Residential Property
HDB so far launched 16,700 flats amidst moderate resale market price growth
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.
Private residential non-landed rents increase by up to 10% in 2023
Year-to-date, rents have risen by 7%.
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.
Luxury condos may be more attractive due to smallest price gap in resale condos
The smallest gap for resale condos was last seen in Q3 2001.
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.
URA puts up Orchard Boulevard site for sale under GLS programme
The site is residential with a 1st storey commercial and has a 99-year lease period.
Savills cuts 2023 property investment sales value forecast to $19b-$21b
This is on the back of the geopolitical situation globally.
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