Residential Property
PropNex’ net attributable profit falls 18.4% YoY to $22.1m in 1H23
PropNex’ net attributable profit falls 18.4% YoY to $22.1m in 1H23
Given the lower profit, the company proposed an interim cash dividend of 2.5 cents a share.
HDB resale prices up 7% in July, but less flats resold
A total of 2,056 HDB flats were resold during the month, 13% lower than a year ago.
Chart of the Day: 5 most popular HDB towns amongst Singaporean homebuyers
The top 5 HDB towns accounted for 37.4% of transactions in 2Q23.
Why Singaporean investors consider residential property as the safest asset class
One in six ultra-high-net-worth individuals in SG plan to buy a property in 2023.
Frasers Property posts ‘steady’ operational performance in Singapore
Its commercial portfolio occupancy grew for the fifth consecutive quarter.
Asking prices for landed and non-landed seen to moderate: report
The price growth for these property types is slowing down.
What can moderate the prices of HDB resale flats?
In 2Q23, 21 of the 26 HDB towns saw price gains.
Singaporeans unveil home-buying preferences
Despite market uncertainties, 6 in 10 Singaporeans still plan to purchase homes this year.
Lermit Road GCB on sale for $137.2m
The freehold GCB will be sold via private treaty.
What can stabilise private residential resale prices in 2023?
Resale prices have risen by 6.1% in 1H23.
Buyer fatigue? LakeGarden Residences sells less than 25% of its units during launch
The Wing Tai development has a total of 306 units.
Altura EC receives strong demand from HDB upgraders
Units allocated for second-timers during the launch got sold within the first 3 hours of sales.
Singapore is the top-performing residential market in APAC: study
The Lion City registers as the top-performing market with an 8% YoY increase.
Yanlord Land presales down 37.7% to $4.27b in 7M 2023
Presales fell but a larger gross floor area (GFA) was contracted during the period.
Property auction market’s sales value drops to its lowest level since 1H20
Sales value clocked in at $15.2m.
Coliwoo launches co-living property in River Valley
It also acquired the properties at 286 and 288 River Valley.
Singaporeans hold 2nd most valuable property portfolio in England and Wales
The value of Singapore nationals’’ property portfolio is £7.2b.
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