Residential Property
Non-selection penalty had little effect on February BTO exercise
More attractive BTO launches led to moderate response in February.
Chart of the Day: Residential properties take lion's share of investments in Q422
Residential investment sales volume clocked in at $1.26b.
Kingsley Mansion for sale for $52m
The property is a ten-storey freehold residential redevelopment site.
Highly-anticipated development in London's Whitehall for sale
Savills and Knight Frank’s sale is a 760,000 square feet development.
New launches in OCR may attract homebuyers after ‘The Botany sale’
The Botany at Dairy Farm in District 23 sold over 185 units.
Hospitality segments boost property developments: UOBKayHian
City Developments Limited and Capitaland Investment reported strong results.
Strict rules for flat applications allow fairness of public housing: analysts
HDB imposed stricter measures to those who fail to show up for flat appointments.
Singapore is 6th top market for super and ultra-prime properties
It is one of the two markets in Asia that made the top 10.
Why LBC rates of lands for commercial and industrial use did not increase
The recent rate hike ranges from 3.0% to 10.2%.
Condo prices post first monthly decline in over 2 years: analysts
Weaker sales during the Lunar New Year and fewer sellers caused the decline.
Strong demand seen for BTO flats in Kallang/Whampoa
The HDB launched over 4,400 BTO flats across five sites.
Sinarmas Land's revenue hits record high in FY22
The company's revenue soared 48.8% YoY to $1.3b.
Condo rents volumes slip by 0.9% in January
An estimated 6,285 units were rented during the month.
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.
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