Urban Redevelopment Authority
The Urban Redevelopment Authority (URA) is Singapore's land use planning and conservation agency. URA’s multi-faceted role includes being the main government land sales agent.
See below for the Latest URA News, Analysis, Profit Results, Share Price Information, and Commentary.
New home sales soar 130.3% MoM in January
A total of 391 units were sold during the month.
Private home price growth eases to 8.6% in 2022
In 2021, prices increased by 10.6%.
Cooling measures hit China homebuyers’ sentiment
It will take two years before China’s homebuying sentiment returns to normal.
Buyer demand for private homes down in Q4 22
New cooling measures led to the slowdown of price growth in the final quarter.
Private residential home prices up by 8.4% in 2022
However, it is a decrease from last year due to a decline in sales.
EC popularity remained strong amongst homebuyers in November
More than 100 units were sold in November.
Marina Gardens site to attract not more than 5 developers
Huttons Asia sees it will attract a top bid between $1,250 and $1,350.
URA unveils winners of Hillview Rise and Bukit Timah Link sites bids
The tenders for the sites closed on 3 November.
Bukit Timah Link, Hillview Rise sites attracted developers amidst high interest rates
An analyst said these sites have lower risks and costs involved.
Analysts explain increase of private home prices in Q3 22
Home prices grew 3.8% from 3.5% in the previous quarter.
Private residential prices rise 3.8 YoY in Q3: URA
The increase was higher than URA’s initial estimate of 3.4%.
New home sales more than double in September
This was linked to two new mass market projects – Lentor Modern and Sky Eden@Bedok.
Price increase in OCR driven by new home sales: property experts
Private home sales prices rose 3.4% in the latest flash sales.
New private home sales could moderate for the rest of the year: experts
Rising interest rates will impact buying sentiment.
Abundant land supply, high interest rates trigger lower bids for Lentor sites
Property experts warned of heightened macroeconomic challenges.
Lentor sites received only 5 bids: URA
Public tender closed four months after it was launched.
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