Residential Property

2023 to be a record-breaking year for million-dollar flat transactions – expert

As of 27 October, 369 million-dollar HDB flats have exchanged hands.

HDB so far launched 16,700 flats amidst moderate resale market price growth

The government housing body is still on track to reach 23,000 flats in 2023.

Potential influx of expats from Hong Kong to spark demand for homes in prime districts

A Savills expert said Hong Kong expats are likely to purchase homes in District 9, 10, and 11. 

Resale condo prices rise as sellers hold firm to asking prices

In September, prices rose 0.8% MoM despite a drop in transactions.

Condo resale prices increase by 7.6% YoY in September

Across submarkets, RCR posted the highest year-on-year price increase.

Condo resale volumes drop 18.4% MoM in September 

Over 700 units got resold during the month.

Private residential resale volume slips 12% YoY to 2,748 units in 3Q23

For 2023, OrangeTee expects resale volume to reach 10,000-12,000 units.

Far East Hospitality Trust's net property income soars to $28.1m in 3Q23

The 3Q23 NPI is 42.4% higher than the 3Q22 record of $19.7m.

HDB to include singles in Sample Household Survey 

More than 8,000 households and single occupiers will take part in the survey.

HDB to redevelop Tanglin Halt estate

The redevelopment will introduce 5,500 new flats.

3 factors why Singaporeans are drawn to UK properties

A global tourism adviser named London as the world’s best city, making it more attractive to buyers worldwide.

Experts forecast a starting price of $550,000 for 4-room flats in Tanglin Halt development

The development is likely to adopt a prime location public housing (PLH) model.

Record building completion to soften office rents in 2024

Savills expects rents to soften from -2% YoY to -3% YoY.

Fewer HDB upgraders bought condos for at least $5m in 3Q23

Only 12 units were transacted for at least $5m.