Biz Times: Private home market stirs to life again

Private home market stirs to life again
Developers’ Q2 sales double to 1,542 from Q1 but still a far cry from 2007
 
(SINGAPORE) Developers sold 1,542 private homes in the second quarter, double the 762 units in the preceding quarter. This takes the total sold in the first half of the year to 2,304, according to the [...]

Straits Times: Up 77%: New private home sales

Up 77%: New private home sales 
Best showing since last Sept following US sub-prime woes, but market still cautious
 
SALES of new private homes shot up 77 per cent to 801 units last month, from just 453 in May, on the back of more project launches.
That was the best showing since September last year when [...]

Biz Times: Condo sales at showflats tapering off

Condo sales at showflats tapering off
One developer blames Livia’s pricing for ’spoiling’ other projects’ sales
 
WHILE City Developments managed to sell 96 units last week at its Livia condo at Pasir Ris, developers of most other projects suffered rapidly declining sales at their showflats.
 
At least one developer blamed Livia’s attractive pricing – $650 psf on average [...]

Today: Simon says: Home prices have hit floor

Simon says: Home prices have hit floor
 
Head of property developer SC Global still bullish on the local real estate market
 
JUDGING from recent transactions, property prices appear to have hit or are near the floor, according to Mr Simon Cheong (picture), the president of the Real Estate Developers’ Association of Singapore (Redas).
 
As evidence, [...]

Biz Times: Varying pace of sales at recently released projects

Varying pace of sales at recently released projects
 
DEVELOPERS selling private homes had a mixed bag of results at the weekend.
 
The 99-year-leasehold Livia in Pasir Ris, where previews started last Friday, has chalked up relatively strong sales of 160 units at an average of $650 per square foot (psf).
 
But sales were slower for most other recently [...]

Homebuyers, get ready for more property launches

Homebuyers, get ready for more property launches 
Developers will release projects to capitalise on recent healthy home sales
 
A STRING of new private residential projects is hitting the market as developers move quickly to capitalise on encouraging recent home sales.
In the Kovan area alone, two new projects – Kovan Residences and D’Pavilion – are [...]

Prime property districts’ prices show 1st fall in 4 years: DTZ

Prime property districts’ prices show 1st fall in 4 years: DTZ
Downward pressure may increase as speculators dispose of units, it says
 
(SINGAPORE) Property prices in the prime districts of District 9, 10 and 11 have registered their first fall in four years and DTZ Debenham Tie Leung believes that this downturn in sentiment could spill over [...]

Flash estimates of private residential property prices up 0.4% in Q2

Flash estimates of private residential property prices up 0.4% in Q2
 
SINGAPORE: Private residential property prices rose 0.4 per cent in the second quarter of this year, according to flash estimates released by the Urban Redevelopment Authority.
 
This compares to the 3.7 per cent increase in the first quarter.
 
Prices of non-landed private residential properties increased [...]

Buyers snap up 195 units in Bishan condo

Buyers snap up 195 units in Bishan condo
 
IN A welcome departure from the generally quiet market so far this year, the latest property launch – of the 616-unit Clover by the Park – has generated sales of 195 units so far.
Sim Lian Group, which is developing the condo, said that as at 8pm last [...]

On the market : New launches

On the market 
In this weekly column, we bring you a sampling of homes for sale. In the spotlight this week: New launches.
 
Clover by the Park,
99-year leasehold
Bishan Street 22/Street 25
Units: 616
 
Price: $750 per sq ft (psf) on average
 
Launch date: Last Friday
 
This mass-market project has two 39-storey blocks. Sim Lian [...]