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SRI NEWSROOM

Find all the latest news on SRI and happenings in the Singapore real estate market.
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Ohmyhome ends Nasdaq debut at US$4.07, 1.8% above IPO price
Latest News From The Business Times

Ohmyhome ends Nasdaq debut at US$4.07, 1.8% above IPO price

Mar 22, 2023
SHARES of Singapore-based Ohmyhome fell 1.8 per cent in after hours trading following its Nasdaq debut on Tuesday (Mar 21). 
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UK commercial property values to fall more slowly in Q2: RIB

Mar 22, 2023
FALLS in British commercial property values are expected to slow in the coming months as the economy improves but high inflation and interest rates will continue to weigh on the sector, an industry survey showed on Tuesday (Mar 21).
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Six-storey shophouse in Boat Quay sold for S$37 million

Mar 21, 2023
WAH Loon Engineering founder Alan Chong is understood to have sold a landmark six-storey shophouse in Boat Quay for S$37 million, making a nice gain over the S$21.35 million he paid for the 999-year leasehold property in 2018.
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Rent inflation for US single-family homes drops near two-year low

Mar 21, 2023
RENT increases for US single-family homes eased for a ninth straight month in January, pushing the annual rate to the lowest since the spring of 2021, according to CoreLogic.
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US existing home sales rebound; year-over-year house prices fall

Mar 21, 2023
US existing home sales increased for the first time in a year in February as a decline in prices on an annual basis pulled buyers back into the market, further evidence that the housing market was stabilising at low levels.
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URA tender draws 4 bids for assisted living development at Parry Avenue

Mar 21, 2023
THE state tender for a pilot private assisted living development at Parry Avenue has drawn muted results, with just four bidders.
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High interest rates sent home prices sliding in Sweden

Mar 21, 2023
WHEN Madeleine Eiswohld decided to move in with her boyfriend last year, she never expected to find it so difficult to sell her apartment. It’s a cosy studio, with lots of natural light, in Huddinge, an increasingly desirable suburb of Stockholm.
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Hong Kong developer opens new office towers amid record vacancy

Mar 21, 2023
A HONG Kong property developer is bringing new commercial buildings to the market even as the competition for tenants intensifies amid record-high vacancies.
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In the face of high home rentals, consider growing a build-to-rent segment

Mar 20, 2023
PROPERTY tax rates have risen for residential landlords. Borrowing costs are escalating for many homeowners.
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UK property sellers lift asking prices despite worry about slump

Mar 20, 2023
BRITAIN’S property owners are continuing to bump up asking prices despite fears of a slump in the housing market, a survey showed.
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Evergrande gets creditor support for restructuring: sources

Mar 19, 2023
THE world’s most indebted developer has reached an agreement with a group of major creditors for a plan to restructure its offshore debt, just ahead of a key winding-up petition hearing on Monday (Mar 20), people familiar with the matter said.
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Reality check for landlords as rents may have peaked; viewings decline

Mar 19, 2023
FINALLY, there is some light at the end of the tunnel for tenants, who have been paying ever higher rents for the past two years. While the rental market remains healthy, agents on the ground are reporting fewer viewings, and listings are taking a longer time to secure tenants. However, many landlords are having trouble accepting that the market is moderating.
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