Residential Property
Chart of the Day: Take-up of shoe-box units accounts for 19% of new sales
Chart of the Day: Take-up of shoe-box units accounts for 19% of new sales
Take-up of units smaller than 50 sqm accounted for 19% of new sales in the second quarter, less than the 27% in the previous quarter.
Low-income Singaporeans to benefit from housing grants
First-time buyers with income $1,500 and below may purchase 3-room standard flats.
HDB launches seven build-to-order projects
95% of the 4,191 new flats will be set aside for first-timers in flat allocation.
Chart of the Day: Prices of private residential properties up 0.4%
This 2nd quarter increase is compared to the 0.1% decrease in the previous quarter.
Prince Charles Crescent to go for $750 to $850 psf ppr
Knight Frank also predicts a selling price of $1,500 to $1,600 for the 2.38-ha government land residential site.
Mystery developer bids $390m for Prince Charles Crescent plot
The 2.38-ha site will be for sale by public tender in about two weeks.
Prices of small homes dipped 1.4%
Sub-index for units in Central Region also sagged 0.9%.
Home vacancies to rise by 14% in 2015
Oversupply of private homes intensify as URA raised estimates of completed homes, says CIMB.
URA launches 2 property sites for tender today
One is a 0.27ha residential site at Farrer drive and the other, a 0.82 ha commercial site at Tai Tong Crescent.
Parc Centros more than 80% sold in just four days
520 out of 618 units of the only condo in Punggol offering 5-unit bedroom were snapped up as of July 25.
Top 3 reasons why Singapore property beats rival HongKong
UOB Kay Hian expects sales volume to slow down by 10-15% in 2012 but here's why Singapore property still tops ASEAN market.
HDB resale price index inches 1.3% higher
Resale transactions also rose by 19% to 7,000 cases in 2Q12.
Developer fatigue becoming more obvious
Recent mass market tenders receive only 5-6 bids.
Policy measures targeting shoebox units cannot be ruled out
Shoebox units now accounting for 27% of total sales as of 1Q12, up from just 15% in 4Q11, raised the alarm.
Seriously, Singapore houses are still cheap
Quit complaining: housing affordability is at 36% compared to more than 60% during the Asian financial crisis.
Oversupply of private homes looms in the next 3 years
Annual supply of more than 13,000 units to outpace usual demand of 10,000, says UOB Kay Hian.
Home sour home: prices of private homes up 0.4%
Even rentals increased by 0.3% in 2Q12, said URA.
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