Limited project launches have slowed down home sales and dampened Singapore’s housing market in the fourth quarter, causing prices for new private homes to rise by a mere 0.2 percent from the preceding three months and temper full-year price growth… Read More>>
Singapore Home Sales Hit Eight-Year Low as Stocks Dry Up
Singapore’s new private home sales dropped to an eight-year low in November as developers depleted their inventories and home prices continued to rise across the city-state.
Developers’ sales, excluding executive condominiums, fell for a second month, dropping by 17.3 percent… Read More>>
Singapore Boosts Land Supply by 17% to Tame Rising Housing Prices
After seeing housing prices rise in defiance of escalating interest rates and punitive stamp duties, Singapore authorities have announced plans to sell more housing sites during the first half of 2023 than in any period over the past decade.
In… Read More>>
First Residential Plot in Singapore’s Marina South Expected to Sell for Up to $880M
The first residential site to be auctioned off in the southernmost portion of Singapore’s Marina Bay financial district may fetch bids as high as S$1.2 billion ($880 million), even as escalating costs and interest rates may limit developer participation, according… Read More>>
Sunac Seeks to Stretch RMB Bond Maturity and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, mainland developer Sunac reportedly looks to extend the maturity of more onshore bonds, China Vanke secures a line of credit from a state-backed lender, and a good class bungalow site in Singapore goes… Read More>>
Singapore New Private Home Sales Down 68% in October on Lack of Supply
A shortage of major condo launches dampened Singapore’s new private home sales in October, with transactions plunging 68.4 percent from the previous month to 312 units sold.
Fresh housing curbs imposed by the central bank and a limited supply of… Read More>>
Fortress Closes in on $1.4B Japanese Retail Buy and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the parent of 7-Eleven plans to sell its Sogo & Seibu department store holdings to a US fund, CapitaLand Investment announces the sale of a Malaysia mall, and S&P downgrades Country Garden and… Read More>>
Singapore Housing Stays Hot in Q3 With 3.8% Jump In Private Home Prices
Singapore’s housing market continues to heat up despite a challenging macroeconomic landscape, with a spike in demand for suburban housing helping to drive up private home prices at a faster than estimated 3.8 percent in the third quarter.
A final… Read More>>
Singapore Home Prices Rise For 10th Quarter Despite Tougher Conditions
Singapore’s hunger for more high-end housing drove up prices for private residences by 3.4 percent from July through September as the market posted its tenth consecutive quarter of growth with demand persisting in the face of soaring interest rates.
A… Read More>>
Redevelopment of Singapore’s Paya Lebar Could Create 150,000 New Homes
Singapore Prime Minister Lee Hsien Loong announced this past weekend that the relocation of Paya Lebar Airbase over the coming decade would pave the way for up to 150,000 new homes and allow for taller buildings in nearby towns, a… Read More>>