Private New Home Sales Monthly Report (August 2022)
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LATEST STORY
Tax on empty homes: Can it ease rental supply crunch?
Latest News from the Business Times
Tax on empty homes: Can it ease rental supply crunch?
29 Sep, 2023
A TAX on vacant residential properties in Singapore may incentivise landlords to lease out their empty homes, increasing the supply in the rental market, an Institute of Real Estate and Urban Studies (Ireus) article said. 
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URA earmarks land in Bedok and Woodlands for up to 2,000 new housing units
29 Sep, 2023
LAND parcels in Bedok and Woodlands have been earmarked as future sites for residential development, with the plots predicted to yield up to 2,000 new homes.
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These island homes were an affordable dream – until residents started to age
29 Sep, 2023
THE affordably priced homes have long been considered real estate treasure hidden in plain sight. If you were lucky enough to be selected by lottery, you could buy one at a below-market price.
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Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets
29 Sep, 2023
CHINA Evergrande Group sold its luxury superyacht for about US$32 million earlier this year, said two sources, further shrinking the developer’s offshore assets as its cash crunch worsened and it scrambled to pull together a debt revamp plan.
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UK banks wary of London housing projects amid £827 million value drop
29 Sep, 2023
UK BANKS are becoming increasingly cautious about lending for housing development in London, the latest signal that the outlook for the capital’s property market is weakening.
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Evergrande’s extended yuan bonds are another risk hurdle for developer
29 Sep, 2023
A MISSED payment on a China Evergrande Group unit’s yuan bond is raising questions about the usefulness of recent debt extensions granted by Chinese investors.
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Chinese conglomerate Wanda in talks with backers to avert 30 billion yuan IPO repayment
28 Sep, 2023
DALIAN Wanda Group has started negotiations on a proposal that would allow the conglomerate to avoid repaying about 30 billion yuan (S$5.6 billion) to investors in its shopping mall business if the unit fails to complete its initial public offering this year, according to people familiar with the matter.
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YouTubers fuel housing crunch in one of Europe’s tiniest nations
28 Sep, 2023
RIGHT now, the tiny Principality of Andorra is undergoing what could be Europe’s strangest housing crisis.
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China’s property sector a bubble that needed bursting: Hong Kong property broker Centaline
28 Sep, 2023
[HONG KONG] A slump in China’s property prices has left Hong Kong-based Centaline Group with a pile of unpaid agent commissions, and the company’s co-founder and chairman Shih Wing Ching is not sure how much he can do about it.
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Dubai’s Emaar in talks to build housing projects in Saudi Arabia
28 Sep, 2023
EMAAR Properties, the Dubai-based builder of the world’s tallest tower, is exploring opportunities to develop housing communities in neighbouring Saudi Arabia, where an oil-fuelled construction boom is underway.
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District 9 residential development site for sale at S$95 million guide price
28 Sep, 2023
A FREEHOLD residential site spanning 17,974 square feet (sq ft) in District 9 is up for sale by public tender at the guide price of S$95 million.
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Hong Kong finance chief hints at easing property market curbs
28 Sep, 2023
HONG Kong’s government is “constantly reviewing” the property market environment with a pragmatic attitude, Financial Secretary Paul Chan said in the latest hint at potentially easing curbs.
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Latest Blog Posts

Private New Home Sales Monthly Report (August 2022)

Thursday, Oct 6, 2022

Developers’ sales fell markedly from July to August owing to a dearth of new project launches amid the Hungry Ghost month. Private new home sales declined by about 48% to 437 units (excluding Executive Condos) in August, from 834 units transacted in the previous...

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Private New Home Sales Monthly Report (July 2022)

Friday, Aug 19, 2022

Private new home sales rebounded in July as the launch of AMO Residence in Ang Mo Kio helped to lift sales during the month. Developers sold 834 new private homes (ex. Executive Condos) in July, of which 366 units (or 44%) were transacted at AMO Residence. July’s...

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Cape Royale’s launch after 9 years: Is Sentosa’s property market making a comeback?

Friday, Jul 29, 2022

Earlier this year, Cape Royale, a Sentosa Cove condominium, made headlines for launching for sale nine years after it was completed.
According to Dominic Lee, Head of Luxury Team at PropNex Realty, new launches in the CCR have been selling at unit prices above S$2,600 psf while some projects in the RCR are already selling at unit prices over S$2,100 psf. Hence, it makes the properties at Sentosa more appealing.

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Second Quarter 2022 Residential Report

Monday, Jul 25, 2022

Private home prices continued to rise in Q2 2022, at a faster pace compared to the first quarter, according to flash estimates released by the Urban Redevelopment Authority (URA). This was despite the many uncertainties in the market which surfaced during the quarter, ranging from rising inflation, stock market turmoil and monetary tightening as central banks around the world raise interest rates to temper soaring inflation.

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Private New Home Sales Monthly Report (June 2022)

Monday, Jul 25, 2022

CCR Projects take the lead in June 2022 Monthly – Overall new home sales in June fell to 488 units, down sharply by 64% from the previous month owing to the lack of new launches, dwindling supply of unsold units, and the quieter June Holiday period.

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