Singapore - Housing 18 (Apr 19 - Dec 25)

[behappyalways]

(Sing Holdings' Parc Botannia is said to have sold 60 units in June but if you compare the number of units sold in May and June for Parc Botannia, the figure is only 9. Most probably the 60 units figure is made up of options given plus actual units sold. The options could be brought forward to next month and there could be a double counting risk when you add up the total of units sold by all developers for the year)

New private home sales dip 13.8% m-o-m in June
https://www.edgeprop.sg/property-news/n ... m-o-m-june


viewtopic.php?f=31&t=2277&start=290

[winston]

Spore Properties
a. 24,000 Vacant Apartments
b. 52,000 Being Built (2018-2022)
c. 37,800 Unsold Residential Properties @ 1Q, 2019

[behappyalways]

Sales of private new homes up 43.5% m-o-m to 1,178 units in July
https://www.edgeprop.sg/property-news/s ... units-july

[behappyalways]

Non-landed residential DC rates trimmed 0.3% after September review
https://sbr.com.sg/residential-property ... ber-review

[behappyalways]

Developers’ bids in government land tenders reflect cautious mood
https://www.edgeprop.sg/property-news/developers’-bids-government-land-tenders-reflect-cautious-mood


TID beats eight others with highest bid of $155.7 mil for one-north Gateway site
https://www.edgeprop.sg/property-news/t ... teway-site


Hao Yuan submits highest bid of $441 mil for Bernam Street GLS site
https://www.edgeprop.sg/property-news/h ... t-gls-site


GuocoLand bids $800.2 mil for site on Tan Quee Lan Street
https://www.edgeprop.sg/property-news/g ... lan-street

[behappyalways]

How Are Singapore's HDB Estates Planned?
https://www.youtube.com/watch?v=CzuzxASXkMQ

[behappyalways]

Redas: Increase in private residential prices not reflective of market conditions
https://www.edgeprop.sg/property-news/r ... conditions

[behappyalways]

New home sales jump 13.1% m-o-m, still premature for more cooling measures
https://www.edgeprop.sg/property-news/n ... g-measures

[winston]

Singapore public housing sales fall by 38pc, builder's deficit widens

Singapore's Housing Development Board has reported an annual deficit of nearly S$2 billion in the 2018/19 financial year, up from S$1.7 billion the previous year, a report by Channel News Asia says.

The number of new flats sold has fallen significantly.

According to its annual report, HDB recorded a deficit of S$2.4 billion from its housing programs, which was offset by a S$462 million surplus from “other activities” – which include rental and other commercial businesses – resulting in a S$1.99 billion deficit.

The Housing Board incurs a deficit every year, which is fully covered by a grant from the Ministry of Finance.

The bulk of the deficit comes from housing grants, which covers the development and sale of public housing flats.

Its home ownership segment saw a S$1.4 billion deficit in the latest financial year, same as the previous year. This comprises loss on the sale of flats, disbursement of CPF housing grants and expected loss for flats that are currently under development.

A total of 16,608 new flats were sold in the financial year 2018/19, a 38 percent decline from the 26,857 sold the previous year. A total of 15,300 new flats across 18 projects were launched in 2018/19.

More than 78.7 per cent of resident households in Singapore live in HDB flats.

Source: The Standard

http://www.thestandard.com.hk/breaking- ... 1023&sid=2

[behappyalways]

Singapore developers raise alarm over apartment supply glut
https://www.theedgesingapore.com/news/p ... upply-glut