Prices of private resale homes rose just 0.1% in August from July -- this is according to the latest Singapore Residential Price Index (SRPI), which tracks prices of completed private apartments and condominiums.
The SRPI data is published by the Institute of Real Estate Studies at National University of Singapore (NUS).
Resale prices of private homes in the central area saw the biggest decline, down 1.1% last month.
However, prices of units in the non-central region went up by 1.0%. The index covering small units of 506sqft and below also increased 1.0%.
Source: Channel News Asia
8 comments:
This means resale prices of city centre homes are expected to continue to dip gradually.
September sales drop 50% than August. 904 Vs 438...Howizzit...UP or DOWN?
nowaday not much news and talks. Seems everyone in the silde line.
Flash news 2nd Sep: Private property prices to decline by 5% in 2014 and 5 - 15% in 2015....By Barclays link below
http://sbr.com.sg/residential-property/in-focus/private-property-prices-correct-least-5#
Flash news 2nd Sep: Private property prices to decline by 5% in 2014 and 5 - 15% in 2015....By Barclays link below
http://sbr.com.sg/residential-property/in-focus/private-property-prices-correct-least-5#
Home prices could dip 20% by end 2015...
Strait times Report see link below:
http://www.straitstimes.com/breaking-news/singapore/story/home-prices-could-dip-20-end-2015-20131003
Resale prices of private homes slipped 1.6 per cent in September from August as recent loan curbs took its toll on the market.
link: channel news asia
http://www.channelnewsasia.com/news/singapore/resale-prices-of-private/842850.html
Private home resale prices and rents drop
RESALE prices and rents for non-landed private homes softened last month, as sellers and landlords lowered their prices in the face of a slowdown in demand.
http://www.stproperty.sg/articles-property/singapore-property-news/private-home-resale-prices-and-rents-drop/a/139299
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