Sep 3
On 13 Aug 2011, CDL Executive Chairman Quek Leng Beng said, “Over the next six months, developers may adjust downwards launch prices of private housing projects that are not located near MRT stations by about 5 per cent if they wish to move units, amid greater buyer caution.
However, developers of projects that are well located, close to MRT stations, should be able to hold prices or even marginally increase them by 1-3 per cent.”
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Jul 9
Published on the Ministry of Law’s website.
Jul 9
Published on the Ministry of Law’s website.
Jun 16
Published 15 June 2011
OrangeTee Research & Consultancy
Primary home sales – May sales update of uncompleted private properties
Sales volume climbed to 1,575 units in May
Developers sold a total of 1,575 private residential units in May according to the latest URA data. This is a 12% m-o-m decrease in volume compared with the 1,788 units sold in April. The fall in sales volume was due to lesser major launches in the month as compared to the previous month. Projects in the Outside of Central Region continues to dominate sales in the month at 60%. Islandwide median prices fell 0.7% m-o-m, compared to a previous increase of 2.2% m-o-m. Median prices in the Outside of Central Region saw the greatest increase of 5.0% m-o-m. Read more
Published 16 May 2011
Savills Research | Singapore
Market overview
Having undergone several phases of expansion, Singapore’s economy progressed to a more advanced stage of recovery in Q1. The growth was driven mainly by the manufacturing, services-producing and electronics and precision engineering sectors.
Based on advance estimates, Singapore’s growth paced ahead by 8.5% year-on-year in the first quarter. The expansion was unexpected following a year in which the country experienced one of the highest growth rates (14.5%) in the world. On a seasonally adjusted quarter-on-quarter annualised basis, overall GDP grew by 23.5% in Q1. Read more
Singapore's Property Scene 