The Monetary Authority of Singapore also highlighted that the new scheme will continue to support the adoption of artificial intelligence and data analytics. ( read original story ...)
Singapore Property Market Report Q3 2023
Leveraging data from sale and rental residential property listings on PropertyGuru Singapore, the Singapore Property Market Report Q3 2023 offers meaningful insights into the price, supply and demand ... ( read original story ...)
Singapore’s 2023 property investment volumes to fall short of last year’s totals
Investments totalled $32.1b in 2022. As interest rates approach their peak, investment volumes in Singapore could start to pick up in H2 2023 though this year’s overall tally will likely end lower as ... ( read original story ...)
Rajah & Tann Launches Tech Platform for Property Developers’ AML Compliance
According to the firm, a customer due diligence report would now require a scan that takes just seconds to complete the necessary background checks on a prospective purchaser. ( read original story ...)
Property auction market’s sales value drops to its lowest level since 1H20
Sales value clocked in at $15.2m. Despite successfully hammering 11 properties, Singapore’s property auction market still recorded a 59.7% HoH lower sales value in 1H23. Of the total properties sold ... ( read original story ...)
Singapore’s rental price growth slows in Q2, easing affordability concerns
Singapore's rental price growth slowed in Q2, with an index of private residential prices rising 2.8% from the previous three months. ( read original story ...)
Property cooling measures freezes foreign buyers activity
property analysts said. Additionally, Singapore Residents and Permanent Residents were ‘encouraged’ by the cooling measures introduced in April to prioritise buying for occupancy or risk higher rates. ( read original story ...)
Singaporeans hold 2nd most valuable property portfolio in England and Wales
The value of Singapore nationals’’ property portfolio is £7.2b. Amongst all foreign nationals, Singaporeans had the second most valuable property portfolio across England and Wales, data from Benham ... ( read original story ...)
Coliwoo opens River Valley property, its 14th in Singapore
LHN states that it is looking to expand its presence in locations with existing Coliwoo properties, such as Balestier Road and Lavender Street, as well as new acquisitions along Arab Street and Pasir ... ( read original story ...)
CapitaLand Ascendas REIT’s net property income rises 6.7% YoY to $508.8m in 1H23
The REIT attributed the increase to “robust operational performance.” Robust operational performance and high portfolio occupancy boosted CapitaLand Ascendas REIT’s (CLAR) net property income to $508. ( read original story ...)
Singapore real estate investment volumes decline 11% to $3.2b in Q2
The residential sector accounted for 40% of the transactions. Singapore’s total real estate investment volumes in Q2 2023 fell 11.0% to $3.2b in Q2, marking the second consecutive quarter of decline. ( read original story ...)
CapitaLand Ascendas REIT DPU slips 2.0% y-o-y despite higher 1HFY2023 net property income
DPU declined on account of the lower distribution and an enlarged unit base following CLAR’s private placement in May. ( read original story ...)
Here are the best new Singapore hotels opening in 2023 for stays
Whether you're planning a vacation or staycation, here's the list of best new Singapore hotels opening in 2023 to stay at. ( read original story ...)
Desmond Lee says there are signs the property market & rental rates are stabilising
There are signs that the property market and rental prices are stabilising, said Minister for National Development Desmond Lee. Speaking at Forward Singapore: Our Housing Conversation on Jul. 30, Lee ... ( read original story ...)
Renting in Singapore: The cost of independence
Few things will make you feel as much like a real adult – and realise just how expensive living on your own is – as dealing with your first major plumbing emergency. Read more at straitstimes.com. ( read original story ...)
6 Award-winning Condo Developments in Singapore You Would Love to Live In
It is also in close proximity to the Central Business District (CBD). In 2022, the Asia Property Awards (Singapore) (APA(S)) judging panel awarded the project Best Premium Condo Development and Best ... ( read original story ...)