Home Price Growth Slows as Sales Dip, Foreigners Scale Back: Analysts
New home sales slumping to a 16-year low, exacerbated by the waning demand from foreign buyers were the primary cause of easing home price growth in the first quarter, according to property analysts.
Could 2024 HDB Resale Prices Surpass 2023 Levels?
HDB resale prices in 2024 could outpace 2023 amidst high demand from first-time buyers, downsizing private homeowners, and limited flat availability, real estate expert said.
Non-landed Residential Rents to Drop 5% YoY in 2024
The momentum from the influx of around 18,000 units of new completions and continued economic headwinds may lead to private non-landed rents dropping 5% YoY in 2024, Savills reported.
Singapore's Prime Office Rent Increases for the 11th Quarter
Office spaces in Singapore’s prime locations have increased for the past 11 quarters, now considered the longest of its kind in the country, a report by Knight Frank reveals.
Prime Retail Rents to Rise up to 4% in 2024: Knight Frank
Improving tourist arrivals and tight occupancy in prime locations will support the sector.
Singapore's Real Estate Investment Sales Drop Nearly 27% in 2023, Savills Says
Singapore's real estate investment sales dropped almost 27% in 2023 as the holiday season slowed investment activity, but could recover this year, data from real estate service provider Savills showed.
New Home Sales Tumble to Near 15-year Low in December
New private home sales, excluding executive condominiums (ECs), dropped by 83% MoM to 135 units in December, data from the Urban Redevelopment Authority (URA) showed.
Analyst Sees Sluggish Year Ahead for Real Estate Market
Singapore’s private residential market is facing a “slow grinding year” this 2024 amid easing home price growth and falling rents, according to RHB.
The “top players in the global property market” can't stand it either! New home sales in Singapore fall to a 15-year low
Singapore's transaction volume declined in December compared to the previous month; restrictive housing policy adjustments, economic slowdown and high housing prices weighed on sales.
SLB Development Swings to Loss in Fiscal H1
SLB Development (SGX:1J0) booked a loss attributable to owners of SG$4.5 million in the fiscal first half, against an attributable profit of SG$8.1 million a year earlier. Loss per share came in at SG
Stricter Homebuying Rules to Prop up HDB Resale Market in 2024: Experts
Homeowners may also seek HDB resale flats as their property wait-out period fizzles out.
Singapore's Straits Times Index Starts Week Flat; CNMC Goldmine Shares Rise 3% as Unit Signs 10-Year Sales Contract
Singapore's Straits Times Index started the week flat amidst a holiday-thinned trading on Tuesday, with some markets in the region closed for holidays. During the day, the benchmark index ranged betwe
SLB Development to Book Net Loss in Fiscal H1
SLB Development (SGX:1J0) expects to book a net loss in the fiscal first half ended Nov. 30, due to higher finance costs and lower contribution from the company's property development projects. The bu
SLB Development Turns to Loss in Fiscal H2
SLB Development (SGX:1J0) booked a loss attributable to owners of SG$2.8 million in the fiscal second half ended May 31, against an attributable profit of SG$14.2 million a year earlier. Loss per shar
Lian Beng Group Sells Assets Competing With SLB Development Unit
Lian Beng Group (SGX:L03) sold the balance units in a freehold condominium development in Singapore and initiated the members' voluntary liquidation process of Phileap. Phileap is a special-purpose ve
KSH Unit Sets Up JV Company for Property Development
01:01 AM EST, 01/11/2023 (MT Newswires) -- KSH Holdings (SGX:ER0) unit Kim Seng Heng Realty teamed up with H10 and Blissful Development to set up a joint venture company. Named Ultra Trinity Investmen
SLB Development Books Higher Profit, Revenue in Fiscal H2
03:03 AM EDT, 07/28/2022 (MT Newswires) -- Property developer SLB Development (SGX:1J0) booked a higher profit attributable to owners of SG$14.2 million ($10.3 million) in the fiscal second half ended
KSH Associate Wins Tender to Purchase Singapore Property for $160 Million
01:34 AM EDT, 07/27/2022 (MT Newswires) -- KSH Ultra Unity, an associate of KSH Holdings (SGX:ER0), won the tender to purchase a freehold property in the development known as Euro-Asia Apartments at 1
SLB Development Acquires Hotel Clover, Signs Deals to Acquire Properties in Singapore, Australia
11:39 PM EDT, 06/09/2022 (MT Newswires) -- Property developer SLB Development (SGX:1J0) completed the joint acquisition of Hotel Clover in Jalan Sultan, Singapore. The company in March teamed up with
SLB Development Teams Up with Weave Living to Acquire Hotel Clover in Singapore for Nearly $55 Million
11:43 PM EDT, 03/13/2022 (MT Newswires) -- Property developer SLB Development (SGX:1J0) teamed up with real estate company Weave Living to jointly acquire Hotel Clover in Jalan Sultan, Singapore for S
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