Residential investment sales plunged 70% in Q4 2019
Singapore saw investment sales for residential properties drop 70% quarter-on-quarter to $929 million during the fourth quarter of 2019, due to the lack of sizable public land sales
Continue Reading • 31 Jan 2020
Sales galleries introduce high-end amenities to attract potential buyers
Singapore’s private housing market developers, especially those of the luxury market, have lately been more creative with their sales galleries.
Continue Reading • 28 Jan 2020
HDB resale transaction up 2.7% in 2019
Resale flat prices also rose 0.5% quarter-on-quarter.
Continue Reading • 24 Jan 2020
Sino Group chairman’s son acquires GCB for $37m
The East Sussex Lane GCB is acquired by Alexander Ng – the son of Hong Kong-based Sino Group chairman Robert Ng.
Continue Reading • 23 Jan 2020
Private home prices up 2.7% in 2019
On a quarterly basis, private home prices climbed 0.5% in the fourth quarter of 2019, continuing the 1.3% increase seen in the previous quarter.
Continue Reading • 23 Jan 2020
Researchers withdraw earlier claim of “insider trading” during golf sessions
Following the Real Estate Developers’ Association of Singapore’s (REDAS) strong denial of the allegations of “insider trading” during golf sessions, the researchers have now removed their claims in an updated version of the paper.
Continue Reading • 23 Jan 2020
Singtel, CapitaLand and CDL included in Global 100 list
Singtel, CapitaLand and City Developments (CDL) placed 95th, 63rd and 36th respectively in the list.
Continue Reading • 22 Jan 2020
Thomson-East Coast Line Stage 2 on track for 2020 opening
TEL will benefit around 100,000 households “as they are now within a 10-minute walk from one of the nine stations”.
Continue Reading • 20 Jan 2020
Redas strikes back against NUS for 'developer collusion' study
Redas cast doubt on the methodology used in the paper and said they reserved the right to examine the findings so that the “faulty assumptions” could be addressed.
Continue Reading • 20 Jan 2020
Wing Fong Court condominium up for collective sale for $108m
Meanwhile, the adjacent condo, Wing Fong Mansions, might also be put up for collective sale soon.
Continue Reading • 17 Jan 2020
Developers' to remain cautious in aggregating land in 2020
Developers have slowed down in their land-banking activity as they wait for demand for private homes to grow.
Continue Reading • 17 Jan 2020
No golfing way!
The group of researchers say that insider trading among the top executives of real estate development firms happens on golf courses.
Continue Reading • 16 Jan 2020
Around 20,000 HDB units annually to hit MOP starting 2020
Flats that will hit the MOP is expected to reach 17,000 to 19,000 annually over the next 10 years.
Continue Reading • 16 Jan 2020
New private home sales drop 53.1% in December
Lack of sales in December down to holidays and lack of new launches, according to experts.
Continue Reading • 16 Jan 2020
Foreign buyers show resilience in the luxury condo market
While the cooling measures have dampened demand for residential properties, foreigners who bought top-end condos are showing more resilience.
Continue Reading • 15 Jan 2020
Knight Frank report: Auction listings jumped 23.9% in 2019
The surge in mortgage sale listings was due to higher retrenchments, hikes in interest rates, and drop in rental payments.
Continue Reading • 15 Jan 2020
Tenders for Jalan Bunga Rampai, Irwell Bank Road sites awarded
Wee Hur Development and CDL were the highest bidders for the GLS sites.
Continue Reading • 15 Jan 2020
Developers’ cautious GLS bid causes 8-20% drop in land prices
The muted sales take-up rates seen in existing projects in the vicinity of both sites are possible reasons that developers have placed lower bids.
Continue Reading • 14 Jan 2020
Casa Sophia finally sold en bloc for $29 million
The price works out to a land rate of $1,200 per sq ft per plot ratio (psf ppr).
Continue Reading • 14 Jan 2020
Koh Brothers sells 10 Van Holland units at launch
Koh Brothers revealed that a good mix of one- to three-bedroom apartments were sold.
Continue Reading • 14 Jan 2020