Amid the overall soft property market conditions, savvy private home buyers looking for attractive deals zoomed in on the Core Central Region (CCR) last year. Government data released on Thursday showed the region was 2016's outperformer in terms of percentage increase in transaction volumes, which in turn provided some ballast for prices in the region. The total number of private homes sold in CCR...
real-estate
THE Urban Redevelopment Authority's price index for private homes fell 0.5 per cent in the fourth quarter of 2016 over the previous quarter. This was a smaller decline compared with the 1.5 per cent quarter-on-quarter drop in Q3 2016. For the whole of 2016, prices fell 3.1 per cent, also a smaller drop compared with the 3.7 per cent decline in 2015. For full-year 2016, prices of landed properties...
Sales of private homes last month fell 57.3 per cent from the previous month in the traditionally quiet year-end period, even as 2016 saw a continued uptick in sales, according to data released by the Urban Redevelopment Authority (URA) on Monday (Jan 16). Excluding executive condominiums (ECs), developers sold 367 new units in December, down from the 860 units sold in November. Year-on-year, the number...
SINGAPORE has fallen to seventh place in a regional ranking for high-end rental accommodation this year. It was the fourth most expensive location in Asia last year. According to the latest Accommodation Survey published by mobility solutions provider ECA International, rents for an unfurnished three-bedroom apartment across popular expatriate neighbourhoods in Singapore average US$4,535 per...
Located opposite Queenstown MRT, Queens Peak is located along Dundee Road, in the mature Queenstown satellite town. Queens Peak, which will be launched soon, has 736 luxurious units, comprising 2 tower blocks and ranging from 1 to 5 bedroom sizes and large single level penthouse units with private pools. Its design is driven by organic architecture where harmony is promoted between the abode and the...
DEVELOPERS sold 8,136 private homes last year, up 9.4 per cent from the 7,440 units they moved in the previous year - and the best showing in three years. The pick-up is a reflection of improved sentiment and demand, say analysts. The executive condo (EC) market posted even more spectacular sales growth. Preliminary government numbers show that developers found buyers for 4,018 EC units last year - up...
RENTALS for private homes are taking a hit over the huge supply of condominiums and apartments available for rent and the business uncertainty among corporates. In December, rents fell by 1.3 per cent from the previous month, going by the SRX Property price index for non-landed private rentals released on Wednesday. This was driven by rental slides in the Core Central Region (city area) and Rest of...
RESALE prices of non-landed private homes in Singapore rose 0.4 per cent month on month in December 2016 based on SRX Property's flash estimate. This follows a 0.5 per cent gain in November 2016. In December 2016, prices climbed 1.2 per cent in the suburbs or Outside Central Region (OCR) but eased 0.5 per cent in the city-fringe or Rest of Central Region (RCR). In the prime area or Core Central Region...
The 143-hectare Raffles Country Club site in Tuas will be acquired by authorities to make way for the Kuala Lumpur-Singapore High-Speed Rail project. The club announced the move on its website on Wednesday (Jan 4). The announcement included a letter from the Singapore Land Authority informing the club of the acquisition. According to the announcement, the land is also needed for the Cross Island...
Artra at Redhill is an elegant 43 storey building consisting of 400 residential units with the 1st floor dedicated to 15 F&B outlets & a supermarket and 2nd floor for a child care centre. With its address, 10 Alexandra View, Artra is the private residential development within the vicinity with MRT literally at its doorstep. It also makes commuting to various part of Singapore seems like a breeze....