DEVELOPER sentiment remains weak, according to the latest NUS-Redas Real Estate Sentiment Index, with the composite sentiment index remaining below 5. The index (which is a derived indicator for the overall real estate market sentiment in Singapore) inched up to 3.8 in the first quarter from 3.5 in Q4 last year. Correspondingly, the current sentiment index rose to 3.9 from 3.6, and the future sentiment...
real-estate
Resale prices of completed private apartments fell in March, snapping two straight months of marginal increases. Overall resale prices declined 1 per cent from February, owing to a sharper drop in suburban areas, according to flash estimates from the NUS Singapore Residential Price Index (SRPI). This followed the revised 0.5 per cent rise in February and a 0.2 per cent increase in January. The...
KEPPEL Land (KepLand) is launching its Highline Residences on April 30, with a new block which has 60 units released for sale. The developer had previously sold about 86 per cent of the 210 released units at private events held for registered prospects. In September last year, KepLand said home buyers had picked up more than 80 per cent of the first 160 units released at its closed-door sales at an...
Speculation in the private property market is at its lowest in years, as the number of sub-sale transactions for private homes in the first three months of the year fell to its lowest level in nearly 11 years, signalling the market’s continued slowdown. There were 88 sub-sale transactions in the first quarter of this year, compared with 132 units transacted in the previous quarter, data released by...
Resale prices of private homes fell in March, after a marginal increase the previous month, according to flash estimates from the Singapore Residential Price Index (SRPI) released on Thursday (Apr 28). The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices declined 1 per cent in March from the previous month. In February, prices rose 0.4 per...
A S$4.3 million loss on the sale of a property would be a terrifying prospect for most people. But that eye-watering amount is what the owner of a three-bedroom apartment at The Ritz-Carlton Residences Singapore Cairnhill saw disappear down the sink when the property was sold earlier this year. The seller, a Chinese national who was a permanent resident here, had purchased the unit at S$3,815 per...
Victoria Park Villas is an exclusive and prestigious landed development in the prime District 10 offering 106 semi-detached houses and three distinctive bungalows. Sitting on a 403,000 square feet site at the junction of Coronation Road and Victoria Park Road, Victoria Park Villas is a rare collection of landed houses perched on elevated land along Victoria Park Road within the Good Class Bungalow...
Located just a short drive away from the heart of the city, residents of Sturdee Residences will enjoy great access to the central prime districts such as Orchard Road, Singapore’s shopping paradise and the Central Business District such as Shenton Way. The Farrer Park MRT station is also a short leisure walk away, and it takes only 2 to 4 stations away to reach the city area such as Dhoby Ghaut, Raffles...
Indulge in the unmistakable appeal of this quaint and trendy estate located at the fringe of the city. Heralded as one of the “Top 10 Urban Markets to Watch” and “15 Coolest Neighborhoods in the World”, Highline Residences is designed by award-winning architect, Mok Wei Wei, of W Architects. Experience urban living with the myriad of facilities spanning various levels. On Level 1, the open lawn...
Sales of private homes last month more than doubled in March, rising by 178 per cent from the previous month as developers launched more units. Excluding executive condominiums (ECs), developers sold 843 new units in March, up from the 303 units sold the previous month, data from the Urban Redevelopment Authority showed on Friday (Apr 15). Including ECs, 1,328 new units were sold last month, up from 433...