Category Archives: Uncategorized
Recent Major Property Project Launches
It was reported in The Straits Times November 5, 2014 that Bartley, Upper Serangoon View, Yishun and Sims Drive will be where some of the major property project launches are expected.
The projects include Botanique at Bartley, Kingsford Waterbay at Upper Serangoon View, North Park Residences in Yishun and Sims Urban Oasis at Sims Drive.
Botanique at Bartley, is being developed by UOL and has 797 units. Projects with over 1,000 units include Kingsford Waterbay developed by Kingsford Development as well as GuocoLand’s Sims Urban Oasis.
(source: The Straits Times, November 5, 2014)
URA Report: 4% fall in Private Property Price
URA price index revealed a flash estimates of 4% drop in private residential property for the whole of 2014.
In the last quarter of 2014, prices declined by 1.0 percent, higher than the 0.7 percent decrease in the previous three-month period. In a statement, URA said this is the fifth consecutive quarter of price falls.
Prices of non-landed private homes declined in all market segments.
In the Core Central Region (CCR), prices fell 0.9 percent, higher than the 0.8 percent decline in the previous quarter.
Over in the Rest of Central Region (RCR), prices were down 1.2 percent, higher than the previous 0.4 percent dip.
As for the Outside Central Region (OCR), prices dropped 0.9 percent, higher than the 0.3 percent decrease in the quarter before.
Prices of landed properties fell 1.1 percent compared to the 1.8 percent slide previously.
In the last 12 months, prices in the CCR, RCR and OCR fell by 4.1 percent, 5.2 percent and 2.2 percent respectively. Landed properties registered a 5.2 percent drop in the year.
Post source: Property Guru