Prices rise for HDB?

* Higher price indicataed by increase by 4%,but before measures kick in,and submissions before Aug31st *Monthly resale transaction in Sepetember declined by 25%, compared to August *Prices of house will keep increasing slowly,albeit a lower COV *Property prices are expected to stabilise in 2011 *More flats are expected to be built,upto 22,000

New measures sideline many buyers

The prices of HDB, mass market segments will cool somewhat and stagnate at current levels The housing policy measures introduced on Aug 30 have sidelined many buyers, including owner-occupiers who have out-grown their current apartments and are seeking newer, bigger or better located homes. A typical case: Mr and Mrs Tan have lived in their [...]

Increase in property prices due to combination of factors

Mr. Mah Bow Tan, Minister for National Development, has dispelled rumours that the recent increase in private property prices is a solely due to foreign buying. Speaking in parliament on Monday, Mr. Mah said, “foreigners’ share of all sale transactions of private residential properties in Singapore is relatively small. “In 1st half 2010, foreigners accounted [...]