New private home sales picked up last month, recovering from the doldrums they sank into in March after developers shaved prices, and analysts said the market will become more active with several attractive launches expected in the coming weeks. Last month, 745 private homes were sold, 55 per cent more than the 480 units offloaded in March, data released by the Urban Redevelopment Authority (URA)...
singapore property
Property developer City Developments expects the Singapore residential market to be cautious with moderated volumes and a lower rate of sales compared with the peak of the property cycle. However, it believes that well-located projects, especially those near to MRT stations which are competitively priced, should continue to attract reasonable buying interests. The company made these comments today...
Resale prices of non-landed private homes hit a 16-month low in April, while the resale volume last month reached its highest since October last year, according to the latest flash estimates from the Singapore Real Estate Exchange (SRX). Advance data from SRX showed that overall resale prices of non-landed private residential properties slipped by 1.7 per cent in April from the previous month -- the...
Robin Residences is situated in the heart of prestigious district 10. An address of unmatched convenience. A short stroll away from upcoming Stevens MRT Station, its offers swift connections to vibrant Orchard Road and the bustling Central Business DistricRobin Residences is what one would call the perfect paradox, while the development is hidden from the bustling city and it’s only a short drive away to...
As the housing market moves into the peak rental season, the Core Central Region (CCR) continues to struggle to regain the rents it commanded before the global financial crisis. According to the Singapore Real Estate Exchange’s (SRX) Rental Price Index for non-landed private homes, rents in the CCR are now down 1.9 per cent from their pre-crisis peak. The CCR consists of the city centre including...
The pleasures of life are maximised to the limit at 26 Newton. The 26-storey skyscraper consists of 180 units ranging from 1,2 and 2 + 1 - bedroom to duplex penthouse. Situated at Prime District 11, convenience is not a privilege, but a way of life. In proximity are Orchard Road, CBD and Integrated Resorts. Newton and Novena MRT stations, shopping malls, Newton Food Centre and expressways are within...
Resale prices of completed non-landed private homes continued to fall last month, according to Singapore Residential Price Index (SRPI) flash estimates released on Monday, with declines registered across the board. The SRPI, compiled by the National University of Singapore’s (NUS) Institute of Real Estate Studies, showed overall prices decreased by 1.1 per cent last month from the month earlier,...
There was no last-minute reprieve for the private housing market in Singapore in the first three months of the year, with finalised data from the Urban Redevelopment Authority (URA) confirming that the price decline had picked up pace amid persistently weak sentiment. Private home prices slipped 1.3 per cent in the first quarter of the year from the previous three months, unchanged from the preliminary...
Some are giving big discounts, while others are going on marketing blitzes -- property developers are pulling out all the stops to boost sales which have been hit by cooling measures. Statistics from the Urban Redevelopment Authority (URA) on Friday showed a 1.3 per cent decline in prices in the first quarter of this year. It is the largest drop since the second quarter of 2009, when prices fell by 4.7...
Resale prices of Housing and Development Board (HDB) flats fell 1.6 per cent in the first three months of 2014 from the last quarter of 2013, while private home prices declined by 1.3 per cent, according to data released on Friday. The 1.6 per cent drop in the HDB resale price index was larger than the advance estimate of a 1.5 per cent decline made earlier this month. Singapore home prices have...