Singapore Property Price

Cheers to property savings along the NEL

If you like to have a drink or two before you return home after a hard day’s work, Clarke Quay is as good a place as any. It is great for people-watching and there are plenty of bars and restaurants to choose from. Clarke Quay has the added advantage of having its own station on the North East MRT Line (NEL). Even if you have had one too many, you can still safely return home to any condominium within...

Private residential property prices up 0.4%: URA flash estimate

Private residential property prices rose 0.4 per cent - that is according to the flash estimate of the price index for private residential property for the third quarter 2013 released by the Urban Redevelopment Authority (URA). The private residential property index rose 0.8 points from 215.4 points in Q2 2013 to 216.2 points in Q3 2013. URA said this is a moderate increase compared to the 1.0 per...

Singapore’s property prices expected to hold steady in Q3

Property prices in Singapore are expected to hold up firmly in the third quarter this year, despite sales transactions likely to come in lower in the same quarter - by almost half from the second quarter. This is the expectations of analysts ahead of the release of third-quarter property sector flash estimates by the Urban Redevelopment Authority (URA). Save for a few launches like Tembusu in...

Residential property market likely to bottom next year: Merrill Lynch

Singapore’s residential property market is likely to bottom only at some point of time in 2010, says a new report from Bank of America Merrill Lynch. The US investment bank noted that although local residential prices have already fallen 21% from the peak in mid-2008, they are likely to fall at least another 30% this year and a further 10% early next year before they stabilise. Indeed, Merrill...

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