HDB resale prices in Q1 stay flat
Property consultants continue to believe that the market is 'at a new equilibrium'
Singapore
HDB resale prices dipped 0.1 per cent on a quarter-on-quarter basis in the first quarter of 2016, in line with earlier flash estimates.
Property consultants continue to believe that the public housing resale market is "at a new equilibrium" and stabilising.
Resale transactions slumped 10.9 per cent from 4,992 cases in the fourth quarter of 2015 to 4,449 cases in Q1 2016 - although this was expected given the festive season in Februa…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit
Lucrum Capital looks to sell Killiney hotel site for S$195 million
US 30-year mortgage rate rises to five-month high of 7.24%
Money laundering accused Su Baolin’s Sentosa property goes unsold at auction
US Judge approves US$418 million settlement that will change real estate commissions
In San Francisco, a home renovation can become a battle royale