Tag: property market

Covid-19

This is Covid-19’s impact on Chinese buyers in the SG property market

Fears of an imminent recession aside, has the coronavirus outbreak already affected the Singapore property market? Diving into transaction data, we certainly found evidence to suggest that the outbreak (and the lockdowns) dampened buying activity among Chinese buyers in the first two months of 2020. The background on Covid-19 As early as December 2019, China…

condo developers old landed properties

Homegrown condo developers are snapping up old landed properties. Here’s why

On 19 November, homegrown property and hospitality group Roxy-Pacific announced in a bourse filing that its wholly-owned subsidiary, RL East, will acquire a cluster of 15 freehold landed properties located in Geylang for $93 million. With frontage along Guillemard Road and within a ten-minute walk to Aljunied and Mountbatten MRT stations, the 3,450 square metre…

Will the retail bloodbath affect the residential property market in SG?

The retail side of the commercial property market probably deserves that funeral dance meme treatment. After all, the only thing emptier than a shopowner’s hopes right now are the shopping malls themselves. But will a retail bloodbath, with empty shops and ghost town malls, affect the price of residential property in Singapore? This isn’t always…

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