Private home sales continue upward climb in July

SINGAPORE: A total of 1,108 private home units – excluding executive condominiums (ECs) – were sold last month on the back of more project launches, according to the latest figures from the Urban Redevelopment Authority (URA) on Tuesday (Aug 15).

The figure is a 35.1 per cent increase from the 820 units sold in June, which saw stronger-than-expected sales despite it being the school holiday period. Including ECs, property developers sold 2,086 units in July, almost double of June’s 1,064 units.

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Private home prices down for 15th straight quarter; pace of decline eases

SINGAPORE: Private home prices in Singapore fell for the 15th straight quarter in the April to June period, although the pace of decline eased, according to data released by the Urban Redevelopment Authority (URA) on Friday (Jul 28).

Prices fell by 0.1 per cent quarter-on-quarter, compared with the 0.4 per cent decline in the first quarter and the 0.5 per cent decline in the last quarter of 2016.

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Condo rents rise 0.5% in June, HDB rents fall 0.6%: SRX Property

SINGAPORE – Private residential and HDB reversed course last month, according to SRX Property flash estimates released on Wednesday (July 12).

Rents of condominiums and apartments rose 0.5 per cent month-on-month in June, swinging from a revised 0.6 per cent decline in May, though the number of units leased dropped

After a sustained slide last year, private rents have fluctuated monthly this year. But after June’s increase they are now down just 0.3 per cent to date this year. They are still 19.1 per cent off their peaks in January 2013.

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For Rent – Eastpoint Green, Simei (Condo, 3Bedroom)

For Rent – Eastpoint Green, Simei (Condo, 3Bedroom Unit)

Delight in this adorable home that’s just an arm’s reach to amenities.

Spacious, sophisticated, and alluring. All the best features you need to make your stay in Singapore worthwhile.

The Eastpoint Green. Welcome to your new home.

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Renting Out Rooms in Your Home? Here’s What You Should be Screening Your Tenants For, Not Their Race!

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By Joanne Poh, via moneysmart.sg

So you’ve finally decided that despite the small size of your humble abode and your aversion to other human beings, you need the cash, so you’ve decided to rent out a room in your home to a complete stranger.

Unlike property owners who can afford to just rent out the entire unit, all while living a safe distance from those lowlife tenants, you’re going to be stuck sharing your life with them. So how should you screen them?

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Singapore prime homes a good buy now: JLL

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SINGAPORE : A new JLL report is extolling the virtues of buying a prime residential property in Singapore now, given how “affordable” they have become compared to other global cities in the last four years. This is in spite of the loan curbs and tax burdens in place.

The real estate consultancy estimates that the average luxury prime residential price of S$1,991 per square foot (psf) in the fourth quarter of 2015 is about 20 per cent off the peak in 2011.

This is the biggest correction across domestic asset classes in the last four years. Office, retail and industrial property prices have fallen 4-6 per cent; suburban residential prices are down 12 per cent.

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