Residential Property
11 Claymore Road up for sale and redevelopment for $95m
The site can be redeveloped to up to 36 storeys, with a total GFA of 53,848 sqft.
APAC Realty expands in Australia
The ERA brand inked a 15-year franchise agreement with Queensland 888.
Lack of new launches boosts condo resale prices
In August, prices rose by 1.0% YoY.
HDB rents up 20.8% in August
The rents of HDB flats are expected to consolidate for the rest of 2023.
New launches dampen condo rent volumes in August
Compared on a monthly basis, condo rents will decline in the following months, analysts said.
Condo resale volumes rise by 3.0% MoM in August
Over 800 units got resold during the month.
Condo resale prices increase by 1.0% YoY in August
Across submarkets, OCR posted the highest year-on-year price increase.
SG real estate posts annual growth rate of 4.2%
It was driven by the influx of expatriates to the city-state.
How the new BTO classification framework can keep public housing affordable in SG
Under the framework, BTO flats will be classified into Standard, Plus, and Prime.
PropNex Realty launches for sale Island View for $575m
The freehold development is a 10-minute drive away from the central business district.
Are Singaporean investors coming to terms with rising property taxes?
Those planning to delay property purchase due to tax adjustments have declined to 24% in 2H23.
5 in 10 Singaporeans struggle to buy their first home
Singles are having the most difficulty.
August developer sales slump: Is it buyer fatigue or the ghost month effect?
In August, new home sales dropped by 72% YoY.
Freehold two-storey GCB on Third Avenue is up for sale for $30m
The location is easily accessible by Pan-Island Expressway and arterial roads.
Altura EC sells 88% of its units in second balloting
The average price of units is $1,470 per sq ft.
Higher stamp duty rates push the rich out of SG’s super-prime market
The number of super prime homes sold in SG dropped from 37 to 30 in 2Q23.
Commentary
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Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.
Game theory in the Gulf: Why Singapore should watch the Middle East carefully