Market Reports

Singapore private home prices slip 0.1% in Q4 2018, up 7.9% for full year: URA

Private home prices in Singapore eased by 0.1 per cent in the fourth quarter of last year, after inching up 0.5 per cent the previous quarter, according to data released by the Urban Redevelopment Authority (URA) on Friday. This marked a 7.9 per cent increase in the private property price index for the whole of 2018, as compared to the 1.1 per cent increase in 2017. The Q4 statistics released were in...

Private home prices rise by 7.9% in 2018, while HDB resale prices fall

Private home prices in Singapore rose 7.9 per cent in 2018, compared with a 1.1 per cent increase the previous year, said the Urban Redevelopment Authority (URA) on Friday (Jan 25), confirming flash estimates announced earlier this month. Private home prices fell by 0.1 per cent in the fourth quarter of last year, compared with the 0.5 per cent increase in the third quarter. URA revised its estimates...

Dreary Christmas for developers as new private home sales plunge 50% in December

Developers did not have a very merry Christmas last month, after sales of new private homes plunged 50 per cent in December from the previous month. Excluding executive condominiums (ECs), developers sold 602 units last month, compared with 1,201 units in November, data released on Tuesday (Jan 15) by the Urban Redevelopment Authority (URA) showed. Including ECs, 605 private homes were sold, down...

Singapore condo rents dip 0.2% in December; HDB rents up 0.6%: SRX

Rents for Singapore condominiums and private apartments reversed course to notch a small decrease in December, while HDB rents rose after dipping in November, according to a report on Wednesday. Flash estimates from real estate portal SRX Property show rents for non-landed private residential properties fell by 0.2 per cent month on month. Year on year, rents last month were 0.1 per cent higher than...

Singapore condo resale prices slip 0.8% in December: SRX

Resale prices of private non-landed homes in Singapore declined last month after rising in November, flash estimates by real estate portal SRX Property on Tuesday showed. Condominiums and private apartment resale prices fell by 0.8 per cent in December from the previous month. This comes after a 0.3 per cent rise in November, slightly higher than the 0.2 per cent increase earlier estimated by...

Don’t expect Singapore’s private home prices to match growth of 2018: Experts

Private home prices may have risen by close to 8 per cent last year according to flash estimates from the Urban Redevelopment Authority (URA), but analysts say that this increase will not be sustained in 2019. Private home prices in Singapore rose 7.9 per cent in 2018, said the URA on Wednesday (Jan 2), a 6.8 percentage point increase from the year before. However, the growth appeared to have slowed...

Singapore’s private home prices rise nearly 8% in 2018

Private home prices in Singapore rose 7.9 per cent in 2018, compared with a 1.1 per cent rise the year before, according to flash estimates from the Urban Redevelopment Authority (URA) on Wednesday (Jan 2). However, the rise appeared to have slowed significantly after the Government introduced more measures in July to cool the red-hot market. Private home prices slowed to a 0.5 per cent increase in...

Completed condo, private apartment prices fall 0.4% in November from October: NUS index

Prices of completed private apartments and condominiums in Singapore fell again by 0.4 per cent in November from the previous month, after a 0.6 per cent month-on-month decline in October. This is according to the National University of Singapore's (NUS) flash estimates released on Friday for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private homes. The...

Completed condo, private apartment prices fall 0.4% in November from October: NUS index

Prices of completed private apartments and condominiums in Singapore fell again by 0.4 per cent in November from the previous month, after a 0.6 per cent month-on-month decline in October. This is according to the National University of Singapore's (NUS) flash estimates released on Friday for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private homes. The...

Private rental market may be held up by en bloc sellers, lower supply

The outlook for the private residential leasing market looks promising in 2019, with rent and occupancy rates likely to improve as supply eases and demand continues to be supported by displaced owners. According to data from the Urban Redevelopment Authority (URA), a total of 10,119 private residential units are slated for completion in 2019, higher than the 7,898 units that could be completed this...