Press
2020 New Home Sales Could Top 2019’s
Despite economic headwinds and the Hungry Ghost Festival, developers in Singapore sold 1,256 private homes in August, 16 per cent higher than July's take-up. This is the fourth consecutive month of increase in monthly sales since the circuit breaker in April this...
Residential Price Index Increased 1.2% Month-on-Month in July
The National University of Singapore (NUS) released today the Singapore Residential Price Index (SRPI) for June and July 2020. SRPI, which measures the price movement of private residential non-landed resale properties, increased 1.2% month-on-month in July, the...
July New Home Sales Up 8.2%
Developers' private home sales for August are likely to match the level of July thanks to the launch of Forett At Bukit Timah earlier this month, as well as ongoing sales in existing projects on the market. "We see primary-market sales being driven by a continuation...
Six-month Reprieve to Developers ‘quite generous’: Lawrence Wong
A six-month extension in May for the completion of residential, commercial and industrial projects and for developers to sell off housing units was "quite generous", said Education Minister Lawrence Wong. It had taken into account the fact that the construction sector...
Singapore Q2 Private Home Prices Surprise With 0.3% Uptick
Private home prices in Singapore edged up 0.3 per cent in a surprising turnaround from an initial flash estimate in early July which had the private residential property index declining by 1.1 per cent. However, this may be a one-off as most analysts expect economic...
Singapore New Home Sales Hit 7-Year High for Month of June
New home sales posted a surprise rebound, with developers selling 998 non-landed private homes in June, up 105 per cent from 487 private homes in May, as showflats were allowed to reopen on June 19 after a two-month partial lockdown ended. Read also: New Private Home...
‘Mild Drop of 1.1% in URA’s Q2 2020 Private Home Price Index
The Urban Redevelopment Authority's benchmark overall private home price index fell for the second consecutive quarter. It eased 1.1 per cent quarter-on-quarter (q-o-q) in Q2 2020 based on the flash estimate issued on Wednesday, after slipping 1.0 per cent in Q1 2020....
May New Home Sales Rebound As Local Buyers Drawn to Lower Quantums
More locals braved the circuit breaker last month to buy their dream homes though most were prudent in their decision. Some consultants believe there will be recovery in the later half of 2020 with pent-up demand for new homes. Developers in Singapore sold 486 new...
New Private Home Sales Rebound in May Despite Showflats Shut
New private home sales rebound in May despite virus curbs. 75% rise comes even as show-flats were shut, in-person viewing of property was prohibited. New private home sales rebounded last month from April, even as Singapore was in the second month of its Covid-19...
CapitaLand to Launch Ecommerce Platform and Online Food Ordering Platform by June 1
CapitaLand will be releasing its ecommerce platform eCapitaMall, and an online food ordering platform Capita3Eats. The platforms will be accessible via the CapitaStar app and CapitaLand’s mall websites on June 1. eCapitaMall lets shoppers browse and shop for their...
CDL Submits $583.9 mil Top Bid for River Valley GLS Site
The URA closed two government land tenders on Thursday – for a residential site at Irwell Bank Road, off River Valley Road, as well as a residential site at Jalan Bunga Rampai in the Bartley area. The URA will announce its decision on the award of the tenders at a...
CDL Sells More Singapore Properties in Q1 but at Lower Sales Value
Property developer City Developments Limited (CDL) and its joint-venture associates sold 185 units with total sales value of $278.1 million for its first quarter ended March 31, versus 173 units with sales value of $516.3 million a year ago, CDL said in a business...
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