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Subscribe to this list via RSS Blog posts tagged in Demand and Supply Fundamentals

Home prices seen dipping further for rest of 2014

Posted by Property Launch Invest on Thursday, 03 July 2014 in Property News

Market players attribute slide in private market to competitive prices by developers, softening rentals

[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.

Demand up for private rental homes

Posted by Property Launch Invest on Friday, 06 June 2014 in Property News

Demand for private rental homes rose in the first quarter and could grow further as the economy improves, but the glut of vacant properties means rents will likely weaken or stay flat.

It noted that there were 13,077 leases signed in the three months to March 31, up 4 per cent on the same period last year.

Much of the rise was due to an 11.2 per cent increase in leases in what is called the Rest of Central Region, an area that includes Bishan, Toa Payoh, Little India, Queenstown and Geylang.

Leases signed for homes in this zone accounted for 37 per cent of all rental transactions in the first quarter of this year - its highest proportion since 2004.

Home prices could slip with oversupply expected: Kwek

Posted by Property Launch Invest on Tuesday, 01 October 2013 in Property News

Kwek Leng Beng, executive chairman of City Developments, says that unless the global and domestic economies rebound strongly and curbs on foreign buyers for private residential property sales are reviewed, the group expects some oversupply in the Singapore residential sector from next year onwards.

"The group would rather err on the side of caution in its land replenishment strategy," CDL said.

Generally, private home prices could drop like 5 per cent from now till next year assuming all the cooling measures remain intact, he said during the group's second quarter results briefing.

PROPERTY LAUNCHES & INVESTMENTS

Property Launches & Investments

Home prices seen dipping further for rest of 2014

Demand up for private rental homes

Home prices could slip with oversupply expected: Kwek