price of the units sold was $2,057 psf.
Lentor Hills Residences sells half of its units during weekend launch
It achieved an average selling price of slightly above $2,000 psf.
Total prime non-landed home transactions slowed in H1
This was due to the initial impact of cooling measures.
HDB resale prices grew 0.6% MoM in June
Mature estate prices went up 0.7% MoM in June 2023.
Freehold Kingsley Mansion in Balestier on sale for $52m
The sale via public tender will close on 2 August 2023, at 3 p.m.
Property developers to launch Altura EC in Bukit Batok
It is the first EC in the area in 20 years.
Quiet investment activities may occur for the rest of the year
Knight Frank advised that freehold properties are a popular investment.
Sales of prestige landed homes rise 33.2% HoH in 1H23
There were 57 deals in the first half of the year.
Private residential prices to 'trade sideways' for the next 1-2 quarters
Prices dropped for the first time in three years in 1Q23, falling 0.4% QoQ.
Good Class Bungalow market marks slowest half-year performance since 1H20
Only eight GCBs were sold from January to June.
Private residential prices may be at 2% - 5% YoY
This despite the constant implementation of cooling measures.
HDB to launch 13,000 BTO flats in H2
The flats will be located in towns and estates such as Choa Chu Kang and Bedok.
LIST: What condos homebuyers should look out for in July
3 residential developments will be launched for sale this month.
Developers may be cautious on bidding for Marina Gardens and Media Circle sites
URA launched tender for White site at Marina Gardens Crescent and Media Circle.
About 950,000 HDB flats households to get quarterly GSTV rebates in July 2023
Qualified households will receive double their regular U-Save.
Condo resale market to slow in June: analyst
High mortgage rates may be turning off would-be buyers.
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