CONDOS

Who are buying private homes and how do agents stay relevant? With PropNex’s CEO Kelvin Fong

Who is buying at new condo launches? What is the state of play in the resale market for private homes? Also get perspectives on AI’s impact on the agency business and Singaporeans’ love for private ho...

Newport Residences spans levels 23 to 45 of the 45-storey Newport Plaza, which will also have Grade A offices, F&B spaces and branded serviced apartments.
THE LEVEL GROUND

Should buyers get more excited over relatively ‘cheap’ freehold Newport Residences?

The project’s underperformance versus River Modern may not be justified

Including executive condominiums, 1,649 units were sold in April, with 1,426 units launched.
SINGAPORE PROPERTY

Developers sell 1,548 new homes in April, chalking up the highest sales in six months

The Outside Central Region accounts for 87.7% of condo and private apartment deals last month

A one-bedder unit is cheaper than larger flats, and also has lower recurring costs as management fees and maintenance costs are generally higher for bigger units.
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