National Development Minister Khaw Boon Wan on Tuesday (Mar 10) reiterated that Singapore wants to see a "soft landing" for its housing market. 2014 was the first full year that home prices fell after several years of increase, amid Government measures to cool the property market. HDB resale flat prices slipped by six per cent, while private homes saw a four per cent decline. Some Members of Parliament...
real-estate
Resale prices of private homes fell last month, according to Singapore Residential Price Index (SRPI) estimates, which were released on Mar 2. The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices declined 1.6 per cent in January from the previous month, when prices fell 1 per cent from a month earlier. Prices of homes in the central...
The non-landed private residential resale market here continued to weaken in January with prices falling and sales volume staying flat compared to the previous month, SRX Property said Tuesday (Feb 10). Resale prices for the segment dipped another 0.2 per cent in January from the preceding month, a flash report by SRX showed. On a year-on-year basis, prices were 6.5 per cent below that of January...
Resale prices of private homes fell again in December, according to Singapore Residential Price Index (SRPI) estimates released on Wednesday (Jan 28). The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices declined 1.2 per cent in December from the previous month. In November, prices fell 0.4 per cent from a month earlier. Prices of homes...
Private residential property prices fell 1.1 per cent in the fourth quarter of 2014 - a larger decline than the 0.7 per cent slide in the previous quarter, and the fifth consecutive quarter of price decline, according to figures released by the Urban Redevelopment Authority (URA) on Friday (Jan 23). For the whole of 2014, prices fell by 4 per cent - the first year of overall price decline since 2008,...
Kingsford WaterBay is situated along Upper Serangoon View, standing next to the Sungei Serangoon Reservoir. It sidevelopment is surrounded by lush acres of greenery, water features and landscapes. All units in the development will get to enjoy either the picturesque view of the serene reservoir or a stunning pool view. Exquisitely designed with resort-like features, Kingsford WaterBay is the ideal home...
Recent headlines suggest an oncoming storm - as property prices come down, speculators are clearing out the market, leaving banks holding the bag. In the case of Marina Collection in Sentosa Cove, lender UOB is suing the developer and several homebuyers after 37 out of 38 units there defaulted. Now, rising interest rates only seem to add to the gloom - since the start of the year, three-month SIBOR, a...
Located at the junction of Sims Drive and Aljunied Road, Sims Urban Oasis is a 99-year leasehold residence representing the best in city-edge living. Its excellent connectivity means everything is close to you, including the Marina Bay, CBD, Aljunied MRT Station and more. This makes going to work, school or anywhere a breeze – convenience you enjoy everyday at this location. Encompassing a size and scale...
Demand for new private homes in Singapore fell sharply in December, according to latest data from Urban Redevelopment Authority (URA) on Thursday (Jan 15). According to the URA, developers sold 230 units of new homes last month, down 45.6 per cent from the 423 units sold in November 2014. During the month, developers launched just 53 new units for sale, excluding executive condominiums. The mass...
Resale prices of non-landed private homes inched up 0.1 per cent in December 2014 from the previous month, while resale volume remained flat, according to flash estimates from SRX Property on Tuesday (Jan 13). Year-on-year, resale prices dropped 4.2 per cent from December 2013. Compared with the recent peak in January 2014, prices have declined 6.1 per cent, SRX said. Resale prices of private homes...