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Thread: Demand for new private homes jumps 84%

  1. 15-10-12, 17:56 #1
    reporter2
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    Default Demand for new private homes jumps 84%

    http://www.todayonline.com/Business/...homes-jumps-84

    Demand for new private homes jumps 84%

    Updated 02:11 PM Oct 15, 2012


    SINGAPORE - Demand for new private homes jumped by 84 per cent last month from August, led mainly by a strong rebound in the mass market segment.

    According to the Urban Redevelopment Authority (URA), 2,621 new private homes, excluding executive condominiums, were sold last month.

    The rebound in September is in sharp contrast to the slow month in August. This, as some home buyers stayed away during the Hungry Ghost Festival, which typically sees fewer property project launches.

    2,062 new units sold last month were located in the suburbs or outside central region. This was more than double of the 835 units moved in August.

    The number of units located in the core central region climbed 15 per cent from 218 units in August to 251 units last month.

    Meanwhile, demand for new homes in the city fringe bucked the trend - 208 units changed hands last month compared to 368 units in August. CHANNEL NEWSASIA
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  2. 15-10-12, 21:16 #2
    GSLJ
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    Oops...more CM coming?

    Early buyers huat ah!
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  3. 16-10-12, 00:38 #3
    kane
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    Quote Originally Posted by GSLJ
    Oops...more CM coming?

    Early buyers huat ah!
    ssshhh... this is just a one off. unlikely to repeat again next month...
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  4. 16-10-12, 05:41 #4
    hyenergix
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    Launches at very good sites are coming up...
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  5. 16-10-12, 07:00 #5
    gadiny
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    Quote Originally Posted by hyenergix
    Launches at very good sites are coming up...
    A few notable ones expected to be released within next 6 months are

    1) Jervois Road - Bought by Singland at $881 psf
    2) Alexandra Road - Bought by CDL/Hong Leong/Hong Realty at $754psf
    3) Pheng Geck avenue - Bought by Tuan Sing at $567psf
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  6. 16-10-12, 08:05 #6
    JuzMe
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    For sure another CM will come Probably a bigger one to calm market
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  7. 16-10-12, 10:04 #7
    ralfale
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    I'm curious where did u guys get info on upcoming launch for the year and their purchase price?
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  8. 16-10-12, 11:27 #8
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    cnud
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    Quote Originally Posted by gadiny
    A few notable ones expected to be released within next 6 months are

    1) Jervois Road - Bought by Singland at $881 psf
    2) Alexandra Road - Bought by CDL/Hong Leong/Hong Realty at $754psf
    3) Pheng Geck avenue - Bought by Tuan Sing at $567psf
    Tuan Sing will sing to the bank loudest!
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« HDB, URA to release 5 residential sites in Oct | Sales of new private homes hit 3-year high »

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