OFFICE rents in Singapore’s central region continued rising in the first quarter of this year, as pipeline supply shrank, data released by the Urban Redevelopment Authority (URA) indicated.
VIEWS are mixed on the direction of private home prices following the latest market cooling measures, but the impact on demand and hence prices will be felt most acutely in the Core Central Region (CCR) or prime areas, property consultants said.
US pending home sales fell last month by the most since September, suggesting the housing market isn’t totally out of the woods yet.
CITY Developments Ltd (CDL) has pushed back the launch of its prime downtown project Newport Residences, which sits in the prime residential segment that analysts have said will take a direct hit from latest government cooling measures.
SINGAPORE has the highest property tax rate for foreign buyers among major global markets after the city-state doubled the duty on Thursday (Apr 27).
IS THERE a crazy rich foreigner who will pay 60 per cent Additional Buyer’s Stamp Duty (ABSD) to buy a home in safe haven Singapore? It will take about 12 years of price growth at 4 per cent per annum just to recoup the ABSD payable.
CHINA Evergrande Group said on Tuesday (Apr 25) that its Hengda Real Estate Group unit and a company director were facing sanctions from stock exchanges for failing to publish its 2021 annual report.
NEW home sales in the United States grew more than anticipated in March, the Commerce Department said on Tuesday (Apr 25), as a lack of existing homes continued bolstering demand in the market for new properties.
THE 17th, 18th and 20th floors of 20-storey freehold office project Solitaire on Cecil have been sold for S$162.8 million, translating to S$4,300 per square foot (psf) on a blended basis across the total strata area of 37,857 square feet (sq ft).