Private home sales in Singapore saw a big decline of 23 percent month-on-month in May. Excluding executive condominiums (ECs), the drop in sales was even more significant at 32 percent from the previous month. According to data released by the Urban Redevelopment Authority, 1,702 new private residential units, excluding executive condominiums (ECs), were sold in May, down from April's record 2,487 units...
Private Home Sales
World Cup, school holidays, lack of supply among reasons cited for drop Private home sales continued to slow last month, falling to below the 1,000-unit mark for the first time this year. Data from the Urban Redevelopment Authority (URA) showed that only 847 new units were sold last month - the lowest number of private home sales so far this year. The figure is 22-per-cent lower than the 1,083 homes...
Demand for new private residential properties continues to moderate. The number of new homes sold fell in June to 847 units, according to figures from the Urban Redevelopment Authority. That's down from 1083 transactions done in May 2010. The top sellers in June include projects like The Minton, La Brisa and Waterfront Gold. URA says 143 new homes in the city and prime districts were sold during the...
Sales in May less than half that in April The feverish property market lost some of its sizzle last month, as Europe's debt crisis and the resulting retreat in global stock prices sent prospective home buyers scurrying to the sidelines, but analysts said underlying sentiment would likely remain firm, supported by Singapore's strong economic fundamentals and steady demand. Data released yesterday by the...
Singapore's property market cooled significantly in May with just 1,078 units of new private homes sold. This is about 50 per cent lower than the number of homes sold in April. Data released Tuesday by the Urban Redevelopment Authority, URA, showed a decline in transactions across all segments. Homes located in the city fringe were most popular during the month with 451 transactions. However, this...
Government measures to cool the property market have not doused the enthusiasm of buyers. Developers sold 1,761 private homes in March - 47 per cent more than the 1,202 in February. This was disclosed in fresh figures from the Urban Redevelopment Authority (URA) yesterday. For the first quarter, sales hit 4,446 units - more than double the figure in Q4 2009 and up 67 per cent from Q1 2009. Still,...
SALES of new private homes leapt again last month, with more strong buying expected in the months ahead after the latest hot economic growth figures. Home hunters picked up 1,761 units last month, up from 1,202 in February, bringing first-quarter sales to a higher-than-expected 4,446 units. The quarterly total was way above the 1,860 units sold in the fourth quarter of last year, as demand for core city...
Private home sales kept up their momentum in March, with 1,761 units changing hands, according to figures from the Urban Redevelopment Authority (URA). This was up 47 per cent on-month and also the fourth highest monthly sales recorded since the start of URA's monthly series in June 2007. Analysts said demand for new homes remains strong, despite more government measures to cool the market in...
PROPERTY buyers showed few signs of easing off last month and snapped up 1,196 new private homes - more than industry experts had expected for a month many thought would be quieter. The robust figures follow from a bumper January, when 1,480 private units were sold - a number that trumped the miserly 481 shifted in December, and helped prompt government measures to pre-empt a property bubble. Sales in...
Strong momentum continued through February and more launches are expected this month The number of new private homes sold in January and February 2010 has already outstripped that for the whole of Q1 2009, official data shows. Developers sold 1,196 units in February - down 19 per cent month-on- month from the 1,480 units sold in January 2010 - according to the Urban Redevelopment Authority (URA)....