Residential Property
RHB: Resale volume continue to grapple with rising interest rates
RHB: Resale volume continue to grapple with rising interest rates
The new home sales fell short of the broker’s expectations at 7,384.
Cooling measures hit China homebuyers’ sentiment
It will take two years before China’s homebuying sentiment returns to normal.
Sceneca Residence sold 60% of 268 units at average price of $2,072 psf
All 1-bedroom types and two-bedder units were sold out.
4 things real estate experts want from the 2023 budget
PropNex’s wishlist aims to help segments of the population to own homes.
Gradual easing of inflation to stabilise S-Reits: analyst
Inflation slowly eased in October and November 2022.
Price growth of private homes to moderate in 2023
CBRE expects prices to increase by around 3%-5%.
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.
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