Private previews of The Shore Residences (the former Rose Garden enbloc site) by Far East Organization in December followed by an official launch on Jan 1 drew crowds to the showflat on weekends. The new 408-unit development opposite Katong Shopping Centre has seen close to 200 units sold at an average price of $1,175 psf [...]
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The luxury housing sector is expected to lead the way for the Singapore property market this year, according to real estate broker Savills. Savills is forecasting that prices in the luxury segment will rise 15 per cent in the year ahead. However, prices in the mass market and mid-end properties could see values move up by about [...] They rose 7.3% in Q4, while HDB resale prices also continued to climb Private home prices continued their ascent in Q4 last year, climbing an estimated 7.3 per cent from the previous quarter. This sent prices for 2009 up 1.7 per cent from a year ago, defying bleak prognoses of double digit falls when the financial [...] For 4 years running their prices have been most resilient, Credo study finds Landed home prices have largely continued to rise this year in the five most popular districts despite price fatigue setting in for condominiums and apartments. A caveats analysis by Credo Real Estate, covering a four-year period from when the residential property market first stirred [...] PRICES of HDB resale flats fell in the first quarter of this year – the first decline since 2006 and a sign that the two-year run of record-breaking gains has ended. Flash estimates yesterday showed that prices dropped by 0.6 per cent for the first three months, compared with the fourth quarter of last year. Prices in [...] Singapore private home prices suffered their biggest drop in more than 30 years in the first three months of 2009 as the country’s worst-ever recession hammered investor sentiment in the recently booming property market. Home prices fell 13.8 per cent in the first quarter of this year compared with the previous quarter, the Urban Redevelopment Authority [...] Interest in waterfront homes at Sentosa Cove seems to have returned in recent months, as the opening of Resorts World at Sentosa looms. Since the beginning of November, a total of six properties — three luxury condominiums and three landed homes — have changed hands in the resale market at $1,406 to $2,423 psf. In the [...] The third quarter saw a strong surge in Singapore’s private residential market, as transaction volumes rose 20 per cent over the previous quarter. Property consultancy Savills said some 11,000 units were sold between July and September, mostly in the mass market and mid-tier sectors. Projects such as The Gale at Flora Road, Hundred Trees at West Coast [...] |
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