private home sales

Are new condo units increasingly unaffordable?

THE LEVEL GROUND

Does progressive payment for new projects fuel high new condo prices?

Buyers may be acting aggressively when considering purchases of uncompleted homes with a progressive payment scheme available, compared to resale units

Private home sales volume held fairly stable in the second quarter, with 5,420 transactions recorded.

Property

Private home prices inch up 0.5% while HDB resale prices slip further by 0.3% in Q2: flash data

Landed homes and Core Central Region lead index with about 2% jump in prime market, as prices fall across other regions

Widening affordability gaps and diverging buyer profiles could give way to an eventual structural decoupling of private and public housing markets.

Property

Singapore private housing is ‘decoupling’ from HDB market as buyer pools diverge: NUS survey

Respondents say the shift is driven by ‘distinct buyer profiles with differing capacities and capital outlays’

Four projects housing 1,679 units will likely test buyer appetite in July.

Property

Up to 11 new condo projects with 3,550 units lined up for H2 launch as price ceilings emerge

Analysts do not expect average launch prices to breach the S$4,000 psf mark in the near term

The average land rate for sites with a residential component is up almost 13% from the previous year, PropNex data shows.

Property

NEWS ANALYSIS

Rising land bids push new condo prices into focus – will S$3,000 psf be a new normal?

Strong take-up at new launches fuels developer confidence, but higher land costs will test buyer demand

What is the state of play in the resale market for private homes?

Podcasts

Who are buying private homes and how do agents stay relevant? With PropNex’s CEO Kelvin Fong

Who is buying at new condo launches? What is the state of play in the resale market for private homes? Also get perspectives on AI’s impact on the agency business and Singaporeans’ love for private ho...