July 16, 2018

SINGAPORE (EDGEPROP) – The new property cooling measures will likely result in price cuts in average selling prices of new homes by developers. With high-end homes leading the price adjustments by developers, new home launches are expected to drop by up to 10 per cent.  The reduction in average selling prices has been factored in when property market analysts predicted the downgraded stock ratings for...

SINGAPORE (EDGEPROP) – A survey by the Urban Redevelopment Authority showed that 654 private homes were sold by developers in June. This is a drop of 41.7 per cent of the 1,122 units sold in May and also 20.2 per cent lower than in June last year.  More than half of the sales took place Outside Central Region.Sales and launch volumesThe tally for the first half of the year is estimated at 4,090 private...