The overall private residential property index fell for an eighth straight quarter, with prices down by 1.3 per cent in the July to September period, compared to the 0.9 per cent decline in the previous quarter, according to Urban Redevelopment Authority (URA) flash estimates released on Thursday (Oct 1). Prices of non-landed private residential properties declined in all market segments, the URA said....
real-estate
Resale prices of private homes fell again in August, according to the Singapore Residential Price Index (SRPI) flash estimates released on Monday (Sep 28). The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices declined 0.6 per cent in August from the previous month. In July, prices fell 0.2 per cent from a month earlier. Prices of homes...
In its latest call for the Government to scale back on property curbs, the Real Estate Developers’ Association of Singapore (REDAS) cautioned about a collapse in the housing market, saying that a deterioration in economic sentiment, dwindling sales and greater upcoming supply would risk precipitating a downward spiral of property prices. “The property market is clearly heading for a different phase,...
For those holding out for a rollback of property curbs after an election victory by the People’s Action Party (PAP), the wait may be longer than anticipated. The pace of decline in home prices will need to double the 6.7 per cent drop from the peak two years ago before any of the restrictions are eased, said Chestertons Singapore and RHB Research Institute Singapore. “The winning of a...
Principal Garden is a condo whose four apartment towers and facilities occupy less than 20 percent of the development’s total land area. The remaining site is transformed into an expansive landscape of lush gardens, sweeping lawns, pools and water features, within which nestle an array of recreational facilities. Warm-grey walls, earthy terracotta-coloured frames and generous use of glass add unique...
Sales of private homes by developers slumped 69.3 per cent last month amid a quiet market with few launches. Excluding executive condominiums (ECs), developers sold 495 new units in August, down from the 1,611 units sold the previous month, data from the Urban Redevelopment Authority (URA) showed on Tuesday (Sep 15). Including ECs, 961 units were sold last month, down from 2,106 units in...
The resale volume of non-landed private residential units was up 16 per cent year-on-year in August, with 466 units resold, according to latest data from SRX Property released on Tuesday (Sep 8). However, compared to the previous month, resale volume declined 16.8 per cent from the 560 units resold in July. Resale prices inched up 0.2 per cent from July, driven by units in the Rest of Central Region,...
The city revolves around you at City Gate; where the CBD and its attractions at Beach Road/ Ophir-Rochor areas are brought right up to your doorstep. This is the ultimate lifestyle of convenience that you’ve always desired. Live above it all in a 30-storey iconic mixed development, away from the daily rush; where 311 exclusive apartments elevate you to a tranquil sanctuary. Bring your senses to higher...
Resale prices of private homes remained unchanged last month, according to Singapore Residential Price Index (SRPI) estimates, which were released on Friday (Aug 28). The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices stayed flat in July from the previous month. Prices of homes in the central region, excluding small units, increased...
Hillion is Singapore’s first mixed-use development in the West to integrate residential living with a retail mall (4 levels of retail space), bus interchange as well as both MRT and LRT stations. It will be the heart of Bukit Panjang. It celebrates nature with lush greenery and open spaces for residents. The name ‘Hillion’ draws inspiration from what Bukit Panjang stands for – Long Hill. It is...