HDB Coffee Shop for Sale for $11m
HDB Resale Prices to Climb 5% in 2024
The Housing Development Board (HDB) has reported a significant acceleration in resale prices during the first quarter of 2024 (Q124), with prices rising by 1.7%, marking the 16th consecutive quarter of growth.
Condo Rental Volumes Flat in Feb on Lack of New Launches
Rental volume remains relatively flat on a month-on-month (MoM) basis despite being 0.9% higher than in February 2023, data from 99.co and SRX showed.
Singapore Climbs to Sixth Place in Global Resilient Cities Index
SINGAPORE climbed six notches to become the world’s sixth most resilient city, from 12th place in 2021.
S-Reits Gain on Fed Chair Powell Reaffirming Three Rate Cuts to Come This Year
MOST Singapore-listed real estate investment trusts (S-Reits) and property trusts posted gains after the Federal Reserve held its interest rates steady and reaffirmed its projection of three rate cuts this year at the latest Federal Open Market Committee (FOMC) meeting.
Housing Demand Hit by Cooler Jobs Market
HDB and condo rental volumes dipped 19.1% MoM and 21.0% MoM, respectively, in February.
HDB Resale Prices Climb 0.5% MoM in February
HDB resale prices rose in February by 0.5% MoM and 6.4% YoY, data from 99-SRX showed.
Condo Resale Prices Increase by 7.2% YoY in January
Condo resale prices picked up in January, rising 7.2% YoY, data from 99. co and SRX showed.
Median Household Income up 7.6% in Nominal Terms in 2023
Will HDB Resale Prices Continue to Rise in 2024?
Real estate experts believe that HDB resale prices will continue to increase in 2024, albeit "modestly" as more buyers resist paying higher prices for resale flats.
A Sneak Peak Into S-Reits' FY23 Earnings
AS the S-Reit sector faces challenges brought about by higher interest rates, the focus for this earnings season will continue to be on interest expenses, distributions, as well as the ability of Reit managers to conduct effective capital and asset management.
Singapore Home Rents Fall for First Time in Over Three Years
Singapore rents dropped for the first time in more than three years, giving respite to tenants on the back of increased housing supply and expectations for an economic slowdown. An index of rents for private homes in the financial hub fell 2.1% in the fourth quarter compared w...
Condo Resale Price Growth Seen Easing This Year: Experts
Study Shows Young Adults Becoming More Active in Buying New Private Homes
The share of young Singaporean buyers of new private homes has nearly tripled in the past eight years amid rising income, strong labour market and improved financial literacy, according to a study by ERA Realty.
Singapore REIT and Real Estate Business Trust Report: S-REITs closed higher in 2023, with a total return of 6.6%
The Singapore Exchange released the monthly “Singapore REITs (S-REITs) and Real Estate Commercial Trust Analysis Report” for December 2023, summarizing key data and highlights of the SGX REITs sector.
Condo Rental Price Decline to Continue Until End of H1
Condo rental prices will continue to decline as landlords scramble to secure tenants, analysts have said.
HDB Rents Rise 1.0% MoM in December
HDB rents rose by 1.0% MoM and 10.1% YoY in December, according to data from 99.co and SRX.
Condo Rents Dip 0.5% MoM in December
Condo rents decreased by 0.5% MoM but increased 2.6% YoY in December, data from 99.co and SRX showed.
Singapore REITs Record 6.6% Total Returns in 2023
The iEdge S-Reit Index ended 2023 in the green, with total returns hitting 6.6%.
New Home Sales Dip 6.5% MoM in October
New private home sales dipped by 6.5% MoM to 203 units in October, data from the Urban Redevelopment Authority (URA) showed.