This week's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to news@agent.sg so our editors can use them as sources.
The current surge is expected to slow down as Government aid tapers off.
Singapore's property prices have increased in the last four quarters since Q2 of 2020. This is following the months after the Circuit Breaker ended.
According to PropertyGuru's Singapore Property Price Index (SPPI), a QoQ gain of +3.84% was recorded, a figure considered as the highest in three years since Q2 of 2018.
The Singapore Property Supply Index (SPSI) saw a dip with a small decline compared to that of last quarter by 14% from 135.1 to 116.1 points, as buyers were reported to continue to snap up properties.
Properties in the $1m to $1.5m price range continue to make up most of the transactions in Q1 of 2021, whilst there has been a slight dip in properties priced under $1m. The latter signals a slowdown in investments in shoebox units.
Freshest Property News from Singapore
- ESR-Reit to raise S$150m as it acquires Singapore, Australia assets
- Frasers Logistics & Commercial Trust H1 DPU up 9.5% to 3.8 S cents post merger
- OUE C-REIT net property income slips l.6% to $61.1m
- Frasers Hospitality Trust net property income falls by 40.9%
- 21 million-dollar HDB resale flats sold in April
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- Transport Ministry steps up efforts for HK travel
- Two in five Singaporeans believe pandemic will negatively impact job prospects: survey
- Mapletree Industrial Trust issues $300m for 3.15% perpetual securities
- The best things to do this weekend (May 6-9)
- 15 things you can do in Singapore you can’t do anywhere else
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Previous news selection
ESR-Reit divests two properties for S$53m
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About Agent.sg Weekly Property News Selection
Agent.sg's Weekly Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a weekly basis - whoever stays out, misses out.
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