Residential Property
Why LBC rates of lands for commercial and industrial use did not increase
Why LBC rates of lands for commercial and industrial use did not increase
The recent rate hike ranges from 3.0% to 10.2%.
Condo prices post first monthly decline in over 2 years: analysts
Weaker sales during the Lunar New Year and fewer sellers caused the decline.
Strong demand seen for BTO flats in Kallang/Whampoa
The HDB launched over 4,400 BTO flats across five sites.
Sinarmas Land's revenue hits record high in FY22
The company's revenue soared 48.8% YoY to $1.3b.
Condo rents volumes slip by 0.9% in January
An estimated 6,285 units were rented during the month.
PropNex’s net profit rises to $65.4m in FY22
The real estate agency attributed the increase to its $1.0b revenue.
S-Reits posts 7.1% increase in returns in January: report
This is above STI’s 3.5% total returns.
Terra Hills sells 38% of units at launch
Units sold for an average price of more than $2,650 psf.
Condo resale prices slip in January: report
This is the first time it declined in 28 months.
Orchard Tower fails to sell
It did not obtain the required threshold for the collective sale.
New home sales soar 130.3% MoM in January
A total of 391 units were sold during the month.
What could support new home sales in 2023?
CBRE expects 7,500 to 8,000 units to be sold for the entire year.
Budget 2023: How will higher BSD rates impact the property market
The hike will affect 15% of residential and 60% of non-residential properties.
HDB resale prices won’t change: PropertyGuru
Demand of resale flats will be subdued as supply increases.
Budget 2023 wishlist: Time to loosen ‘15-month wait-out’ policy for HDB, says Savills expert
The measure was implemented last year in response to soaring demand for HDB.
LHN Group's COLIWOO acquires GSM property for $80m
The property comprises 33 units.
Chart of the Day: Prices for non-landed market in OCR decline 2.6% QoQ
Price growth remained muted in the fourth quarter of 2022.
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