CONDOS

THE LEVEL GROUND

Should developers build more one-bedroom condo units?

Affordability, leasing demand and an ageing population support having more of such housing

Even with tougher rules, buying a new EC unit is a cost-effective way to achieving private housing aspirations.
COMMENTARY

Executive condo prices may be dampened by new measures, but don’t expect a sharp fall

Strengthening the housing system helps boost social cohesion

How the HDB resale flat market performs has a huge bearing on the private housing market's fortunes.
THE LEVEL GROUND

Drop in HDB resale flat prices in Q1 no cause for panic among condo buyers

But mind weakening tailwind in upgrader demand if HDB resale market weakens 

Hudson Place Residences is near schools, the National University of Singapore and various retail offerings.

Qingjian venture markets Hudson Place Residences in one-north from over S$2,200 psf

The development has 327 units and retail space spanning 400 sq m

The seller of a five bedder at Leedon Residence made S$5.2 million in profit, after selling the unit for S$14 million in February.

S$14 million Leedon Residence deal nets S$5.2 million profit, tops Q1 resale gains 

ECs among top percentage gainers with profits of 130%-140%; biggest losers suffer losses of up to S$1.9m

Demand was strong across all unit types for Tengah Garden Residences, the first private residential project in Tengah New Town.
SINGAPORE PROPERTY

1,224 private homes sold at 2 new launches; Tengah Garden Residences 99% taken up at average S$2,120 psf

SingHaiyi’s Vela Bay condo project moves 72% of units at S$2,886 psf

Weighing on market sentiment are signs that policymakers are growing cautious about rampant spending by investors that may drive away home buyers.

Tokyo resale condo prices fall for two months in row in sign boom may fade

Average prices of previously occupied apartments in six central wards decline 0.2% in March from the previous month to 187.3 million yen

Developers' confidence in taking on new condo projects is supported by pro-housing policies.
THE LEVEL GROUND

Reckless housing land bids? Developers’ faith in Singapore government can pay off

The Middle East war may hurt demand and raise costs, but authorities have led the nation through crises before

Sales have rebounded after the year-end lull and seasonal Chinese New Year pullback.

Near sell-out launches in March boost developer sales to 1,300 units after four slow months

New home sales are more than five times February’s figure, and up 78.3% year on year