Residential Property
SG records 2nd highest increase in prime residential rents globally
In 1H23, rents grew by 13.6%.
Real estate investment sales surge in Q2: Savills
Sales reached $3.29b.
Manulife US Reit requests a trading halt
The statement was published at 7:33 a.m.
New home sales plunge 73.2% in June, but rebound imminent in July
Nine property launches in July and August will keep the new home sales market lively.
Pinetree Hill sells 28% of 520 units at launch
A lot of larger units at upper floors notedly sold during launch.
Grand Dunman sells 520 units in weekend launch
The country’s only mega launch in 2023 attracted 10,000 people in its first weekend preview.
More towns to hit record HDB resale prices in 2023
As of July, 17 of the 26 towns in Singapore have already set record prices.
New home sales high but volumes low in Q2 due to high interest rates
CBRE said private home prices fell amidst the cooling measures.
JV of CapitaLand, SingLand, and UOL bags tender for Tampines Avenue 11 for $1.2b
The JV will develop the GLS parcel into a mixed-use development.
New or resale executive condominium: Which is a better investment?
Data from Huttons showed that the gross gain for the first owners of an EC unit was $322,220.
Bespoke Habitat transforms vacant units for short-term family accommodation
Co-living startup offers customisable and affordable short-term accommodation for residents with families in Singapore.
Tax collected from properties rises 9.1% to $5.1b in FY22
Huttons Asia attributed the increase to two factors.
The Myst sells 27% of its units during launch
The average selling price of the units sold was $2,057 psf.
Lentor Hills Residences sells half of its units during weekend launch
It achieved an average selling price of slightly above $2,000 psf.
Total prime non-landed home transactions slowed in H1
This was due to the initial impact of cooling measures.
HDB resale prices grew 0.6% MoM in June
Mature estate prices went up 0.7% MoM in June 2023.
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