Residential Property
Will Long Island be Singapore’s second Sentosa?
Will Long Island be Singapore’s second Sentosa?
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.
High-end non-landed home price growth momentum slows
It grew by 0.4% QoQ in the third quarter of 2023.
Why Singapore home buyers will be more discerning in 2024
Sales volume dropped 8.5% QoQ as prices continued to climb.
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).
Demand for residential properties falls 14.4% QoQ in 3Q23
Supply likewise dipped during the quarter.
Asking rents to drop more as supply increases and domestic demand eases: expert
Overall rental price index declined 2.5% QoQ in 3Q23.
Prime residential prices decline 2.6% QoQ in 3Q23
Knight Frank attributed the price declines to stamp duties on foreign buyers.
PropertyGuru taps Singlife chair to lead its board of directors
Singlife’s Ray Ferguson will begin his role at PropertyGuru on 1 January 2024.
New home sales to rebound in November after lacklustre October: experts
Transactions fell 6.5% MoM in October, marking the third consecutive month of decline.
URA launches Holland Drive and De Souza Avenue sites for sale
The sites can yield 680 and 355 residential units, respectively.
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