New private home sales in November at 5-month high

SINGAPORE – New private home sales climbed to a five-month high in November on the back of the successful launches of CanningHill Piers and The Commodore despite show gallery restrictions. Buyers snapped up 1,547 units last month – the highest November sales in 10 years and up nearly 70 per cent from 911 in October.[…]

New private home sales dip in June amid viewing curbs

But interest still holding up, say observers, with pent-up demand likely to push up sales, prices in Q3 Sales of new private homes eased last month amid Covid-19 restrictions although demand is still holding up well, said market observers. Developers sold 872 units last month, down 2.6 per cent from 895 units in May, according[…]

Room for growth in private home sales if foreign buyers return

Developers sold 23,000 units in 2013-2014 but just under 10,000 in each of past 2 years, says CDL While Housing Board upgraders have helped keep new private home sales buoyant, the possible return of foreign buyers amid vaccine roll-outs and more open borders could fire up the market, a City Developments (CDL) official said yesterday.[…]

GuocoLand development to plant 30 thematic gardens in the CBD

GuocoLand is weaving 30 gardens into a patch of Singapore’s concrete jungle, as more developers take up the challenge to embed green features in their projects. Through its second flagship integrated mixed-use development Guoco Midtown, the property developer looks to create the most extensive privately developed collection of gardens in the Central Business District, it[…]

Private home sales see robust price gains in fourth quarter

The private home market has defied the pandemic and Singapore’s worst-ever recession to notch up price gains in the fourth quarter of last year. The numbers racked up in the fourth quarter would have scarcely been believed back in April, when pundits were forecasting sharp price falls if the economic slump worsened and the circuit[…]