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singapore property market
URA revises Property Price Index for private homes
The Urban Redevelopment Authority (URA) has revised its Property Price Index (PPI) to better capture price trends in Singapore’s private housing market. The revised index was first adopted for the year’s first quarter flash estimates, which were also released on Wednesday (Apr 1). Using the revised methodology for the PPI, the overall private residential property … Continue reading
Prices of EC units in some non-mature estates likely to weaken: Analysts
Prices of executive condominium (EC) units in some non-mature estates are likely to weaken going ahead, according to property analysts. They said this is due to the large volume of units currently available and in the pipeline. The EC scheme was introduced in the late 1990s, and since then, as many as 40 projects have … Continue reading
Singapore private home sales up in February, but EC deals slide
Sales of private homes last month rose from the previous month as developers scaled back new launches. Excluding executive condominiums (ECs), developers sold 382 new units in February, up from the 374 units sold the previous month, data from the Urban Redevelopment Authority showed on Monday (Mar 16). Including ECs, 447 new units were sold … Continue reading
Developers face tough property market with more projects being rolled out: Experts
Competition is likely to get more intense in the private residential property market, with developers rolling out new projects. Based on new home sales data for January 2015 from the Urban Redevelopment Authority, there are 20 large developments with a total unsold stock of more than 200 units each – excluding executive condominiums. They include … Continue reading
Rentals for HDB, private homes slid in February: SRX Property
Rental prices for Housing and Development Board (HDB) flats fell 0.3 per cent in February from the previous month, while rents for private homes also continued to fall, according to SRX Property. Three-room and four-room flats saw rental prices decline by 0.8 and 0.6 per cent, respectively, while five-room and executive flats, in contrast, saw … Continue reading
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