DESPITE a 0.5 per cent month-on-month decline in resale prices of condos and apartments in the Core Central Region (CCR) in July 2016, prices in the region were up 6.2 per cent year on year. This is according to SRX Property flash estimates for last month released on Wednesday. The CCR has outperformed the other two regions tracked by SRX's resale price index for non-landed private homes, on a y-o-y...
singapore property
RENTS for non-landed private homes in Singapore remained on a slide in July, marking a 0.4 per cent decline from a month ago and a 4.8 per cent fall from a year ago. The main drag came from the suburban region or the Outside Central Region (OCR), where rents slipped 1.1 per cent month on month, followed by a 0.7 per cent decline in the Core Central Region (CCR). Meanwhile, rents in the city fringe or...
RESALE prices of non-landed private homes in Singapore eased 0.4 per cent in July 2016 over the previous month, based on SRX Property's flash estimate for last month released on Wednesday. The drop contrasts with a revised 0.4 per cent month-on-month gain in the index for June 2016. SRX Property had earlier indicated a 0.5 per cent increase for June based on its flash estimate for that month. The...
Bound by the Jurong Gateway and Lakeside precincts, Lake Grande’s prime location connects you effortlessly to all your work, education and leisure opportunities – perks of living in Singapore's second Central Business District. Lake Grande's choice location puts the Lakeside MRT station at your doorstep and major expressways such as KJE, PIE and AYE a short drive away. The upcoming Jurong Region Line...
It is "too early" for the Government to consider lifting the property cooling measures currently in place, as it looks to make sure the gains "painstakingly made" are entrenched, said Mr Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), on Monday (Jul 25). Speaking at the central bank's annual report briefing, Mr Menon said it is also to make sure the local property market...
LATEST data from the National University of Singapore (NUS) provides yet another piece of evidence of greater price resilience of late in non-landed private homes in prime locations compared with other segments. June flash estimates for its Singapore Residential Price Index (SRPI) series - which tracks prices of completed private apartments and condos - showed that the subindex for Central Region...
PRICES of completed private apartments and condominiums in Singapore appreciated in June 2016 over the preceding month - contrasting with the month-on-month decline posted in May this year. National University of Singapore's (NUS) June flash estimate for its Overall Singapore Residential Price Index (SRPI) released on Thursday reflects a 0.6 per cent month-on-month (m-o-m) increase - contrasting with a...
THE property cooling measures will remain, the Monetary Authority of Singapore (MAS) said on Monday, noting risks of a renewed surge in property prices in this lower-for-longer-rates environment that keeps investors on the hunt for yield. At a press briefing, MAS managing director Ravi Menon said property prices have adjusted "only modestly" after a run-up that was stronger than that of income...
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The prices for private residential properties decreased by 0.4 per cent in the second quarter of this year, compared to the 0.7 per cent decline in the previous quarter, according to figures released by the Urban Redevelopment Authority (URA) on Friday (Jul 22). The prices of landed properties declined by 1.5 per cent, compared to the 1.1 per cent decline in the previous quarter, while non-landed...