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Orchid farms say buyers have halved since 2020, hope national events spur interest
Orchid farms say buyers have halved since 2020, hope national events spur interest

CNA

time4 days ago

  • Business
  • CNA

Orchid farms say buyers have halved since 2020, hope national events spur interest

Plant nurseries say local buyers of orchids have fallen by up to 50 per cent compared to five years ago. And they are counting on national events to boost the profile of the flower, which has long been associated with Singapore. The nation marks its 60th birthday this year, as well as the 10th anniversary of the inscription of the Singapore Botanic Gardens as a UNESCO World Heritage Site. Eugene Chow with more, Sabrina Ng with reporting.

HDB resale prices up 0.9% in Q2, lowest quarter-on-quarter growth since 2020
HDB resale prices up 0.9% in Q2, lowest quarter-on-quarter growth since 2020

CNA

time01-07-2025

  • Business
  • CNA

HDB resale prices up 0.9% in Q2, lowest quarter-on-quarter growth since 2020

Analysts said property buyers can expect resale public housing flats in Singapore to be priced more attractively. This follows the lowest quarter-on-quarter growth for resale flat prices since the start of the COVID-19 pandemic in 2020. Resale flat prices slowed for the third straight quarter to jump 0.9% in Q2 2025. About 5,500 Build-to-Order flats will be launched this month, together with 3,000 Sale of Balance Flats. This supply, coupled with global economic uncertainties, is likely to keep resale market prices from surging in the coming months. Eugene Chow reports.

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