Page 4 - Mark Yip News Today

Private home prices fell by 0.4 per cent in the second quarter of 2023.

HDB rents rose 1.1 per cent in May, indicating resilient demand. Read more at straitstimes.com.

The latest cooling measures on April 27, 2023 had the biggest impact on foreign buyers, who saw their ABSD (additional buyer's stamp duty) rates double, from 30 per cent to 60 per cent. Some new launch condos, like Newport Residences, postponed their launch after the cooling measures were imposed. But Blossoms by the Park, another new launch condo, decided to...

Blossoms By The Park is the first condominium to be launched after the increased additional buyer’s stamp duty (ABSD) rates came into effect on Apr 27.

SINGAPORE - Over half of the units at City Developments Limited (CDL) and MCL Land’s Tembusu Grand were sold by the second day of its sales launch, according to the real estate company and residential developer on Sunday. Read more at straitstimes.com.

Singapore News - The Council for Estate Agencies (CEA) is investigating several websites that promote a residential project touted as the redeveloped Golden Mile Complex. The Straits Times found at least four websites advertising the sale of “Golden Mile Residences”, which used images... Read more at www.tnp.sg

Singapore News - Prices of Housing Board resale flats inched up for the 29th straight month in November, with more units changing hands as the market adjusts to the latest round of cooling measures. HDB resale flat prices grew at a slightly faster pace of 0.6 per cent in November compared... Read more at www.tnp.sg

Singapore News - SINGAPORE - Prices of Housing Board resale flats climbed for the 28th consecutive month in October, but fewer units changed hands, likely a knee-jerk reaction in the immediate aftermath of the

SINGAPORE - The first executive condominium (EC) project in Tengah Town, Singapore’s first smart and sustainable precinct, saw 465 units, or 73 per cent of the project, sold on its launch day on Saturday. Read more at straitstimes.com.

Analysts note that more pressure could be placed on the rental market after the latest round of cooling measures. Read more at straitstimes.com.