Residential Property
PropNex’s net profit rises to $65.4m in FY22
PropNex’s net profit rises to $65.4m in FY22
The real estate agency attributed the increase to its $1.0b revenue.
S-Reits posts 7.1% increase in returns in January: report
This is above STI’s 3.5% total returns.
Terra Hills sells 38% of units at launch
Units sold for an average price of more than $2,650 psf.
Condo resale prices slip in January: report
This is the first time it declined in 28 months.
Orchard Tower fails to sell
It did not obtain the required threshold for the collective sale.
New home sales soar 130.3% MoM in January
A total of 391 units were sold during the month.
What could support new home sales in 2023?
CBRE expects 7,500 to 8,000 units to be sold for the entire year.
Budget 2023: How will higher BSD rates impact the property market
The hike will affect 15% of residential and 60% of non-residential properties.
HDB resale prices won’t change: PropertyGuru
Demand of resale flats will be subdued as supply increases.
Budget 2023 wishlist: Time to loosen ‘15-month wait-out’ policy for HDB, says Savills expert
The measure was implemented last year in response to soaring demand for HDB.
LHN Group's COLIWOO acquires GSM property for $80m
The property comprises 33 units.
Chart of the Day: Prices for non-landed market in OCR decline 2.6% QoQ
Price growth remained muted in the fourth quarter of 2022.
Resale flats demand rebounds to pre-cooling measures levels: analyst
Almost a 15% increase was recorded in HDB resale flat sales.
Meyer Park sells for $392.18m
It was sold to UOL Group-Singapore Land Group’s joint venture.
CBRE relaunches Kensington Park for collective sale at $1.28b
The public tender for the property will close on 22 February at 3 p.m.
How will ACS Primary’s relocation affect Tengah’s attractiveness to homebuyers?
In February, 1,640 new flats will be offered for sale in Tengah.
No need to worry about affordable homes: PM Lee
More than eight in 10 Singaporeans own HDB flats.
Commentary
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