Residential Property
CBRE strengthens ESG services with Paia Consulting acquisition
                                                                                 
                    
                    The consulting firm’s leadership will assume key roles at CBRE.
                
                                
            CBRE strengthens ESG services with Paia Consulting acquisition
                                                                                                                 
                            
                            The consulting firm’s leadership will assume key roles at CBRE.
                        
                                                
                        
    
                    Expert raises 2024 growth forecast for HDB resale prices to 7%-8%
                                                                                                 
                        
                        Demand for resale flats is likely to remain robust for the remaining months.
                    
                                        
                    
                Hongkong Land's losses widen by 150% as revaluations hit earnings
                                                                                                 
                        
                        Loss for the period was US$833m.
                    
                                        
                    
                Margaret Drive residential site draws two bids at tender close
                                                                                                 
                        
                        The highest bid was $497m.
                    
                                        
                    
                Landed home price growth slows to 1.9% in Q2 2024
                                                                                                 
                        
                        For the year, prices will not see more than 6% gains.
                    
                                        
                    
                New private home launches sink to 20-year low in H1
                                                                                                 
                        
                        There were only 1,939 units launched– the lowest since 2004.
                    
                                        
                    
                Narrowing price expectations boost landed home transactions by 45.8% in Q2
                                                                                                 
                        
                        The number of landed homes sold in Q2 was also 58.1% YoY higher.
                    
                                        
                    
                Parkway Life REIT acquires Osaka nursing home for $20.7m
                                                                                                 
                        
                        The REIT will complete the acquisition by Q3.
                    
                                        
                    
                Coliwoo expands River Valley portfolio with two new properties
                                                                                                 
                        
                        One of the properties is set for launch by the end of September.
                    
                                        
                    
                Why homebuyers are increasingly opting for older HDB resale flats
                                                                                                 
                        
                        Old resale flats achieved a record 3,042 transactions in H1 2024.
                    
                                        
                    
                Singapore’s real estate to outperform in cross-border investments
                                                                                                 
                        
                        Knight Frank expects Singapore to account for 11% of cross-border capital trade in 2024.
                    
                                        
                    
                Holland Park bungalow hits market at $23.8m
                                                                                                 
                        
                        PropNex will manage the sale via private treaty.
                    
                                        
                    
                Koh Swee Yan joins the Singapore Land Authority board
                                                                                                 
                        
                        She will serve on the board for two years.
                    
                                        
                    
                2024 developer sales forecast to fall short of 2023 despite H2 boost
                                                                                                 
                        
                        Experts expect full-year sales to fall between 4,000 to 6,000.
                    
                                        
                    
                Hitachi to supply 450 lifts for Singapore high-rise residential projects
                                                                                                 
                        
                        The project will run from 2027 to 2029.
                    
                                        
                    
                Gov’t allocates $742m for upgrades of over 53,000 HDB flats
                                                                                                 
                        
                        Selected flats are in Jurong West, Hougang, Woodlands, and Pasir Ris.
                    
                                        
                    
                Navigating the Rise of Singapore’s Million-Dollar HDB Flats
                                                                                                 
                        
                        The rise of the million-dollar flat – a sign of the times
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                