Luxe condo Watten House preview sales surprise on the upside

SINGAPORE – Sales at Watten House in Bukit Timah exceeded expectations at its preview on Nov 18, with more than half of 180 units snapped up, putting paid to concerns that cooling measures have dampened demand for larger luxe homes in the prime district. UOL Group and Singapore Land Group (SingLand) sold 57 per cent, or[…]

Private home prices snap 3-year growth streak, down 0.2 per cent in Q2

SINGAPORE – The Urban Redevelopment Authority’s (URA) private home price index snapped a three-year growth streak in the second quarter, due to higher financing costs and recent rounds of cooling measures, which spurred buyers to prioritise buying for occupancy, and tempered foreign investors. Private home prices contracted at a slower pace of 0.2 per cent in the[…]

New private home sales hit 7-month high in April

SINGAPORE – New private home sales hit a seven-month high in April, powered by a strong take-up at two major city fringe projects – one of which was launched just days after a surprise round of property cooling measures took effect on April 27. New private home sales, excluding executive condominiums (ECs), surged 80.3 per cent from[…]