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Subscribe to this list via RSS Blog posts tagged in Outside Central Region

Rentals keep up with rise in home prices

Posted by Property Launch Invest on Wednesday, 09 October 2013 in Property News

Rentals have kept pace with the rise in private home prices, but not across the board.

"Rental yields remain at 3.7 per cent islandwide," Maybank Kim Eng said in a report that compared 2011 and 2012 rentals at projects with more than 10 rental contracts.

The minimal change in the figure indicates condominium rental rates have generally kept up with the increase in prices last year.

However, not all districts fared equally. The worst showings were in Newton and Sentosa, with yields compressing to just 2.2 per cent last year.

Resale prices of private homes hit record highs in August

Posted by Property Launch Invest on Tuesday, 08 October 2013 in Property News

Resale prices of private homes have surged to record highs in August despite a slew of property cooling measures introduced by the government, including recent curbs on housing loans.

SINGAPORE: Resale prices of private homes have surged to record highs in August.

This is despite a slew of property cooling measures introduced by the government, including recent curbs on housing loans.

Still, analysts are mixed on their outlook on where private property prices are heading.

Why a Slump in Deals Won't Hurt Singapore Home Prices

Posted by Property Launch Invest on Monday, 30 September 2013 in Property News

Roslan Rahman | AFP | Getty Images

Singapore skyline

Private property sales in the primary market fell 26 percent n October from the previous month, according to data form Singapore's Urban Redevelopment Authority, as fresh tightening measures kept home buyers cautious and developers held back on new launches.

And, double-digit declines are expected to continue into 2013. Real estate analysts forecast transaction volumes will fall close to 30 percent next year to 16,000 units, down from 22,000 in 2012.

Redas chief sees bright future for property sector

Posted by Property Launch Invest on Friday, 27 September 2013 in Property News

The head of the property developers' body yesterday said the future shines bright with exciting possibilities, even as the property market takes its course through the cycle of business.

Speaking at the Real Estate Developers' Association of Singapore's (Redas) mid-autumn celebration, its president, Chia Boon Kuah, also said Redas planned to increase its public engagement in several areas including offering ideas to the authorities on new plans for Tanjong Pagar and Paya Lebar.