Residential Property
Real estate investment volumes down 55.6% QoQ in Q4 22
Real estate investment volumes down 55.6% QoQ in Q4 22
Total preliminary real estate investment volumes were at $3.194b.
Investment sales for real estate rebounded in 2022
Transactions totalled at $31.9b with majority from commercial deals.
Buyer demand for private homes down in Q4 22
New cooling measures led to the slowdown of price growth in the final quarter.
Private residential home prices up by 8.4% in 2022
However, it is a decrease from last year due to a decline in sales.
APAC Realty acquires 22% stake in ERA Vietnam for $4.9m
The acquisition will bring APAC Realty’s total stake in ERA Vietnam to 60%.
Cooling measures effective in quelling property price growth: analyst
Monthly price growth was down 1% since the property measures were enforced.
How Singaporeans plan to live and work in 2023
Almost five in 10 plan to move to city centres.
HDB resale price growth slows down in 2022
For the entire year, prices increased by 9.4%.
LHN Group transforms underutilised buildings into modern spaces
The company has converted unused spaces into almost 2,000 co-living rooms.
2023 investment sales likely to be similar to 2022 levels
Savills predicts investment sales to hit around $24b to $25b.
Why hybrid workers are dissatisfied with hybrid work arrangements
The most cause of dissatisfaction was their lack of workspace at home.
EC popularity remained strong amongst homebuyers in November
More than 100 units were sold in November.
Baseline price of mass market condominium to exceed $2,000 psf in 2023
Overall, residential prices will increase by 7% next year.
CDL acquires 5 student accommodation assets in the UK for $357m
The assets have an average age of less than three years.
Why HDB rental transactions dropped in November
In November, the number of HDB flats rented fell by 15.2% MoM.
Chip Eng Seng to acquire remaining 30% stake at Maldives JV for US$1.3m
The company will fund the acquisition from internal cash resources.
Pan-United offers on-demand environmental product declaration
It is the first concrete company to provide EPDs in Asia.
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