Residential Property
Homes are more affordable now than 20 years ago
Homes are more affordable now than 20 years ago
It also now takes 4.8 years to buy a home, compared to 7.3 years in 2010.
Kismis View site sold for $102.75m
Owners expect to receive gross proceeds of $1.6m and $3.3m.
Eunos Mansion en bloc sale launched
Reserve price is at $218m, or $1,219 psf ppr.
Farnborough Business Park acquisition to strengthen FCT's income
Combined with a $79m fundraising, the accretion of FCT's DPU could reach 1-2% in 2018 to 2019.
Chart of the Day: Number of empty homes expected to hit 11,271 in 2021
The proportion of stock under construction could fall to nearly 20%.
CDL announces final offer for M&C
Interested investors must vote by January 23.
En bloc sale of 48-unit Hollandia launched for $163.15m
The buyer can redevelop up to 12 storeys and a gross floor area of 107,688 sqft.
Chart of the Day: Absence of project launches pull home sales down 45.3% in December
But the full-year volume in 2017 is 34% higher than in 2016.
Home sales to rise in 2018 due to market optimism
And 15 major private residential non-landed projects with over 100 units could launch in 2018.
Dunearn Gardens up for grabs for at least $488m
It can yield up to 354 new residential units.
Chart of the Day: See how the value of en bloc deals surged in 2017
But it didn't hit the peak value of $11.4b in 2007.
Guess which condo sold the most number of units in December
Symphony Suites was the only project to hit the 50-unit mark in the month.
CDL to get boost from stronger home sales
It will launch New Futura and the 861-unit condominium project at Tampines Ave 10.
431 private homes sold in December
Around 13,000 to 14,000 units are expected to be sold in 2018.
Chart of the Day: Home supply will hit 7,893 in 2018
But it won't be enough to hit the peak levels in 2016 and 2017.
Property market optimism could lead to overheating: analysts
"Overly optimistic" bids are appreciating prices by 10-40%.
Park West sold for $840.89m
About $144.6m can be paid to expand the estate's floor area.
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