Resale prices of private homes in Singapore rose at a faster rate of 1.9 per cent in April, compared to the previous month's 1.1 per cent price increase. The Singapore Residential Price Index (SRPI) flash estimates were published by the Institute of Real Estate Studies at the National University of Singapore on Tuesday. The price increase was led by private homes outside the central region, which...
real-estate
The number of returned condominiums is at its highest in about a year, according to property research firm Square Foot Research. Data shows there were 152 units returned in April. This slightly pips the previous high of 150 units returned in May 2012. It also brings the total number of units returned for the first four months of this year to 415, about 10 per cent higher than the same period in 2012...
Raffles Quay Asset Management said it is confident of filling up the rest of the office space at Marina Bay Financial Centre Tower 3, as well as sell the remaining units of luxury apartments at Marina Bay Suites -- despite uncertainties in the global economy and the property cooling measures announced in January 2013. About 88 per cent of the 221 units at Marina Bay Suites have been sold so far. While...
Resale prices of private homes declined marginally by 0.4 per cent in April compared to March. Resale volumes also remained low, with 572 non-landed units transacted compared to 614 in the previous month. On a year-on-year basis, the resale volume recorded in April represented a more than 50 per cent drop from the same period last year. This is according to data from major property agencies compiled...
Singapore's resale property market continues to slow as buyers remained on the sidelines after the government's latest round of property cooling measures. Flash figures from the Singapore Real Estate Exchange (SRX) revealed that transaction volumes in both private and HDB resale markets fell last month. Prices stayed fairly resilient as the overall median price of resale HDB flats inched up, while...
The Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) will be releasing five residential sites for sale this month under the Government Land Sales Programme for the first half of 2013. The government said this is to provide developers and home buyers with more choices for private housing. The five sites are located at Tampines Avenue 10, Toa Payoh Lorong 6, Prince Charles...
Location: Compassvale Bow (District 19) Tenure: 99 years leasehold Year of Completion: 2016 Site Area: approx 197,419 sqft Total Units: 616 in 6 blocks of 15/16/17-storey Unit Types: 1 bedroom ~ 463 - 581 sqft 2 bedroom ~ 689 - 904 sqft 3 bedroom compact ~ 872 - 1,130 sqft 3 bedroom ~ 1,109 - 1,389 sqft 4 bedroom ~ 1,324 - 1,625 sqft 4 dual key ~ 1,356 - 1,647 sqft 5 bedroom ~ 1,636 - 1,701 sqft Penthouse...
Keppel Land unit Harvestland Development has won the tender for a private residential site in Kim Tian Road with a top bid of S$550.3 million, Urban Redevelopment Authority data showed on Tuesday. Harvestland’s bid translates to S$1,162.86 per sq ft per plot ratio, the highest ever for a pure residential site, beating the previous record of S$1,107 psf ppr for a site at Farrer Road, said Mr Lee Sze...
After more than 10 years pushing to get their estate privatised, residents of Shunfu HUDC estate finally won the day. The government has given it the green light to turn private. Attempts started as early as 2001, but it was only in 2008 that the effort gained momentum, with the necessary 75 per cent of residents agreeing to privatisation. There was a small notice on the lift landing... with big news...
Prices of private resale homes dropped 1.4 per cent in February from January, after rising 0.8 per cent month-on-month in January. This is according to the latest Singapore Residential Price Index (SRPI), which tracks prices of completed private apartments and condominiums. The weaker SRPI data from the Institute of Real Estate Studies at the National University of Singapore (NUS) comes in the wake of...