Residential Property
The weakest link: Capitaland’s residential property sales plunged 91% in Q3
Year-to-date sales value plummeted 80% to just $444m.
The weakest link: Capitaland’s residential property sales plunged 91% in Q3
Year-to-date sales value plummeted 80% to just $444m.
Chart of the Day: Private home prices decline for the fourth consecutive quarter
Non-landed homes in Core Central saw the largest drop.
Struggling developers failed to sell almost 7,000 newly-launched flats in Q3
1 in 2 units were in the OCR.
Chart of the Day: 1,553 HDB resale flats sold in October is highest this year
Downward pressure has been eased.
World’s worst performer: Singapore luxury home prices plunged 10% in Q3
It saw the biggest drop in a global index.
Singapore’s property curbs send Sentosa prices plummeting
Condo prices are near an eight-year low.
Upside surprise: HDB resale prices inched up in October on back of higher EC costs
Resale volume climbed 5.7%.
Chart of the Day: Singapore’s new private homes crashed 63.8% in 3Q
Developers had to sell more from existing projects.
Tiong Seng wins $276m condo contract at Choa Chu Kang Grove
It has 1,327 units.
MND slashes BTO flat supply for 2015 on back of sluggish local demand
Surplus stock is building up.
Developers flooded with unsold units as new home sales plunged 42.6% in Q3
New launches crashed 63.8%.
Chip Eng Seng wins $232m HDB contract at Woodlands
To be completed in mid-2018.
New home sales plunged 37% in Q3 as frugal buyers snub weary developers
Launches also dipped by 60.9%.
Why Singapore developers are in worse funding shape than REITs
Former has more short term refinancing needs.
City Developments diversification strategy won't plug Singapore market decline
At least in the short term horizon.
Singapore landlords build world empires with bond sales: Bloomberg
The home country is such a small playing field.
District 23 emerges as 3Q14’s residential hotspot for affluent foreign buyers
Increased cost of foreign ownership wasn’t such a difficult pill to swallow, after all.
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