New private home sales dipped month-on-month (m-o-m) in June owing to a dearth of mega launches (more than 500 units), but sales are expected to rebound this month in view of a slew of major launches.
A recent report published by the World Economic Forum confirms a fact that every Singaporean is already aware of — that their country’s real estate prices are among the highest in the world. Here’s a snapshot of the World Economic […]
随着在6月假期前推出更多的项目，新私人住宅销售的反弹强劲。根据市建局对发展商的销售调查，5月份新屋销售月环比增长29.5％，达到952套。与去年同期相比，销售额下降了15.2％。上个月则没有售出任何执行共管公寓（EC）。
New private home sales rebounded strongly as more projects were launched prior to the June holidays. According to developers’ sales survey by the Urban Redevelopment Authority, new home sales rose 29.5 per cent month-on-month (m-o-m) to 952 units in May. On a year-on-year basis, sales dipped 15.2 per cent. No executive condominiums (EC) were sold last month.
根据市区重建局(市建局)的销售调查，4月份推出的新单位数量环比下降75.5％至444个单位。上个月只推出了三个中小型项目--Mayfair Modern（171个单位），Coastline Residences（144个单位）和Wilshire Residences（85个单位）。
Singapore’s property market has gone through a fair bit of fluctuation over the last six months. The fourth quarter of 2018 saw the country’s private residential price index fall by 0.1%. This was followed by another decrease of 0.7% in […]
According to developers’ sales survey by the Urban Redevelopment Authority, the number of units launched fell sharply by 75.5 per cent month-on-month (m-o-m) to 444 units in April. There were only three mid to small-sized projects launched last month - Mayfair Modern (171 units), Coastline Residences (144 units) and Wilshire Residences (85 units).
“By raising the age to 95, the pool of buyers who can utilize pension funds to buy older flats will increase,” said Christine Sun, the head of research at OrangeTee & Tie Pte. “The increased demand may stabilize the price gap between older and newer flats.”
Singaporeans’ deep-seated desire for home ownership and property investment has sustained buying interest of private homes in the primary market. Based on URA quarterly data, developers moved 1,838 new homes excluding executive condominiums (ECs) in the first quarter of this year, 16.3 per cent higher y-o-y and 0.1 per cent q-o-q.
DESPITE lingering concerns about depreciating value and some adverse impact from the latest cooling measures, older HDB flats in Singapore are still in demand, according to a study by property consultancy OrangeTee & Tie. For the first quarter this year, 628 older flats […]
