Topic of Interest: #PropertyData (1,115 Articles Found)

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HDB resale prices rise for 9th straight month in March with cash over valuation back in play

Delays in BTO flats, rising private property prices and improving market sentiment drove demand in HDB resale market, sending prices climbing for the ninth straight month. Resale prices rose 0.8 per cent in Mar from the previous month,…

Chinese New Year boosts retail sales by 5.2% in February

Retail sales grew by 5.2% y-o-y in Feb, compared to the 6.1% y-o-y decline recorded in Jan according to the latest government statistics. The growth was attributed mainly to CNY Celebrations. The total retail sales value was estimated…

Singapore private home prices up 2.9% in Q1 2021

Private home prices in Singapore have continued to move on an upward trend, rising 2.9% in Q1 2021, showed flash estimates from URA on Thurs. URA revealed that landed property prices increased 5.6% in Q1 2021, reversing the…

HDB resale prices up 2.8% in Q1

Resale prices of HDB flats rose 2.8% in the first quarter of 2021 – or its fourth consecutive quarterly increase, showed the Q1 2021 HDB flash estimates on Thurs. HDB resale prices increased 3.1% in Q4 2020, 1.5%…

Prices at non-central regions grow by 1.8% y-o-y: SRPI

The overall SRPI expanded for four straight months, growing at a steady pace, according to the SRPI for Jan and the flash estimate for Feb, which were released by NUS. The non-central regions enjoyed the strongest rate of…

Singapore’s new private home sales fall 60.5% in February amid fewer launches

Sales of new private homes fell by about 60.5 per cent in Feb following Jan’s strong numbers, as developers held back on launches over CNY period. Developers sold 645 units last month compared to 1,632 units in Jan,…

Condo, HDB rents rise again on lower volumes in February: SRX

Rents continued to rise last month for both private apartments and HDB flats, while the number of leasings for both fell with the double-whammy of CNY lull and Covid-19 restrictions. Rents of private apartments in Feb climbed 1…

Condo resale prices in Singapore rise for seventh straight month; up 1% in Feb: SRX

Resale condominium prices were up 1 per cent m-o-m in Feb, climbing for the seventh straight month in Singapore. Y-o-y, overall resale prices advanced 4.4 per cent, flash figures from SRX Property showed on Wed. All regions saw…

A record 23 HDB resale flats sold for over S$1 million in February: SRX data

The number of HDB flats changing hands for above S$1 million in a single month hit a new record of 23 in Feb, according to flash data from SRX released on Thurs. Together with the 13 HDB resale…

Singapore office rental slips by 9.5% in 2020

Singapore office rental is down by 9.5% YoY in Q4 2020 in Knight Frank Research’s APAC Prime Office Rents index. The future remains bleak as the property research firm predicts office rent to still be down in the…

New private home sales rise 32% in January

Sales of private residential units increased by about 32 per cent last month, driven by a rush of buyers ahead of possible property curbs, said analysts. According to statistics released by URA on Mon, a total of 1,609…

More condo and HDB units leased in January as rents rise: SRX

The climb out of the pandemic-induced rut appears to be on track with rental volume for both HoHDB flats and condominium units recording another month of increases in Jan this year. Condo rentals rose 11.3 per cent last…

Singapore condo resale prices rise for sixth straight month; up 1.2% in January: SRX

Resale prices of non-landed private homes in Singapore rose for the sixth straight month in Jan 2021, SRX Property said on Tues. Overall prices were up 1.2 per cent from Dec 2020, and 2.2 per cent higher compared…

13 HDB resale flats sold for at least $1m each last month

HDB resale market started the year on a strong footing as prices rose for the seventh consecutive month last month, propped up by the continuing strong demand for public housing. According to flash data from SRX released yesterday,…

