Newsletter - May 2024

[MARKET OUTLOOK] URA releases new sites for up to 14,000 new homes

Up to 20,000 new homes to be built in Bukit Timah Turf City

Private Market -

Condo rents down 1.4%, on track to fall 5%

Developer sales slump 58.1% amidst lack of supply

Private non-landed prices inch up 0.5%

HDB -

Record $1.538m resale HDB sold in Bishan

HDB launches listing portal

[NEW LAUNCHES]

Straits at Joo Chiat - 20% sold at average $2,100psf

[GLS/Collective Sales]

Zion Road Parcel B launched

CDL buys Delfi Orchard at $3,346 psf ppr

EC site at Jalan Loyang Besar, Margaret Drive GLS released

Capitaland and UOL awarded Holland Drive GLS at $1,285 psf ppr

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