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CDL reports 1HFY2023 earnings of $66.5 mil, down 94.1% y-o-y from absence of substantial divestment gains

CDL reports 1HFY2023 earnings of $66.5 mil, down 94.1% y-o-y from absence of substantial divestment gains

CDL, the renowned property developer, has recently announced its 1HFY2023 earnings of $66.5 million. Sadly, this figure reflects a drastic 94.1% decline compared to the previous year, primarily due to the absence of significant gains from divestment. This news highlights the challenging circumstances faced by the company during the stated period.

Private housing prices down 0.2% q-o-q in 2Q2023, first decline since 1Q2020

Private housing prices down 0.2% q-o-q in 2Q2023, first decline since 1Q2020

In a surprising turn of events, private housing prices have registered a 0.2% quarter-on-quarter decline in 2Q2023, marking the first downturn since 1Q2020. This unforeseen setback has raised concerns amongst experts, calling for a deeper analysis of the factors contributing to this unexpected drop in prices.

New Private Home Sales Drops 34.6% in December 2022, HDB Completes The Most Flats in 5 Years in 2022, And More

New Private Home Sales Drops 34.6% in December 2022, HDB Completes The Most Flats in 5 Years in 2022, And More

In a surprising turn of events, new private home sales witnessed a substantial decline of 34.6% in December 2022. On the other hand, the HDB accomplished a remarkable feat by completing the highest number of flats in five years during 2022. Stay tuned for more updates on the housing market and its implications.