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
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Two plots for private homes snag billion-dollar top bids from developers
Marina Gardens Lane attracted a bid of $1.034 billion and Tampines Avenue 11 fetched $1.206 billion. Read more at straitstimes.com.
Source: straitstimes.com
PropertyBT Podcast: Is it worth paying a premium for a new private home?
Should one buy a new or resale home amid high interest rates? Read more at straitstimes.com.
Source: straitstimes.com
More than 1,000 new private homes sold in May, highest in 12 months
The rise was largely driven by the launch of two projects - The Reserve Residences on Jalan Anak Bukit and The Continuum on Thiam Siew Avenue.
Source: channelnewsasia.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