singapore property prices

Prices of completed private apartments, condos fall 0.8% in May

PRICES of completed private apartments and condos fell 0.8 per cent in May over April 2016. This is according to the National University of Singapore's (NUS) latest flash estimates for its Overall Singapore Residential Price Index (SRPI) released on Tuesday. This contrasts with a 0.2 per cent month-on-month (m-o-m) increase in the index in April, based on the revised index value for that...

Singapore condo resale prices up 0.4% in May, volumes up too: SRX Property

RESALE prices of non-landed private homes in Singapore rose 0.4 per cent in May 2016 over the previous month, based on SRX Property's flash estimates for last month released on Tuesday. This follows a revised 0.6 per cent month-on-month gain for April 2016 - which was slightly higher than the 0.5 per cent rise that SRX Property had indicated earlier based on its flash estimates for April. Giving a...

Resale prices for private apartments up 0.4% in May: Property index

The resale prices for non-landed private residential flats inched up in May, with resale volume also increasing, according to estimates released by SRX Property on Thursday (Jun 9). On a month-on-month basis, resale prices were up 0.4 per cent last month. Compared to a year ago, prices increased by 0.2 per cent. In individual sectors, the Core Central Region and Rest of Central Region posted a...

Resale prices of private homes up 0.3% in April: Property index

Resale prices of private homes rose in April, according to flash estimates from the Singapore Residential Price Index (SRPI) released on Monday (May 30). The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices rose 0.3 per cent in April from the previous month. It had slid 1.1 per cent month-on-month in March. Prices of homes in the central...

Prices of completed private apartments, condos rose 0.3% m-o-m in April: NUS index

PRICES of completed private apartments and condos rose 0.3 per cent in April 2016 over March 2016. This is according to National University of Singapore's (NUS) flash estimate for its Overall Singapore Residential Price Index for April released on Monday. This contrasts with a 1.1 per cent month-on-month (m-o-m) decline in the index in March, based on the revised index value for that month. The...

Singapore’s prime land ‘exorbitant’, says leading developer

Singapore's second-largest developer has taken a potshot at the prices of prime land in the country, describing them as exorbitant and predicting that they'll only get even more expensive in years to come. "In land-scarce Singapore, it is increasingly difficult to secure prime land of this scale and even if available, the asking price for land alone is exorbitantly high," City Developments Ltd said in...

Private apartment resale volume hits 3-year high in April

The number of condominiums and private apartments sold on the resale market last month hit a three-year high, even as prices edged up during the month, according to a local property index. A total of 689 non-landed private residential units were resold in April, a 17.6 per cent increase from the previous month and the highest since May 2013, SRX Property said. On a year-on-year basis, resale volume was...

Resale prices of private homes down 1% in March: Property index

Resale prices of private homes fell in March, after a marginal increase the previous month, according to flash estimates from the Singapore Residential Price Index (SRPI) released on Thursday (Apr 28). The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices declined 1 per cent in March from the previous month. In February, prices rose 0.4 per...

Almost 1 in 3 high-end Singapore condos sold at a loss in Q1

A S$4.3 million loss on the sale of a property would be a terrifying prospect for most people. But that eye-watering amount is what the owner of a three-bedroom apartment at The Ritz-Carlton Residences Singapore Cairnhill saw disappear down the sink when the property was sold earlier this year. The seller, a Chinese national who was a permanent resident here, had purchased the unit at S$3,815 per...

Condominium resale prices edge up in March

Prices of condominiums sold on the resale market edged up 0.3 per cent in March, while the number of units sold spiked 47.6 per cent, according to a local property index. Non-landed private residential units in the Outside Central Region led the rise, with a 1.3 per cent in resale prices, SRX Property said. Resale prices of units in the Rest of Central Region edged up 0.1 per cent in resale prices,...

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