Entries by admin

Good performances of recent launches indicate pent-up demand

Indications the local property market is finally turning the corner are piling up but analysts are waiting for more evidence before calling it. The latest sign of a resurgence in new private home sales was a Hougang executive condominium (EC) selling out in just seven hours last weekend. It was the first time since 2014 […]

Condo rents inch up

At first glance, there was good news for landlords, with private condo rents rising 0.5 per cent from May to June. That reversed the revised 0.6 per cent decline from April to May, but they are down 3.2 per cent from June last year, according to SRX Property estimates yesterday. International Property Advisor chief executive […]

Executive Condominiums (ECs) turned out to be best sellers

AMID a lack of new residential project launches in August, executive condominiums (ECs) turned out to be best sellers. Developers sold a total of 805 private residential units and EC units in August, down from July’s 1,921 units – with ECs taking up 41 per cent of the sales volumes in August. Upcoming executive condo launches include Anchorvale […]

Upward pressure on prices?

WITH three collective property sales sealed in a week, analysts at DBS Vickers Securities believe the signs are there for an upswing in Singapore real estate prices. Analysts Rachel Tan and Derek Tan have an overweight stance for developers. They see City Developments (CDL) and UOL as key beneficiaries to any price increase given their […]