Private home prices up 2.1% in third straight quarterly gain

Private home prices defied the pandemic-induced recession to rise again in the final three months of 2020 – the third consecutive quarter of increase. The price index climbed 2.1 per cent in the final three months of last year, well ahead of the 0.8 per cent increase in the third quarter, noted Urban Redevelopment Authority[…]

Normanton Park gets green light to sell, but with conditions

Developer must complete Quality Mark assessment for units before applying for TOP Normanton Park, a 1,862-unit leasehold condominium project that was hit with a no-sale licence nearly two years ago, has got the green light to sell its units, but with conditions. The largest and first new launch for next year will open for public[…]

Around 17,000 BTO flats to be launched next year

About 17,000 Build-To-Order (BTO) flats will be launched next year, keeping the supply of new flats in line with what was launched this year. However, given the economic uncertainty due to Covid-19, the Housing Board will monitor the market closely and calibrate flat supply if required, said National Development Minister Desmond Lee in a Facebook[…]

Private resale prices up for fourth straight month: SRX

The private resale market continued to recover not just from the Covid-19 fallout but also from the 2018 property cooling measures, with prices and sales volume picking up again last month. Overall resale prices climbed for the fourth consecutive month, rising 0.3 per cent month on month in November, according to flash figures from real[…]