Private home prices in Singapore fell for a third consecutive quarter in the longest losing streak in five years as cooling measures and mortgage restrictions continued to slow the market, but the rate of decline moderated, suggesting the curbs are likely to stay in place, analysts said. Overall prices of private residential properties declined by 1.1 per cent in the three months to June from the...
singapore property prices
Singapore's bid to tame the red-hot property market is showing signs of cooling. Private home prices fell in the fourth quarter of 2013 from the previous three months, its first decline in nearly two years. Preliminary data by the Urban Redevelopment Authority showed the private residential property price index fell 0.8 per cent in the October-December period to 214.5 points. This ended six...
While property measures implemented over the last few years have dampened the rising momentum in the housing market, price levels remain high and the Government will step in, if necessary, to ensure stability and sustainability, the Monetary Authority of Singapore (MAS) said yesterday. Sales volume and price growth in the housing market have moderated, but developers continue to put in firm bids for...
Prices of resale private homes continued to soften in October. According to the flash estimate of the NUS Singapore Residential Price Index (SRPI), overall resale private home prices dipped 1.2 per cent last month. This is compared to a 0.9 per cent on-month decrease in prices in September. The SRPI showed that resale prices for private homes in the central areas fell 1.4 per cent while those...
Market watchers have said that price cutting among developers on new project launches will likely lead to a drop in private residential prices in the fourth quarter. If so, this would be the first quarterly decline since the second quarter of 2009. They added that the price war is also setting in in the resale market. Duo Residences in Bugis is one of several projects that are expected to push...
Demand for luxury homes in Sentosa Cove may be softening but it is not losing its shine just yet. Property experts said prices in Sentosa Cove are set to make a rebound, even hitting previous highs seen in 2008 before the global financial crisis. The upbeat sentiment came following a report by Colliers International on Tuesday which said Sentosa Cove properties are now cheaper than mass market...
Prices of resale private homes continued to soften in September. According to the flash estimate of the NUS Singapore Residential Price Index (SRPI), overall resale private home prices dipped 0.7 percent last month. This is compared to a 0.4 percent on-month decrease in prices in August. The SRPI showed that resale prices for private homes in the central areas fell 1.7 percent, while prices of...
Private home prices inched up 0.4 per cent in the third quarter, a slowdown from the 1 per cent increase recorded in the preceding three months, real estate data released by the Urban Redevelopment Authority today (Oct 25) showed. Prices of non-landed properties in the Core Central Region (CCR) declined by 0.3 per cent, after the 0.2 per cent decrease in the previous quarter. In the Rest of Central...
Resale prices of private homes slipped 1.6 per cent in September from August as recent loan curbs took its toll on the market. This follows a 0.5 per cent increase in the previous month. According to data compiled by the Singapore Real Estate Exchange (SRX), the overall price decline last month was led by a 3.5 per cent drop in resale prices of private homes in the city fringes. Mass market resale...
Prices of private resale homes rose just 0.1 per cent in August from July -- this is according to the latest Singapore Residential Price Index (SRPI), which tracks prices of completed private apartments and condominiums. The SRPI data is published by the Institute of Real Estate Studies at National University of Singapore (NUS). Resale prices of private homes in the central area saw the biggest...