Singapore home prices

Singapore home prices expected to show moderate 2% growth in 2019: Fitch
SINGAPORE (Jan 16): Singapore home prices are expected to show moderate growth of 2% in 2019 and 3% in 2020, according to Fitch Ratings in its 2019 Global Housing and Mortgage Outlook report. Last July, Singapore raised the additional buyer’s stamp duty on purchases other than first homes for Singapore residents by an additional 5-10ppt and tightened various LTV limits each by 5ppt, ...
Singapore home sales surge as developers market more projects
(Dec 18): Private home sales in Singapore more than doubled in November from October as developers marketed more projects. Home builders in the city-state sold 1,198 units last month versus 487 apartments in October, the Urban Redevelopment Authority said Monday. Key insights Home sales rose to the highest since July. One of the main reasons for the advance is as simple as home ...
Surge in Singapore's home prices even bigger than first reported
SINGAPORE (Apr 27): Singapore’s home prices surged even more in the first quarter than a preliminary report from the government showed. Private residential prices jumped 3.9% from the previous quarter, according to final data from the Urban Redevelopment Authority. That’s up from a 3.1% preliminary estimate earlier this month. The biggest increase in home values since 2010 has added to ...
Singapore home prices rise for quarter adding to rebound signs
SINGAPORE (Jan 2): Singapore home prices rose for a second straight quarter, reinforcing signs the city-state’s property market is emerging from a four-year slump. An index tracking private residential prices rose 0.7% in the three months ended Dec. 31, building on a 0.7% gain the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Tuesday. For ...
Housing the millennials
SINGAPORE (Dec 4): Understanding the Gen Y mindset is crucial to riding the next wave of property sales. From selfie-taking to social media-(over)sharing, millennials may be famous for many traits, but not for one characteristic: compared to the Generation Xers that precede them, their love for snapping photos may be real, but their propensity for snapping up new homes trails behind. A ...
Singapore's home prices rise for first time in 4 years
(Oct 2): Singapore’s home prices rose for the first time in four years, snapping a record run of declines and confirming recent signs that the property market is rebounding. An index tracking private residential prices gained 0.5% in the three months ended Sept. 30 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Monday. A jump ...
Singapore property analysts turn bullish, predict 10% price gain
(Sept 19): After years of declining home prices in Singapore, analysts are expecting a turnaround as early as this year even as most of the government’s property cooling measures remain in place. Singapore property prices will rise between 5% and 10% next year after bottoming out in 2017, analyst Vikrant Pandey at UOB Kay Hian Pte said. Morgan Stanley earlier this month said home prices will ...
Is Singapore's property slump finally ending?: QuickTake Q&A
(July 28): Singapore home prices have ground steadily lower since reaching a record in 2013, when the government imposed the last of a slew of measures to cool a red-hot market. Authorities in the Southeast Asian island-state loosened some of those restrictions in March, raising speculation that the end was nigh for the cooling measures -- and those falling prices. Transaction volumes have ...
Singapore home prices fall, extending decline to 14th quarter
SINGAPORE(April 3): Singapore home prices fell in the first three months of the year, extending the drop in property values to a record 14th quarter. An index tracking private residential prices fell 0.5% in the three months ended March 31 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Monday. The three-and-a-half-year decline is the ...
Singapore home prices fall for third year amid government curbs
SINGAPORE (Jan 3): Singapore home prices fell 3% in 2016, the third straight year of declines as the government held steadfast on property cooling measures. An index tracking private residential prices fell 0.4% in the three months ended Dec 31 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Tuesday. Prices fell for a 13th straight ...