Resale prices of private homes slid in September according to Singapore Residential Price Index (SRPI) estimates, which were released on Tuesday (Oct 28). The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices fell 0.7 per cent in September from the previous month. In August, prices rose 0.2 per cent from a month earlier. Prices of homes...
real-estate
Private property market prices in Singapore may be levelling off at a new support level after five years of cooling measures that have been very effective at stalling the market. However, it appears the effectiveness of the measures has levelled off. Barring major catastrophes such as war, epidemics or financial crises, private property prices are expected to hold up, unless more resale supply is...
Prices of private residential properties in the third quarter fell by 0.7 per cent from the previous quarter – the fourth consecutive quarter of decline, the Urban Redevelopment Authority (URA) said on Friday (Oct 24). The price decline was observed across all segments of the private residential property market, URA said. Prices of non-landed properties in the Core Central Region (CCR) declined by 0.8...
After a brief recovery in August, resale prices of non-landed private residential units dipped marginally by 0.3 per cent last month from the previous month because of healthy supply and the continuing impact of property cooling measures. Resale transaction volume saw an upswing following the end of the Hungry Ghost Festival, but rental volumes continued to decline, a flash report released yesterday by...
Buyers returned to the private housing market in September, with sales of homes surging 48.3 per cent from the previous month. Excluding executive condominiums (ECs), developers sold 648 new units last month, up from the 437 units sold in August, data from the Urban Redevelopment Authority showed on Wednesday (Oct 15). Including Executive Condominiums (ECs), 707 new units were sold in September. The...
Prices of private residential properties in the third quarter of 2014 fell by 0.6 per cent from the previous quarter - the fourth consecutive quarter of decline, the Urban Redevelopment Authority (URA) said on Wednesday (Oct 1). The price decline was observed across all segments of the non-landed private residential property market, URA said. Prices of landed properties declined by 1.7 per cent,...
Resale prices of private homes ended mostly unchanged in August according to Singapore Residential Price Index (SRPI) flash estimates, which were released on Monday (Sep 29). The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices had no change in August from the previous month. In July, prices went up 0.1 per cent from a month...
The local property auction market rebounded in the third quarter of 2014 on stronger residential sales, according to a report by real estate consultancy Jones Lang LaSalle (JLL), released on Thursday (Sep 25). It said nine properties were successfully auctioned in the July-September period. While this is similar to the previous quarter, the sales value was significantly higher. JLL said in the report...
Located at the junction where Upper Serangoon Road meets Macpherson Road, The Venue Residences and Shoppes is conveniently close-by major roads as well as key expressways: PIE, CTE and KPE. Just a three-minute walk away, Potong Pasir MRT Station on the North East Line is a gateway to seamless connectivity. Enjoy panoramic views of the city as well as the surrounding landed estate with a thoroughly modern...
Investors should sell their residential investments in Singapore. The property market, which has been gradually declining, does not need any new action to tip it over. Just the sheer number of new homes being supplied both in Singapore and Iskandar will drive prices lower. New private home sales in Singapore have plunged in the past three months to about 40 per cent of the monthly average of the past...