Today'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.
Prices also fell 0.8%. The volume of condo resales sharply fell 13.1% to 589 units in February from 678 units in January, according to SRX data. Volumes are 10.9% higher than in February 2019, but 7.7% lower than the 5-year average volume for the month of February.
Breaking down by regions, in February 2020, 50.2% of the volume came from Outside Central Region (OCR), 25.3% came from Core Central Region (CCR), and 24.5% came from Rest of Central Region (RCR).
“The private resale market was hit by a triple whammy of coronavirus, seasonal slowdown during the Chinese New Year period, and supply of new units from recent launches,” said Christine Sun, head of research & consultancy at OrangeTee & Tie.
Prices across all regions also fell by 0.1%, 0.8%, and 1.3% respectively, whilst overall prices dipped 0.8%. On a YoY basis, prices rose 0.8%.
Real estate related news stories from Singapore
- Mapletree Investments gets 200m euro sustainability-linked loan
- Lendlease names MD for data centre business
- Founders' Memorial design chosen, to be completed in 2027
- Chart of the Day: PRs, foreigners bought a total of 970 private residential units in Q4 2019
- Lendlease names MD for data centre business
Must-read if you live in Singapore
- Pump prices here yet to reflect plunge in crude oil rates
- Therapeutic garden opens at Telok Blangah Hill Park
- Save more when you visit the Gardens by the Bay conservatories at half price until March 22
- The best minimalist cafés in Singapore
- The best outdoor cinemas in Singapore
Cleaning Tips with Baking Soda
- How to Use Baking Soda in Laundry
- 22 Cleaning Problems You Can Solve With Baking Soda
- 50 Clever Ways to Clean with Baking Soda
- Cleaning with Baking Soda
- Baking soda cleaning tips: 25 hacks for using bicarbonate of soda to clean your home
Art Deco Interior Style
- Art Deco Interior Design Guide
- How to Add Art Deco Style to Any Room
- Art Deco Style Interior Design
- To Get The Look Right, Here Are The Best Art Deco Furniture Ideas
- An Art Deco Interior Design Guide
Previous news selection
HDB resale flat prices edge up 0.7% in Feb: SRX
Guest blogging
Are you an aspiring writer and especially interested in real estate? Become a Guest Blogger here, on Agent.sg. Choose a topic which suits your field of expertise and our profile as well, then create your blog post and send it to our email address news@agent.sg. For more information, visit our Guest Blogging Subpage.
About Agent.sg Daily Property News Selection
Agent.sg's Daily 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 daily basis - whoever stays out, misses out.
Contribute
If you also want to share an amazing article that you come across and it fits in the real estate / economy topics, just let it us know in e-mail. We don't guarantee to publish all, but we will some of them for sure. If you want us to bring out your own article, please contact us at news@agent.sg. Some references would also be highly welcome to send us from among your previous publications.
Advertise
Are you looking for some online distribution channels? You find one. Haven't you found a place for your traditional means of advertisement, like PR article or display banner? You've never been so close, just e-mail us at news@agent.sg and our colleague will get in touch with you.