Residential Property
Real estate investment sales grew 11.4% to $10.31b in Q2
                                                                                 
                    
                    There were 15 residential en bloc sales that boosted quarterly sales.
                
                                
            Real estate investment sales grew 11.4% to $10.31b in Q2
                                                                                                                 
                            
                            There were 15 residential en bloc sales that boosted quarterly sales.
                        
                                                
                        
    
                    Keppel Land sells Orbista for $40.2m
                                                                                                 
                        
                        As a result, it has dropped the ownership of Vietnamese developer QLP.
                    
                                        
                    
                Sixth Avenue bungalow plot up for sale at $16m
                                                                                                 
                        
                        The 12,560 sqft site near the MRT station could be redeveloped.
                    
                                        
                    
                HDB resale prices up 0.1% in Q2
                                                                                                 
                        
                        Meanwhile, the supply for BTO flats will be cut from 17,000 to 16,000.
                    
                                        
                    
                Private home prices up 3.4% in Q2
                                                                                                 
                        
                        Home sellers raise their prices as buyers rush to get homes before they turn costlier.
                    
                                        
                    
                GLS sites in Clementi Avenue and Jalan Jurong could lure heated competition
                                                                                                 
                        
                        The Clementi estate's proximity to amenities and schools will make it more attractive.
                    
                                        
                    
                Auction property sales down 33% to $19.64m in Q2
                                                                                                 
                        
                        The number of mortgagee sales and high-priced properties both fell in the period.
                    
                                        
                    
                Private condo prices rose 1.5% in May
                                                                                                 
                        
                        Prices of condo units in the Central area gained 1.8%.
                    
                                        
                    
                Four residential sites up for sale under GLS programme
                                                                                                 
                        
                        They can yield up to 1,920 units in total.
                    
                                        
                    
                Analysts expect heated competition over sale of Kampong Java Road site
                                                                                                 
                        
                        It was launched in the Confirmed List of the Government Land Sales programme.
                    
                                        
                    
                Yanlord Land raises stake in property unit for $215.92m
                                                                                                 
                        
                        Its interest in the company jumped from 60% to 100%.
                    
                                        
                    
                Oxley sells all 170 units in The Verandah Residences
                                                                                                 
                        
                        Units were sold at an average of $1,795 psf.
                    
                                        
                    
                Tightening measures and oversupply risks haunt Singapore home market
                                                                                                 
                        
                        Developer stocks fell 4.8%, underperforming the Straits Times Index.
                    
                                        
                    
                CPF members to pay lower contribution for home protection insurance
                                                                                                 
                        
                        About 510,000 CPF members will be covered by the said reduction in HPS premiums.
                    
                                        
                    
                Keppel Land sells stake in Vietnamese developer for $41.2m
                                                                                                 
                        
                        It expects a $13m gain from the sale.
                    
                                        
                    
                Chart of the Day: Fewer launches in January to May dent new-home sales
                                                                                                 
                        
                        There were 124 new units sold for every unit launched.
                    
                                        
                    
                PropNex launches Mainboard IPO at 65 cents per share
                                                                                                 
                        
                        It aims to raise $38m and boost market cap to $240.5m.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                