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What We Know About Singaporean Millennials and Luxury Property in 2021
28 Sep , 2021
We might be in the middle of a pandemic, but that hasn’t dented Singaporeans’ appetite for property. According to the PropertyGuru Consumer Sentiment Study H2 2021, private property transactions are still on an upward trajectory, and 74% of Singaporeans intend to buy a home in spite of rising prices.
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Who Are Buying Good Class Bungalows (GCBs) in Singapore? (2021)
10 Sep , 2021
Forget about luxury condos. In Singapore, Good Class Bungalows are the highest form of prestigious housing.
Just ask some of Singapore’s most successful tech CEOs, who have of late scrambled to purchase Good Class Bungalows.
Normanton Park was the best-selling private residential project in 1H2021
15 July, 2021
Based on caveats lodged, Normanton Park was the best-selling private residential project in 1H2021, selling 923 or about 50% of the 1,862 units in the development. The next best-selling project in terms of number of units sold was Midtown Modern, which moved 384 out of 558 units, or 69% of the project, in 1H2021.
More gains ahead in private home prices; Q3 up for sixth straight quarter
PROPERTY analysts expect Singapore's private home prices to continue its growth trajectory for the rest of the year, after it rose for the sixth straight quarter in Q3. Based on the Urban Redevelopment Authority's (URA) flash estimates, the overall price index for private homes grew 0.9...
Singapore private home prices up 0.9% in Q3, rising for 6th straight quarter: Flash data
SINGAPORE - Private home prices in Singapore climbed for the sixth straight quarter at a continued moderate pace, driven largely by the gains in landed properties.
The 0.9 per cent price gain in the third quarter follows an increase of 0.8 per cent in the second quarter, and a 3.3 per cent rise in the first quarter, according to flash estimates from the Urban Redevelopment Authority (URA) on Friday (Oct 1).
Year on year, private home prices have increased by 7.3 per cent. And in the first nine months of this year, they have risen by 5.1 per cent, compared with 2.2 per cent for the whole of last year.