Sales of new private homes slumped last month as fewer projects were launched during the June school holiday period. Excluding executive condominiums (ECs), property developers sold 536 units in June, nearly half of the 1,058 units sold in May, data from the Urban Redevelopment Authority (URA) showed on Friday (Jul 15). Including ECs, 768 units were sold, down from May’s 1,392 units. The lacklustre...
singapore property
Mon Jervois offers the ultimate urban retreat in the exclusive District 10, capturing the prestige for which the location of Chatsworth-Bishopsgate-Tanglin is known. An exclusive prime location facing Good Class Bungalows (GCB) and near to various Embassies such as High Commission of Brunei Darussalam, Embassy of Republic of Indonesia and Malaysia High Commission. Location: Jervois Road (District...
EARLY signs of a bottoming-out in the private residential market surfaced in official quarterly data on Friday, indicating that the declines in the prices of private non-landed homes have eased, and HDB resale prices stayed flat in the second quarter. A rebound in resale transactions may also be setting the stage for prices to stabilise, market watchers say. But a convincing price recovery is unlikely...
Corals at Keppel Bay is the third phase of residential developments in the Keppel Bay waterfront precinct. Located along the historic King's Dock, the development comprises 366 luxurious waterfront homes designed by world-renowned master architect Daniel Libeskind. Corals at Keppel Bay offers home owners an idyllic lifestyle in a picturesque setting, with choice units of 1- to 4-bedroom apartments and...
CONDO transactions of S$10 million and above in the January-June period are up sharply from a year ago, marking the strongest showing since the second half of 2013. The strong pick-up was fuelled largely by foreign buying, attractive pricing and a general improvement in property market sentiment in recent months. According to CBRE Research's analysis of URA Realis caveats data, 19 condos were sold for...
DEVELOPERS have sold 2,344 private homes excluding executive condos (ECs) in the second quarter of this year based on preliminary figures from the Urban Redevelopment Authority (URA) released on Friday. URA will issue its final numbers for Q2 2016 later this month. The 2,344 private housing unit sales for Q2 is 65.2 per cent higher than the 1,419 private homes that developers moved in the first quarter...
RENTS for private non-landed homes were flat in June compared to May, while that for public housing flats dipped 0.3 per cent from a month ago, according to SRX Property. Flash estimates from SRX Property showed that rents in the city fringe or Rest of Central Region (RCR) increased by 0.8 per cent in June. But rents in the Core Central Region (CCR) and Outside Central Region (OCR) slipped 0.4 and...
THE property cooling measures are unlikely to be unwound this year, with interest rates expected to stay low for a longer time amid greater uncertainties after the "Brexit" vote. It would seem then, that a relaxation of the policy could come only in 2017 at the earliest, said speakers at a property market seminar organised by the Real Estate Developers' Association of Singapore (Redas) on...
RESALE prices of non-landed private homes in Singapore rose 0.5 per cent in June 2016 over the previous month, based on SRX Property's flash estimates for last month released on Tuesday. This marks the fourth consecutive month-on-month price increase. Last month's price rise applies across the board to all three geographical regions. The prices went up 0.9 per cent in Core Central Region (CCR), 0.3 per...
RESALE prices of non-landed private homes in Singapore rose 0.5 per cent in June 2016 over the previous month, based on SRX Property's flash estimates for last month released on Tuesday. This marks the fourth consecutive month-on-month price increase. SRX Property's latest data also reflects a revised month-on-month gain of 0.7 per cent for May 2016 compared with the 0.4 per cent increase that SRX...