Residential Property
PropNex Limited's net profit drops 17.1% YoY to $28.3m in H122
PropNex Limited's net profit drops 17.1% YoY to $28.3m in H122
The decline was on the back of its marginally lower revenue.
Frasers Property eyes yearend sales launch for Sky Eden @ Bedok
The development will have 158 residential units and 12 commercial units.
New SERS package ‘never enough’ for AMK residents: Huttons
HDB offered 10% of build-to-order flats for eligible residents.
HDB resale flats prices up 2.43% QoQ in Q3: PropertyGuru
This marks the 16th straight quarter growth.
Price, demand for HDB rental assets decline for the first time in 3 years: PropertyGuru
Asking prices for HDB rental properties was at 0.95%.
Rental prices for private properties see sharp spike in Q2 as expatriates return
Prices rose by around 8% to 15% in Q2.
Selling prices for private properties grow by around 3%-5% in Q2
The strong takeup in new condo launches boosted prices during the quarter.
No recovery yet for HDB resale demand since cooling measures: analyst
HDB sales are 11.3% lower and below the 12-month average.
Ascott acquires first lyf-branded co-living property in Tokyo
The property will be acquired through the Ascott Serviced Residence Global Fund.
July posts 33 million-dollar flats sold – second-highest in a month
This number accounts for 1.4% of the total resale volume in July.
Crash ahead? Residential sales to take a hit from banks’ increased fixed-rate home loans
Home loan rates now range from 2.75% p.a. to 3.08% p.a.
Shophouses, residential building up for tender on 2 August: PropNex
Tender sales for the properties will close on 9 and 7 September, respectively.
Hongkong Land posts $292m profit in 2022 H1
This is an improvement from $865m loss in the same period last year.
Property market to see ‘relatively’ strong, yet slower growth
Investment sales are expected to exceed $30b in 2022.
Orchard Bel Air on collective sale for $587.5m
The 36-storey site is on sale through public tender until 6 September.
Private home sales in mid-tier market jumps 44.4% QoQ in Q2
Both new sales and resale volume increased during the quarter.
HDB rents to rise by 16%-18% by yearend
Rents went up 18% year-on-year.
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