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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.
SG Movers for Tuesday: Seatrium Was the Top Gainer
Seatrium was the top gainer, climbing 3.85% to close at S$0.081. The top loser was DFIRG USD, falling 1.90% to close at S$2.070.
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.
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