Residential
Ho Chi Minh City to see nearly 2,000 new prime apartment units in H2
Ho Chi Minh City to see nearly 2,000 new prime apartment units in H2
This is 53% fewer than the new launches in H1.
Brisbane apartment demand to gain momentum over the next year
This will be driven by strong regional population growth.
Bangkok residential vacancy rate declines to 6.5% in Q2
A total of 21 projects are now fully occupied.
Singapore home sales plummet 72.1% to 394 units in August
There were over 5,000 units sold in the first eight months of the year.
These were the best-selling residential projects in Singapore in August
An EC project sold over 60% of its units during the month.
Hong Kong residential transactions hit 4-month low in July
Transactions declined by 15.2% to 3,065 during the month.
Delhi residential launches more than doubled in H1
Launches hit 10,963 units during the same period.
Mumbai residential launches drop 23% in Q2
Over 19,000 units were launched during the quarter.
Singapore’s top five condos with the highest leasing volume in Q2 revealed
One of the five non-landed projects saw a rental decline of 3.5%.
Singapore residential rental growth rates finally tapering off
The rental index grew 2.3% in Q2, a much slower rate vs Q1’s 6.2%
A crucial factor that is always overlooked in Singapore’s residential market
Rents may have reached a plateau, but this one factor also needs to be discussed.
These were the major residential projects recently completed in Singapore
One project adds nearly 1,500 units to the market.
Singapore residential leasing transactions down 1.9% in Q2
Less than 20,000 leases were closed during the second quarter.
Home prices to remain flat in Australia and Indonesia over the next year
Meanwhile, Japan home prices could slightly increase.
Which developers will be the winners and losers in APAC’s housing market?
Developers’ profitability will remain constrained by weak homebuyer sentiment.
Singapore residential rental growth slowed to 1-3% in Q2
But ultra luxury rents declined by 4%.
Housing affordability to remain a challenge for homebuyers in APAC
This is despite a slight improvement expected across some markets.