Residential Property
Foreign demand for non-landed luxury homes wanes
Foreign demand for non-landed luxury homes wanes
Transactions by foreign purchasers fell by 50% to 13 in 2H23.
How much of HDB rental costs can the government's new subsidy scheme cover?
Eligible Singaporeans can receive $300 vouchers monthly to rent HDB flats in the open market.
About 10,000 flats set to rise in new housing area in Yishun
Eighty per cent of the units will be for public housing.
Young couples to enjoy lower Initial down payment for HDB flats
The government has reduced the initial down payment to 2.5% of the flat price.
Island View in Pasir Panjang to relaunch with a lower reserved price of $532m
The property was previously put up for sale on 19 September 2023 but received no bids.
TID sells 19% of Lentoria at $2,125 psf
Majority likely bought for their own use.
First-time buyers, private homeowners fulfilling wait-out period to fuel HDB resale price growth
HDB resale prices grew 0.5% MoM and 6.4% YoY in February.
CapitaLand aims to grow Vietnam residential units to 27,000 by 2028
CLD plans to focus on large-scale projects in Hanoi, Ho Chi Minh, and Binh Duong.
Lumina Grand sells 61 units on second balloting
The project has now sold close to 70% of its units.
HDB resale prices climb 0.5% MoM in February
Year-on-year, prices rose by 6.4%.
PropertyGuru rebounds with $1m net profit in 4Q23
In 4Q22, the proptech company posted a $5m net loss.
Will lower LBC rates in the CCR boost en bloc sales?
Sector 43 recorded the largest LBC drop for non-landed homes at 19.2%.
SLA revises land betterment charge rates
The agency made adjustments for five use groups.
Centurion’s net profit after tax soars to $175.9m
The FY23 net profit is 131% higher than the FY22 record.
Far East Orchard triples net profit in FY23
Net profit for the period was $66.0m.
HDB BTO exercise attracts over 10,500 applicants
First-timers have a good chance of getting their desired flats, analysts said.
Yanlord reports net loss of RMB934m loss for FY23
The company attributed the loss to an increase in fair value loss on investment properties.