In today’s roundup of regional real estate headlines, state-backed Singaporean investor Mapletree reports a 39 percent drop in net profit, and Hong Kong home price growth nearly grinds to a halt amid rising interest rates. Also in the news, Singapore’s… Read More>>
PAG’s Chris Gradel Buys Hong Kong Villa for $70M and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, a key figure at private equity firm PAG snaps up a century-old Hong Kong villa, and Dalian Wanda denies reports that it plans to sell up to 20 malls in China. Also… Read More>>
Singapore New Home Sales Surged 80% to 7-Month High in April
Sales of new private homes in Singapore shot up 80 percent in April to a seven-month high of 887 units, driven by a pair of project launches in the Rest of Central Region, according to data released by the Urban… Read More>>
Singapore New Home Sales Rise 14% in March as More Condos Hit The Market
Singapore new private home sales rose 13.6 percent to 492 units in March, reaching their highest level in six months as homebuyers bought up available units as quickly as they entered the market, according to data released by the Urban… Read More>>
Cautious Bidding Predicted for Singapore Site as URA Accepts Bargain Lentor Tender
Singapore’s Urban Redevelopment Authority (URA) has launched a tender for a sixth residential plot in an emerging estate in Ang Mo Kio, with the government confirming the upcoming sale of its latest Lentor Central site just one day before finalising… Read More>>
GuocoLand-Hong Leong JV Sole Bidders as Singapore Site Draws $367M Record Low Offer
A joint venture between Malaysia’s GuocoLand and its Singapore cousins at Hong Leong Holdings placed the sole bid in a government tender for a residential plot in the northern part of Singapore’s Ang Mo Kio area, with the low-ball S$486.8… Read More>>
Singapore Private Home Prices Jump 3.2% in Q1, Up 28% Since 2020
Singapore private housing prices rose for a 12th straight quarter during the period from January through March, with the cost of buying a new home jumping 3.2 percent from the final months of 2022, according to preliminary government statistics released… Read More>>
Singapore New Home Sales Up 9.9% in February, Driven by Terra Hill Launch
Developers sold 432 new private homes in Singapore last month, up from 393 units transacted in January but down from 542 that changed hands a year earlier, according to data from the Urban Redevelopment Authority.
February’s 9.9 percent monthly rise,… Read More>>
Singapore Releases New Residential Sites as Housing Market Stays Hot
The Singapore government on Tuesday released two residential development sites capable of delivering a total of 1,540 private homes, as officials look to boost housing supply in a city-state reeling from runaway housing prices.
In a set of coordinated moves,… Read More>>
Singapore Private Home Sales Bounce Back but Remain Below 2022 Levels
Developers sold 391 homes in Singapore last month, more than doubling the 170 units transacted in December but still lower than the January 2022 total, according to data from the Urban Redevelopment Authority.
Sales of new private homes (excluding executive… Read More>>
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