private home

 
 

Singapore May private home sales rise 7.9 per cent on year

SINGAPORE, June 18 — Sales of private homes by developers in Singapore rose 7.9 per cent in May from a year earlier, government data showed today. Data compiled by the Urban Redevelopment Authority showed developers sold 1,121 units last month,…


Hong Kong central bank raises base rate 25 bps after Fed hike

HONG KONG, June 14 — The Hong Kong Monetary Authority (HKMA) raised the base rate charged through its overnight discount window by 25 basis points today to 2.25 per cent after the US Federal Reserve raised interest rates by a quarter of a…


As flat prices soar in HK, investors park money down in the lot

HONG KONG: Esther Fan’s nest egg is tucked away in an old residential complex on the outskirts of Hong Kong – two parking spaces in a dimly-lit lot alongside dozens of luxury cars and a Mini Cooper with fake eyelashes on its headlights. Her parking spots, marked out in mustard-coloured paint, have more than doubled […]


Singapore proposes allowing Airbnb-type rentals, with tough conditions

SINGAPORE, April 16 — Singapore today proposed allowing private home owners to rent out their property for short-term stays but with stringent conditions, a move welcomed by home-sharing giant Airbnb. It came after two Singaporean Airbnb hosts…


Singapore private home prices rise 3.1pc, highest quarterly price jump since 2010

SINGAPORE, April 3 — Private home prices rose the highest in almost eight years for the first quarter, surprising analysts who were predicting a moderate price increase. This prompted some of them to revise their market forecast for non-landed…


Singapore home prices post biggest jump in almost eight years

SINGAPORE, April 2 — Singapore private home prices surged the most since 2010 as the property market staged a recovery from a four-year slump. An index tracking private residential prices jumped 3.1 per cent in the three months ended March 31,…


Crowds jostle for Hong Kong flats, no end in sight to housing boom

HONG KONG, Jan 13 — Hong Kong’s red-hot property market kicked off 2018 with hundreds queuing to buy flats in the first major property launch of the year today, backing expectations strong demand will further lift record prices by 5 to 20 per…


Singapore property seen on path to recovery after prolonged slump

SINGAPORE, January 10 — Singapore’s housing market is expected to build on its recovery over 2018, analysts say, as private home prices marked their first annual rise in four years. After hitting a record peak in the third quarter of 2013, a…


Home demand in outer Australian cities prolongs building boom

SYDNEY: On the edges of Sydney, where Australia’s biggest city is sprawling across paddocks and market gardens, demand for new homes is running harder than tradesmen can lay bricks. As home prices have soared in established suburbs – values have doubled in Sydney since 2008 and nearly so in Melbourne – buyers seeking the ‘Australian […]


US economy sees 3pc growth, shrugging off hurricanes

WASHINGTON, Oct 27 — The US economy continued to expand at a robust three per cent clip in the third quarter despite back-to-back hurricanes, official data showed today, hitting President Donald Trump’s growth target for the second time since…