Monthly Archives: July 2014

  • Private home prices in Singapore continue to fall in Q2: URA

    urban redevelopment authority's official private home price index fell one per cent in the second quarter of this year compared with the first quarter. this is a smaller drop than the 1.3 per cent decline in the previous quarter. it is also the third straight quarter of price decline. giving a geographical split of non-landed private home prices, ura said... Continue reading
  • Resale prices of public housing in Singapore fall in Q2: HDB

    resale prices of public housing in singapore fell 1.4 per cent in the second quarter compared to the preceding quarter, final resale price index released by the hdb showed on friday. the index went from 198.5 in the first quarter to 195.7 in the second quarter. the final figures for the full quarter was slightly higher than its flash estimate of a 1.3 per... Continue reading
  • Too early to ease property cooling measures: MAS

    [singapore] the monetary authority of singapore said it is too early to ease property cooling measures as prices remain high. risk factors have not changed, mas managing director ravi menon said at the mas annual report 2013/2014 press conference yesterday. property prices remain at elevated levels although they have started to soften, he said. prices wen... Continue reading
  • What happen in JUNE? Up or down? Property market still going down?

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  • Cooler demand could hit EC launches

    by melissa tan the stricter buying rules that have hit executive condominium sales could also end up hurting upcoming launches, property consultants say. there were 779 launched but unsold exec condo units as at may 31 - the highest level for three years. national development minister khaw boon wan told parliament earlier this week that about 6,800 exec condo units are expected to be launched over the next 18 months. exec condos, a hybrid of p... Continue reading
  • 12,700 more flats to be launched in next six months

    singapore: another 12,700 flats will be launched in the next six months, according to a parliamentary written response by national development minister khaw boon wan on tuesday (july 8). of the 22,400 build-to-order (bto) flats targeted for this year, 9,700 flats have been launched. the housing and development board will conduct a second sale of balance f... Continue reading
  • Govt has been flexible on CPF use for housing

    by janice heng only one in 10 people aged 55 and older is still using his central provident fund (cpf) savings to pay the monthly instalment for his home, said manpower minister tan chuan-jin. and only one in 20 may have to top up his monthly instalment with cash out of his pocket. for this small group of people, he assured the house the government has be... Continue reading
  • Private, HDB resale home prices continue to soften in Q2

    singapore: the price index for private homes fell 1.1 per cent in the second quarter, the third continuous quarter of price decrease, according to flash estimates released by the urban redevelopment authority (ura) on tuesday (july 1). prices of non-landed private residential properties in all market segments declined in the second quarter, the agency sai... Continue reading
  • Home prices seen dipping further for rest of 2014

    [singapore] amid the current supply-demand imbalance, the gradual decline in private home prices is set to continue for the rest of the year after three quarters of decreases, say property consultants. including the 1.1 per cent quarter-on-quarter drop in the second quarter based on urban redevelopment authority's (ura) latest flash estimate, the offici... Continue reading
  • A property alliance to take on the big boys

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  • Property prices continue to fall in second quarter

    singapore - property prices have continued its decline in the second quarter of this year going by official estimates. resale flat prices dipped for the fourth consecutive quarter according to flash figures released by the housing board on tuesday. the resale price index fell 1.3 per cent in the second quarter of this year, slightly less than the 1.6 per ... Continue reading
  • Right time to review cooling measures: Kwek Leng Beng

    veteran property developer kwek leng beng fears singapore could lose its edge as an investment destination unless the government reviews its property cooling measures. mr kwek, executive chairman of hong leong group singapore and city developments, said foreigners were choosing to plough their investment dollars into countries like britain, australia and ... Continue reading
  • Resale prices of private homes rebound in May

    resale prices of private homes staged a surprise rebound in may over april, reversing a nine- month decline, but experts say to keep the bubbly on hold. they warn that investors remain wary, and the unexpected price bounce does not signal a sustained recovery. overall resale prices climbed 0.8 per cent from april to may, according to singapore residential... Continue reading
  • Sentosa condos feel the blues

    about two in five sentosa condominium units have resold at a loss in the past year, symptomatic of the plight of luxury homes here, as financing restrictions put off buyers, industry watchers say. since may last year, 31 units have changed hands at six sentosa projects: marina collection, seascape, the azure, the berth, the coast and the oceanfront, according to data compiled by stproperty.sg from ura realis. the profitability findings is in l... Continue reading
  • S'pore-JB rail to up Woodlands' appeal

    the future construction of a rail terminal in woodlands has put the estate on track for brighter property prospects. a station for the rapid transit system (rts), which will link singapore to jb sentral in johor baru, will be be built near republic polytechnic in woodlands. the rts is targeted to be completed by 2018 and to begin operations by 2019. the r... Continue reading

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