Singapore: Housing the millennials

Source: EdgeProp

(Source: EdgeProp. Dec 4, 2017) In a recent survey by CBRE, 63% of respondents born during the early 1980s to mid-1990s are still living with their parents. What’s even more shocking is that of the respondents who have fled the roost, 60% are living in rented accommodations. How will this shape Singapore’s property market?

Click here to read about the factors influencing Singapore’s millennials property buying decisions.

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Singapore Primary Home Sales Fell 20% M-o-M in June

Image FundPlaces Research

Singapore private residential primary home sales registered 3 consecutive months of decline in June. Developers sold a total of 820 units of new homes in June, a decline of 20% m-o-m. This is the first time where the monthly sales fell below 1,000 units, after 3 consecutive months of sales surged above 1,000 units. The decline of primary home sales in the recent months was mainly due to the lack of new launches in the market. In June, developers only released additional 159 units, 53% less than the previous month.

Click here to read more: 201707 – Singapore residential market update – FundPlaces

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Cooling Measures Relaxed, What’s Next?

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The primary home sales market have seen buoyant sales in recent months. Units at newly launched projects such as Clement Canopy, Grandeur Park Residences and Park Places Residences are flying off the shelves. It appears that buyers are not heeding the views of the researchers that property market still has some way to go before the market can reach a bottom. Why do they think so? Read our latest report for our detailed analysis on the Singapore private residential market.

Click here for the full report: 20170329 – Cooling measures relaxed, what’s next – FundPlaces

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Singapore Primary Home Sales Surged 156% in Feb

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Singapore primary home sales in February increased by 156% m-o-m with developers moving a total of 977 units of new homes.  This is the highest number of unit sold in the past four months and a 222% increase year-on-year. The key driver to the buoyant sales was the excellent performance of a newly launched project, called The Clement Canopy at Clementi Avenue 1. Clement Canopy is the first project launched in 2017 and was priced to sell.

Click here to read more: 201702 – Singapore residential market update – FundPlaces

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Is Yangon’s real estate market ready for retail investors?

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Expectations were high when the new Government was elected last year. One year on, it has become apparent that a lot of work remain undone. Looking ahead, the ingredients for the growth of the real estate are in place, including the robust economy growth and the influx of foreign direct investments. What is the outlook of Yangon real estate market? Which sector to invest in? What should investors look out for when investing in Myanmar? We shared our thoughts in The Edge.

Click here for the full article: Is Yangon’s real estate market ready for retail investors

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What’s next for Singapore’s Private Residential Property Market?

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We live in amusing times with increasingly unpredictable outcomes in many events. The housing market in Singapore is no different. Despite an increasingly poorer economic outlook and many of the property market indicators in negative territory, the residential property market has shown signs of coming back to life. We did an analysis of the past cycles to answer the most often asked question, “when is the turning point for residential property prices?” We shared our thoughts on the outlook for the Singapore private residential market in Today.

To read more, click here: What’s next for Singapore’s private housing market.

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Bright Spots In IndoChina’s Property Market

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The IndoChina property market has caught the imagination of the investing public in Singapore over the past few years. The hot favourite over the last 3 years has been the residential property market in Phnom Penh, Cambodia.  Increasingly, there has been more positive vibes over property in the resurgent Vietnam property market and increasing curiosity over the potential for growth of the Myanmar properties. While investing in each of these countries carries its different unquantifiable risks, it might be worthwhile looking at the measurable factors prior to investing in any of them.  We review some of the typical quantifiable fundamental drivers of demand for real estate in this article.  (more…)

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Developers still gloomy about prospects

BT

(Source: The Business Times, 7 May 2016) The latest NUS-Redas Real Estate Sentiment Index showed developer sentiment remains weak, with the composite sentiment index remaining below 5, despite a slight upturn in the index. The index (which is a derived indicator for the overall real estate market sentiment in Singapore) inched up to 3.8 in the first quarter from 3.5 in Q4 last year. Correspondingly, the current sentiment index rose to 3.9 from 3.6, and the future sentiment index climbed to 3.6 from 3.4. A score below 5 indicates deteriorating market conditions while a reading above 5 indicates improving conditions. (more…)

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