Market Trend for Private Residential – Dec 2019

Non Landed Residential Property - Apartments & Condominium Sales Volume was generally lower on a quarterly and yearly basis.Compared to 3Q2019, 4Q2019 volume was lower by 676 units. (4551 in 4Q2019 vs 5227 in 3Q2019)In comparison to 2018, 2019 sales volume was also lower by 2769 units (17326 in 2019 vs 20095 in 2018). Average psf for new sales in 2019 was trending generally higher over the past year because…

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Private Home Prices increased by 0.5% in 4Q2019

4th Quarter 2019 Home Price Index Private home prices in Singapore was revised higher to 0.5 percent quarter-on-quarter in the fourth quarter 2019 from a preliminary estimate of 0.3 percent rise and after an 1.3 percent increase in the previous period. This marked the third straight quarter of growth in private home prices, as cost of landed property rose (3.6 percent vs 1 percent in Q3). At the same time,…

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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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Private Home Prices rose 0.5% in 3Q2018

Third Quarter 2018 Home Price Index Private home prices in Singapore rose by 0.5 percent quarter-on-quarter in the September quarter of 2018, unchanged from the preliminary figure and after a 3.4 percent gain in the previous period. It was the weakest rise in private home prices since the second quarter of 2017, amid efforts from government to impose additional property curbs. Prices of landed property went up 2.3 percent, slower…

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Market Trend for Private Residential – Jun 2018

Non Landed Private Residential Property - Apartments & Condomium Non Landed Private Residential Property in Jun 2018 showed a decrease in sales volume vis a vis May by 31.2%, across both resale (1225 units in Jun vs 1659 units in May) and new sale transactions (575 units in Jun vs 992 units in May).  On a Q-to-Q basis however, sales volume was up by  46.3%  from 4787 in Q1’2018 to…

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