Residential Property
Home vacancy rates breach 8% as owners hope to cash in on sale frenzy
Home vacancy rates breach 8% as owners hope to cash in on sale frenzy
Developers and property owners are selling their homes with the hopes of scoring a bargain.
Private home sales crashed 28% to 377 units in February
Most developers are timing their project launches, preferring to wait after the Lunar New Year festivities.
Minbu Villa up for en bloc sale at $145.8m
The 10-storey freehold can be redeveloped up to 36 storeys with a floor area of 9,995.72 sqm.
Chart of the Day: Home sub-sales hit 11-year low in 2017
The number of speculative activities has receded over the years.
Rental volume of HDB flats and private condos crashed in February
The rental volume of private condos fell 20.4%, whilst the volume of HDB flats rented fell 19.1%.
Three property agencies launch real estate online platform
ERA Realty, Huttons Asia, and PropNex Realty are releasing two apps and one portal under the SOREAL umbrella.
Property price benchmarks hit a five-year high amidst launching fever
New Futura's $3,200 psf price benchmark has not been seen since 2013.
Perennial Estate to acquire stake in Capitol Singapore for $528m
Capitol Entities will become its wholly-owned subsidiary when the sale of shares is completed.
Eunos Mansion sold en bloc for $220m
The owners of its two penthouses will receive $3.55m and $4.7m.
210-unit Goodluck Garden sold en bloc for $610m
It lured high bids due to the absence of development charges.
Prime Toho Mansion in District 10 sold en bloc for $120.4m
The buyers are eyeing a lifestyle-themed development for the site.
110-unit residential development to rise in Geylang
Developers recently bought properties on the freehold land at 31 to 51 Lorong 24.
Chart of the Day: 25% of home sales were from non-Singaporeans
They bought 1,324 private condo units, a 0.7% dip in the sales volume.
27 Moulmein Rise up for sale at $110m
Savills said it expects strong interest in the site as there are no new project launches near the Novena MRT station.
Will Singapore head into a housing bubble soon?
Analysts weigh in on whether the conditions are ripe for a housing bubble or not.
HDB resales up 9.7% to 1,195 units in February
Resale prices were down by 2.4%.
Private condo prices hit record highs
The average price of non-landed homes reached a new high of $1,427 psf in January to February 2018.
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