Daily Archives: 23 Oct 2009

Q3 home prices soar

Posted on 23 Oct 2009 | Comments Off on Q3 home prices soar
Property buyers at the preview of the Hundred Trees condominium project located at West Coast Drive. — ST PHOTO: SHAHRIYA YAHAYA

PRIVATE home prices shot up 15.8 per cent in the third quarter of this year – their biggest jump since 1981 – as Singapore’s economy finally exited its recession.

Prime non-landed homes in the central areas saw prices increase by 15.2 per cent, while city-fringe condominiums jumped in price by 18.5 per cent. Prices of mass-market apartments in the suburban areas rose 16.1 per cent, according to finalised data released by the Urban Redevelopment Authority (URA) on Friday. Continue reading →

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HDB resale prices soar 3.6%

Posted on 23 Oct 2009 | Comments Off on HDB resale prices soar 3.6%

PRICES of HDB resale flats hit another record high in the third quarter, jumping 3.6 per cent over the second quarter.
Prices of resale HDB flats saw an increase of 3.6 per cent. — ST PHOTO: DESMOND WEE

This is higher than HDB’s estimate earlier this month of a 3.2 per cent increase, and comes after HDB resale prices rose 1.4 per cent in the second quarter over the first quarter.

The final third-quarter figures, released by the HDB on Friday, also showed that the number of resale transactions went up 14 per cent between June and September, to 11,649. Continue reading →

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