October 2023

[vc_row][vc_column][vc_column_text]Hungry Ghost Festival & high interest rates contributed to slower sales in both quarters. Realis statistics from Urban Redevelopment Authority show that 3,121 units were purchased in the Q3 2023 whereas 2,748 ECs were not sold. CCR resale dropped to 476 units at the end of Q3 and RCR to 808 unit from 954 during […]

[vc_row][vc_column][vc_column_text]The Assembly Place, a co-living operator in Malaysia, has launched a 426-bed premium student housing at 116 Lorong J Telok Kurau. The Campus by TAP is divided into two buildings on the 104,469 square feet site. A smaller block of three storeys with 161 bed and a bigger block of four stories with 265 bed.

[vc_row][vc_column][vc_column_text]Interest rates have been higher than expected for longer, which has affected the affordability of homebuyers. In the future, interest rates will continue to influence affordability. Many local banks offer HDB loans above 3%. Not everyone is eligible to borrow from HDB at 2.6. As more flats go up for sale, there may also be a shift