Singapore Readies for Return of PRC Home Buyers
Property analysts in Singapore expect the return of mainland home buyers to help prop up home sales in the city-state this year.
Source: mingtiandi.com
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Buyers willing to pay up to 27% more for OCR integrated developments
A limited supply of integrated developments in the suburbs has made them even more attractive to buyers and tenants, leading to higher prices and rents than other condos in the Outside Central Region (OCR). According to OrangeTee & Tie Research & Analytics Market Watcher series report, some buyers are willing to pay up to 27 per cent more for such...
Source: asiaone.com
Are we seeing more Hong Kong residents buying or renting properties in Singapore?
Even before Covid-19 was declared a pandemic in March 2020, Hong Kong was already in crisis with pro-democracy street protests, curfew rumours and disruptions to commuters due to the controversial extradition bill of 2019. At the time, Bloomberg reported a surge from anxious expatriates sizing up schooling options beyond the former British colony to send their children to. This included...
Source: asiaone.com
New private home sales up by 20.7% in March
As the Chinese New Year lull period has passed, developer sales (excluding Executive Condominiums) increased by 20.7 per cent last month. According to URA's sales data, 654 new private homes were sold in March, compared to 542 units sold in February. Nevertheless, new sales excluding ECs declined by 49.5 per cent year-on-year, according to Christine Sun, Senior Vice President of...
Source: asiaone.com