DESPITE a 0.5 per cent month-on-month decline in resale prices of condos and apartments in the Core Central Region (CCR) in July 2016, prices in the region were up 6.2 per cent year on year. This is according to SRX Property flash estimates for last month released on Wednesday. The CCR has outperformed the other two regions tracked by SRX's resale price index for non-landed private homes, on a y-o-y...
singapore property prices
RENTS for non-landed private homes in Singapore remained on a slide in July, marking a 0.4 per cent decline from a month ago and a 4.8 per cent fall from a year ago. The main drag came from the suburban region or the Outside Central Region (OCR), where rents slipped 1.1 per cent month on month, followed by a 0.7 per cent decline in the Core Central Region (CCR). Meanwhile, rents in the city fringe or...
RESALE prices of non-landed private homes in Singapore eased 0.4 per cent in July 2016 over the previous month, based on SRX Property's flash estimate for last month released on Wednesday. The drop contrasts with a revised 0.4 per cent month-on-month gain in the index for June 2016. SRX Property had earlier indicated a 0.5 per cent increase for June based on its flash estimate for that month. The...
LATEST data from the National University of Singapore (NUS) provides yet another piece of evidence of greater price resilience of late in non-landed private homes in prime locations compared with other segments. June flash estimates for its Singapore Residential Price Index (SRPI) series - which tracks prices of completed private apartments and condos - showed that the subindex for Central Region...
PRICES of completed private apartments and condominiums in Singapore appreciated in June 2016 over the preceding month - contrasting with the month-on-month decline posted in May this year. National University of Singapore's (NUS) June flash estimate for its Overall Singapore Residential Price Index (SRPI) released on Thursday reflects a 0.6 per cent month-on-month (m-o-m) increase - contrasting with a...
EARLY signs of a bottoming-out in the private residential market surfaced in official quarterly data on Friday, indicating that the declines in the prices of private non-landed homes have eased, and HDB resale prices stayed flat in the second quarter. A rebound in resale transactions may also be setting the stage for prices to stabilise, market watchers say. But a convincing price recovery is unlikely...
RESALE prices of non-landed private homes in Singapore rose 0.5 per cent in June 2016 over the previous month, based on SRX Property's flash estimates for last month released on Tuesday. This marks the fourth consecutive month-on-month price increase. Last month's price rise applies across the board to all three geographical regions. The prices went up 0.9 per cent in Core Central Region (CCR), 0.3 per...
RESALE prices of non-landed private homes in Singapore rose 0.5 per cent in June 2016 over the previous month, based on SRX Property's flash estimates for last month released on Tuesday. This marks the fourth consecutive month-on-month price increase. SRX Property's latest data also reflects a revised month-on-month gain of 0.7 per cent for May 2016 compared with the 0.4 per cent increase that SRX...
MOST property consultants say that the Urban Redevelopment Authority's second-quarter flash estimates signal that a bottoming out in private home prices is fast approaching. This, coupled with the recent improvement in private home sales, also means that the authorities would be inclined to delay any easing of the property cooling measures. Some agents are also hoping that Brexit could help divert some...
Private home prices in Singapore continued their decline in the second quarter of this year, according to flash estimates released by the Urban Redevelopment Authority (URA) on Friday (Jul 1). The private residential property index fell to 140.0 points in the second quarter, from 140.6 points in the previous quarter. This represented a decline of 0.4 per cent, compared with the 0.7 per cent decline in...