Retail side real estate rentals record worst decline in history

Retail side property rentals was very pronounced recording the worst decline in history Prices of retail space decreased by 2.1% in 4th Quarter 2020, compared with the increase of 2.2% in the previous quarter. Rentals of retail space decreased by 5.2% in 4th Quarter 2020, following the decrease of 4.5% in the previous quarter. For [&hellip

The post Retail side real estate rentals record worst decline in history appeared first on iCompareLoan Resources.

Fringe office area shows more resilience proves URA data

Data released by the URA on Q42020 showed that Fringe Office Area is more resilient Prices of office space decreased by 3.1% in 4th Quarter 2020, compared with the 0.2% increase in the previous quarter showed the Quarter 4 data by Urban Redevelopment Authority (URA). Rentals of office space decreased by 3.5% in 4th Quarter 2020, [&hellip

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URA Q4 2020 Real Estate Statistics show prices rise for third straight quarter

URA Q4 2020 Real Estate Statistics showed private residential property prices in Singapore rose in the last quarter of 2020 for the third straight quarter, on pent-up demand and against the weak macroeconomic conditions Final statistics from the Urban Redevelopment Authority (URA) on 22 Jan showed that private residential property prices grew at an increasing [&hellip

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District 9 freehold residential block for sale at guide price of $18m

Edmund Tie & Co announced on 18 Jan that it is pleased to announce the launch of a District 9 freehold residential block for sale by tender. Edmund Tie is the sole marketing agent for the three freehold residential buildings 2, 4 and 6 Mount Emily Road. 100% of the owners have given consent to the [&hellip

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13 Former HUDC Estates: How Are They Doing Now?

In 2017, Singapore saw the end of the Housing and Urban Development Company (HUDC) scheme. That was when Braddell View, the last of the remaining HUDC estates, was privatised. In that same year, no less than four HUDC estates went en-bloc; a development that showed the strength of demand for their locations.  Fast forward till...

The post 13 Former HUDC Estates: How Are They Doing Now? appeared first on Property Blog Singapore - Stacked Homes.

Condo rents decline in 2020, with one notable exception.

Covid-19 may have left much of the Singapore property market unscathed in 2020, but the economic effects of the pandemic has undoubtably impacted investor-landlords. According to the URA Rental Index, condo rents declined by 0.5% year-on-year in 2020. The signs of a lacklustre condo rental market was also obvious in terms of rental volume, which...

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Experts share their views on the private property market in 2021

Private residential property prices increased by 2.1% in Q4 2020 compared to Q3 2020, according to the URA quarterly statistics released on 22 January 2021. Prices of non-landed private residential properties, in particular, increased by 3.0% and reflect robust growth in condo prices across all regions in Singapore.   The price increase for condos in...

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Could We See More Property Cooling Measures In 2021?

In an “oh no” moment on 18th January, Deputy Prime Minister Heng Swee Keat said the government is paying close attention to the property market; and that they “don’t want to see the property market run ahead of the underlying economic fundamentals”. This was coupled with a warning that developers should “remain prudent” in their...

The post Could We See More Property Cooling Measures In 2021? appeared first on Property Blog Singapore - Stacked Homes.

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