Residential Property
CICT’s downtown malls to benefit from return-from-office workers
CICT’s downtown malls to benefit from return-from-office workers
The recovery of China’s economy will also woo visitors in the malls.
The Impact of the ABSD rate hike and property buyer tax on real estate investments
The Additional Buyer’s Stamp Duty (ABSD) is a property buyer tax in Singapore that was introduced in 2011. It is a tax that is imposed on top of the...
Prices and demand for shophouses to pick up in the coming months
The ABSD rate hike will help drive demand in the market.
Blossoms by the Park sells close to 75% of units during launch
Of its buyers, three were foreigners.
What boosted private home prices in 1Q23?
In 1Q, prices rose by 3.3%.
En-bloc market to collapse following ABSD rate hike: analyst
Singapore increased the ABSD for all residential statuses by 3% to 30%.
Private house prices rise 3.3% in 1Q23
The Q1 figure is an increase from the 4Q22 growth of 0.4%.
Acquisitions boost CICT’s earnings YoY in Q1
The net property income (NPI) grew to $276.3m.
Ohmyhome eyes sector and market expansion post-Nasdaq debut
CEO Rhonda Wong brings properties vision ‘to be there for everyone’ from SG to the world.
ABSD rate hike: The winners and the losers
Singapore increased the ABSD for all residential statuses by 3% to 30%.
HDB shophouse in Marine Parade up for sale
The property is on sale via an Expression of Interest exercise.
Condo tenants shift to HDB flats due to high rent: experts
More renters might choose cheaper units if private rents remain elevated.
Heads up: Gov’t raises ABSD rates to manage property investment demand
The rates increased to 60% for foreigners whilst 65% for entities or trusts.
Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23
Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.
FCT’s net property income rises 5.7% YoY to $137.96m in 1H23
Despite the increase, it recorded a 0.1% YoY lower DPU of $0.06130.
HDB rents rise 0.7% MoM in March
By room type, 3 Room recorded the highest rent increase.
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