Residential Property
HDB rental prices to grow moderately in 2024 as demand stabilises
HDB rental prices to grow moderately in 2024 as demand stabilises
For 2024, OrangeTee expects prices to only rise around 3%-5%.
Significant increase in house supply drags private rental price growth
In October, rents declined by 0.2% MoM.
Private rental transactions likely to fall below the 10-year average in 2023 and 2024
The supply ramp-up of 28,600 new properties has taken a toll on the rental market.
CCR sees surge in resales of properties priced $5m and below
Properties priced $5m and below accounted for 95.5% of resale transactions in the CCR.
Resale condo prices to moderate in coming months
Price gains may be capped at around 8% in 2023.
Condo rents drop 0.2% MoM in October
Rents across sub-markets dropped in October, except for RCR.
HDB rents slip 0.4% MoM in October
By room type, 5 Room recorded the highest rent decrease.
Will Long Island be Singapore’s second Sentosa?
An expert expects over 30,000 and 60,000 homes to be built on the 800ha land.
Condo resale prices increase by 7.5% YoY in October
Across submarkets, OCR posted the highest year-on-year price increase.
Condo resale volume jumps 14.7% MoM in October
Over 800 units got resold during the month.
Two adjoining Gentle Road properties sell for $30.9m
Pinnacle Projects won the tender for the properties.
High-end non-landed home price growth momentum slows
It grew by 0.4% QoQ in the third quarter of 2023.
Why Singapore home buyers will be more discerning in 2024
Sales volume dropped 8.5% QoQ as prices continued to climb.
Third Avenue Good Class Bungalow sold for $26.5m
The property spans 14,576 sq ft with a total gfa of approximately 10,000 sq ft.
Raffles Town Club site slated for housing redevelopment
Raffles Town Club will not renew its land lease when it expires on 17 October 2026.
Private residential leasing volume down 9.8% YoY in Q3
A total of 23,145 private homes were leased during the period.
Keppel releases $200m floating rate notes due 2029
This is pursuant to a $5b multicurrency medium-term note programme.
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