Rents for non-landed private homes slipped in October from the previous month, while those for HDB flats edged up, although they were both higher than a year ago. Overall condo rents declined 0.2 per cent from September, but rose 4.2 per cent year on year. However, they are still 16.9 per cent below their peak in January 2013. The core central region (CCR) was the hardest hit, with a 0.6 per cent...

Bridge+, an extension of CapitaLand's business space portfolio, on Wednesday said it will set up a fintech hub that will play host to Singapore's fintech community, with the group's upcoming development at 79 Robinson Road in the Republic's central business district (CBD). Slated to open in the third quarter next year, Bridge+ 79 Robinson Road will "facilitate collaborations through knowledge sharing...

The fortunes of two of Asia's hottest property markets are diverging. Singapore is now ranked No 1 for real estate investment prospects in terms of price increases in 2020. Hong Kong, buffeted by months of violent anti-government protests, has plunged to the bottom of the list from 14th place in 2019. That's according to an Urban Land Institute and PricewaterhouseCoopers LLP report released Tuesday into...

Resale prices for non-landed private residential properties in Singapore continued their rise in October following an increase in September, while volumes picked up from a slight dip, according to flash figures from real estate portal SRX Property on Tuesday. Condominium resale prices rose 0.8 per cent in October from the previous month, faster than the 0.4 per cent increase in September following three...

The Housing and Development Board (HDB) has launched 8,170 flats for sale under its latest Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercise, it said in a press release on Tuesday (Nov 12). The launch includes 4,571 BTO flats in Tengah, Tampines and Ang Mo Kio as well as 3,599 SBF flats across various towns and estates. This brings the total number of BTO flats offered this year to...

SPH REIT is expanding its footprint Down Under, with a deal inked on Thursday for a half-stake in a freehold mall, Westfield Marion Shopping Centre, in the state of South Australia. The transaction with Lendlease Real Estate Investments comes at a price tag of A$670 million (S$627.9 million), to be funded by a recent perp issue, plus debt and/or equity fund-raising, the manager said. The price tag,...

Two freehold ground-floor units with F&B potential located at mixed-use development Alexis in Alexandra Road are up for sale at an indicative price of S$10 million, said marketing agent CBRE on Thursday. This works out to approximately S$3,259 per square foot (sq ft) based on the units' strata area. To be sold on vacant possession basis, the two shop units have a total gross floor area of 3,068 sq...

More HDB resale flats were sold last month compared with previous months after higher grants and income ceilings for first-time buyers took effect in September, according to flash data from real estate portal SRX Property. In all, 2,213 HDB resale flats changed hands, an 18 per cent increase from September, SRX said on Thursday. Compared with a year ago, the resale volume was 10.6 per cent...

Demand for HDB resale flats remained resilient in the third quarter this year with more than 6,000 units being transacted, buoyed by "generous incentives" and policy initiatives dished out by the government, OrangeTee & Tie said on Wednesday in its latest quarterly report on HDB trends. Overall, HDB resale prices rose 0.1 per cent for the quarter, snapping a streak of four consecutive quarterly...

A prime four-storey conservation shophouse at 21 New Bridge Road has been launched for sale via tender at S$19.5 million, Colliers International said. The seller will bear the additional cost to top up the land tenure to a fresh 99-year lease, and has also committed to undertake addition and alteration (A&A) works to build out the rear extension from the current four storeys to up to six storeys. The...