Five New Property Launches to Bookmark

The current property market is abuzz with exciting launches to come in the following years. Here, we introduce 5 new property currently being developed. D’shire D’shire is a condominium currently being developed by Fantasia (Novena) Pte Ltd with a freehold tenure. It is to comprise of 168 units and is expected to be completed in
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Singapore cooling: Property measures spell danger

By Romesh Navaratnarajah: Singapore’s sweeping package of property cooling measures to curb rising home prices not only applies to foreigners buying properties in the city-state, but has gone one step further to include permanent residents (PRs) and citizens. Introduced last Friday, this is the government’s seventh round of measures since 2009 and includes a stamp
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2Q 2012 Property Affordability Sentiment Survey

Every quarter, PropertyGuru together with our Research Partner, Blackbox Research conducts a local survey to determine the property sentiments of those looking to buy, sell, rent or invest in property. The results are then published each quarter to the media, to agencies and developers as critical feedback from the market. Here’s the 2Q 2012 sentiment
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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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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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Vacant homes on the ‘up and up’

Singapore’s private property market has witnessed stellar growth in recent years, yet that outstanding performance has also seen a rise in the number of empty homes in the city state. At the end of last year, there were 15,890 unsold homes in Singapore – a substantial increase on the 12,740 at the start of the
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CCR home prices fall very harshly

Prices of private condos and apartments in the Core Central Region (CCR) have dropped by up to 10.2 percent from Q4 2011, as buyers became more cautious over the property cooling measures, particularly the additional buyer’s stamp duty (ABSD) introduced in early December last year. According to data by the Singapore Real Estate Exchange (SRX),
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Home prices to slide this year: PropNex

Prices of private homes may stabilise this year, as more opportunity has been given to the ‘sandwich’ class to own private property, according to PropNex Realty. With increased supply anticipated, PropNex CEO Mohamed Ismail expects prices to soften further, “resulting in an overall price correction of approximately five percent dip in the private property price
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Q4 home price growth slows further

The rate of increase in property prices has continued to moderate, with private home prices rising just 0.2 percent in Q4, lower than the 1.3 percent increase seen in the previous quarter, according to latest figures released by the Urban Redevelopment Authority (URA). “This moderation in private property prices can be attributed to the multiple
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ABSD affects home sales in December

By  Tejaswi Chunduri, Real Estate Analyst The total number of units transacted in December witnessed a drastic fall of 64 percent m/m and 61 percent y/y. Private home sales fell to 670 in December from 1,854 in November. Excluding executive condominiums (ECs), the volume of sales reached 1,701, 63 percent down from November. The huge drop in sales can
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