Wednesday, October 16, 2013

September private home sales up 65% on-month!


Developers sold 65% more new private homes in September compared to August, according to data from the Urban Redevelopment Authority (URA).

Excluding executive condominiums, 1,246 units of new private homes were sold in September, up from 756 in August as developers returned to the market with new launches after the Hungry Ghost Festival.

There was a sharp increase in transactions in the city fringes with 815 units sold.

Demand fell in the city, nearly half compared to August, with just 49 transactions.

While the number of new condo units sold in the suburbs was a third less than in August at 382 units, analysts noted the better figures were due mainly to two property launches in the city fringes.

And developers building smaller units have helped achieve higher prices on a per square foot (psf) basis.

Ku Swee Yong, Century's chief executive officer, said: "We expected the numbers to do well because of two well received launches - Thomson Three and Sky Vue in Bishan.
"In fact, Sky Vue in Bishan has also probably set a new record price for the Bishan area, and that is at above $2,000psf."

Source: Channel News Asia

8 comments:

Anonymous said...

Private sales for the Oct'13 month Soar. Till now only 222 units were transacted.

Anonymous said...

Private sales for the Oct'13 month Soar. Till now only 222 units were transacted.

Anonymous said...

Prices of private resale homes continue to dip in September. Prices of resale private homes continued to soften in September. According to the flash estimate of the NUS Singapore Residential Price Index (SRPI), overall resale private home prices dipped 0.7 percent last month.

http://www.channelnewsasia.com/news/singapore/prices-of-private-resale/864692.html

Mr East said...

Talking about singaporean property i found this.Mybe very usefull for everyone.. ^ ^

Singaporean Renting

Anonymous said...

Prices of private resale homes continue to dip in September. Prices of resale private homes continued to soften in September. According to the flash estimate of the NUS Singapore Residential Price Index (SRPI), overall resale private home prices dipped 0.7 percent last month.

http://www.channelnewsasia.com/news/singapore/prices-of-private-resale/864692.html

Anonymous said...

Oct private housing sales drop to 50% compared to Sep sales. 502 units were only sold in Oct while 1142 units in Sep. Drastic drop and Thumsup to recent cooling measures.

Anonymous said...

Oct resale home prices dip on supply, curbs

SRX flash estimates show private home resale price index falling 0.1% and HDB index 1.6%

http://www.stproperty.sg/articles-property/singapore-property-news/oct-resale-home-prices-dip-on-supply-curbs/a/142736

Anonymous said...

Oct resale home prices dip on supply, curbs.....

SRX flash estimates show private home resale price index falling 0.1% and HDB index 1.6%....

http://www.stproperty.sg/articles-property/singapore-property-news/oct-resale-home-prices-dip-on-supply-curbs/a/142736

Post a Comment