Property News
Property News – July 2023
29th July 2023
Private home prices slip while rental increase slows. Resale condo also sees flat in June …… full article here.
*Source from Business Times
HDB resale prices rise moderately but volumes fall …… full article here.
*Source from Business Times
New prime public housing development to be built on Bendemeer site …… full article here.
*Source from Zao Bao
28th July 2023
Employment growth loses steam in Q2, wage hike plans and hiring also eases …… full article here.
*Source from Business Times
26th July 2023
Executive condo sellers in suburbs among top profit gainers in Q2 …… full article here.
*Source from Business Times
25th July 2023
Singapore’s core inflation ease further in June …… full article here.
*Source from Business Times
Top profit and loss-making deals in Q2 2023 …… full article here.
*Source from Business Times
Condo resale prices rise for 5th straight month with fewer units sold …… full article here.
*Source from Straits Times
24th July 2023
Altura EC at Bukit Batok expected to launch at record price of S$1,400 psf …… full article here.
*Source from Zao Bao
Distressed home sales fall in Q2 despite continued bankruptcy pressure …… full article here.
*Source from Business Times
22nd July 2023
Bishan HDB resale flat sold record high at S$1.43 million …… full article here.
*Source from Straits Times
HDB May’s BTO ballot result delayed to August …… full article here.
*Source from Business Times
21st July 2023
Punngol BTO flats further delayed after HDB axes contractor’s services …… full article here.
*Source from Straits Times
Curbs onn foreign buyers buying commerical with residential land will drive them to other asset types …… full article here.
*Source from Business Times
Fewer foreigners bought condos after ABSD doubled …… full article here.
*Source from Straits Times
Wing Tai’s The LakeGarden Residences to start preview on 22nd July 2023 …… full article here.
*Source from Business Times
20th July 2023
Singapore ringfences ‘commerical and residential’ land from foreign buyers. They will need to seek approval for purchase of such properties from immediate effect …… full article here.
*Source from Business Times
19th July 2023
Hot Tampines new EC site attracted 7 bidders, while Jalan Tembusu site for private housing received just 2 bids …… full article here.
*Source from Business Times
Potential prime public housing in Tanjong Rhu …… full article here.
*Source from Zao Bao
18th July 2023
New private home sales slump in June amid fewer launches but sales set to rebound in July …… full article here.
*Source from Business Times
17th July 2023
Grand Dunman at Dunman Road sold more than 50% of total units on launch weekend at average price of S$2,500psf …… full article here.
*Source from Business Times
Pinetree Hill sold over 38% of total 400 units during launch weekend at an average price of S$2,460psf …… full article here.
*Source from Business Times
15th July 2023
Singapore avoided technical recession but GDP growth remain tepid …… full article here.
*Source from Straits Times
New homes to be built in 2 plots of land in Simei, formerly florist and educational sites, with a mix of private and public housing …… full article here.
*Source from Business Times
14th July 2023
Six BTO projects to be built in Mount Pleasant, part of old Police Academy will be home to new BTO flats …… full article here.
*Source from Straits Times
Record resale prices in 17 of 26 HDB towns year to date …… full article here.
*Source from Business Times
13th July 2023
Singapore prime non-landed home sales ease in H1 2023 …… full article here.
*Source from Business Times
First owners of EC bag highest profits …… full article here.
*Source from Zao Bao
9th July 2023
Half of Lentor Hills Residences unit sold on launch weekend. Buyers predominantly are Singaporeans while the rest are Permanent Residences …… full article here.
*Source from Business Times
The Myst sells 27% of units on launch weekend at an average of S$2,057 psf …… full article here.
*Source from Business Times
Property Stamp Duty Collection dips on lower sales but property tax takings up on higher rents and lower vacancy rates …… full article here.
*Source from Business Times
9th July 2023
DBS says its property-linked foreclosures at record low …… full article here.
*Source from Straits Times
Family offices have opportunity to make positive social impact …… full article here.
*Source from Straits Times
2nd half of 2023 might see new homes transaction volumes soften …… full article here.
*Source from Zao Bao
New private residential development new launch at Ulu Pandan, Mount Sinai after 14 years …… full article here.
*Source from Zao Bao
8th July 2023
HDB resale volume down in June while prices up …… full article here.
*Source from Business Times
Single family offices in Singapore with tax perks create jobs and employ 1,400 Singaporeans …… full article here.
*Source from Business Times
7th July 2023
MAS post record loss i effort to fight inflation …… full article here.
*Source from Business Times
Unemployment rate in Singapore rose slightly in May 2023 …… full article here.
*Source from Business Times
MAS broadens tax perks to encourage single family offices to invest in Singapore …… full article here.
*Source from Zao Bao
Singapoe home prices showing signs of stabilising …… full article here.
*Source from Business Times
5th July 2023
About 250 property buys a year by foreigners exempt from ABSD under FTA terms …… full article here.
*Source from Business Times
Singapore is not “closed” to options for moderating rent hikes …… full article here.
*Source from Business Times
4th July 2023
Singapore private home prices see first side for the first time in 3 years …… full article here.
*Source from Business Times
HDB resale prices up, while volumes fall to 3 year low …… full article here.
*Source from Straits Times/Business Times
Redevelopment to start after Turf Club site returned to Government …… full article here.
*Source from Business Times
1st July 2023
Government land sites in One-North and Marina South up for sale …… full article here.
*Source from Straits Times/Business Times
Previews start for Lentor Hill Residences and Grand Dunman …… full article here.
*Source from Zao Bao
5-room HDB resale flat in Toa Payoh sold for record high $1.42m after Bishan …… full article here.
*Source from Zao Bao
Singapore is home to more than half of Aisa’s family offices …… full article here.
*Source from Business Times