Property News

Amid frenzied buying at new home launches, developers may be signalling a peak

While Lentor Modern was the latest suburban condo to see strong take-up at its launch, developers appear to be cautious in land bidding.  PHOTO: GUOCOLAND Updated from : The Business Times, 22 Sep 2022 OVER Sep 16 and 17, GuocoLand : F17 0% sold 508 units, or 84 per cent, of 99-year leasehold Lentor Modern’s … Continue reading Amid frenzied buying at new home launches, developers may be signalling a peak

New city-fringe condo prices climbing closer to those in central region

With the increase in the RCR’s psf price since June, the median price paid for a new non-landed home there has exceeded that in the CCR., says Huttons. PHOTO: BT FILE Updated from : The Business Times, 21 Sep 2022 THE median price per square foot (psf) gap between new, non-landed homes in the Core Central … Continue reading New city-fringe condo prices climbing closer to those in central region

Singapore bank earnings boosted by higher rates but global slowdown, high inflation cloud outlook

DBS has declared a dividend of 36 cents per share for the second quarter, higher than the 33 cents a year ago. ST PHOTO: ARIFFIN JAMAR Updated from : The Straits Times, 5 Aug 2022 SINGAPORE - DBS Group Holdings joined peers OCBC Bank and UOB in reporting earnings that were boosted by rising interest rates, while also … Continue reading Singapore bank earnings boosted by higher rates but global slowdown, high inflation cloud outlook

HDB resale prices rise 2.8% in Q2, transactions fall amid rising interest rates

Updated from : The Straits Times, 22 July 2022 SINGAPORE - Prices in the Housing Board (HDB) resale market have continued to climb, logging gains for the ninth consecutive quarter even as sales momentum slipped. Resale prices rose at a quicker pace of 2.8 per cent in the second quarter of this year, compared with … Continue reading HDB resale prices rise 2.8% in Q2, transactions fall amid rising interest rates

Private home prices up 3.5% in Q2 as market rebounds on record launch prices, increased volume

Prices of landed homes went up 2.9 per cent in Q2, and prices of non-landed ones climbed 3.6 per cent. ST PHOTO: KUA CHEE SIONG Updated from : The Business Times, 22 July 2022 PRICES of private residential properties rose 3.5 per cent in the second quarter from the previous quarter, by more than the 3.2 … Continue reading Private home prices up 3.5% in Q2 as market rebounds on record launch prices, increased volume

Reclamation of about 900ha of land off Changi expected to start by year end

The specific use of the land off Changi Bay is still being studied. PHOTO: LIANHE ZAOBAO Updated from : The Straits Times, 22 July 2022 SINGAPORE - Reclamation works for about 900ha of land off Changi Bay are expected to start by the end of this year, The Straits Times has learnt. The specific use of … Continue reading Reclamation of about 900ha of land off Changi expected to start by year end

S’pore PR buys entire 30th floor of Suntec City Tower 2 for $38.8 million

The price for the 11,743.52 sq ft strata-titled office space works out to about $3,300 per sq ft.PHOTO: HUTTONS GROUP Updated from : The Straits Times, 13 June 2022 The price for the 11,743.52 sq ft strata-titled office space works out to about $3,300 per sq ft. Based on caveats, it is the largest transaction … Continue reading S’pore PR buys entire 30th floor of Suntec City Tower 2 for $38.8 million

Sultan Plaza set for relaunch with unchanged S$360m reserve price 

The site is located in downtown District 7 and is a 5 minutes walk to Nicoll Highway and Lavender MRT stations. PHOTO: TEAKHWA REAL ESTATE Updated from : The Business Times, 30 May 2022 SULTAN Plaza will be relaunched for collective sale on Tuesday (May 31) via public tender with an unchanged reserve price of S$360 … Continue reading Sultan Plaza set for relaunch with unchanged S$360m reserve price 

Five-room HDB flat in Henderson Road with 96 years remaining lease sold for record $1.4 million

The unit is located on the 41st floor of a 48-storey block and has 96 years and one month left on its lease. ST PHOTO: KUA CHEE SIONG Updated from : The Straits Times, 20 May 2022 SINGAPORE - A five-room Housing Board flat at Block 96A Henderson Road has changed hands for an all-time record … Continue reading Five-room HDB flat in Henderson Road with 96 years remaining lease sold for record $1.4 million