Residential Property

Home price hikes could persist until Q3 2020

Although prices normally rise for 8.7 quarters, global headwinds could suggest shorter growth.

Chart of the Day: Tiny condo units took up 80% of new sales in Q3

The percentage of units smaller than 500 sqft climbed to 15.1%.

Chart of the Day: Share of condo units sold to HDB upgraders fell to 30%

Sales volume of buyers with HDB addresses fell 3.4% to 1,232 units.

Chart of the Day: RCR takes up bigger share of sold new condos priced above $3m in Q3

The recently launched Avenue South Residence sold 26 units sized 1,000-1,500 sqft.

Uncompleted home listings surged 45% to 3,628 units in Q3

62.7% or 2,275 units were from 12 newly launched projects.

Chart of the Day: Condos priced below $1m dominates OCR resales in Q3

Buyers were able to purchase bigger units in the resale market compared to the new sale market.

Chart of the Day: Condo resales down 8.5% to 1,855 units in Q3

This may be due to an increase in new condo launches.

S-REITs double equity offerings for 2019 with $6.1b raised so far

Ascendas REIT’s $1.3b rights issue will be the largest to date upon completion.

Chart of the Day: Mainland Chinese made up 18.8% of NPR home buyers in Q3

They bought 10 more units in Q3 compared to the previous quarter.

Private home sales crashed 26.9% to 928 units in October

The absence of major launches outside CCR dragged down sales volume.

New condo sales jumped 49.2% to 3,198 units in Q3

All regions recorded growth in new sales, with the largest surge being seen in OCR.

Chart of the Day: Almost half of condo units sold in Q3 priced $1m-$1.5m

This is a result of an increase in the proportion of smaller units being sold.

SPH buys 284-bed student dorms in Germany for $23.3m

The property is located in Bremen University which houses a population of 19,000 students.

City Developments profits down 33.7% to $114.96m in Q3

The property development segment generated lower gross profits.