Residential Property
Redevelopment site along Pasir Panjang Road sold for $18.5m via bidding
Redevelopment site along Pasir Panjang Road sold for $18.5m via bidding
It sold above the guide price of $18m.
‘Subdued’ market impact seen in new URA guidelines
The guideline sets a minimum of 20% dwelling units for new developments.
Singapore’s luxury homes market unchanged in Q3
Luxury non-landed market saw 110 transactions in the third quarter, similar to the previous quarter.
New home sales more than double in September
This was linked to two new mass market projects – Lentor Modern and Sky Eden@Bedok.
Chart of the day: Bigger ECs fetches bigger profits when resold
At least 1,600 sqft yielding an average gross profit of S$455,207 each.
Property investment sales decline 33.4% QoQ in Q3
Higher interest rates and global political uncertainties affected investment sales.
Meyer Park relaunched for sale with a reserve price of $420m
The tender for the property will close on 2 November.
Auctioned properties sold reached $48.92m in first 9 months of 2022
The number of properties sold increased by 19.23% compared to last year.
Chart of the day: 99.9% of ECs sold made a gross profit averaging around $300k
Most ECs sold for a profit of $100k to less than $400k.
Are S-Reits with exposure to Europe safe from Euro depreciation?
UOBKayHian advises to maintain buy for six Reits whilst hold for one Reit.
New home sales unhindered by rising mortgage rates
Sales were bolstered by the successful launches of major mass-market project.
Residential investment sales up for the 2nd consecutive quarter in Q3
It is the top performing sector during the period with $3.58b in sales.
HDB rents rise 3.2% MoM in September
By room type, 5 Room saw the highest rent increase.
Condo rents climb 3.3% MoM in September
Across sub-markets, RCR saw the highest rent increase.
Why condo resale prices surged in September
New launches and strong demand for suburban homes uplifted prices.
Condo resale prices climb 1.7% MoM in September
This marks the 26th straight month of a price increase.
Gov't to review housing policies to make SG a better place for families: Wong
DPM Lawrence Wong said housing is amongst the top concerns of young couples.
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