Urban Redevelopment Authority

‘Hungry Ghost’ month affected home sales in Singapore

Singapore home sales fell in September as developers marketed fewer projects in a month considered inauspicious by Chinese homebuyers.Developers sold 657 units last month, down from a revised 1,246 in August, according to Urban Redevelopment Authority data released Monday. That’s the lowest sales since January.

16 October 2017
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Singapore's home prices rise for first time in four years

Singapore’s home prices rose for the first time in four years, snapping a record run of declines and confirming recent signs that the property market is rebounding.An index tracking private residential prices gained 0.5 percent in the three months ended September 30 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Monday.A jump in home sales and developers’ aggressive bids for land are stoking optimism that the property market is making

2 October 2017
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