Residential Property
Private residential market ends 'state of pause' in April
Private residential market ends 'state of pause' in April
The market has already logged some 500 new home sales for May.
2 new GLS sites in Lentor area to sell for $1,050 to $1,100 psf ppr each
Property experts expect the sites to attract 3 to 10 bidders.
Condo, HDB rental volumes drop double digits in April
Volumes declined by 21.0% MoM and 20.7% MoM, respectively.
Keppel DC Reit designates $110m price for fixed rate notes
The notes will mature on 17 May 2028.
Condo resale price increase by 0.7% MoM in April
Analyst says resale market may recover.
MoF slaps equity interests in PHEs transferred into living trusts with addt’l conveyance duties
The ACD will apply to transfers made on or after 10 May.
Manulife US REIT posts 91.7% occupancy in Q1
The recorded occupancy is above the US Class A average of 83%.
77% of units at Piccadilly Grand sold on weekend launch
Units were sold at an average selling price of $2,150 psf.
MOF subjects residential properties transferred into living trust to 35% ABSD
The ABSD will apply to transfers made on or after 9 May.
Freehold good class bungalow on Joan Road on sale for $48m
The price is $1,628 per square foot.
HDB resale prices up 1.1% MoM in April
On a yearly basis, overall price for HDB resale increased by 11.9%
Yanlord Land prepared to address possible property dev't delays in China
It currently has projects in 20 cities in China.
Resale HDB prices to rise by 5% to 8%: OrangeTee
People will prioritise spending for basic goods instead of resale flats.
3 factors that led to the slowdown in the private residential market
Several silver linings, however, will help alleviate the effects of these factors, an expert said.
Fewer foreigners bought homes in Q1
The count of non-landed homes bought by foreigners was down by 47.3%.
2 sites at Tampines North Drive 5 put on sale: JTC
One of the sites is on sale for $7m.
Chart of the Day: Private home sales in CCR declined in Q1
There was a 40.8% decline in private homes sold compared to the previous quarter.
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