Tag Archives: Homes

Resale prices of non-landed private homes dip in September, but volume increases

Resale prices of non-landed private homes fell 0.3 per cent in September from the previous month, SRX Property said in its flash report on Tuesday.

The lower figure was attributed to a 2.1 per cent fall in resale prices of homes in the Outside Central Region (OCR).

In comparison, prices of non-landed private homes in the Core Central Region (CCR) and Rest of Central Region (RCR)went up by 0.9 per cent and 2.9 per cent, respectively.

Prices of homes in the CCR has continued to rise after a 4.2 per cent gain in August.

According to the the SRX Property report, resale prices of non-landed private homes have dropped 4.6 per cent from September 2013. They are also 5.6 per cent lower from a peak in January this year.

On the other hand, resale volume increased by 15.3 per cent in September. An estimated 468 Non-landed Private Residential units were resold in September, up from 406 transacted units in August.

Year-on-year, resale volume improved 13.3 per cent compared with 413 units resold in September 2013. Resale volume is down 77.2 per cent when compared to its peak of 2,050 resold in April 2010.

Rental volume decreased by 14.0 per cent in September. An estimated 3,171 Non-landed Private Residential units were rented, down 14 per cent from the 3,688 units rented in August.

Year-on-year, rental volume in September 2014 is 8.7 per cent higher compared with the 2,916 units rented in September 2013.

Rental prices have also continued to fall. According to the SRX Property, rents dipped 0.2 per cent in September compared to August.

Non-landed private residential units in RCR and OCR saw decreases in rent of 0.6 per cent and 0.9 per cent respectively, while units in CCR posted a rent increase of 0.3 per cent.

– See more at: http://business.asiaone.com/property/news/resale-prices-non-landed-private-homes-dip-september-volume-increases#sthash.RZNc85Vd.dpuf

Property Investors now look increasingly to Office and Retail Segments


LED by rising rents and limited supply in the near-term, investment activities are expected to hold up for office and retail space. The absence of additional buyer’s stamp duty (ABSD) and seller’s stamp duty (SSD) in the commercial space is also making this segment more appealing to investors.

Knight Frank executive director Mary Sai noted that the Singapore retail and office markets are among top picks in Asia for foreign investors, who face heftier ABSD than locals in the residential market.

“Robust economic growth, stable government, low unemployment, strength of Singapore dollars, are some compelling pull factors for foreign investors in our commercial properties,” she said at the National Real Estate Congress yesterday.

“Another reason why people move over to commercial property is because the absolute sum of capital to be paid is affordable,” Ms Sai added, citing the example of Alexandra Central, which had 43 per cent of transactions below S$1 million. The project that was launched in January last year had 98.3 per cent of strata-titled retail space sold out within one day.

CK Homes

In this weekend’s copy of Business Times, there was an article on Calvin Klein Home installation at old Kallang Airport. According to the article. According to the article, Calvin Klein Home was started in 1995. From a range of bedlinen, the home collection has now grown to nine categories of products, including bedding, bath, dinnerware, tabletop, table linens, giftware, rugs, down, and furniture.

“The Calvin Klein Home client is “a modern man or woman, who knows the brand well and is already wearing the apparel and who wants the pared down minimal lifestyle.” Just as with its fashion counterpart, the look of the Home collection is “very understated, it is about quiet luxury and elegance. ”

I took a look at the website and saw quite a number of designs, though minimal. For those well-heeled and wants a branded home apparel choice, can consider this option. I personally hope to pop by old Kallang Airport to see if the installation is still there.

The link is http://explore.calvinklein.com/en_US/explore/ckhome/home/products/-curator-collection-upholstered-furniture-T132-TLNK132?elementid=MEDIA877

Calvin Klein Home website


Calvin Klein Home