Residential Property

Keppel DC Reit Management appoints new independent director

Yeo Siew Eng has over three decades of experience in management and finance roles.

Moderate interest seen for Lentor Gardens residential site: analysts

Lentor Central, meanwhile, may not be “triggered” soon.

Analysts explain increase of private home prices in Q3 22

Home prices grew 3.8% from 3.5% in the previous quarter.

Private residential prices rise 3.8 YoY in Q3: URA

The increase was higher than URA’s initial estimate of 3.4%.

How did Singapore’s auction market perform in Q3?

Auction listings increased by 11.0% QoQ to 131 listings in the quarter.

Merger helped raise ESR-LOGOS Reit Q3 22 NPI by 59.1% 

ESR-LOGOS Reit posted net property income of $69.9m.

Rising interest rates, property prices to drag housing affordability: report

Gradual household income gains are not sufficient to offset these hikes. 

‘Subdued’ market impact seen in new URA guidelines

The guideline sets a minimum of 20% dwelling units for new developments.

Singapore’s luxury homes market unchanged in Q3

Luxury non-landed market saw 110 transactions in the third quarter, similar to the previous quarter.

New home sales more than double in September

This was linked to two new mass market projects – Lentor Modern and Sky Eden@Bedok. 

Chart of the day: Bigger ECs fetches bigger profits when resold

At least 1,600 sqft yielding an average gross profit of S$455,207 each.

Property investment sales decline 33.4% QoQ in Q3

Higher interest rates and global political uncertainties affected investment sales.

Meyer Park relaunched for sale with a reserve price of $420m

The tender for the property will close on 2 November.

Auctioned properties sold reached $48.92m in first 9 months of 2022

The number of properties sold increased by 19.23% compared to last year.