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Singapore has been handling the COVID-19 pandemic fairly well, as we will be entering Phase 3 of Circuit Breaker with re...
14/04/2021

Singapore has been handling the COVID-19 pandemic fairly well, as we will be entering Phase 3 of Circuit Breaker with relaxed safe distancing management.

Our property prices have also remained resilient as in 2020m with private home prices higher than they were in 2019.

What will the Singapore property market look like in 2021... Will property prices keep going up?

New project launches in 2021 swung into high gear with the preview of Normanton Park on Jan 2. The biggest new project l...
07/04/2021

New project launches in 2021 swung into high gear with the preview of Normanton Park on Jan 2. The biggest new project launch of the year, with 1,862 units, Normanton Park has set “a positive note” that is expected to carry through to other projects that are also scheduled to preview in January, says Ismail Gafoor, CEO of PropNex.

The number of units in new projects in the pipeline for launch this year may be lower than last year's. This could boost sales of ongoing project launches

Amidst the expected decline in transaction volume and prices of prime non-landed residences due to the recessionary envi...
31/03/2021

Amidst the expected decline in transaction volume and prices of prime non-landed residences due to the recessionary environment brought about by the COVID-19, the Singapore real estate market is expected to record growth in 2021.

Prime non-landed residential segment registered $919.5m in H2 2020.

Although Singapore's property market buckled under the stress, the damage was generally less than expected and just a fr...
24/03/2021

Although Singapore's property market buckled under the stress, the damage was generally less than expected and just a fraction of that recorded during the Global Financial Crisis (GFC) in 2008/9. This attests to Singapore's sound property market fundamentals today, as well as the effectiveness of the government's Covid-19 response packages in helping to keep many businesses afloat and propping up occupier demand for real estate space.

SINGAPORE'S economy was hit hard in 2020 as Covid-19 paralysed the world and shrank Singapore's GDP by a post-independence record of 5.8 per cent. Read more at The Business Times.

Sales of private residential units increased by about 32 per cent last month, driven by a rush of buyers ahead of possib...
24/03/2021

Sales of private residential units increased by about 32 per cent last month, driven by a rush of buyers ahead of possible property curbs, said analysts.

SINGAPORE: Sales of private residential units increased by about 32 per cent last month, driven by a rush of buyers ahead of possible property ...

Despite Covid-19 roiling the economy in 2020, the year ended on a surprisingly good note for Singapore’s property market...
24/03/2021

Despite Covid-19 roiling the economy in 2020, the year ended on a surprisingly good note for Singapore’s property market as it rebounded strongly after a slow first half of the year and did better than 2019’s results on many fronts.

As the world steps tentatively into 2021, TODAY takes a look at what could lie ahead in four areas: The economy, jobs, property and Covid-19 developments. In the final instalment of this series, TODAY senior journalist Wong Pei Ting looks at what’s in store for the property market in the next 12 m...

It was not until when the circuit breaker measures were lifted in June 2020 that we saw the market rebound; pent-up dema...
26/01/2021

It was not until when the circuit breaker measures were lifted in June 2020 that we saw the market rebound; pent-up demand saw sales picked up quickly month-on-month, culminating in September — where sales reached a two-year dizzying high. Properties in the Rest of Central Region (RCR) and Outside Central Region (OCR) saw the most interest and performed the best.

The PropertyGuru Singapore Property Market Outlook 2021 looks back on the momentous happenings and events that have impacted the property sector this year, pulling together key data and expert insights to predict what's in store for 2021.

The Covid-19 pandemic is an unprecedented global crisis that has overwhelmed healthcare systems and upended businesses a...
19/01/2021

The Covid-19 pandemic is an unprecedented global crisis that has overwhelmed healthcare systems and upended businesses around the world.

While it has ravaged economies worldwide and consumer sentiment remains largely subdued, the skies seem brighter for Singapore's property sector so far. A surge in buying activities and an uptick in sales were observed across many housing segments after the circuit breaker period.

Like in other major cities, there appears to be an upswing in real estate deals in Singapore amid pandemic.. Read more at straitstimes.com.

SINGAPORE: New private home sales in Singapore rose by 18.9 per cent in November, reversing a decline seen in October, o...
12/01/2021

SINGAPORE: New private home sales in Singapore rose by 18.9 per cent in November, reversing a decline seen in October, on the back of new project launches by developers.

Private developers sold 767 units, excluding executive condominiums (ECs), in November, data from the Urban Redevelopment Authority (URA) showed on Tuesday (Dec 15).

SINGAPORE: New private home sales in Singapore rose by 18.9 per cent in November, reversing a decline seen in October, on the back of new project ...

Singapore property market’s long-term prospects will continue to be positive as the city-state’s key fundamentals remain...
05/01/2021

Singapore property market’s long-term prospects will continue to be positive as the city-state’s key fundamentals remained intact in spite of the COVID-19 pandemic, said OrangeTee.

The property market ‘roared back to life’ following the end of the circuit breaker period in June, and the buying sentiment is expected to improve further on the back of growing vaccine optimism, says OrangeTee.

Property buyers began snapping up new homes as soon as the circuit breaker eased and they could visit showrooms again, c...
05/01/2021

Property buyers began snapping up new homes as soon as the circuit breaker eased and they could visit showrooms again, contributing to a seesawing of private home sale numbers in the final months of the year as government regulations kicked in to cool the market.

SINGAPORE — Despite a pandemic and an economic recession, it has been a surprising year for the property market.

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