The growth of private residential prices eased in 1Q24, growing by only 1.4%, lower than the 4Q23 record of 2.8%.
Data from the Urban and Redevelopment Authority showed that landed and non-land properties also saw a moderation in their respective price growths. Meanwhile, rentals of private residential properties decreased by 1.6% in 1Q24, an improvement from the 1.8% decline in 4Q23. In 1Q24, developers launched 1,304 uncompleted private residential properties, excluding executive condominiums, for sale, up from the 1,060 units in 4Q23....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.4.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CLI reports lower revenue of $650m in 1Q24pstrongIts real estate investment business (REIB) revenue fell 4% YoY./strong/p pCapitaLand Investment’s (CLI) total revenue dipped to $650m in 1Q24 from $651m in 1Q23.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Office space stock drops 41,000 sqm in 1Q24pstrongThe stock contraction resulted in a drop in the island-wide vacancy rate./strong/p pThe stock of office space decreased by 41,000 sqm (nett) in 4Q23, a reversal from the 2,000 sqm (nett) increase in 3Q23.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Digital Core REIT's net property income drops 9.5% in 1Q24pstrongDistributable income also declined, dropping 2.4%./strong/p pReal estate firm Digital Core REIT saw its net property income fall 9.5% YoY to $21.49m (US$15.79m) in the 1Q24./p pIts revenue also fell 8.2% YoY to $33.45m (US$24.58m) in the same period.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Suntec REIT's distributable income dips 1.1% YoY in 1Q24pstrongWith lower income, the REIT also reported a 1.8% dip in DPU./strong/p pSuntec REIT posted a 1.1% YoY lower distributable income to unitholders of $44m in 1Q24./p pThe REIT also recorded a 1.8% YoY drop in its distribution per unit (DPU) from operations to $0.01511.
Source: SBRMagazine - 🏆 13. / 51 Read more »
CapitaLand India Trust's net property income surges 18% YoY in 1Q24pstrongThe REIT attributed the increase to higher property income./strong/p pIncreased property income propelled CapitaLand India Trust's (CLINT) net property income (NPI) up 18% YoY in SGD terms and 19% YoY in Indian Rupee terms in 1Q24./p pBased on its latest financial statement, CLINT recorded an NPI of $49.4m (₹3.1b).
Source: SBRMagazine - 🏆 13. / 51 Read more »
Keppel's net profit rises in 1Q24, fueled by key sectorspstrongWith legacy offshore and marine assets factored in, net profit dipped YoY./strong/p pKeppel's infrastructure and connectivity segments drove 1Q24 net profit up year-on-year./p pHowever, the company's net profit dipped YoY when factoring in legacy offshore and marine assets./p pIn 1Q24, Keppel reported lower revenue of $1.
Source: SBRMagazine - 🏆 13. / 51 Read more »