private home sales

New home sales up 9% MoM in October

This happened despite the lack of major project launches.

New home sales up 9% MoM in October

This happened despite the lack of major project launches.

Private property prices up 3.88% to an all-time high of $1,791 psf

Changi Village recorded the highest price growth for the quarter at 10.40%.   Prices of private properties grew by 3.88% in the fourth quarter, driving the median asking price to an all-time high of $1,791 psf, PropertyGuru reported in its Q4 2021 Property Market Index.   Based on the report, the highest growth in asking price was recorded in Changi Airport, Changi Village (District 17) at 10.40%  to $1,178.10 psf.   Behind Changi Village were Sembawang, Yishun in District 27 (10.23%  to $1,252.61  psf); East Coast, Marine Parade in District 15 (8.56% to $2,187.28 psf); Hougang, Punggol, Sengkang in District 19 (5.52% to $1,504.27 psf); and Pasir Ris, Tampines in District 18 (4.95%  to $1,294.78 psf).   From the top-performing districts in terms of asking price growth, three also had entries in the top 10 best selling condos for the fourth quarter namely Pasir Ris 8 in District 18; OLA, The Florence Residences and Sengkang Grand Residences in District 19; and The Watergardens at Canberra in District 27.   On the other hand, City Hall, Clarke Quay (District 6) had the slowest growth in its median asking price for the quarter, declining 12.30% to $3,000.00 psf. This price, however, according to PropertyGuru is still considered “very healthy.”   Other districts which saw a decline in prices were Mandai, Upper Thomson in District 26 (4.25% to $1,064.92 psf);  Beach Road, Bugis, Rochor in District 7 (2.13% to $2,690.97 psf); Seletar, Yio Chu Kang  n Distroct 28 (2.10%   to $1,194.03 psf); and Newton, Novena  in District 11 (0.15% to $ 2,322.73 psf).

Private residential prices expected to soar up to 9% by end-2021

Prices of private residential properties rose by 1.1% in Q3, marking the sixth consecutive quarter of growth.

New home sales down 31.4% to hit 834 in September 2021

Meanwhile, a record 583 non-landed homes sold for more than $2m each in the first nine months of the year.

New home sales slip by 23.6% MoM in August

A total of 1,215 private homes were sold. 

​​​​​​​Singapore residential market on track to break last year’s figures

The 2021 private homes sales volume is poised to surpass the 20,909 sold in 2020.

141 OCR condos sold above $2m in July

The Outside Core Central Region led the new home sales market last month.

New home sales nearly double in July to 1,589 units

This is the highest sales since January 2021.

Private home sales slip 2.6% amidst tighter restrictions in June

Developers sold 872 units in June, lower than last month’s 895.

Chart of the Day: Private units sold in secondary market jump 6.5% in Q1

Due to construction delays, buyers may prefer "ready-to-move-in" properties.

Private home sales fall by 29.7% in May

Developers sold 891 new private homes in May, lower than the 1,268 sold in April.