Residential Property
UOL, SingLand sold 57% of Watten House units
UOL, SingLand sold 57% of Watten House units
The average price per unit is around $3,230 per square foot (psf).
Asking rents to drop more as supply increases and domestic demand eases: expert
Overall rental price index declined 2.5% QoQ in 3Q23.
Demand for residential properties falls 14.4% QoQ in 3Q23
Supply likewise dipped during the quarter.
Prime residential prices decline 2.6% QoQ in 3Q23
Knight Frank attributed the price declines to stamp duties on foreign buyers.
PropertyGuru taps Singlife chair to lead its board of directors
Singlife’s Ray Ferguson will begin his role at PropertyGuru on 1 January 2024.
New home sales to rebound in November after lacklustre October: experts
Transactions fell 6.5% MoM in October, marking the third consecutive month of decline.
URA launches Holland Drive and De Souza Avenue sites for sale
The sites can yield 680 and 355 residential units, respectively.
New home sales dip 6.5% MoM in October
October’s sales tally is the lowest in 2023.
URA awards tender for Clementi Avenue 1, Pine Grove Parcel B, and Lorong 1 Toa Payoh
The tendered price for each site were $633.45m, $692.4m, and $968m, respectively.
J'den, Hillock Green to 'breathe life' into lacklustre primary market
The developments sold 88% and 27% of their units, respectively.
J’den by CapitaLand Development sells 88% of its units in weekend launch
It sold units at an average price of $2,451 per square foot.
Centurion posts 10% YoY revenue increase in 9M23
In Singapore, Centurion’s revenue rose by 8% YoY to $99.2m.
Buyers are actively seeking HDB resale flats without resale restrictions: expert
This supported prices in the HDB resale market, which rose 0.5% MoM in October.
HDB resale prices rise 0.5% MoM in October
Year-on-year, prices rose by 5.3%.
GLS tenders seeing lower participation rate, but higher bids: experts
In the recent tender, the highest bid price was $1,360 psf ppr for the Lorong 1 Toa Payoh site.
URA closes tender for 3 sites
The sites received a total of 12 bids.
Money laundering scandal erodes sentiment in luxury homes market: report
In 3Q23, luxury homes slowed further to 37 units, translating to a 41.3% QoQ drop.
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