singapore property prices

Singapore private home prices up 0.5% in Q3 after cooling measures

Private residential prices in Singapore grew by 0.5 per cent in the third quarter, as growth slowed in the wake of the recent property cooling measures which kicked in from July. The 0.5 per cent figure - which was in line with earlier flash estimates - comes after an increase of 3.4 per cent in the previous quarter, according to the latest report from the Urban Redevelopment Authority (URA). Prices...

Singapore housing curbs won’t cool prices: Morgan Stanley

Singapore home prices may rise as much as 10 per cent by the end of next year and are on track to double by 2030 as faster income growth overpowers recent property curbs and higher interest rates, according to Morgan Stanley. Home prices rose in four of the five previous rate hike cycles, Morgan Stanley analysts said in a note to clients. Faster economic growth, the city-state's attraction as a global...

Singapore condo resale prices see 2nd month of decline with 0.2% dip in September: SRX

Resale prices of private non-landed homes in Singapore declined for the second straight month in September following the latest round of cooling measures, flash estimates by real estate portal SRX Property on Tuesday showed. Condominiums and private apartment resale prices dipped by 0.2 per cent in September from the previous month. This follows the 0.3 per cent decline in August, which was slightly...

Singapore private home prices rise even after additional property curbs

The Republic's private home prices are still inching higher - albeit at the slowest pace in five quarters - even after the government imposed additional property curbs to avoid the risk of a sharp correction that could be destabilising to the city-state’s economy. An index tracking private residential prices increased 0.5 per cent in the three months ended Sept 30 compared to a 3.4 per cent advance in...

Rise of private home prices slows sharply in Q3 as cooling measures bite

The rise of private home prices slowed sharply in the third quarter after the government announced measures to cool the red-hot market, data released by the Urban Redevelopment Authority (URA) on Monday (Oct 1) showed. Private home prices rose 0.5 per cent in the July to September period, a sharp slowdown from the 3.4 per cent rise in the second quarter and 3.9 per cent rise in the first quarter....

Condo resale prices see first monthly decline in a year after cooling measures: SRX

Resale prices of private non-landed homes fell last month, ending a 12-month climb to record highs, after the latest property cooling measures came in effect in July. Resale prices of condominiums and private apartments dropped by 0.2 per cent in August from the previous month, real estate portal SRX Property's flash estimates released on Tuesday showed. Compared to August 2017, resale prices are up...

Completed condo prices slip 0.5% in July: NUS index

According to the National University of Singapore’s (NUS) flash estimates for its Singapore Residential Price Index (SRPI) released on Tuesday, prices of completed non-landed private homes continued to lose momentum in July, declining 0.5 per cent month-on-month after a slower appreciation in June. In June, prices rose 0.7 per cent, down from a positive 1.6 per cent pace in May. The July decline...

Developers cut prices after latest property curbs

In a bid to attract more buyers, some property developers are lowering the prices of their residential projects by about 5 to 10 per cent after the latest round of cooling measures took effect on July 6. Daintree Residence, a 99-year leasehold condominium which opened for sale on July 28, was selling at an average price of S$1,710 psf, which is 5 per cent lower than the earlier announced price of...

Resale prices of non-landed private homes went up 1 per cent in July: SRX

Resale prices of condominiums and private apartments climbed 1 per cent in July from the previous month, as the number of transactions dipped by 2.8 per cent, based on flash estimates from real estate portal SRX Property. Resale prices increased by 12.3 per cent on a year-on-year basis, while transaction volumes went down by 1.5 per cent. Prices have climbed 9 per cent since the beginning of this...

Completed condo prices gain at slower 0.7% pace in June: NUS index

Prices of completed non-landed private homes climbed at a slower pace in June, appreciating 0.7 per cent month-on-month, according to the National University of Singapore's (NUS) flash estimates for its Singapore Residential Price Index (SRPI). In May, prices rose 1.6 per cent, up slightly from the preliminary estimate of 1.5 per cent. The slower pace of increase applied to most segments of the...

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