Property analysts cautioned that this should not be viewed as a sign that the market is cooling just yet. Read more at straitstimes.com.
but property analysts cautioned that this should not be viewed as a sign that the market is cooling just yet.
PropNex Realty head of research and content Wong Siew Ying said some property agents in her firm have observed that while overall demand remains fairly stable, some potential buyers have become more cautious with their purchases amid market uncertainties. ERA Realty head of research and consultancy Nicholas Mak said the slowdown in market activities in February will “resume shortly” once stricter rules on not selecting Build-To-Order units take effect in August.
The draw will be even stronger once the waiting time for BTO flats shortens to pre-pandemic norm of three to four years, from the current four to five years, he added.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India's HDB Financial Services flags data breach at service providerBENGALURU : HDB Financial Services, the non-bank lending unit of India's top private lender HDFC Bank, said on Tuesday there was a data breach at one of its service providers which processes customer information.'We have taken immediate steps to secure the service provider's system to prevent any further
Read more »
Man gets probation for setting fire to poster in HDB lift for S$5 Instagram challengeSINGAPORE: A 20-year-old man took up a challenge from a person on Instagram to burn a poster in a public lift in exchange for S$5. He set fire to a poster belonging to a town council at a block of flats in Woodlands and later received S$5 from the Instagram user. However, he also received 18 mont
Read more »
February BTO sales muted as buyers wait for more attractive locations, say analystsThere were 16,993 applicants in all, with an overall application rate of 3.8 times.
Read more »
China iron ore imports rise 7.3% on year in January-FebruaryBEIJING : China's imports of iron ore in the first two months of 2023 grew 7.3 per cent from the same period a year earlier, customs data showed on Tuesday, as buyers anticipated higher domestic steel demand in after the government lifted tough COVID-19 containment measures. China, the world's largest iro
Read more »
Perth Mint's February gold sales fall to over 2-yr lowPerth Mint's gold product sales in February fell to their lowest in more than two years, while silver sales rose about 20 per cent on the month, the refiner said in a blog post on Wednesday.Monthly sales of gold coins and minted bars dipped 18.9 per cent to 52,241 ounces last month, from 64,395 in January
Read more »
China confirms 53 'missing or dead' from February mine collapseSearch and rescue work appeared to come to an end as no more people had been found two weeks after the incident. Read more at straitstimes.com.
Read more »