Private home prices rise in Q3

Private home prices in Singapore continue to climb, with the Urban Redevelopment Authority’s (URA) flash estimates for the residential price index reflecting a 0.5 percent increase quarter-on-quarter in Q3 2012 to another record high of 208.0. The Core Central (CCR), Rest of Central (RCR) and Outside Central (OCR) regions recorded incremental increases of 0.2 percent,
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Private home prices poised to rise despite lacklustre sales

By Romesh Navaratnarajah: Conditions in the private property market are still ripe for moderate price growth despite slower sales in the last few months which hit an all-time low for the year in June. According to latest figures released by the Urban Redevelopment Authority (URA), 1,371 private homes were sold during the month, a 19
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Private house prices fall a little: URA

                          By Romesh Navaratnarajah: Latest data from the Urban Redevelopment Authority (URA) shows that private home prices declined marginally by 0.1 percent in Q1 2012 compared to the 0.2 percent rise seen in the last three months of 2011. This marks the first
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Who said there are no affordable private homes in Singapore?

                By Romesh Navaratnarajah: Prices of several private property projects launched recently in the Outside Central Region (OCR) have been higher than average, with many such units being sold for more than S$1,000 psf – a new record. Amidst this growing trend, more home buyers are now on
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March another good month for private home sales

      By Romesh Navaratnarajah: New private home sales in Singapore hit a high of 3,032 units in March, just three percent short of the record 3,138 homes sold in the previous month. Excluding executive condos (ECs), the sales volume reached 2,393. Data released today by the Urban Redevelopment Authority (URA) also shows that
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URA, HDB data show market stabilising

                                Flash estimates released yesterday by the Urban Redevelopment Authority (URA) may be an indication that private home prices are now stabilising. According to Chia Siew Chuin, Director of Research & Advisory at Colliers International, the marginal decline of 0.1
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Private home prices drop, HDB resale prices increase

                              Residential property prices have declined in Q1 2012, according to flash estimates of the private residential property price index released by the Urban Redevelopment Authority (URA). This is the first price decline seen since Q2 2009, following the trend of
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HDBs more unaffordable than private homes

                      Housing and Development Board (HDB) resale homes in Singapore are more unaffordable than private homes, PropertyGuru can exclusively reveal. They are also classed as being ‘severely unaffordable’. Using a globally-recognised formula where the Median Multiple (median house price divided by the annual median household
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Private home sales hit new high

                      Despite the gloomy economic outlook and recent cooling measures, private home sales in February remained strong and set a new record with transactions hitting 3,138 units including executive condominiums (ECs). Data from the Urban Redevelopment Authority (URA) revealed that excluding ECs, the figures mark
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Mass market housing to remain resilient in 2012

The mass-market segment will still be resilient in the coming months, particularly for developments in the Outside Central Region (OCR). Last year, mass market homes,  excluding executive condominiums (ECs), hit a record, selling 65 percent or 10,374 units of the total number of new private homes in the OCR, based on the Urban Redevelopment Authority’s
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