After a brief recovery in August, resale prices of non-landed private residential units dipped marginally by 0.3 per cent last month from the previous month because of healthy supply and the continuing impact of property cooling measures. Resale transaction volume saw an upswing following the end of the Hungry Ghost Festival, but rental volumes continued to decline, a flash report released yesterday by...
singapore property
Buyers returned to the private housing market in September, with sales of homes surging 48.3 per cent from the previous month. Excluding executive condominiums (ECs), developers sold 648 new units last month, up from the 437 units sold in August, data from the Urban Redevelopment Authority showed on Wednesday (Oct 15). Including Executive Condominiums (ECs), 707 new units were sold in September. The...
As the old adage goes, there are three things that matter in real estate: Location, location and location. This saying is spot on, as any real estate agent, developer, property investor or urban planner will tell you. Location, not the physical home, is the most important factor in determining the value of a home. A dilapidated home in a desirable neighbourhood is worth more than a pristine one of...
Prices of private residential properties in the third quarter of 2014 fell by 0.6 per cent from the previous quarter - the fourth consecutive quarter of decline, the Urban Redevelopment Authority (URA) said on Wednesday (Oct 1). The price decline was observed across all segments of the non-landed private residential property market, URA said. Prices of landed properties declined by 1.7 per cent,...
Prices of residential properties may have fallen over the past few months, but they are still too expensive and buyers are increasingly waiting on the sidelines for prices to drop further, a survey has showed. Nearly a quarter, or 22 per cent, of respondents do not plan to purchase property at the moment, up from 10 per cent six months ago, showed a half-yearly Asia Property Market Sentiment Report by...
Resale prices of private homes ended mostly unchanged in August according to Singapore Residential Price Index (SRPI) flash estimates, which were released on Monday (Sep 29). The SRPI, compiled by the National University of Singapore's Institute of Real Estate Studies, showed overall prices had no change in August from the previous month. In July, prices went up 0.1 per cent from a month...
The local property auction market rebounded in the third quarter of 2014 on stronger residential sales, according to a report by real estate consultancy Jones Lang LaSalle (JLL), released on Thursday (Sep 25). It said nine properties were successfully auctioned in the July-September period. While this is similar to the previous quarter, the sales value was significantly higher. JLL said in the report...
Located at the junction where Upper Serangoon Road meets Macpherson Road, The Venue Residences and Shoppes is conveniently close-by major roads as well as key expressways: PIE, CTE and KPE. Just a three-minute walk away, Potong Pasir MRT Station on the North East Line is a gateway to seamless connectivity. Enjoy panoramic views of the city as well as the surrounding landed estate with a thoroughly modern...
Investors should sell their residential investments in Singapore. The property market, which has been gradually declining, does not need any new action to tip it over. Just the sheer number of new homes being supplied both in Singapore and Iskandar will drive prices lower. New private home sales in Singapore have plunged in the past three months to about 40 per cent of the monthly average of the past...
The Republic’s private housing market was once again stagnant in August with new home sales falling to the lowest level seen this year, partly owing to developers who held back offering during the inauspicious Hungry Ghost Festival. A total of 432 new private homes were sold last month, compared with the 509 units transacted in July and the weakest sales volume since December last year when only 259...