In February 2023, the resale volumes of private condominiums in Singapore increased for the first time since October 2022. The rise was driven by pent-up demand following the Chinese New Year period. The number of resold units in February was 756, a 50.3% increase from […]
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Under “Property News”, you will find the latest information about Singapore’s real estate market. These will include the latest market statistics (HDB and private home prices) and other important information such as new property launches and government policy matters.
For more information about the property market, you may wish to check out the following categories:
February 2023 HDB Resale Flat Prices Flat After 31-Month Climb
February 2023 HDB resale flat prices were flat after a 31-Month Climb. The number of sales decreased by 28.2% to an estimated 1,849 units in February, down from 2,575 units in January. Prices of resale flats in mature and non-mature estates dipped marginally by 0.1% […]
Continue readingJanuary 2023 Private Resale Condo Prices Dip 0.6%
According to flash estimates released on Feb 27th, January 2023 private resale condo prices in Singapore fell 0.6% month-on-month as compared to a 0.7% in increase in December. This marked the first decline in 28 months, led by lower prices in the city fringe (RCR) […]
Continue reading4th Quarter 2022 Resale HDB Prices Up 2.3%, Slowest in the Year
4th quarter 2022 resale HDB prices rose 2.3%, easing from 2.6% in the 3rd quarter. This was the slowest increase for the year. Data from HDB also revealed that transactions during the same period fell by 12.6% compared to the preceding quarter, or 6,597 versus […]
Continue readingDecember 2022 HDB Resale Flat Prices Inched Up 0.2%
December 2022 HDB resale flat prices in Singapore climbed for the 30th consecutive month, albeit at a slower pace of 0.2% compared to November’s 0.6% increase. Meanwhile, the price of HDB resale flats is expected to moderate further in 2023 due to the following factors: […]
Continue readingHDB Resale Flat Prices in November 2022 Rise for 29th straight month, Volume Rebounds
HDB resale flat prices in November 2022 edged up for the 29th consecutive month, according to flash estimates. More units have changed hands after buyers digested the latest round of property colling measures that took effect on 30 September 2022. HDB resale flat prices grew […]
Continue readingOctober 2022 HDB Resale Flat Prices Up 0.5%; Volume Fell 24.1%
October 2022 HDB resale flat prices advanced for the 28th consecutive month, rising 0.5%. This brought the overall year-on-year price increase to 10.8%, lifting the median price of HDB resale flat to a record high of $545,000. This is 35% higher than its pre-pandemic level […]
Continue readingQ3 2022 Property Prices: HDB Resale +2.6%; Private +3.8%
The following is a snapshot on Q3 2022 property prices. Prices in the HDB resale market edged up 2.6% in Q3 2022, a slower pace than the 2.8% rise recorded in Q2. This marked the 10th consecutive quarter of price increase amid the backdrop of […]
Continue readingQ3 2022 Property Prices: HDB Resale +2.6%; Private +3.8%
The following is a snapshot on Q3 2022 property prices. Prices in the HDB resale market edged up 2.6% in Q3 2022, a slower pace than the 2.8% rise recorded in Q2. This marked the 10th consecutive quarter of price increase amid the backdrop of […]
Continue readingSeptember HDB Resale Prices Climb 1.2%; Record Million-Dollar Flats Sold
September HDB Resale Prices climb 1.2% for the 27th straight month, with a record of 45 million-dollar units transacted in a month. The pace is faster than the 0.4% increase in August. At the same time, the transaction volume has also increased to 2,589 units, […]
Continue readingProperty Cooling Measures Ensure Prudent Borrowing, Tamper Demand
On 29 September 2022 close to midnight, the Singapore government announced a new round of property cooling measures. They will come into effect on 30 September 2022. In a joint statement by MAS-MND-HDB, the objective is “to promote sustainable conditions in the property market by […]
Continue readingLentor And Bukit Batok Government Land Sale Analysis
Below is an analysis of the Lentor and Bukit Batok government land sale. On 16 September 2022, the Urban Redevelopment Authority (URA) announced the results of 3 government land sales – Lentor Central and Lentor Hills Road (Parcel B) for private condos, and Bukit Batok […]
Continue readingHDB Resale Flat Prices In August 2022 Rise for 26th Straight Month
HDB resale flat prices in August 2022 increased for the 26th consecutive month, with 33 apartments sold for at least $1 million. According to recent data, HDB resale flat prices are up 10.8% year-on-year, increasing 0.4% in August compared to a 0.7% rise in July. […]
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