18 Apr '14, 10am

Busting the myth of a hot property market

Busting the myth of a hot property market

Not only is the average unit size sold by developers much smaller now, but islandwide the average price per square foot is also much lower. - PHOTO: SPH [SINGAPORE] When you read about units being snapped up at a record pace, you might think that the property market is sizzling. But buried beneath the headline numbers, two distinct trends appear to puncture this myth. Not only is the average unit size sold by developers much smaller now, compared to the pre-global crisis peak year of 2007, but islandwide the average price per square foot is also much lower. That's because more units are being sold in the suburbs instead of the Core Central Region (CCR), where properties are costlier. In fact, the state of the property market looks very different when viewed from the perspective of total square footage and total dollar quantum of apartments/condos sold by developers, rather...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

Tweets

Singapore's measures discouraging foreign prope...

propertyguru.com.sg 17 Apr '14, 5am

Overseas real estate investments tend to flow into countries with fewer tax regulations, according to Andrew Batt, Interna...

Singapore's measures discouraging foreign prope...

propertyguru.com.sg 17 Apr '14, 7am

Overseas real estate investments tend to flow into countries with fewer tax regulations, according to Andrew Batt, Interna...

Clermont Residence world class on price, Singapore Property News, Singapore Property Guides

Clermont Residence world class on price, Singap...

stproperty.sg 17 Apr '14, 10am

GUOCOLAND'S Clermont Residence in Tanjong Pagar has been ranked in the world's top 10 plushest high-rise apartment blocks ...

500-800 new homes could be sold in April: exper...

propertyguru.com.sg 18 Apr '14, 3am

This outcome is the result of more transactions involving remaining units at previously launched projects, said Chia Siew ...

Opportunities exist for agents and home buyers in the local market....

Opportunities exist for agents and home buyers ...

propertyguru.com.sg 25 Apr '14, 10pm

Considering that property agencies should do more for their agents during these tough times, those looking to become agent...

Housing market still struggling, report reveals...

propertyguru.com.sg 23 Apr '14, 2pm

We're upgrading to serve you better! Our team of professional technicians are hard at work on site enhancements. We apolog...

Bandar Malaysia key to high-speed rail link, Singapore Property News, Singapore Property Guides...

Bandar Malaysia key to high-speed rail link, Si...

stproperty.sg 17 Apr '14, 10am

The Sungai Besi airfield, used by the military and home to the police's air unit, will be redeveloped into Bandar Malaysia...

Property is still an essential component in a business portfolio

Property is still an essential component in a b...

stproperty.sg 23 Apr '14, 3am

Mr Teo: Nanjing and Chengdu in China will be company's first focus [SINGAPORE] Sembcorp Industries is reactivating Sembcor...

CapitaLand acquiring another 80% stake in CBKH, Overseas Property News, Singapore Property...

CapitaLand acquiring another 80% stake in CBKH,...

stproperty.sg 17 Apr '14, 2am

CAPITALAND is acquiring another 80 per cent interest in CapitaLand (Beijing) Kai Heng Holdings Pte Ltd (CBKH) that it does...

Someone to look up to

stproperty.sg 23 Apr '14, 3am

CDL owner Kwek Leng Beng says he wants the "Hong Leong Group to be recognised as a major Singapore company, one that has s...

#GlobalREBubble #Singapore 'Insight into Singap...

propertyguru.com.sg 21 Apr '14, 5am

There has been a lot of talk about the property market in recent years. Almost everyone has been discussing on investing i...

New: Singapore Property News This Week #151

propwise.sg 16 Apr '14, 12pm

Singapore Property News This Week #151 April 16, 2014 Residential Condo project The Sorrento to be launched at Easter week...

Still quite high price to me..

stproperty.sg 21 Apr '14, 6am

The crowd at the relaunch of Sky Habitat last Saturday, when 80 units were sold. Developer CapitaLand rolled out a revampe...

[M'sian Property Spotlight] Another jewel in Mont’Kiara, a twin tower condo located @ a prime area. For more details:

[M'sian Property Spotlight] Another jewel in Mo...

stproperty.sg 18 Apr '14, 3pm

UEM Sunrise Berhad (”UEM Sunrise”) has just added another jewel to its development in Mont’Kiara – Residensi 22 Mont’Kiara...