Sales of new private homes rose 75 per cent last month despite the circuit breaker period, a surprise to many analysts who expected the property market to remain muted after the sharp plunge in April. Data released by the Urban Redevelopment Authority (URA) on Monday (Jun 15) showed that developers sold 486 units - excluding executive condominiums (EC) - last month, compared with 277 units in...
Resale prices for non-landed private homes held steady in May despite another plunge in sales volume during the second month of the circuit breaker period, according to flash figures from real estate portal SRX Property on Tuesday. About 171 units were resold in May, similar to levels seen during the financial crisis of 2009. This volume is a 43 per cent decrease from the 300 units resold in April,...
Resale volume for condominiums in Singapore tumbled 57.3 per cent in April to 309 units resold, compared with 723 units in March, according to flash estimates from real estate portal SRX Property released on Tuesday. Year on year, resale volume was 62.2 per cent lower and 66.8 per cent lower than the five-year average volumes for the month of April. The outside central region (OCR) accounted for the...
Sales of new private homes fell in March due to disruption from the COVID-19 pandemic, as developers refrained from launching new projects and potential foreign buyers were not able to visit Singapore to view the properties. Developers sold 660 homes – excluding executive condominiums – last month, 32.4 per cent lower than the 976 units sold in February, data from the Urban Redevelopment Authority...
Private home prices in Singapore in the first quarter fell 1.2 per cent from the previous quarter amid the COVID-19 outbreak, according to flash estimates released by the Urban Redevelopment Authority (URA) on Wednesday (Apr 1). This reverses the 0.5 per cent increase seen in the October to December period, and is also the first quarterly decline after three consecutive quarterly increases. The...
Sales of new private homes rose in February despite the COVID-19 outbreak. Developers sold 975 homes – excluding executive condominiums – last month, 57.3 per cent higher than the 620 units sold in the preceding month, data from the Urban Redevelopment Authority (URA) showed on Monday (Mar 16). This was also 114.3 per cent more than the 455 units sold over the same period last year, making it the...
Rents and volumes of non-landed private homes and HDB flats rose in the month of February, according to flash estimates from real estate portal SRX Property. Condominium rents rose 0.1 per cent from January and are up 3.3 per cent year-on-year. Month-on-month, rents in the core central region (CCR) rose 0.9 per cent, rest of central region (RCR) rents decreased 0.4 per cent and rents from the outside...
Sales of new private homes rebounded last month, marking the strongest January showing in seven years. Developers sold 618 homes - excluding executive condominiums - last month, 14.9 per cent higher than the 538 units sold in the preceding month, data from the Urban Redevelopment Authority (URA) showed on Monday (Feb 17). Advertisement This was also 41.4 per cent more than the 437 units sold over...
The housing rental market in Singapore is likely to see a temporary slowdown in activity due to the coronavirus outbreak as data released on Wednesday showed rents for both non-landed private homes and HDB flats rose in January while the number of leasings fell. Rents of private apartments and condominiums climbed 0.9 per cent month on month, after dipping 0.5 per cent in December, according to real...
Resale prices for non-landed private residential properties in Singapore rose slightly in January 2020 after a flat performance in December, according to flash estimates from real estate portal SRX Property. Condominium resale prices were up 0.5 per cent compared to December. Year on year (y-o-y), prices increased 2.3 per cent. Meanwhile, volume grew 4 per cent to 684 units resold in January, from...
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