Residential Property
Resale market bears brunt of property curbs as resold condo units crashed 35.3% in August
Resale market bears brunt of property curbs as resold condo units crashed 35.3% in August
Resale condo prices also witnessed the highest decline at 1.6% in August.
Slower take-up rates could hurt property stocks' performance
The outperformance of property stocks historically showed the highest correlation to take-up rates.
Laguna Park up for en bloc sale at $1.48b
It can be redeveloped to about 2,487 units.
Developers' home sales crashed 63% to 616 units in August
The ghost month festival and the property curbs were a double whammy.
Cairnhill Astoria attempts second collective sale
Unit owners are keen to sell the property before it gets older.
Grange Heights to go en bloc at $820m
It has a building height control of up to 36 storeys and a proposed GFA of 39,108.9 sq m.
Highest bid for Anchorvale Crescent EC site hit $318.89m
It defeated the next highest bid by just $899.
Embattled developers bear larger debt burdens amidst cooling measures
CDL's net debt to equity ratio has surged from 10% in Q1 to 18.9% in Q2.
Singapore saw the ninth highest hike in Q2 home prices: study
The property curbs took its toll on private condo prices in the city-state.
Extended tender didn't work for $1b Horizon Towers
With no bids at all, it may have been a casualty of the property curbs in July.
Plot in Sino-Singapore Tianjin Eco-City sold for $292.47m
This is the second plot sold by Keppel in H2 2018.
Buyer of SingHaiyi's Vietnam Town drops 141-unit bulk sale commitment
Transaction price has been reduced from $128.3m to $31.8m.
Private condo rents down 0.1% in August
HDB rents rose 0.1%.
Gisborne Light up for en bloc sale at $37m
It can yield up to 27 apartment units.
China to push for legislation of property tax
The market cannot be put under control even after previous curbs over the past two years.
Private condo resale prices down 0.2% in August
Overall price index slipped for the first time since July 2017.
VERS may need involvement of private developers: Lawrence Wong
More flats are expected be eligible to VERS compared to SERS.
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