Stories By: SRX Singapore (551 Articles Found)

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Who can afford to pay $138 million for this Marina Bay super penthouse?

A panoramic view of the iconic MBS and CBD could well be the most pricey amenity in Singapore real estate. A collection of five penthouses, put up for sale recently at Marina Bay Residences with an indicative price…

More condo and HDB units rented out in December: SRX

The rental volume for both HDB flats and condominium units went up in Dec as more overseas Singaporeans and long-term pass holders returned to Singapore. Condo leasings rose 5.3 per cent last month to an estimated 4,414 units,…

82 HDB resale flats sold for at least $1m in 2020 as overall prices, sales rise: SRX

The number of HDB resale flats sold for at least $1 million hit a new high last year amid a strong showing by the market despite the Covid-19 pandemic, according to flash data from SRX released on Thurs.…

Condo resale prices rise for 4th straight month in November: SRX

The private property resale market continued to recover not just from the Covid-19 fallout but also from the 2018 cooling measures, with prices and sales volume picking up again in Nov. Overall resale prices climbed for the fourth…

72 million-dollar HDB flats sold in first 11 months of 2020, up from 64 last year

The number of HDB resale flats sold for $1 million or more each has hit a new high, following 13 transactions done in Nov, according to data from SRX released on Thurs. The 72 million-dollar flats sold in…

Condo and HDB rents, leasing volume rise again in October: SRX data

Rents for both HDB flats and condominium units continued to rise in Oct, while rental volume grew for the second month running, according to flash data from SRX Property released on Wed. HDB rental volumes rose 13.9 per…

Sales of resale condos hit 2-year high in October as prices rise: SRX data

The resale condo market reached a two-year high in Oct with 1,509 units changing hands the same month, according to flash figures from SRX Property on Tues. It trumped the 1,311 transactions recorded in Aug, which was the…

HDB resale prices rise for 4th month in October; 13 million-dollar flats sold: SRX

While HDB resale volume dipped in Oct compared to the previous month, prices continued to rise, indicating that demand remained relatively robust amid the Covid-19 pandemic. 13 HDB resale flats were sold for more than $1 million, flash…

Unusual ups and downs in Covid-19 rental market

The Covid-19 pandemic is affecting the property market here in ways not seen in previous recessions. Despite many workers facing income and job cuts, prospective bargain hunters have been sorely disappointed, because overall property prices here have been…

HDB rental volume jumps in September as Malaysian workers return to Singapore: SRX data

The phased reopening of Singapore’s border with Malaysia boosted the property rental market last month, after rental volumes in Aug hit their lowest point in 12 months. Rents and leasings for both HDB and condominiums rose in Sept,…

Resale condos see strong sales again in September with prices stable: SRX data

The prices of resale condominiums held firm amid robust demand in Sept, with more than 1,000 units sold for three straight months. An estimated 1,286 resale condominiums changed hands last month – up 0.4 per cent from Aug…

HDB resale flat demand stays strong in September; prices rise for 3rd straight month: SRX

Prices of HDB resale flats increased for the third consecutive month in Sept, with demand remaining elevated after the nearly two-month-long circuit breaker period. HDB resale prices rose by 0.8 per cent in Sept compared with Aug, a…

Bigger is better for Singapore home buyers

Home owners are trading up, spurred to take that plunge of a bigger financial committment by the work from home trend which has led to a surge in sales of large condos. These are defined as more than…

SRX launches feature on app to help users join community groups near them

Those looking to be part of community groups near them can get to know their neighbours better using the SRX Community feature available on the property platform’s app. Users will be automatically added to the community groups with…

Recession? 2020 new home sales could top 2019’s

Despite economic headwinds and the Hungry Ghost Festival, developers in Singapore sold 1,256 private homes in Aug, 16 per cent higher than July’s take-up. This is the fourth consecutive month of increase in monthly sales since the circuit…

Skyscraper resale flat prices in Singapore hit new highs despite Covid-19 crisis

Pandemic or not, buyers are still paying top dollar for skyscraper HDB resale flats, particularly those at Pinnacle@Duxton and other prime areas. New price records were hit even as the number of million-dollar HDB resale deals fell year-on-year…

Condo, HDB rental volumes tumble again in August; rents hold: SRX

Rents for HDB flats and private apartments held steady in Aug but leasing took another big hit, with rental volumes falling to levels lower than during the circuit breaker period, going by flash data from SRX Property on…

Condo resale volume hits 2-year high in August: SRX

The number of private non-landed homes resold hit a two-year high last month while prices firmed slightly in what observers see as another sign of the Singapore’s property market’s growing recovery from the effects of the Covid-19 pandemic.…

Limited supply of 5-room BTO flats in central region in last five years

For many Singaporeans, successfully balloting for a BTO flat in a centrally located mature housing estate is akin to striking the lottery. Competition is stiff in the hotly sought-after estates of Toa Payoh, Geylang and Bishan, with the…

Demand for HDB resale flats remains strong in August: SRX

Sales of HDB resale flats remained strong in Aug while prices grew at the fastest monthly rate since Feb. There were 1.4 per cent fewer HDB resale flats sold in Aug compared with July, but this volume was…

Condo, HDB rents in July see first uptick since February but demand shows Covid-19 impact

It was a mixed picture for Singapore’s rental housing market – while rents for HDB flats and private apartments saw their first monthly increase in four months in July, leasings fell as the Covid-19 pandemic continued to impact…

HDB resale volume in July highest in two years

The number of HDB flat resale transactions continued to remain high in July with prices creeping up, according to flash data released by SRX Property on Thurs. An estimated 2,470 HDB resale flats were sold last month, a…

Competition to heat up at District 21 with upcoming launch

The launch of Forett At Bukit Timah will amp up competition in District 21, delivering more options for buyers in the area. Indicative prices for the 633-unit freehold project by Qingjian Realty (South Pacific) Group and Perennial Real…

Private housing projects facing delays of six to nine months

Private home buyers looking forward to moving into their new homes may have to wait a little longer as builders are still trying to restart their construction works. Construction activity is picking up since the economy re-opened last…

Condo and HDB rents down in June: SRX

Rents for private apartments and HDB flats continued their decline amid the Covid-19 outbreak, according to flash data released by SRX Property on Wed. In the private rental market, rents in June dipped 0.6 per cent from May.…

Condo resale volumes recovering with prices stable in June: SRX

Resale prices of non-landed private homes were stable in June, with sales volume recovering from the previous month, according to flash figures from SRX Property on Tues. An estimated 497 units were resold last month, representing a 174.6…

Beauty World site set to catalyse area’s rejuvenation

A just-released 99-year leasehold commercial and residential site near Beauty World MRT station has many strong attributes, say property consultants. However, the cloud of uncertainty amid the Covid-19-induced economic slowdown and its big-ticket investment quantum – the land…

Mass to mid-tier properties draw interest as showflats reopen after 10-week halt

Sales for new private homes got off to an encouraging start for developers as showflats reopened their doors over the weekend after a 10-week hiatus, with mass market and mid-market segments garnering the attention, real estate agencies told…

Showflat reopening a relief for developers, but new launches unlikely till July

Developers will get some reprieve this week after getting the green light to reopen sales galleries for residential projects starting Fri, although new launches aren’t expected to make their debut just yet. Launches are more likely to take…

Condo, HDB rental volumes may be bottoming out but rents could soften further

The volume of private apartments and HDB flats rented may have bottomed out in the second month of the circuit breaker period with the economy gradually reopening, but rents could continue to weaken, market observers said in response…

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