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>>
CapitaLand Investment to Double India Assets to $8B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s CapitaLand Investment announces plans to double assets under investment in India, a Hong Kong official throws doubt on a potential waiver of the stamp duty on home purchases, and buyers snap up… Read More>>
Shop Portfolio on the Market for $43M as Singapore Retail Rebounds
A set of retail shops in one of the oldest shopping centres in downtown Singapore is on the market for S$60 million ($42.65 million) as the neighbourhood gets a lift from nearby rejuvenation projects like CapitaLand’s Funan mall.
Four strata… Read More>>
Singapore Home Prices Rise 3.2% in Ninth Straight Quarter of Growth
Singapore home prices rose at a faster pace in the three months ending 30 June to record their ninth consecutive quarter of growth as tight supply met rising demand fueled by border reopening and builders passed along rising construction costs.
Singapore Heats Up as May Home Sales More Than Double Previous Month’s Tally
Developers sold 1,356 new private homes in Singapore during May, a 106 percent rise from April’s 660 units and the highest monthly figure since last November’s 1,547, according to government data released Wednesday.
The May tally of new home sales… Read More>>
Singapore Home Prices Pegged to Rise Less Than 5% in 2022 After a Flat Q1
Singapore home price growth slowed in the first quarter following the government’s introduction of cooling measures in December, according to official flash estimates released on Friday, with analysts now predicting that sales of new homes will remain muted for the… Read More>>
Singapore Notches Second-Highest January New Home Sales Since 2014
Singapore homebuyers have shrugged off the latest government attempts to cool down the housing market, with the city-state recording its second-busiest January housing market in the past eight years, according to data released this week.
“It is the highest private… Read More>>
Cooling Measures, Holidays Pull Singapore New Private Home Sales Down 58%
Singapore’s new private home sales dropped by 58 percent in December after cooling measures put in place halfway through the month raised taxes on home purchases, restricted mortgage lending and quickly dampened homebuyer enthusiasm.
Data issued today by Singapore’s URA… Read More>>
Singapore Home Sales, Housing Prices Hit Multi-Year Highs in November
Singapore’s residential market went from hot to scorching in November as hungry homebuyers and limited supply of new homes combined to drive the volume of new homes sold and prices for second-hand condos to multi-year highs, according to a pair… Read More>>
CDL Buys Residential Site in Singapore’s Upper Bukit Timah for $93M
A unit of SGX-listed developer City Developments Ltd (CDL) has secured the rights to a pair of commercial properties in Upper Bukit Timah for S$126.3 million ($92.5 million), a move that could pave the way for a new condominium tower… Read More>>