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Rents drop by another 1.9% in Q1. Private home prices are up 1.4%.

Urban Redevelopment Authority figures released on Friday (Apr. 26) show that private residential property prices rose 1.4% in the first three months of 2024. This was just a little lower…

Bin Tong Park house purchased by S$84m daughter of Chinese steel and nickel magnate

The bungalow is built on a basement with a total area of 18,000 sq ft. Six bedrooms are included, along with a 19 metre pool, living, dining and entertaining spaces.…

Rental listings are on the rise as demand falls and rents fall

PropertyGuru’s portal saw a median asking rental increase of 27,3% between January and December 2023. The median transacted rate, on the contrary, increased 35.3%. Lee pointed out that rents have…

Solitaire on Cecil’s ninth floor sold to China buyer at S$51.48million

Bloomberg states that Shanghai Langning Trade Co. is a metal company. They manufacture and sell copper, aluminum, zinc and other related materials. Long Twinkle Trading (founded in November 2022) recently…

GuocoLand & Hong Leong’s hold on Upper Thomson could be cemented by the site’s completion.

The land rate of Lentor Central is 8 per cent less. A joint venture comprising Hong Leong Holdings and GuocoLand, as well as China Construction (South Pacific Development Co) was…

New serviced apartments for long-term stays are a boon for developers and a bane to private landlords

Recurring revenue I believe that developers are interested in buying land parcels to build houses for sale or long-stay apartments for rental. These sites can provide developers with development profits…

Sabana should be leading smaller Reits to exit if their unit prices are underperforming

Selling JTC data shows that industrial rents will increase by 5.1% and 8.9% respectively in 2023. Sabana Reit could be a good investment given the demand for industrial property in…

Private condo rents will likely face greater headwinds during H2 2024

The private housing market is expected to decrease in 2024. Nearly 10,000 new homes are scheduled for completion. The number of units completed will decrease to 5,500 in 2025. She…

Unsold housing stock in private housing on the increase ahead of new launches in 2024

It is not surprising that there are more unsold new homes. Many residential projects could be nearing their sales deadlines with many unsold units. The URA Realis database showed that,…

Jurong Lake District, a master-developer’s model?

Upon completion, this development could produce 1,700 residential units and 146,000 sq m (sqm) of office space. The development will include 73,000 square metres of space to be used by…

Rents drop by another 1.9% in Q1. Private home prices are up 1.4%.

Bin Tong Park house purchased by S$84m daughter of Chinese steel and nickel magnate

Rental listings are on the rise as demand falls and rents fall

Solitaire on Cecil’s ninth floor sold to China buyer at S$51.48million

GuocoLand & Hong Leong’s hold on Upper Thomson could be cemented by the site’s completion.

New serviced apartments for long-term stays are a boon for developers and a bane to private landlords

Sabana should be leading smaller Reits to exit if their unit prices are underperforming

Private condo rents will likely face greater headwinds during H2 2024

Unsold housing stock in private housing on the increase ahead of new launches in 2024

Jurong Lake District, a master-developer’s model?

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