Prices, rents for Singapore industrial space up in Q4

Prices and rents for industrial spaces increased 1% and 0.1% q-o-q respectively during the fourth quarter of 2020, showed JTC data on Thurs. For the whole of 2020, prices and rents still fell 2.7% and 1.5% respectively. The…

Singapore auction market posted higher success rates in 2020

Singapore saw total auction listings, including repeat listings, for 2020 fell to 495 from 1,387 in 2019 as physical auctions were barred for most of the second quarter and third quarter of 2020 due to circuit breaker measures…

Retail rents fall at faster clip of 5.2% in Q4 but vacancy eases to 8.8%

Rentals of retail space in Singapore’s central region decreased by 5.2 per cent in the fourth quarter of last year over the previous three months. This is a bigger pace of decline compared with the 4.5 per cent…

Singapore office rents fall at slower clip of 3.5% q-o-q in Q4, vacancies ease

Rentals of office space in the central region of Singapore fell 3.5 per cent in the fourth quarter of 2020 over the previous three months, a smaller rate of decline compared with the 4.5 per cent drop in…

Private home prices up in Q4 2020, while new homes sales fell

Singapore saw private home prices increase for a third consecutive quarter by 2.1% q-o-q during the fourth quarter of 2020 – the steepest quarterly increase in over two years. For the whole of 2020, private home prices rose…

HDB resale prices up 3.1% in Q4 2020, 5% in 2020

Despite the difficult economic conditions, the HDB resale market remained in good shape, with prices rising for the third consecutive quarter by 3.1% in the fourth quarter of 2020. It is also the highest quarterly hike since Q3…

RSI falls to 98 in November 2020: Knight Frank

The retail sales index (RSI), excluding motor vehicles, dipped by 2.4% y-o-y to 98 in Nov 2020, with retail sales performance having improved in the period due to large-scale sales events 11.11 and Black Friday on digital platforms,…

Office rents set to fall by 5% in 2021

Singapore office rents may decline by around 5% in 2021 before bottoming out and recovering next year, barring new strains of COVID-19 and consequent lockdowns, according to Knight Frank. This is amidst an expected 5.3 million sqft of…

Decentralised, high-quality business parks to be in demand

C&W expects decentralised and high-quality business park space to be in demand as companies explore new ways of working. It noted that the “rationale for a central office location due talent retention” may weaken amidst the increasing adoption…

Despite recession, Singapore’s property market surprises again with stellar new private home sales in December

The country may be going through its worst-ever recession, but Singapore’s property market, which has repeatedly surprised observers with its continued growth in prices and sales transactions, has recorded another batch of upbeat data. According to figures released…

Singapore residential investment volume doubles in Q4 2020

Singapore saw total property investment volume for the fourth quarter of 2020 hit $3.33 billion, while the full-year investment tally stood at $23.7 billion, revealed a C&W report. Residential investment volume doubled from $0.82 billion in Q3 2020…

Multiple-user factory rent marginally contracts in Q4 2020

Singapore saw the median rent of multiple-user factory spaces decline marginally by 3.1% q-o-q to $1.73 psf pm in the fourth quarter of 2020, revealed a Knight Frank report. On an annual basis, multiple-user factory rent slipped 0.9%.…

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,…

10,712 condo resale transactions in Singapore for 2020: SRX

With the breathless pursuit of property in Singapore despite Covid-19, 2020 ended on a robust showing in the condo resale market. Resale transactions for non-landed private homes rose 18.1 per cent in 2020 from a year ago, flash…

Singapore private home prices increase by 2.1% in fourth quarter

Private property prices in Singapore rose 2.1 per cent in the fourth quarter of 2020 from the previous quarter, according to flash estimates by URA on Mon. This compares with a 0.8 per cent increase in the previous…

HDB resale prices climb 4.8% in 2020

Resale prices in the public housing market climbed 4.8 per cent in 2020, an increase from the 0.1 per cent rise in 2019, according to flash estimates released by HDB on Mon. Prices in the fourth quarter of…

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