Residential Property
Mapletree Logistics Trust’s DPU rose 6.7% YoY to 1.60 S cents
Gross revenue in Q2 2011 also increased by 26.6% yoy to S$65.8m.
Ascott REIT revenues grew by an amazing 65% to $73.1m in Q2 2011
And distribution per unit was 25% higher at 2.33 cents.
Keppel Land’s profit down to $133.8m
Revised accounting policy magnified the drop in property trading.
Ascott to operate CapitaLand’s first serviced residence in India
It will rebrand a 96-unit serviced residence in Bangalore that was secured through a lease agreement.
63% of Singaporeans willing to offer up to S$25,000 in COV for HDB homes
While 13.2% are willing to offer S$45,001 and above.
CapitaLand to operate serviced residences in India
Its new subsidiary Citadines Richmond Hospitality has approximately S$2,700 worth of share capital.
Centra Loft at Geylang holds preview today
Will it sell out like its sister development Centra Heights?
Superstition could boost July home sales
Developers might as well pray buyers remember it’s Hungry Ghost Month in August and buy this month as otherwise overall sentiment is cautious.
Expect property take-up to be lower: CBRE
Meanwhile home prices are stabilising with 1.9 percent increase in the second quarter compared to 2.2 percent in the previous quarter.
Anybody home? More and more units remain unsold
Compared to May 2011, unsold units increased 7.7% in June to 4,675 units.
Government HDB strategy working: Private home sales drop by more than 23% in June
Blame strong competition from HDB’s 25,000 new flats.
What you need to know about Singapore’s amazingly resilient luxury property market
Prices of luxury units have jumped an incredible 20% and now average $7.9m.
First-time buyer boon: HDB offers 3,556 BTO flats
These were launched across five estates, namely Sengkang, Tampines, Jurong West, Bukit Panjang and Yishun.
CDL sold more than 60% of Blossom Residences
150 units have been sold on its first day of launch to eligible buyers.
Australand to delist from SGX
The Group no longer finds the need for the secondary listing and will just continue to maintain its primary listing on the Australian Securities...
Wing Tai’s Le Nouvel Ardmore sold for $4,200 psf
This is 20% higher than Kim Eng’s original assumption of $3,500 psf.
Read Here
Advertise
Sign Up
