private home

 
 

Singapore developers cut prices after latest property curbs

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SINGAPORE, Aug 16 — In a bid to attract more buyers, some property developers are lowering the prices of their residential projects by about 5 to 10 per cent after the latest round of cooling measures took effect on July 6. Daintree Residence, a…


Singapore home sales soar in July on minute-to-midnight buying

SINGAPORE, Aug 15 — Private home sales in Singapore soared to the highest in 16 months in July as buyers rushed to snap up properties hours before curbs aimed at quelling speculation came into effect. Developers sold 1,724 units last month, the…


Unsold number of private properties in Singapore hits three-year high

SINGAPORE, July 28 — The number of unsold private residential units reached a three-year high in the second quarter, based on data released by the Urban Redevelopment Authority (URA) yesterday. Property analysts said that while there is a risk of…


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…