Prices of completed private apartments and condominiums in Singapore inched up 0.2 per cent in May from the previous month, continuing its advance after an upwardly revised 0.3 per cent increase in April. The figures are flash estimates released on Friday by the National University of Singapore (NUS) for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private...
Singapore's condo resale prices rose 0.4 per cent in May from April, rising for the fourth consecutive month, according to monthly figures from real estate portal SRX Property released on Tuesday. The increase in May follows a 0.8 per cent gain in April, which was adjusted from its initial 0.9 per cent flash estimate. Price gains of non-landed private homes were led by the city fringes, or rest of...
Resale prices for non-landed private residential units rose 0.9 per cent in April 2019, for a third straight month-on-month rise, according to SRX flash estimates on Tuesday. For the first four months of the year, non-landed resale prices are up about 2 per cent, according to data from the real estate portal. Year on year, resale prices are up 3.6 per cent, with the core central region, rest of...
Prices of private residential properties in Singapore decreased 0.7 per cent in the first quarter of 2019, the Urban Redevelopment Authority (URA) said on Friday (Apr 26). The previous quarter saw a 0.1 per cent decrease. The dip this quarter is a notch higher than the 0.6 per cent decrease in URA's flash estimates released on Apr 1. Prices of landed properties rose by 1.1 per cent during this...
Singapore was again the second-most expensive city in the world to buy a house last year. It emerged behind Hong Kong, which remained in first place, in the Global Living report by real estate firm CBRE which compared investment residential properties across 35 global cities. In terms of rentals, however, Singapore was the 10th most expensive. And with property prices inching up just 1.1 per cent...
Singapore remains the world's second-most expensive housing market after Hong Kong, according to an annual CBRE report which compares private residential property markets across 35 cities. But average price growth was significantly slower, at just 1.1 per cent. Hong Kong kept its top position with an average residential property costing US$1.235 million or US$2,091 per square foot (psf). Singapore came...
URA flash estimate for the first quarter of 2019 shows that its overall price index for private homes fell 0.6 per cent over the preceding quarter. This is a bigger decline than the 0.1 per cent quarter-on-quarter dip in the fourth quarter of 2018. Year on year, the index is up 3.2 per cent. URA data released on Monday morning also showed that prices of non-landed private homes fell 1 per cent...
Prices of completed private apartments and condominiums in Singapore fell month-on-month again in February, retreating 0.5 per cent from the previous month after January's 0.2 per cent decline. The figures are flash estimates released on Thursday by the National University of Singapore's (NUS) for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private...
Singapore condo resale prices increased for the first time in February, up 0.5 per cent from January, after two consecutive months of cooling in December and January, according to monthly figures from real estate portal SRX Property on Tuesday. It was the largest price increase since July 2018, with year-on-year prices up by 4.6 per cent compared to February 2018. Prices were up 0.2 per cent in the...
Home prices in Singapore are unlikely to stage a rapid rebound after the government imposed further property curbs in mid-2018, the finance chief of the country's largest developer said. "If we see a 5 per cent increase in home prices, I think that will be a pretty good year for the Singapore residential market," CapitaLand chief financial officer Andrew Lim said in an interview with Bloomberg...
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