Residential

But buyers of new launches face slimmer gains on higher purchase prices

Transaction volume of private homes shrinks 30% in quarter, while HDB volume grows 17.7%

The East Coast Road parcel can yield 85 units, and the Serangoon plot, 235

Analysts say that much will depend on next month’s Budget, which will set out who qualifies for support and where it can be used

70 out of 212 units have been launched for its first phase of sales, remaining will come to market in upcoming months

Consider capping prices of such homes to largely below S$1.6 million each

Extending the levy to include lower-value properties would more than double the number of homes caught

The buyer has not been publicly disclosed; listings for the property have not shied away from its association with the US president

Developments aged 40 to 59 will need 70% consent for collective sale; those aged 60 and up will need 65%