singapore property market

Perk-up in developers’ private-home sales likely to continue in November

THE revival in developers' private homes sales last month - sparked by new launches Forest Woods and The Alps Residences and supported by sales from earlier launches - is expected to continue this month. Two new major condo developments have hit the market this month so far - Queens Peak near Queenstown MRT station and Parc Riviera in the West Coast. Urban Redevelopment Authority (URA) data released...

Developers sold 1,252 private homes in Oct, more than double 509 units in Sept: URA

DEVELOPERS' housing sales rose last month over the preceding month as well as on a year-on-year basis, show latest government numbers. In the private housing segment, excluding executive condos or ECs, developers sold 1,252 units in October 2016, up from the 509 units they moved in the preceding month and 549 units they sold in October last year. Including ECs, which are a public-private housing...

Non-landed private home rents fell 0.4% m-o-m in Oct; HDB rents down 0.5%

RENTALS for both non-landed private homes and HDB flats continued to ease month-on-month (m-o-m) in October 2016. However, leasing volumes rose in both segments, according to the latest flash estimates released by SRX Property on Wednesday morning. SRX's rental index for private apartments and condos fell 0.4 per cent in October 2016 over September 2016 after retreating 0.5 per cent m-o-m in September...

Resale condo prices in October down 0.7%: SRX

Resale prices of condominium units and apartments fell by 0.7 per cent in October from September, according to flash estimates released by SRX Property on Tuesday (Nov 8). The month-on-month drop was the sharpest since a 0.9 per cent fall in January and February this year. September's drop in resale prices was revised up to 0.6 per cent from the flash estimate of 0.9 per cent. Based on the SRX...

Resale prices of condos down 0.7% in Oct: SRX

RESALE prices of non-landed private residential units slipped a steeper 0.7 per cent in October after a 0.6 per cent decline in September, the flash estimate from SRX Property shows. The main drag came from the suburban area or the Outside Central Region, where resale prices fell 2 per cent, followed by a 0.8 per cent drop in the prime area or Core Central Region. On the other hand, resale prices in the...

Private home prices, sales decline in Q3: URA

Prices of private residential properties declined at a faster pace in the third quarter, falling by 1.5 per cent compared to a 0.4 per cent fall in the previous three months. According to data released by the Urban Redevelopment Authority (URA) on Friday (Oct 28), prices of landed properties declined by 2.7 per cent, compared to the 1.5 per cent decline in the previous quarter. Prices of non-landed...

Developers’ private home sales set to jump in October

AFTER a relatively quiet August and September amid an absence of fresh project launches, developers' private home sales are expected to soar this month, possibly to the highest monthly level this year, on the back of a few big new-project launches. Already Forest Woods near Nex mall and Serangoon MRT station and The Alps Residences in Tampines, both released earlier this month, have sold well; at least...

Non-landed private home rents eased 0.6% m-o-m in Sept, HDB rents down 0.3%: SRX

RENTALS as well as leasing volumes fell month-on-month (m-o-m) in September 2016 for both non-landed private homes and HDB flats, according to the latest flash estimates released by SRX Property on Wednesday morning. SRX's rental index for private apartments and condos fell 0.6 per cent in September 2016 over August 2016 after easing 0.5 per cent m-o-m in August 2016. The index has contracted 4.6 per...

Condo resale prices fall to lowest since 2012

NON-LANDED private residential resale prices fell 0.9 per cent in September to the lowest level in four years since July 2012, while volume slumped 17.7 per cent. According to data compiled by SRX Property, an estimated 683 private condominium and apartment units were resold in September, compared to 830 units resold in August. R'ST Research director Ong Kah Seng said: "The price fall from July to...

Resale prices of non-landed private homes in Singapore slide in September

Resale prices for non-landed private homes fell 0.9 per cent in September 2016 from August to their lowest level in 50 months since July 2012, data from SRX Property on Tuesday morning showed. SRX said prices in the city fringe fell 1.3 per cent while those in the suburbs tumbled 1.5 per cent from the previous month. However, city centre prices rose 0.6 per cent in September from the preceding...

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