Residential Property
Price-sensitive homebuyers become cautious due to inflation
Price-sensitive homebuyers become cautious due to inflation
Increasing borrowing costs and economic uncertainties contribute to this.
Luxury homes prices lagged in city-fringe and suburban counterparts
Prices for luxury non-landed homes are at $5.50 psf pm.
Lentor Central site to get ‘lukewarm response’
Developers may be cautious in bidding due to pipeline supply.
Tembusu Grand sells over 50% of units at launch
It is the best-selling project in the Rest of Central Region to date.
Expect slight decline in residential price index in H2 23: RHB
This is due to increased competition and supply as well as slow economic growth.
Two reasons behind rebound in HDB resale flat market in March
Property experts attributed the rebound to holidays and government grants.
HDB resale prices up by 0.5% MoM in March
This came mainly from 5-room and executive HDB flats.
Singapore sees slowest quarter in total investment deals since 2020
Total investment sales amounted to S$4.2b during the first quarter.
Three adjoining bungalows at Chancery Hill, Dyson sold for $61.08m
Proceeds of the sale went to charity.
Keppel DC Reit issues $72m floating rate notes due 2030
This is in pursuant to the $2b multicurrency debt issuance programme.
Freehold residential site at Wilkie Road up for sale at $10m
The 3,306-square-foot site housed five residential strata units.
Private houses' price index climbs by 3.2% to 194.6 in 1Q2023
But sale transaction volume fell by 38%.
HDB resale market sees slowest quarterly growth since 2020
It grew by 0.9% in the first quarter of the year.
Keppel Infrastructure unit, Sabana Industrial REIT ink deal on sustainability solutions
Under the deal, PV solar panels will be installed in the REIT’s selected properties.
Condo rents climb 3.5% MoM in February
Across sub-markets, OCR Recorded the highest rent increase.
HDB rents rise 1.2% MoM in February
By room type, 4 Room and Executive recorded the highest rent increase.
JTC opens site under IGLS on Tampines North Drive
The area is the third of four confirmed list sites for the first half of the programme.