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Real Estate News

New home sales set to rise after falling in Oct on fewer launches, options curb

DEVELOPERS' private home sales halved in October over the preceding month amid a paucity of new launches and an official clampdown on the re-issuance of options to purchase (OTPs) by developers. DEVELOPERS' private home sales halved in October over the preceding month amid a paucity of new launches and an official clampdown on the re-issuance of options to purchase (OTPs) by developers. The...

Singapore seen as one of most active capital sources in 2021

SINGAPORE is expected to be among the top five sources of active capital in 2021, with investments bound for real estate assets in markets such as Australia, the United Kingdom and China, according to Knight Frank. SINGAPORE is expected to be among the top five sources of active capital in 2021, with investments bound for real estate assets in markets such as Australia, the United Kingdom and China,...

New Private home sales fell 51.7% in October amid new curbs

The clampdown on the re-issue of options to purchase (OTP) by developers, as well as the lack of new launches could be reasons for the decline in new home sales, observed analysts.  After rising for five consecutive months, new private home sales in Singapore fell more than 50% in October amid a lack of new launches and a clampdown on the re-issue of options to purchase (OTP) by developers. New home...

Homebuyers facing financial difficulties given more time to make payment

The extension from 31 December to 31 March 2021 seeks to help residential, industrial and commercial property buyers affected by the pandemic. Residential property buyers who are unable to fulfil their contractual obligations due to COVID-19 have been given another extension to make payment from 31 December to 31 March 2021.  The extension will also cover industrial and commercial property buyers. This...

Foreigners hold dear to Singapore property

FOREIGN buyers love their properties here, and regulations have nudged such investors to regard such assets as homes. FOREIGN buyers love their properties here, and regulations have nudged such investors to regard such assets as homes. The Business Times - Read...

GIC ramps up interest in Europe logistics properties

GIC has entered into a joint-venture agreement with Europe's Melcombe Partners to acquire and develop urban logistics properties in Europe. GIC has entered into a joint-venture agreement with Europe's Melcombe Partners to acquire and develop urban logistics properties in Europe. The Business Times - Read...

Broker’s take: DBS upgrades Apac Realty to ‘buy’ on steady transactions, valuations

DBS Group Research has upgraded its recommendation on real estate services provider Apac Realty to "buy" from "hold", citing better-than-expected property transaction activities and "attractive valuations". DBS Group Research has upgraded its recommendation on real estate services provider Apac Realty to "buy" from "hold", citing better-than-expected property transaction activities and "attractive...

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