Singapore's property market faces “potential downside risks” from a large supply of unsold units in the medium term and an uncertain economy, said the Monetary Authority of Singapore (MAS) on Thursday (Nov 28). In its annual Financial Stability Review, the central bank urged prospective buyers, especially households that are highly-leveraged, to be mindful of risks and remain prudent. Property...
Resale prices for non-landed private residential properties in Singapore continued their rise in October following an increase in September, while volumes picked up from a slight dip, according to flash figures from real estate portal SRX Property on Tuesday. Condominium resale prices rose 0.8 per cent in October from the previous month, faster than the 0.4 per cent increase in September following three...
Prices of private residential properties in Singapore continued to climb in the third quarter of 2019, after hitting their highest levels in at least five years in the previous quarter. The private residential property index increased 1.3 per cent to 152.8 points in the third quarter, the latest data from the Urban Redevelopment Authority showed on Friday (Oct 25). In Q2, the index had risen 1.5 per...
A higher proportion of Singaporeans would like the Government to regulate prices of new private homes compared to six months ago, based on a survey by property portal PropertyGuru. Out of 794 respondents polled in the first half of this year, 58 per cent said that there should be more price regulation — up from 49 per cent in the second half of last year. The survey, which is conducted...
Resale prices of Singapore non-landed private residential properties picked up slightly in September after a previous tepid month, while volume of sales inched down further from August, according to monthly figures from real estate portal SRX Property released on Tuesday. Overall condominium resale prices rose 0.8 per cent in September from a year ago. All regions also saw higher prices year on year....
Private home prices in Singapore rose for the second consecutive quarter, with apartments in the central region proving most popular with buyers. The private residential property index increased 0.9 per cent to 152.2 points in the third quarter, data from the Urban Redevelopment Authority (URA) showed on Tuesday (Oct 1). Private home prices had fallen 0.7 per cent in the first quarter and 0.1 per...
Prices of completed private apartments and condominiums in Singapore dipped 0.7 per cent in June from the previous month, falling after two months of gains. The figures are flash estimates released on Monday by the National University of Singapore (NUS) for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private homes. Falls were observed for both apartments...
Singapore's condo resale prices were down 0.4 per cent in June from its May peak, breaking an upward trend that had lasted four months, according to monthly flash figures from real estate portal SRX Property released on Tuesday. The decline in June follows a 0.4 per cent gain in May. Prices in the core central region (CCR) saw the biggest decline, down 0.7 per cent, while prices for outside central...
Private properties prices in Singapore rose by 1.3 per cent in the second quarter of 2019 - catching market watchers by surprise. The rise erases the declines that had set in after Q3 last year. Based on the Urban Redevelopment Authority's (URA) flash estimate on Monday, the private property price index for Q2 would be the highest since the first quarter of 2014. Several analysts believe Q2's...
Private home prices in Singapore rose 1.3 per cent in the second quarter, reversing two straight quarters of decline, according to flash estimates released by the Urban Redevelopment Authority (URA) on Monday (Jul 1). The private residential property index increased 1.9 points from 148.6 points in the first quarter to 150.5 points in the second quarter. This is an increase of 1.3 per cent compared to...
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