Singapore private home prices fall for first time in three years: URA flash estimates
Private home prices fell by 0.4 per cent in the second quarter of 2023.
Source: channelnewsasia.com
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Condo rents drop 0.6% in May while HDB rental prices rise for 35th month; fewer units leased
HDB rents rose 1.1 per cent in May, indicating resilient demand. Read more at straitstimes.com.
Source: straitstimes.com
Why some new launches will still do well despite the latest cooling measures
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...
Source: asiaone.com
First condominium launch after new cooling measures sees 70% sales
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.
Source: channelnewsasia.com
Over half of units at Tembusu Grand sold on launch weekend
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.
Source: straitstimes.com