Despite new price records, sales of new private residences and resale properties in Singapore increased last year, according to figures released by the Urban Redevelopment Authority on Friday (Jan 28). Developers sold 13,027 private residential units in total in 2021, compared to 9,982 units the previous year. In the secondary market, 19,962 resale properties were sold in 2018, compared to 10,729 in...
Private property prices in Singapore rose 2.1 per cent in the fourth quarter of 2020 from the previous quarter, according to flash estimates by the Urban Redevelopment Authority (URA) on Monday (Jan 4). This compares with a 0.8 per cent increase in the previous quarter, said URA. For the whole of 2020, private home prices rose by 2.2 per cent, compared with the 2.7 per cent increase in 2019. Ms...
Private home prices in Singapore in the third quarter rose 0.8 per cent from the previous quarter, while demand surged for both new developer units and resale properties, in what analysts said is a sign that consumer confidence is "steadily returning" amid the COVID-19 pandemic. The private residential property price index increased to 153.8 points in the third quarter, up from 152.6 points in the first...
Resale volume of non-landed private homes in Singapore rose 0.4 per cent to about 1,286 units resold in September 2020, from 1,281 units resold in August 2020. Volumes were up 62.8 per cent from September 2019 and 64.5 per cent higher than the five-year average volumes for the month of September. Overall prices meanwhile, edged up 0.1 per cent month on month and year on year. By region, resale...
Private home prices in Singapore rose by 0.8 per cent in the third quarter from the previous quarter, according to flash estimates released by the Urban Redevelopment Authority (URA) on Thursday (Oct 1). The private residential property index rose by 1.2 points, from 152.6 points in the second quarter to 153.8 points in the third quarter. The increase is slightly more than the 0.3 per cent rise...
Private home prices in Singapore in the second quarter edged up 0.3 per cent from the previous quarter, while transactions fell to its lowest in more than two years amid the COVID-19 pandemic, updated data from the Urban Redevelopment Authority (URA) showed on Friday (Jul 24). The private residential property price index increased to 152.6 points in the second quarter, up from 152.1 points in the first...
Private home prices in Singapore in the second quarter fell 1.1 per cent from the previous quarter, according to flash estimates by the Urban Redevelopment Authority (URA) on Wednesday (Jul 1). The private residential property price index decreased by 1.7 points from 152.1 points in the first quarter to 150.4 points in the second quarter. "This represents a decrease of 1.1 per cent compared to the...
Resale prices for non-landed private homes held steady in May despite another plunge in sales volume during the second month of the circuit breaker period, according to flash figures from real estate portal SRX Property on Tuesday. About 171 units were resold in May, similar to levels seen during the financial crisis of 2009. This volume is a 43 per cent decrease from the 300 units resold in April,...
Sales of new private homes last month plunged 58 per cent from March as a result of "circuit breaker" restrictions, with analysts expecting the property market to remain muted in May. Data released by the Urban Redevelopment Authority (URA) on Friday (May 15) showed developers sold 277 units - excluding executive condominiums (EC) - last month, compared with 660 units sold in March. Including ECs,...
Sales of new private homes in Singapore plunged in the first quarter of the year along with a dip in prices, amid disruption from the COVID-19 pandemic, data showed on Friday (Apr 24). Expectations are that the private property market will deteriorate even further, as the "circuit breaker" measures take hold. Developers sold 2,149 homes (excluding executive condominiums) in the first three months of...
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