Singapore home sales

Singapore home sales inch higher in sign of residential recovery
SINGAPORE (Mar 15): Private-home sales in Singapore rose in February, one signal the market may be recovering from cooling measures implemented last year. Developers sold 455 units, a 4.4 percent increase on January’s 436, the Urban Redevelopment Authority said in a statement Friday. In July, the government imposed higher stamp duties and tougher loan-to-value rules to choke off a sudden ...
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 ...
Singapore home sales jump to 4-month high amid signs of recovery
SINGAPORE (Apr 16): Singapore home sales jumped to the highest in four months in March amid signs the property market is recovering. Developers sold 716 units, the Urban Redevelopment Authority said Monday. That’s more than a revised 384 units in February and the highest since November. Still, sales are running at a slower pace than early last year. The city-state’s housing market is ...
Will higher land sales translate to higher home prices?
SINGAPORE (Nov 8): Lawrence Wong, Minister of National Development said on Monday that a surge in en bloc sales and higher prices achieved from land sales does not necessarily lead to higher selling home prices. Instead, this will depend on the supply and demand factors when the projects hit the market. Wong also says that an additional Buyer Stamp Duty (ABSD) will be payable if developers ...
Look who's back buying Singapore homes
(Aug 29): After years of declines, Singapore’s home sales are on a roll, even as purchases by foreign buyers have remained muted. Stringent stamp duties levied by the government have had the intended effect of damping speculative foreign demand, with foreign buyers accounting for just 6% of purchases in the first half, data from Cushman & Wakefield show. That compares with 9% as recently ...
Singapore home sales fall 21% in June as fewer projects launched
SINGAPORE (July 17): Singapore home sales fell 21% in June from the previous month as fewer new projects were launched in the city-state. Developers sold 820 units last month, compared with a revised 1,039 in May, according to Urban Redevelopment Authority data released on Monday. A total of 159 units were offered, down from 370 in May, the data showed. Developer sales have fallen below 1,000 ...
Singapore home sales in May fall 34% as fewer projects launched
SINGAPORE (June 15): Singapore home sales fell 34% in May as fewer new projects were launched. Developers sold 1,024 units last month, compared with a revised 1,558 in April, according to Urban Redevelopment Authority data released on Thursday. A total of 339 new properties were offered, down from 1,616 in April, the data showed. Developers have still notched sales of more than 1,000 units ...
Singapore home sales surge to highest in almost four years
SINGAPORE (April 17): Singapore home sales surged to the highest monthly total for nearly four years in March, a month in which the government rolled back some property curbs following a three-year slide in prices. Developers sold 1,780 units in March, the most in a month since June 2013 and more than double the 843 sold in the same period last year, according to data released Monday by the ...
Singapore home sales fall in November as buyers defer purchases
SINGAPORE (Dec 15): Singapore home sales fell 31 percent from October as developers marketed fewer projects toward year-end, a time when buyers typically defer purchases to the new year. Developers sold 860 units in November, compared with a revised 1,253 units in October, according to data released Thursday by the Urban Redevelopment Authority. Developers launched 1,363 units last month, ...
Singapore home sales climb to highest in more than a year
(Nov 15): Singapore home sales rose to the highest in more than a year in October as developers marketed more projects on pent-up demand from homebuyers. Developers sold 1,252 units last month, compared with 509 units in September, according to data released Tuesday by the Urban Redevelopment Authority. That’s the biggest monthly sales tally since July 2015, the data showed. Developers ...