Skip to main content

You won't believe costs of small apartments rose this much

2012 oct 29
http://sbr.com.sg/residential-property/news/you-wont-believe-costs-small-apartments-rose-much

You won't believe costs of small apartments rose this much

It's an uphill climb.

According to resale price index release by National University of Singapore's Institute of Real Estate Studies, overall prices rose 0.6% in September compared to August data. Units in the Central region, exclusive of small ones, saw price hikes of 0.4% while those in the non-Central region saw 0.9% price hikes. Small units rose 1.4% compared to August data.

The National University of Singapore (NUS) Singapore Residential Price Index Series (SRPI) is a transactions-based index that tracks the month-on-month price movements of private non-landed residential properties in Singapore.

 Developed by a team of researchers at IRES, the SRPI provides a resource for the development of property derivatives that would help to expand the suite of financial products offered in Singapore, particularly in the context of obtaining exposure to and managing risks associated with the real estate market. It will also complement existing property information on the state of the residential market.


Comments

Post a Comment

Popular posts from this blog

BBFA Singles Property DIY B.A.N.T.E.R Guide

BBFA Singles Property DIY B.A.N.T.E.R Guide   The BBFA (Bold Beautiful Forever Awesome) singles property DIY B.A.N.T.E.R guide is written for us fabulous ones who prefer a hands-on approach to a sustainable life. In our world today, resources are depleting and wastage is sinful. In creating this guide, our principle is simple:   - If I can do it, don't get someone else to do it. - If someone has already done a decent job, don't waste or duplicate the effort. - If there is no real value creation, don't do it. Disclaimers: *All facts and figures are accurate as at time of writing (19 September 2024). *All screenshot graphics and tables are copyright of their original authors.   1. B UDGET Before all else, check your finances and derive a budget for your property. Ballpark is fine provided you have buffer savings or accounts in Bank Of Ahpa-ahma. Downpayment 25% (HDB flat taking HDB loan) can use CPF 25% (HDB flat/private property on bank loan) of which 5...
1 comment
Read more

Condo developers are downsizing units: report - Property Auctions News, Property Investment | PropertyGuru

http://www.propertyguru.com.sg/property-management-news/2014/4/37715/Condo%20developers%20are%20downsizing%20units:%20report?utm_source=pgsg-newsalert&utm_medium=edm&utm_campaign=dailynews-29Apr2014&utm_content=links Property developers are building smaller condo units as they compete to keep prices affordable amid tougher market conditions and the government's loan curbs, revealed a Knight Frank study reported in the media. “It appears that there is a reduction in the variety of size ranges since the implementation of the Total Debt Servicing Ratio (TDSR) framework,” said Alice Tan, Research Head at Knight Frank. For instance, five-bedders shrank the most with average sizes of the biggest units dropping from 2,035 sq ft to 1,569 sq ft, while the smallest units in this configuration shrank from 1,605 sq ft to 1,505 sq ft. The next most sizeable reduction was seen in two-bedders. The average size of the largest units decreased from 973 sq ft to 864 sq ft in a o...
Post a Comment
Read more