real-estate

Prices of private residential properties in Singapore decreased 0.7 per cent in the first quarter of 2019, the Urban Redevelopment Authority (URA) said on Friday (Apr 26). The previous quarter saw a 0.1 per cent decrease. The dip this quarter is a notch higher than the 0.6 per cent decrease in URA's flash estimates released on Apr 1. Prices of landed properties rose by 1.1 per cent during this...

Real estate investment sales in Singapore fell 52 per cent year on year to $5.3 billion in the first quarter of 2019, on cooling in the latest bout of en-bloc fever and from residential property curbs. This is according to a Colliers International research report released on Tuesday. The corresponding period in 2018 had seen a record level of residential collective sales, Colliers noted. In the...

Singapore was again the second-most expensive city in the world to buy a house last year. It emerged behind Hong Kong, which remained in first place, in the Global Living report by real estate firm CBRE which compared investment residential properties across 35 global cities. In terms of rentals, however, Singapore was the 10th most expensive. And with property prices inching up just 1.1 per cent...

Singapore remains the world's second-most expensive housing market after Hong Kong, according to an annual CBRE report which compares private residential property markets across 35 cities. But average price growth was significantly slower, at just 1.1 per cent. Hong Kong kept its top position with an average residential property costing US$1.235 million or US$2,091 per square foot (psf). Singapore came...

The private resale property market saw its biggest recovery in activity since being hit by the last bout of cooling measures, according to flash estimates from SRX Property on Tuesday. The flash data showed the number of resale non-landed private homes sold last month jump 59.3 per cent to 830 units after the Chinese New Year seasonal lull in February when 521 units were transacted. March resales...

The latest state land tender closing has yielded a mixed bag of results for the two 99-year leasehold sites offered. A land parcel along Middle Road in the buzzing Bugis locale, which is slated for residential with commercial at first storey use, drew 10 bids, with Wing Tai's highest bid of nearly S$492 million or S$1,458.33 per square foot per plot ratio (psf ppr) within expectation. Over in the Sims...

Prices of completed private apartments and condominiums in Singapore fell month-on-month again in February, retreating 0.5 per cent from the previous month after January's 0.2 per cent decline. The figures are flash estimates released on Thursday by the National University of Singapore's (NUS) for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private...

Developers in Singapore sold 455 private homes in February, up 4.4 per cent from the 436 units they moved in January, and 18.5 per cent higher than the 384 units they sold in February a year ago. The figures - which exclude executive condominium (EC) units - were released by the Urban Redevelopment Authority (URA) on Friday, based on its survey of licensed housing developers. This came as 596 private...

The rental market for non-landed private properties and HDB flats in Singapore remained stagnant in February, with volume in both markets recording a double-digit drop month on month, going by flash estimates from real estate portal SRX on Wednesday. OrangeTee & Tie head of research and consultancy Christine Sun noted that the fall in rental volume could be seasonal, as was similarly observed in 2018,...

One Meyer is a convenient place to luxuriate in a broad spectrum of activities – retail, services and F&B. Indulge in your shopping spree or sink your tastebud into a global gastronomic adventure to experience life from a beautiful perspective. Sink your roots in the East. Excite your palate with delicious Peranakan cuisine, Northern Indian Tandoori, Italian pizzas, local delicacies and many more....