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.
Rich Capital Subsidiary Appeals Dismissed
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.
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.
Rich Capital Warns of Losses in Fiscal H1
Rich Capital Holdings (SGX:5G4) expects to book a loss in the fiscal first half ended Sept. 30 due to the absence of gain on disposal of a subsidiary. The property developer will disclose its financia
Indonesian Court Dissolves Rich Capital Unit's Joint Venture; Shares Fall 50%
Rich Capital (SGX:5G4) said PT Oxley Karya Indo Batam, the joint venture between its indirect subsidiary Oxley Batam and PT Karya Indo Batam, has been dissolved by an Indonesian court. The joint ventu
Rich Capital to Resume Singapore Bourse Trading on Thursday
06:41 AM EST, 12/07/2022 (MT Newswires) -- Rich Capital Holdings (SGX:5G4) requested the lifting and resumption of trading of its securities on the Singapore Exchange, effective Thursday, Dec. 8. The
Rich Capital Unit Bags $2 Million Construction Works Contract in Singapore
08:07 AM EDT, 09/30/2022 (MT Newswires) -- Rich Capital (SGX:5G4) said its unit Merco has clinched a new construction works contract in Singapore worth SG$3 million ($2.1 million) to provide labor, to
Rich Capital Opts for Half Yearly Financial Reporting
05:10 AM EDT, 07/22/2022 (MT Newswires) -- Rich Capital Holdings (SGX:5G4) said it will stop quarterly reporting of its financial statements, effective July 21. Moving forward, the company will post
Rich Capital Submits Trading Resumption Proposal to Singapore Exchange
04:00 AM EDT, 07/19/2022 (MT Newswires) -- Rich Capital (SGX:5G4) submitted trading resumption proposal to the Singapore Exchange on Monday, according to a same-day bourse disclosure. The Singaporean
Rich Capital Trims Losses in Fiscal Q4
03:45 AM EDT, 05/25/2022 (MT Newswires) -- Rich Capital's (SGX:5G4) loss attributable to owners narrowed to SG$426,000 ($309,988) in the fiscal fourth quarter ended March 31, from SG$591,000 a year ea
Rich Capital Signs Disposes of Unit to CK Chu for Over $10 Million
11:27 PM EDT, 05/08/2022 (MT Newswires) -- Rich Capital (SGX:5G4) completed the disposal of 100% of the issued and paid-up share capital of its unit, First Capital, to CK Chu Holdings. The property de
Rich Capital Unit Obtains Extension to Pay Due Loan to Creditor
12:12 AM EDT, 03/21/2022 (MT Newswires) -- Rich Capital Holdings' (SGX:5G4) subsidiary, First Capital, has been granted until April 6 by its creditor to pay back a due loan, according to a Friday bour
Rich Capital Signs Agreement to Dispose of Unit to CK Chu for Nearly $11 Million
10:49 PM EST, 02/17/2022 (MT Newswires) -- Property developer Rich Capital (SGX:5G4) signed a definitive agreement to dispose of 100% of its unit, First Capital, to CK Chu Holdings for S$14.5 million
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