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Subscribe to this list via RSS Blog posts tagged in Private Residential Market

Too early to relax property cooling measures, says MND

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

It is still too early to roll back property cooling measures, according to the Ministry of National Development (MND) yesterday.

It said that although home sales have decreased, prices have remained relatively stable.

The moves to rein in property prices included extra stamp duties to curb speculative buying and the total debt servicing ratio framework which was introduced a year ago.

MND noted that private home prices had surged 60 per cent during the most recent market upswing that began in mid-2009.

Private home prices slipped 1.3% in 1Q 2014

Posted by Property Launch Invest on Sunday, 27 April 2014 in Property News

Price decline observed across all segments.

According to the Urban Redevelopment Authority, prices of private residential properties decreased by 1.3% in 1st Quarter 2014, following the 0.9% decline in the previous quarter.

Prices of non-landed properties in the Core Central Region (CCR) declined by 1.1%, following the 2.1% decrease in the previous quarter.

In Outside Central Region (OCR), prices declined by 0.1%, following the 1.0% decline in the previous quarter. Prices in the Rest of Central Region (RCR) declined 3.3%, after registering a marginal 0.4% increase in the previous quarter (see Annexes A-1, A-2 & A-62following a decrease of 1.0% in the previous quarter.

Rentals of private residential properties decreased by 0.7% in 1st Quarter 2014, greater than the 0.5% decline in 4th Quarter 2013. Prices of landed properties declined 0.7%,

Source: Singapore Business Review 25th April 2014

CDL growth drivers: delivery speed vital

Posted by Property Launch Invest on Thursday, 12 December 2013 in Property News

PROPERTY and hotel group City Developments Ltd (CDL) is traditionally viewed as a good proxy for the Singapore residential market. This has been positive for its shares and its reputation because of strong sales volumes and a price run-up for mass-market private homes in the past few years.

But with the government determined to prevent overheating in the housing sector - with new rules governing property loans in addition to a host of cooling measures rolled out in the past few years - and oversupply widely expected to kick in from next year, the company has been looking to alternatives. The $64,000 question is: can CDL adapt and deliver fast enough?

Bids for 3 EC sites to close on same day

Posted by Property Launch Invest on Sunday, 06 October 2013 in Property News

In a move to moderate tender bids and future property prices, the tender for three sites will close on the same day for the first time.

Included in this exercise is an executive condominium (EC) site at Punggol Central, one of the four sites released as part of the Government Land Sales Programme for the first half of 2013.

The other two EC sites whose tender closes on July 30 are in Punggol Drive and Yuan Ching Road.

PROPERTY LAUNCHES & INVESTMENTS

Property Launches & Investments

Too early to relax property cooling measures, says MND

Private home prices slipped 1.3% in 1Q 2014

CDL growth drivers: delivery speed vital

Bids for 3 EC sites to close on same day