THE residential market is showing signs of stabilising even as private home prices slipped for the 13th consecutive quarter, going by the government's flash estimates for the fourth quarter. For the full year, the estimated 3 per cent fall in private home prices and the 0.15 per cent decline in HDB resale prices were smaller than their respective 3.7 per cent and 1.6 per cent declines in 2015. The 0.4...
real-estate
PRIVATE residential prices slipped 0.4 per cent in the fourth quarter from a quarter ago, after a steeper 1.5 per cent decline in the third quarter. For the whole year, prices have fallen 3 per cent, a smaller magnitude compared to the 3.7 per cent drop in 2015, flash estimates from the Urban Redevelopment Authority (URA) released on Tuesday show. Non-landed properties marked a 0.7 per cent price...
Private property developers saw lacklustre sales in November, with the number of new units sold falling 31.4 per cent from the previous month, figures released by the Urban Redevelopment Authority (URA) on Thursday (Dec 15) showed. Excluding executive condominiums (ECs), 860 new private homes were sold last month, down from the 1,253 units sold in October. Including ECs, 1,110 units were sold, down from...
THE residential leasing market remained soft last month, with both private home rents and HDB flat rents continuing their downward drift. Private rents slipped 0.8 per cent in November from a month ago, according to flash estimates by SRX Property. HDB flat rents fell 0.9 per cent during the same period. The rental drag in the private segment came from all regions, with the prime or Core Central...
RESALE prices of non-landed private homes in Singapore rose 0.3 per cent in November 2016 over the previous month, based on SRX Property's flash estimates for last month released on Tuesday. This contrasts with a 0.7 per cent month-on-month decline in the index for October 2016. Last month's increase in the index came on the back of price gains of 0.5 per cent in the Core Central Region (CCR) and 0.4...
HOME sales rose by one per cent quarter-on-quarter to 4,596 units in the three months to September, led by a stronger showing in the resale market, according to a report by Edmund Tie & Company Research. The resale market saw a 15.7 per cent increase in sales in the third quarter, while primary home sales fell 13.2 per cent due to slower sales in August. Despite this upward trend in transaction...
Sales of new condominiums surged to a 15-month high last month as buyers snapped up units at two newly launched developments. Property developers sold 1,252 new private homes in October, more than double the 509 sold the previous month and the highest since July 2015, when 1,655 units were sold. ADVERTISING inRead invented by Teads More than half of the units sold in October were from two new...
THE revival in developers' private homes sales last month - sparked by new launches Forest Woods and The Alps Residences and supported by sales from earlier launches - is expected to continue this month. Two new major condo developments have hit the market this month so far - Queens Peak near Queenstown MRT station and Parc Riviera in the West Coast. Urban Redevelopment Authority (URA) data released...
DEVELOPERS' housing sales rose last month over the preceding month as well as on a year-on-year basis, show latest government numbers. In the private housing segment, excluding executive condos or ECs, developers sold 1,252 units in October 2016, up from the 509 units they moved in the preceding month and 549 units they sold in October last year. Including ECs, which are a public-private housing...
Towering at 122 metres with 30 storeys, Cairnhill Nine will be one of the tallest buildings in the Orchard Road district. It is part of an integrated development that also comprises luxurious serviced residence Ascott Orchard Singapore. It is located a few minutes’ walk from Orchard as well as Somerset MRT stations, world-class shopping malls and premium medical facilities. ​ Residents of Cairnhill...