Residential Property
Colliers facilitates sale of Baode Building for $27m
Colliers facilitates sale of Baode Building for $27m
The sale happened after a relaunch of tender on 14 December 2021.
4 factors mitigating inflation’s impact on REITs
Two of these factors are related to utility costs.
Prime home prices rise 3.5% in 2021
In 2022, analysts expect prices to rebound by 2.0%.
Chart of the day: HDB resale flats price index grows 3.4% in Q4 2021
This is due to the low supply caused by construction delays.
CDL hits earnings with $129.7m H2 profits
It also achieved an all-time high record of 2,185 units sold for the year.
Pine Grove Parcel A site tender could attract bids as high as $637m
This amount translates to a land rate of $1,250 psf per plot ratio.
New BTO units oversubscribed by 6.3 times in February
Dakota Crest in Geylang led in terms of applications.
Which segment will take the blow from the property tax hike?
The hike will come into effect in 2023.
How will the property tax hike affect the residential market?
As outlined in the 2022 Budget, property tax will increase in 2024.
Property sale market's price index jumps 5.07% QoQ in Q1
HDB flats increased faster in their price index compared to other property types.
HDB opens sale for BTO flats
The February exercise appealed to singles, new families, and seniors.
HDB rental cause of price index surge: PropertyGuru
The RPI for HDB flats for Q4 2021 is at 174.34 points, compared to the overall score of 137.40.
Condo rents up 1.6% MoM for January 2022
HDB rentals, meanwhile, also saw a 1.2% increase.
New private home sales climb 3.5% MoM in January
However, compared to the same period a year ago, sales were down by 58.8%.
Private resale volume drops 23.8% MoM in January
Experts attribute the decline to the government cooling measures.
HDB resale prices up 1.1% MoM in January 2022
At least 27 HDB resale flats were transacted for around $1m.
Frasers Property sells 639 residential units as at the end of Q1 FY 2022
This is despite property cooling measures affecting residential transactions.
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