Residential Property
Ascott Residence Trust acquires 5 longer-stay properties in Japan for $125m
Ascott Residence Trust acquires 5 longer-stay properties in Japan for $125m
This includes ART's first student accommodation property in Japan.
Investment sales soar 86.8% YoY to $26.1b in Q4 2021
This is on the back of major commercial deals.
Around 7 in 10 homebuyers affected by property cooling measures
More investors might turn to commercial properties rather than luxury properties.
Almost half of millennials prioritise savings for vacations H1
This is as Singapore opened more vaccinated travel lanes.
Haig Road Flats up for sale at $48m indicative price
An indicative price of $48m was set, translating to a land rate of $1,252 per square foot.
Colliers facilitates sale of Baode Building for $27m
The sale happened after a relaunch of tender on 14 December 2021.
4 factors mitigating inflation’s impact on REITs
Two of these factors are related to utility costs.
Prime home prices rise 3.5% in 2021
In 2022, analysts expect prices to rebound by 2.0%.
Chart of the day: HDB resale flats price index grows 3.4% in Q4 2021
This is due to the low supply caused by construction delays.
CDL hits earnings with $129.7m H2 profits
It also achieved an all-time high record of 2,185 units sold for the year.
Pine Grove Parcel A site tender could attract bids as high as $637m
This amount translates to a land rate of $1,250 psf per plot ratio.
New BTO units oversubscribed by 6.3 times in February
Dakota Crest in Geylang led in terms of applications.
Which segment will take the blow from the property tax hike?
The hike will come into effect in 2023.
How will the property tax hike affect the residential market?
As outlined in the 2022 Budget, property tax will increase in 2024.
Property sale market's price index jumps 5.07% QoQ in Q1
HDB flats increased faster in their price index compared to other property types.
HDB opens sale for BTO flats
The February exercise appealed to singles, new families, and seniors.
HDB rental cause of price index surge: PropertyGuru
The RPI for HDB flats for Q4 2021 is at 174.34 points, compared to the overall score of 137.40.
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