CONTACT ME

Teo Chermaine

BSc Business (Honours)

Associate Marketing Director

CEA Registration No: R058637H

Huttons Asia Pte Ltd

CEA Licence No: L3008899K

GST Registration No: 20-0210087-C

3 Bishan Place #05-01

CPF Bishan Building

Singapore 579838

Mobile  +65 9023 7055

Email  teochermaine@gmail.com

ALTERNATIVELY YOU CAN FILL

IN THE FOLLOWING CONTACT FORM:

© 2018 Chermaine Real Estate

  • Chermaine Real Estate
  • Chermaine Real Estate
Please reload

Recent Posts

Blockbuster land deals signal property boost for next year - Bloomberg

November 15, 2017

1/2
Please reload

Featured Posts

HDB resale prices inch up 0.1% in December as volume drops nearly 20%: SRX - The Straits Times

January 4, 2018

SINGAPORE - Resale prices of Housing Board (HDB) flats edged up 0.1 per cent last month, reversing the 0.1 per cent dip recorded in November, according to flash estimates from SRX Property on Thursday (Jan 4).

 

There was also a near 20 per cent drop in flats changing hands: 1,585 resale units were sold in December, 19.9 per cent fewer than in November. The drop, while in line with the property market's quieter year end, was bigger than December 2016's 14 per cent month-on-month sales decline, according to SRX figures.

 

Year-on-year, the number of HDB resales last month was 13.9 per cent higher than the 1,391 units sold in December 2016. But resale volume is down by 56.6 per cent compared to its peak of 3,649 units in May 2010.

 

With its latest monthly figures, SRX's full-year HDB resale price index is down 1.8 per cent, close to the 1.5 per cent full-year decline shown in HDB's official flash estimates released on Tuesday.

 

SRX is Singapore's only portal that publishes transaction data on a monthly basis.

According to its index, HDB resale prices have declined by 12.5 per cent since their peak in April 2013.

 

Contributing to the decline seen in the SRX full-year index was the price drop in mature estates, where the fall is 1.2 per cent year on year, compared with a 2.3 per cent increase in non-mature estates.

Month-on-month, the marginal price increase in December was not seen across all flat types. The resale prices of 3-room and executive flats rose by 0.2 per cent and 1.5 per cent respectively, while prices of 5-room flats remained unchanged and 4-room flats saw a 0.9 per cent drop.

 

Share on Facebook
Share on Twitter
Please reload

Follow Us
Please reload

Search By Tags