Author: Jack Sheo

Several more quarters of private home price increases of the magnitude seen in the first quarter could leave the property market here staring at the possibility of fresh cooling measures, industry players say. ...

Investors snagged some 26 residential land parcels (excluding sites yielding more than 20 per cent of gross floor area in other uses) worth S$7.27 billion in the first three months of this year....

Prices of luxury homes continued its climb this year. The average price rose 6.8% from $1,919 psf in 2017 to $2,049 in Jan-Feb 18. New sales rose 22.2% to a new high at $2,688 psf over the same period....

In the first two months, 26 caveats totalling S$220.8 million were lodged for purchases of shophouses island-wide. For the whole of last year, the tally was 148 caveats amounting to just over S$1 billion - a jump from the 107 caveats totalling S$707.1 million in...

Estimates from a research house suggest that developers still have another S$18.9 billion for land acquisitions in the near term. This is a conservative estimate since it assumes developers re-invest only profits from completed projects....

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