News Singapore Real estate: Singapore property auction success rate hits record highs since 2011
The success rate was at 9.5%, equivalent to a total gross sales value of S$90.3m in 2022. According to a report by Knight Frank, auction listings decreased 19.5% q-o-q to 99 listings (including repeat listings and excluding properties sold outside of auction) in Q4 2022, rounding off the year with a total of 420 listings. Here’s more from Knight Frank: Overall, auction listings declined by 31.9% y-o-y with mortgagee and owner sale listings...
News Singapore Real estate: Singapore property tech company 99 Group raises fresh $11m
Property technology company 99 Group, which owns and operates multiple real estate portals in Singapore and Indonesia, has raised $11 million in a Series C round extension from Gaw Capital Partners ...
News Singapore Real estate: Luxury Property Rents Increase Faster in Singapore Than New York
Singapore pushed New York off the top spot for the strongest growth in residential rents in the last quarter of 2022, fueled by a supply crunch and strong demand.Most Read from BloombergFirst Republic ...
News Singapore Real estate: Ascott opens first coliving property in Singapore’s research and innovation hub one-north
CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) has launched lyf one-north Singapore, its first coliving property in one-north, Singapore’s ...
News Singapore Real estate: Singapore’s higher property tax to have short-term impact on home sales as buyers reconsider options, analysts say
Sales of private residential units fell 58.4 per cent in December from a month earlier as the higher levy dampened demand The stamp duty on foreign buyers was raised in December from 20 per cent to 30 ...
