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>>
Singapore Private Home Sales to Slide After July Surge as Supply Dwindles
Developer sales of private homes in Singapore rose 70.9 percent to 834 units in July from 488 homes sold in June. However, the upswing is expected to be short-lived, as analysts point to shrinking inventories and a limited… Read More>>
Singapore Private Home Prices Up 3.5% in Q2 as Housing Market Surges
Prices of private homes in Singapore rose by 3.5 percent in from April through June, compared with the first three months of the year, accelerating from first-quarter growth of 0.7 percent, according to figures released Friday by the Urban Redevelopment… 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 Includes Bukit Timah Residential Site, Marina South Project in Land Sale Schedule
Singapore’s Urban Redevelopment Authority is including a residential site in Bukit Timah on a confirmed list of six sites to be put on the auction block in the second half of this year as authorities move to replenish the city’s… Read More>>
Deloitte Resigns as Aoyuan Healthy Life Auditor and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Deloitte steps down as auditor of mainland developer Aoyuan’s property management spin-off, homebuilder Jiayuan gets a ratings upgrade after making an interest payment, and China’s Super Ocean seeks a capital partner for its… 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>>
Evergrande Transfers Cash to Avoid Bond Default and More Asia Real Estate Headlines
Investors in Chinese developer bonds (and perhaps a few of the developer bosses) went home happier on Friday as reports emerged that China Evergrande has arranged funds to avoid default on a set of US dollar notes, and that story… Read More>>