PDA

View Full Version : Private resale home prices edge up 1.5 per cent in August: SRX


mermaid
06-09-13, 13:20
Published on Sep 06, 2013
12:27 PM

Resale prices of non-landed private homes rose by a surprise 1.5 per cent in August, the latest report from Singapore Real Estate Exchange (SRX) showed on Friday. The increase comes after a 0.5 per cent drop in July.

The price rise could be due to the sluggish resale volume. An estimated 540 units were sold in August, more than 50 per cent lower than the 1,240 units transacted in August 2012.

Prices gains were seen in all three regions. Rest of Central Region gained 2.4 per cent while the core central region saw a 1.8 per cent increase. Outside central region prices also inched up by 0.2 per cent.

Overall rental prices for non-landed private homes in August slipped by 0.1 per cent compared with July.

http://www.straitstimes.com/breaking-news/money/story/private-resale-home-prices-edge-15-cent-august-srx-20130906
star
06-09-13, 13:41
Delink of condo and hdb price has started.
mermaid
06-09-13, 13:48
Delink of condo and hdb price has started.

or tdsr starting to lose its effect? :cheers1: hahaha, mayb another round of CM is coming :(
star
06-09-13, 13:51
or tdsr starting to lose its effect? :cheers1: hahaha, mayb another round of CM is coming :(

CM for what? No need cm already because hdb has delinked from condo.
All now got cheap cheap hdb to stay. Condo price can go high to the roof now.
mermaid
06-09-13, 14:08
CM for what? No need cm already because hdb has delinked from condo.
All now got cheap cheap hdb to stay. Condo price can go high to the roof now.

according to wat u hv said, govt has successfully subdued the grumbles of the 80%.
so it is time for them to remove absd & ssd liao! :cheers4:
danguard
06-09-13, 17:52
CM for what? No need cm already because hdb has delinked from condo.
All now got cheap cheap hdb to stay. Condo price can go high to the roof now.

Slowly appreciating condo prices as an additional carrot for the local population to work harder, better and faster (and cheaper) so that they can own on as well. Think our PM in his NDR speech did mention there must always be a need for that extra incentive for people to continually motivate themselves ... The 'haves' and the 'have nots' thus
blackjack21trader
06-09-13, 19:09
You know 1.5% of Average S$2million value is how much or not?

SLOWLY APPRECIATING, SURE.

DELINKING I FULLY AGREE!

WOAHAHAHHEHEHEH.BUNCH OF DUMBS.