Entries by The Colab Team

HDB resale transaction up 2.7% in 2019

Resale flat prices also rose 0.5% quarter-on-quarter.  There were 23,714 resale flat transactions in 2019, the highest in 7 years. This figure is also 2.7% higher compared to 2018, where there were 23,099 transactions, based on HDB’s Q4 2019 public housing data.  On a quarterly basis, resale transactions increased 1.2% to 6,339 cases in the […]

This post was originally posted on Property Guru Property Market News Section

Private home prices up 2.7% in 2019

On a quarterly basis, private home prices climbed 0.5% in the fourth quarter of 2019, continuing the 1.3% increase seen in the previous quarter. Private homes prices in Singapore rose 2.7% in 2019, down from the 7.9% hike previously registered in 2018, showed Urban Redevelopment Authority (URA) data on Thursday (23 January). This comes as […]

This post was originally posted on Property Guru Property Market News Section

Researchers withdraw earlier claim of “insider trading” during golf sessions

Following the Real Estate Developers’ Association of Singapore’s (REDAS) strong denial of the allegations of “insider trading” during golf sessions, the researchers have now removed their claims in an updated version of the paper. The researchers behind a National University of Singapore (NUS) research paper claiming “evidence of insider trading in the land market”, have […]

This post was originally posted on Property Guru Property Market News Section

Singtel, CapitaLand and CDL included in Global 100 list

Singtel, CapitaLand and City Developments (CDL) placed 95th, 63rd and 36th respectively in the list. Three Singaporean companies have been included in Corporate Knights’ list of the world’s 100 most sustainable big corporations for 2020, reported The Business Times. Singtel, CapitaLand and City Developments (CDL) placed 95th, 63rd and 36th respectively in the list. CapitaLand […]

This post was originally posted on Property Guru Property Market News Section

Redas strikes back against NUS for ‘developer collusion’ study

  The Real Estate Developers’ Association of Singapore (Redas) has strongly denied the suggestion that the industry is engaged in insider trading, price fixing or collusion, reported Today. This strong sentiment follows the National University of Singapore (NUS) Business School’s recent publication of a research paper that claimed the existence of “evidence of insider trading […]

This post was originally posted on Property Guru Property Market News Section

Wing Fong Court condominium up for collective sale for S$108m

Meanwhile, the adjacent condo, Wing Fong Mansions, might also be put up for collective sale soon. Image: Google Wing Fong Court in Geylang has been put up for collective sale by PropNex Realty with a $108 million reserve price, reported The Business Times. The freehold condominium located at 10 Lorong 14 Geylang condominium comprises of 88 […]

This post was originally posted on Property Guru Property Market News Section

Here’s why you should start diversifying your portfolio

Diversification is the process of spreading your investments around to more than one type of assets. Essentially, it is to “place your eggs into different baskets”. This practice has one important role in your investment strategy: to reduce risk. We all know it is a good thing to have, but how do we diversify our […]

This post was originally published on Redbrick Blog Section

Developers’ to remain cautious in aggregating land in 2020

Developers have slowed down in their land-banking activity as they wait for demand for private homes to grow.  Having replenished their land banks during the 2016 to 2018 en bloc fever, developers have slowed down in their land-banking activity, with UOL and City Developments each acquiring just one Government Land Sales (GLS) site in 2019. […]

This post was originally posted on Property Guru Property Market News Section

Research shows link between developers playing golf and bids for government auctions

The group of researchers say that insider trading among the top executives of real estate development firms happens on golf courses.  By analysing the public records of golf players in Singapore and the bids that developers made for government land auctions, a group of researchers said they have unearthed “evidence of insider trading in the […]

This post was originally posted on Property Guru Property Market News Section