Singapore Property Watch - September 2008

September 20, 2008

A Singapore Real Estate Digest by Justin Ng
September 2008 Edition

Latest Singapore Property Market News

Sales of new private residential homes fall by 64% in August 2008
SINGAPORE: Sales of new private residential homes slipped 64 per cent to 320 units in August, as compared to over 890 units sold in July. Market watchers say this is the weakest transaction volume since April 2008.

At the peak of the property boom in August 2007, over 1,700 units of private homes were sold, and the 320 units sold in August 2008 was 81 per cent lower year-on-year.

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August’s Property Transactions

Flat Type Units Sold
4 Room 769 units
3 Room 653 units
Condominium 653 units
5 Room 577 units
Apartment 291 units
Executive 187 units
Terrace House 91 units
Executive Condominium 56 units
Semi-Detached House 36 units
2 Room 25 units
Detached House 19 units
HUDC 2 units
Multi-generation 1 units
HDB Town/Estate Units Sold
Woodlands 198 units
Tampines 158 units
Jurong West 149 units
Bedok 139 units
Hougang 134 units
Yishun 134 units
Ang Mo Kio 133 units
Sengkang 112 units
Bukit Batok 101 units
Choa Chu Kang 96 units

Singapore Property Trend - Past Transactions

Past Property Transactions - 3 Rooms Past Property Transactions - 4 Rooms Past Property Transactions - 5 Rooms Past Property Transactions - Executive Past Property Transactions - Apartments Past Property Transactions - Condominiums Past Property Transactions - Detached House
Past Property Transactions - Terrace House

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Daily SIBOR/SOR Update

 SIBORSOR
1 mth0.313330.24418
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6 mths0.438330.57386
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12 mths0.571670.89804
Updated as at 03 October 2012

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