real-estate

Sales of new private homes holding up in August

While market activity typically tends to slow during the Hungry Ghost month, sales volumes for private homes in August seemed to hold strong as developers sold over 1,000 new homes. The 1,468-unit Parc Clematis is the top selling private residential project, with 316 units snapped up in August (as at Sept 12). Other projects launched earlier that continued to bring in a steady stream of buyers during...

Completed condo prices drop 0.7% in June after two months of gains: NUS

Prices of completed private apartments and condominiums in Singapore dipped 0.7 per cent in June from the previous month, falling after two months of gains. The figures are flash estimates released on Monday by the National University of Singapore (NUS) for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private homes. Falls were observed for both apartments...

Private property resale transactions down 50% while sales of new units jump: Huttons

While sales of new private homes rose in the second quarter from the same time last year, the private property resale market remained in the doldrums, real estate firm Huttons said in a report on Wednesday (July 24). Between April and June, there were about 2,400 resale transactions, down 50 per cent from the same period a year ago, it said. This was partly because there is a significant gap between...

Singapore condo resale prices down 0.4% in June, break 4-month uptrend: SRX

Singapore's condo resale prices were down 0.4 per cent in June from its May peak, breaking an upward trend that had lasted four months, according to monthly flash figures from real estate portal SRX Property released on Tuesday. The decline in June follows a 0.4 per cent gain in May. Prices in the core central region (CCR) saw the biggest decline, down 0.7 per cent, while prices for outside central...

Q2 home prices post surprise rise, but analysts call it an anomaly

Private properties prices in Singapore rose by 1.3 per cent in the second quarter of 2019 - catching market watchers by surprise. The rise erases the declines that had set in after Q3 last year. Based on the Urban Redevelopment Authority's (URA) flash estimate on Monday, the private property price index for Q2 would be the highest since the first quarter of 2014. Several analysts believe Q2's...

Haus on Handy

Strategically located in the highly sought-after Handy Road residential area in District 9, Haus on Handy is just a two minutes’ walk to the Dhoby Ghaut MRT interchange for the North-South, North-East and Circle Lines. Haus on Handy is close to Plaza Singapura shopping mall and a host of cafes, restaurants, parks and entertainment facilities such as cinemas, concert halls and art galleries. Several...

Private home prices rise 1.3% in Q2, reversing 2 quarters of decline

Private home prices in Singapore rose 1.3 per cent in the second quarter, reversing two straight quarters of decline, according to flash estimates released by the Urban Redevelopment Authority (URA) on Monday (Jul 1). The private residential property index increased 1.9 points from 148.6 points in the first quarter to 150.5 points in the second quarter. This is an increase of 1.3 per cent compared to...

Completed condo prices inch up again with 0.2% rise in May: NUS Index

Prices of completed private apartments and condominiums in Singapore inched up 0.2 per cent in May from the previous month, continuing its advance after an upwardly revised 0.3 per cent increase in April. The figures are flash estimates released on Friday by the National University of Singapore (NUS) for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private...

Property market ‘more sober’ after cooling measures; no need to shift gears significantly: MAS

Following the introduction of cooling measures last year, Singapore’s property market is now "more sober" with early signs of slower price increases and lower transaction volumes. This was according to Mr Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), who added that the measures still need time to work their way through. He was speaking at the press conference on the...

Parc Clematis at Jalan Lempeng

Location: Jalan Lempeng (District 5) Tenure: 99 years leasehold Site Area: 633,644.38 sqft Year of Completion: 2023 Total Units: 1,468 Unit Types: 1 bedroom ~ 452 to 710 sqft 2 bedroom ~ 689 to 893 sqft 2 bedroom dual key ~ 670 to 861 sqft 2 + study ~ 742 sqft 3 bedroom ~ 861 to 1,076 sqft 3 bedroom dual key ~ 969 to 1,216 sqft 3 bedroom premium ~ 1,044 to 1,259 sqft 4 bedroom ~ 1,238 to 1,475 sqft 4...

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