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Thread: Singapore private home prices

  1. #1
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    Default Singapore private home prices

    Singapore private home prices up 0.5% in Q4, 2.7% for 2019 as take-up drops 13.5% for the year

    https://www.straitstimes.com/busines...Hqr2l83EJvXEj8









    As at the end of the fourth quarter, there was a total supply of 49,173 uncompleted private residential units excluding ECs, in the pipeline with planning approvals, compared with the 50,964 units in the previous quarter. Of this number, 30,162 units remained unsold as at the end of the fourth quarter, compared with the 31,948 units in the previous quarter.

    After adding the supply of 3,192 EC units in the pipeline, there were 52,365 units in the pipeline with planning approvals. Of the EC units in the pipeline, 2,110 units remained unsold. In total, 32,272 units with planning approvals including ECs remained unsold, down from 34,089 units in the previous quarter and 35,649 units a year ago.

    The vacancy rate of completed private residential units excluding ECs fell to 5.5 percent as at the end of the fourth quarter, from 6.1 percent in the previous quarter.

  2. #2
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    Default Re: Singapore private home prices



    After adding the supply of 3,192 EC units in the pipeline, there were 52,365 units in the pipeline with planning approvals. Of the EC units in the pipeline, 2,110 units remained unsold. In total, 32,272 units with planning approvals including ECs remained unsold, down from 34,089 units in the previous quarter and 35,649 units a year ago.


    Guess how many years to clear 32,272

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