Resale prices of private homes declined marginally by 0.4 per cent in April compared to March. Resale volumes also remained low, with 572 non-landed units transacted compared to 614 in the previous month. On a year-on-year basis, the resale volume recorded in April represented a more than 50 per cent drop from the same period last year. This is according to data from major property agencies compiled...
singapore property prices
Singapore's luxury home prices have fallen, according to property consultant Jones Lang LaSalle. Prices in the first quarter fell 0.6 per cent quarter-on-quarter, and 4.3 per cent year-on-year. Jones Lang LaSalle said the price decline was partly due to government measures to cool the property market. Latest measures introduced in January this year are the seventh round of property cooling...
Several mixed development projects are expected to be launched for sale in the coming months. Some analysts say home buyers and investors should assess their options carefully as mixed development projects may not necessarily command a premium over pure residential developments. Hillion Residences at Bukit Panjang is one of the mixed development projects in the market. Over three quarters of the...
Private residential property prices in Singapore rose by 0.6 per cent in the first quarter of 2013, compared to the 1.8 per cent price growth recorded in the fourth quarter of 2012. This is according to data released by the Urban Redevelopment Authority (URA) on Friday. Private residential property rentals went up by 0.8 per cent in the first three months of this year, which was marginally higher...
Prices in the resale private property market fell just two per cent in March compared to February, according to data from major property agencies compiled by the Singapore Real Estate Exchange (SRX). But resale volumes in March jumped 87 per cent from February. The drop in resale private home prices was led by those in the suburbs, where resale prices fetched S$1,071 per square foot, 3 per cent lower...
Prices of private resale homes dropped 1.4 per cent in February from January, after rising 0.8 per cent month-on-month in January. This is according to the latest Singapore Residential Price Index (SRPI), which tracks prices of completed private apartments and condominiums. The weaker SRPI data from the Institute of Real Estate Studies at the National University of Singapore (NUS) comes in the wake of...
Resale prices of private non-landed homes increased 2.7 per cent in February when compared with January 2013, according to flash estimates put out by the Singapore Real Estate Exchange (SRX). SRX compiles data from 11 top property agencies in Singapore. Leading the rise were properties in the suburbs. Resale prices of non-landed private homes in those areas rose surged 5.1 per cent on-month to an average...
Singapore property prices still have "some ways to go" before reaching an acceptable level, according to Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam. Speaking in a Bloomberg Television interview, Mr Tharman said Singapore's property is now in a wrong part of the cycle, and prices would become acceptable through a combination of income improvement and prices not going up...
Prices of new private home launches usually set the benchmark for resale properties in the area. But it seems that discounts offered by developers of major properties in the city since the fourth quarter of last year may not have spoilt the market yet. Buyers who bought units at D'Leedon near Farrer Road and Interlace at Alexandra Road in the fourth quarter last year could have enjoyed discounts of up to...
Private home prices rose 1.8 per cent in the fourth quarter of 2012, compared to a 0.6 per cent increase in the previous quarter. But for the whole year of 2012, prices of private residential properties increased by 2.8 per cent, a smaller rise compared to the 5.9 per cent growth recorded in 2011. The Urban Redevelopment Authority (URA) on Friday said that prices of non-landed properties outside the...