Singapore Property shows signs of resurgence in Q1 2019.Signs of resurgence were observed for the first quarter of 2019. A total of 1,838 private new homes (excluding ECs) were sold by the developers, reflecting a steady growth in demand. It was closely comparable with the previous quarter. On a yearly comparison, this was...
Rise in luxury property purchases by foreigners
Over the week of April 3 to 10, there were four transactions that crossed the $10 million mark. The chart topper was a five-bedroom unit on the first level of luxury condominium Leedon Residence that fetched $12 million ($1,828 psf).
CDL top bidder for two of three private housing sites
CDL lodged the top bid of $212.2 million, or $1,722 per sq ft per plot ratio (psf ppr), for a plot in Handy Road near Dhoby Ghaut MRT station and submitted a bid of $472.4 million, or $800 psf ppr, for a land parcel in West Coast Vale.