Residential Property
15-unit Margate Point apartment up for en bloc sale at $38m
The site can yield 35 units with 70 sqm average size each.
Oxley buys 10.07% stake in Aspen Group for $23.28m
The two may enter into a joint venture for Malaysian development projects.
Private condo prices up 1% in March
Prices in non-Central areas climbed 1.6% and led growth.
Oxley Q3 profits crashed 33% to $30.56m
It warned that it could be hit by political and economic policies, along with rising interest rates.
Private home prices up 3.9% in Q1 as foreigners scramble for good deals
Malaysian and Chinese SPRs expressed willingness to shell out more to score good home buys.
$1.04b bid for Silat Avenue site is ‘underwhelming'
Its ‘untested’ location and distance from MRT stations could be a disadvantage to its large size, an analyst says.
Chart of the Day: Singapore's private home prices up 3.9% in Q1
The prices of private condos led the growth at 4.4%.
GuocoLand Q3 profits up 7% to $31.54m
It cited “healthy” sales for its residential projects in Singapore.
Outlook on real estate reaches an 8-year high at 7.1 points
But market players are growing worried about risks like rising interest rates and oversupply.
348-unit luxury condo to be built on Dunearn Gardens site
The site was sold en bloc to EL Development for $468m.
Chart of the Day: Caveats for district 1 and 2 private condos soared 153% in 2017
Demand for the condos has breached the 21-quarter average of 85 units.
Chart of the Day: Private condo prices in districts 1 and 2 hit historical highs in Q1
The average price in both districts rose to $2,653 psf.
En bloc sale of Choon Kim House in Upper Serangoon Road launched at $55m
It can support 35 residential and 22 commercial units, assuming it gets a 60:40 mix.
Home prices of districts 1 & 2 beat other high-end districts
The average price of private condos in the two districts rose 9.3%, faster than the historical high of 6.2% in Core Central Region.
Ascott REIT Q1 profits up 54% to $29.55m
Acquisitions like Ascott Orchard Singapore boosted its profits.
Who are the winners and losers in Singapore's proposed rules on Airbnb-style rentals?
Owners of small long-term leasing projects in areas like Killiney, Novena, Newton, and Serangoon are poised to benefit, an analyst says.
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