Sales of private homes by developers in Singapore fell 35 per cent in March from February, data compiled by the Urban Redevelopment Authority (URA) showed on Tuesday. Developers only managed to sell 480 units last month, down from 739 units in February. From a year ago, new private home sales plunged 83 per cent from March 2013's 2,793 units. Transactions in Singapore's housing market have fallen...
singapore property
SRX data shows resale volume of private non-landed homes has rebounded 82.6 per cent month-on-month in March, the highest resale volume since October 2013. An estimated 451 resale transactions were registered in the month of March. On a year-on-year basis, resale volume still posted a 22.5 per cent drop compared to 582 units resold in the same month of last year. But resale prices remained...
Buying activity in Singapore's private residential market remained tepid in the first quarter of this year. Property consultancy DTZ said in its latest report that only 906 private homes changed hands in the secondary market in the first quarter. This was a 34 per cent quarter-on-quarter decline or 62 per cent decline year-on-year. DTZ attributed the slower activity to buyers becoming more...
Newly-released government flash estimates for housing prices in the first three months of the year show that they have continued their downward trend. Private home prices fell a further 1.3 per cent from the previous quarter, while Housing and Development Board resale prices sank another 1.5 per cent. The downtrend was no surprise, as updates from other real estate bodies providing monthly data have...
Private residential property prices have been subdued, following cooling measures by the government last year. Overall, they are expected to remain muted this year. But some analysts have said prices of private homes in the city fringe could start picking up soon. This is due to new project launches in attractive locations like Commonwealth Avenue, Kim Tian Road and Prince Charles...
After a tumultuous final quarter last year, Singapore’s housing market continued to weaken in the first three months this year as prices in both the private and public sectors fell and analysts warned that there will not be any reversal in fortunes as long as the Government’s cooling measures stayed in place. Private home prices slid 1.3 per cent in the January-to-March period from the previous...
Singapore home prices fell in the first quarter of this year from the last three months of 2013. This is according to flash estimates released Tuesday by the Housing and Development Board (HDB), and the Urban Redevelopment Authority (URA). It is the third straight quarter of decline for HDB resale prices. The numbers show a 1.5-per cent decline from the last quarter of 2013. There was also a...
The private residential market is showing signs that the recent measures implemented are having some effect. Developers of a recently-launched project - The Santorini, located in Tampines - said while there were many visitors at the showroom, few actually signed on the dotted line. The project was launched on Saturday, and some 40 percent of its units have been sold. Developers said as it now...
Resale prices of completed non-landed private homes continued to fall last month, showed Singapore Residential Price Index (SRPI) flash estimates released yesterday, dragged down by an acceleration in the decline in prices of shoebox apartments. The SRPI, compiled by the National University of Singapore’s (NUS) Institute of Real Estate Studies, showed overall prices falling by 0.4 per cent last month...
Total investments on Singapore properties among international investors surged to S$6.4 billion last year, says property consultancy Knight Frank. This was nearly double the S$3.4 billion in 2012. The residential segment accounted for the majority of the investments, but analysts say investors are shifting their focus to hotels and commercial properties. "The Panorama" in Ang Mo Kio by Hong Kong's...