Market Chatter: Singapore HDB Resale Volume Drops 14.6% in August From July
Daily real estate industry dynamics summary (2024-08-26)
A rumor about the "retirement housing fund charging standards" has sparked a heated discussion on social media on the 25th. The rumor claims that the "charging standards for the retirement housing fund in Pudong, Shanghai, were leaked in advance, mainly based on the area and floor of the house," and also pretends to provide detailed charging rules for different houses. Is this news true? The Shanghai refutation platform has learned from the Shanghai Housing and Urban-Rural Development Commission and the city's housing administration bureau that the rumor is not true.
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Market Chatter: HDB Rents in Singapore Rise in June
Singapore's housing sales in the first half of the year nearly stagnated, reaching their lowest in 20 years.
As the once prosperous market sentiment continues to weaken, Singapore's new home sales in June barely grew, setting the weakest record for the first half of the year in at least 20 years.
Singapore's Real Estate Investment Sales Drop Nearly 27% in 2023, Savills Says
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