Residential Property

Chart of the Day: 60% of condo projects show low take-up rates in its first month

New projects’ benchmark prices and hefty stamp duty continue to be the main drag.

Private home sales plunged 38.6% in Q4 2019

Developers held back launches during the festival season.

Keppel Land China to co-develop Taicang residential site for $469m

The site is expected to yield more than 1,000 residential units.

Keppel Land acquires 49% stake in Taicang residential site for $97m

Taicang Xuchang Property will become an associated company of Keppel Corporation.

Half of Singaporeans unfamiliar with home loan paperwork

Two in five did not know that they can refinance their home loans.

HDB scraps ROF exercises for unsold flats

Unselected flats from SBF exercises will be offered straight for open booking.

HDB resale prices up 1% in February

Five-room inched up by 1.2% and executive rooms rose by 0.9% YoY.

URA closes tenders for sites at Canberra Drive and Fernvale Lane

A Canberra Drive site got the highest bid of $644 psf ppr from Oasis Development.

Chart of the Day: New home sales to fall between 7,000-8,000 in 2020

Prices are expected to stabilise with a 0%-1% growth.

Yanlord's profit down 5% to $664.88m in 2019

Pre-tax profit decline was blamed on decrease in gross profit and increase in finance cost.

New completions to ramp up residential vacancy rates in Q1

This could cause prices of nearby older homes to stagnate.

Top 3 S-REITs' returns hit 26.9% in 2019

These trusts also collected a combined market cap of over $20b.

Far East H-Trust may reduce rents amidst slowing demand: report

RevPAR is expected to be lowered to -12% over slower occupancies in 1H20.

New home sales surged 41.4% in January: URA

The take-up was led by projects in the RCR.

Condo rentals rose 0.9% in January

CCR rents saw the highest growth for the month.

HDB rents up 0.8% in January

Three-room flats saw the highest growth for the month.