HDB rental volumes in May were down by 45.1 per cent from a year ago.ST PHOTO: CHONG JUN LIANG The volume of private apartments and Housing Board flats rented may have bottomed out in the second month of the circuit breaker, but rents could continue to weaken, market observers said in response to flash data … Continue reading Rents may weaken further even as rental volume bottoms out
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More home buyers sign on dotted line in May, drawn by discounts, low rates, affordability
NEW private home sales jumped 74.7 per cent to 484 units in May from 277 units in April as stay-home buyers zoomed in onscreen to their dream home. Despite a full month of circuit breaker amid a relentless barrage of layoff and wage cut news, buyers were not deterred as they picked more affordable homes, … Continue reading More home buyers sign on dotted line in May, drawn by discounts, low rates, affordability
New private home sales rebound in May despite virus curbs
Parc Clematis in Clementi, one of the best-selling projects last month, under construction in December. Developers here sold 484 new private homes in May, going by sale caveats, according to Knight Frank Singapore yesterday. That is a 74.7 per cent increase from the 277 new private homes sold in April. ST PHOTO: KELVIN CHNG New private … Continue reading New private home sales rebound in May despite virus curbs
Singapore developers start to dangle discounts to move units
MORE discounts are popping up at new private projects as developers try to move sales. New private home sales in April plunged 58 per cent to 277 from 660 in March. February's sales numbered 976, the highest monthly volume so far in 2020. Developers sold 9,912 units in 2019. Currently, the discounts offered during the … Continue reading Singapore developers start to dangle discounts to move units
Condo resale prices hold steady in May
Resale prices for non-landed private homes held steady last month despite sales volume continuing to fall during the second month of the circuit breaker period, according to flash figures from real estate portal SRX Property yesterday. About 171 units were resold last month, similar to levels seen during the global financial crisis of 2009. This … Continue reading Condo resale prices hold steady in May
Malaysia holding talks with Singapore to allow Malaysian workers to travel again from Johor
Malaysians working in Singapore have to to undergo 14 days of quarantine should they return home.ST PHOTO: LIM YAOHUI KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - Malaysia's Senior Minister Ismail Sabri Yaacob said on Monday (June 8) that Malaysians working in Singapore can start travelling and resume work there once both governments reached a resolution … Continue reading Malaysia holding talks with Singapore to allow Malaysian workers to travel again from Johor
The office isn’t dead. It’s just convalescing
I returned to the office last week, joining thousands of bankers from Citigroup to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, it's going to take some getting used to. The easing of coronavirus lockdowns perhaps heralds the beginning of the end for the … Continue reading The office isn’t dead. It’s just convalescing
Singapore did not take in ‘large flows’ of Hong Kong deposits: MAS
The Monetary Authority of Singapore (MAS) on Sunday stepped out to clarify that Singapore has not received "large flows" of bank deposits from Hong Kong to Singapore. ST PHOTO: KUA CHEE SIONG Singapore THE Monetary Authority of Singapore (MAS) on Sunday stepped out to clarify that Singapore has not received "large flows" of bank deposits … Continue reading Singapore did not take in ‘large flows’ of Hong Kong deposits: MAS
More seem keen on mortgage refinancing as interest rates fall
Potential home buyers viewing a model of Housing Board flats at the HDB's Toa Payoh office. Mr Paul Wee of PropertyGuru Group says the lowered interest rates on Sibor-pegged loans could help home owners alleviate what could be their biggest recurring monthly expense.ST FILE PHOTO More home owners may be considering refinancing their mortgages, as … Continue reading More seem keen on mortgage refinancing as interest rates fall
Transaction volume by foreign home buyers fall 26.1% in 1Q2020
Overall, transaction volumes for private homes have declined for the second consecutive quarter by 14.4% q-o-q to 4,174 homes in 1Q2020 (Photo: Unsplash) SINGAPORE (EDGEPROP) - Based on the residential status of home buyers in Singapore, the number of foreign home purchasers have fallen the most by 26.1% to 215 units in 1Q2020, compared to … Continue reading Transaction volume by foreign home buyers fall 26.1% in 1Q2020
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