Private home prices growth slows in 1Q2013!

By The Folks @PropTalk - April 1, 2013 17 Comments

Prices for private homes grew at a slower pace in the first quarter of the year.
Analysts say the slowdown is no surprise, after the government's latest round of cooling measures in January.

For private homes, prices moderated in the first quarter of this year, rising 0.5% on average, according to flash estimates from the Urban Redevelopment Authority (URA) Price index.
The 0.5% rise is smaller than the 1.8% growth recorded in the fourth quarter of 2012.

Analysts said the January cooling measures curtailed an otherwise rapid rise in property prices.

"The market is still very flush with liquidity in a very low interest rate environment. The measures had an impact in the first two months of its introduction, that is, in the month of January and in particular in the month February when developers did not launch any new projects. If you look at the February numbers, just over 700 units of primary new home sales were done," said Donald Han, special adviser at HSR International Realtors.

Market watchers said prices of high-end properties in the city are expected to stay somewhat flat - up to 1% growth - for the rest of the year.

But private homes in the suburbs will climb as much as 4 to 5% by the end of the year, as demand is stable and developers continue to dish out projects.
Source: Channel News Asia

17 comments to ''Private home prices growth slows in 1Q2013!"

  1. The monies buyers paid were more. But prices were muted. Amounts were diverted to coffers. Go figure?

  2. Now a days it seems very difficult to find buyers…either local / expat backs off…this will have impact gradually…month by month…prices and transactions are expected to come down….finally condos may touch basics....

  3. Dapatkan informasi lengkap seputar togel online seperti pengeluaran sgp, hasil sgp, togel singapore dan prediksi singapore disini :, jangan lupa ya !!!

  4. situs judi online dengan permainan togel online dengan pasaran togel terbaik yaitu togel singapore disini : notogelsingapore

  5. situs poker qq online terbaik
    agen dominoqq online terpercaya
    9 pkv games terbaik

    forum syair hk , syair sgp , syair sidney terlengkap

    untuk melihat paito hk,data hk,pengeluaran hk,keluaran hk
    kunjungi situs kami :

  6. kami hadirkan bandarqq dan dominoqq yang berbeda dari yang lainnya. bergabunglah dan mainkan permainan nya bersama kami. gabung di sini

  7. bagi anda yang ingin mendapatkan penghasilan dengan cara mudah dan singkat, coba mainkan pkv games di bandarq228 yaitu situs pkv terbaik saat ini, daftar dan buktikan sekarang juga hanya di

  8. judi bola dapat di mainkan di website resmi kami, dapatkan keuntungan member baru sekarang juga
    kunjungi sekarang:

  9. Dapat keuntungan dengan bonus untuk member baru, di website bandarqq dan dominoqq. klik di sini

  10. main di situs slot online uang asli kemenangan anda sudah 100% di bayar. langsung daftar akun baru melalui aplikasi slot online di link

  11. cara pasang angka di bandar togel biar tembus 4 angka. gunakan rumus togel online terpercaya

  12. pertalite springbed merupakan pusat dan distributor segala macam springbed murah berkualitas dan sofa murah berkualitas tinggi.. kalian dapat melihat berbagai varian produk kami hanya di

  13. segala kemudahan dalam memilih situs dominoqq dan bandarqq bisa anda raih di

  14. jadikan diri anda sebagai pemenang di situs bandarqq dan dominoqq terbaik kami
    kemenangan anda sangat diutamakan bagi kami
    segera bermain disini

  15. informasi untuk memenuhi kepuasan anda dalam bermain bandarqq dan dominoqq


  16. Thanks you for sharing a very nice content.
    Kunjungi situs : jos togel