Singapore Housing Market ‘Remarkably Stable’: UBS

It is the most improved housing market in terms of affordability. Singapore’s housing market remains in the fair-valued zone after government regulations reined in the growth of property prices, according to the latest UBS Global Real Estate Bubble Index. “The brief housing boom between mid-2017 and mid-2018 is over. Prices have stagnated since and the number of transactions fell,” the report read. The Lion City scored 0.45 to rank 20th…

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UBS Global Real Estate Bubble Index 30 Sep 2019

Where does Singapore stand?  Fair Valued & Stable Again https://www.ubs.com/global/en/wealth-management/chief-investment-office/life-goals/real-estate/2019/global-real-estate-bubble-index-2019.html

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Rules on CPF usage and HDB housing loans updated to ensure homes for life

Under the changes, CPF funds and HDB loans will not be granted to fund the purchase of flats with 20 years or less left on the lease.ST PHOTO: KUA CHEE SIONG PUBLISHED MAY 9, 2019, 5:00 PM SGT SINGAPORE - Home buyers can draw more from their Central Provident Fund to buy ageing flats from Friday (May 10), provided the property's remaining lease covers the youngest buyer till the age of 95.…

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Market Trend for Private Residential – Dec 2018

Non Landed Residential Property - Apartments & Condominium Non Landed Private Residential Property in Dec 2018 showed a decrease in volume vis a vis Nov by 48.4% (738 units in Dec vs 1430 units in Nov), a level last seen two years ago in Jan 2017, mostly due to a lower sales from the New Launches where volume dropped from 797 units to 280 units. On a quarterly basis, volume…

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Private Home Prices dropped by 0.1% in 4Q2018

4th Quarter 2018 Home Price Index Private home prices in Singapore dropped by 0.1 percent quarter-on-quarter in the December quarter of 2018, in line with the preliminary figure and after a 0.5 percent rise in the previous period, final data showed. It marked the first quarterly decline in private home prices since the second quarter of 2017, amid efforts from government to impose additional property curbs. Prices of landed property…

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Market Trend for Private Residential – Sep 2018

Non Landed Private Residential Property - Apartments & Condomium Non Landed Private Residential Property in Sep 2018 showed an increase in sales volume vis a vis Aug by 19.9% (1359 units in Sep vs 1133 units in Aug). Main contributor was from the new sale transactions where volume increased from 494 units in Aug to 807 units in Sep, Resale transactions however, showed a decrease  from 618 units  in Aug…

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