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 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>>
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>>
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>>
A joint bid by Singapore-based Far East Organization and Hong Kong’s Sino Group has won a tender for a commercial and residential site in the leafy Jalan Anak Bukit area of central Singapore, with the S$1.03 billion ($770 million) offer… Read More>>
A pair of Singapore residential sites attracted competitive bidding from developers late last week as the city-state’s housing market continues to benefit from investor confidence, as shown by rising home prices and recovering sales volumes in Southeast Asia’s most expensive… Read More>>
In today’s roundup of regional news headlines, Hongkong Land does an about-face on co-working space, China Evergrande’s shares slip on fears that the developer might have to dilute its stake in a mainland bank it’s chummy with, and Abu Dhabi’s… Read More>>
In today’s roundup of regional news headlines, Li Ka-shing’s CK Asset is said to be entertaining offers for UBS’s London headquarters building, Singapore plans a public tender for a development site near Marina Bay, and China Evergrande chairman Hui Ka… Read More>>
A real estate developer controlled by the family behind United Overseas Bank has placed the top bid for a residential site overlooking a set of parks in central Singapore, edging out 14 other contestants including a joint offer by City… Read More>>
While the humans of Singapore are still having to struggle with the coronavirus, the city-states housing market seems to be recovering rapidly with prices for new homes gathering pace in the three months ending yesterday.
Also, in the news, billionaire… Read More>>