In this column, Bernard Tong, managing director of The Edge Property, assesses the advantages of buying a new condo as soon as it is launched versus waiting for the initial buzz to die off. Gem Residences was the most-talked about property launch last month, for some positive and not-so-positive reasons. The Toa Payoh condominium sold 300 units, slightly more than 50 per cent of the entire...
real-estate
Rental prices for Housing and Development Board (HDB) flats remained flat in May, while those for non-landed private properties decreased by 0.6 per cent compared to April 2016, according to flash estimates by SRX Property. Rental volume increased by 5.8 per cent, with about 4,400 units rented in May - up from 4,158 the previous month. Year-on-year, rental prices for private apartments were down 5.2...
Sales of new private homes rose 41.7 per cent in May, an improvement from the number of private units sold the previous month. Excluding executive condominiums (ECs), property developers sold 1,056 units last month compared with the 745 units sold in April, data from the Urban Redevelopment Authority (URA) showed on Wednesday (Jun 15). A total of 1,388 units - including ECs - were sold, up from...
The resale prices for non-landed private residential flats inched up in May, with resale volume also increasing, according to estimates released by SRX Property on Thursday (Jun 9). On a month-on-month basis, resale prices were up 0.4 per cent last month. Compared to a year ago, prices increased by 0.2 per cent. In individual sectors, the Core Central Region and Rest of Central Region posted a...
Resale prices of private homes rose in April, according to flash estimates from the Singapore Residential Price Index (SRPI) released on Monday (May 30). The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices rose 0.3 per cent in April from the previous month. It had slid 1.1 per cent month-on-month in March. Prices of homes in the central...
Located in the same vicinity as some of Singapore’s most prestigious addresses. Minutes from the CBD, the hotbed of top banking institutions, global conglomerates and corporate giants, Forte Suites is truly a place where extravagance is more a norm, than an exception. A mere 7 minutes drive from Orchard Road’s sensational fashion and entertainment scene, Forte Suites is right in the heart of the...
Kallang Riverside is a luxrious freehold mixed development @ the Greater Marina Bay District. Besides being conveniently linked to the New Sports Hub, URA Master Plan 2013 had outlined the Major Transformation Plan of the area which consists of 64-ha Waterfront Precinct of 4,000 new residential homes, 3,000 prime waterfront hotel rooms and approximately 400,000sqm of offices, retail & entertainment...
The number of condominiums and private apartments sold on the resale market last month hit a three-year high, even as prices edged up during the month, according to a local property index. A total of 689 non-landed private residential units were resold in April, a 17.6 per cent increase from the previous month and the highest since May 2013, SRX Property said. On a year-on-year basis, resale volume was...
Rental rates for Housing and Development Board (HDB) flats continued their downward trend in April, while those for non-landed private properties remained flat with minor fluctuations outside of the Core Central Region. Overall rental prices for private apartments were constant from March, although private apartment rents in the city fringes increased by 0.1 per cent and they decreased by 0.1 per cent...
RESALE prices of non-landed private homes in Singapore rose 0.5 per cent in April 2016 over the previous month, based on SRX Property's flash estimates for last month released on Tuesday. This follows a 0.1 per cent month-on-month gain for March 2016 - a revision from the 0.3 per cent increase that SRX Property had indicated earlier based on its flash estimates for March. Giving a geographical...