Residential Property
Frasers Property Limited’s attributable profit grew 42.8% in H1
Frasers Property Limited’s attributable profit grew 42.8% in H1
It went up to $225.8m in the first half (H1) of fiscal year 2023.
Centurion's group revenue climbs 5% YoY to $47.1m in Q1
By geographical area, the company recorded its highest revenue in Singapore.
The Reserve Residence to open for preview on May 12
It comprises 732 residential units.
Chart of the Day: Prices of property sale listings grew 0.7% in Q1
It rebounded close to the data from the third quarter (Q3) of 2022.
Singaporean proptech Ohmyhome debuts on NASDAQ
CEO Rhonda Wong discusses plans for expansion and growth in Southeast Asia after the IPO.
SG retains lead in Asian outbound real estate investment
The Lion City’s investment reached US$28.284b.
Rental demand for HDB and private non-landed residential declines in Q2
PropertyGuru sees expatriates’ rental demand to be slower due to low expansion.
Hospitality, retail, and office REITs benefit from reopening
However, there is a limited new supply for logistics, office and retail segments.
HDB's new housing grant scheme may create uncertainty: Huttons
Huttons believed that only HDB Flat Eligibility applicants could use the grants.
HDB introduces flat eligibility letter
It will replace the HDB Loan Eligibility letter.
Yanlord Land contracted pre-sales doubles to S$810m in April
The city of Suzhou contributed the highest with S$407m.
Higher ABSD rate hits foreign demand in ‘The Continuum’ sale
PropNex said the increased rate hit investment demand.
Singapore highest globally for total stamp duty on foreigners
The market recently put a 100% increase in the ABSD rate for foreigners.
Private home prices to cool off at 4%-7% in 2023: experts
Meanwhile, expect more buyers to return once the interest rate stabilised in the second half.
HDB resale prices to cool off at 5%-8%: experts
Meanwhile, expect demand for resale flats to increase in the second half of 2023.
HDB resale volume down 4.3% MoM in April
There were 2,188 HDB resale flats sold in April 2023.
CICT’s downtown malls to benefit from return-from-office workers
The recovery of China’s economy will also woo visitors in the malls.
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