{"id":106215,"date":"2019-04-18T12:17:49","date_gmt":"2019-04-18T05:17:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-residential-market-to-remain-stable-in-2019\/"},"modified":"2019-04-18T13:03:07","modified_gmt":"2019-04-18T06:03:07","slug":"singapore-residential-market-to-remain-stable-in-2019","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-residential-market-to-remain-stable-in-2019\/","title":{"rendered":"Singapore residential market to remain stable in 2019"},"content":{"rendered":"


\nThe pace of new launches is forecasted to pick up from the second quarter of 2019, with CDL launching numerous projects, including a new EC project at Sumang Walk. Source: HDB
\nProperty developers and property services companies expect the residential market to remain relatively stable this year, revealed CGS-CIMB.
\nAPAC Realty expects transaction volumes for 2019 to be comparable with that seen last year \u201cdue to the sheer number of launches offsetting the lower take-up rates at multiple launches\u201d.
\nGet more details on the property market outlook for 2019 here
\nThe pace of new launches is forecasted to pick up from the second quarter of 2019.
\nCity Developments Limited, for instance, is looking to launch 2,434 residential units this year from Boulevard 88, Haus on Handy, Amber Park, the Sumang Walk EC and Sengkang Central sites.
\nAPAC Realty believes that en bloc sellers looking for replacement homes could help prop up the primary and resale markets.
\n\u201cManagement also highlighted that on a relative basis, Singapore property prices remain competitive for China-based buyers which has been a source of strong demand,\u201d said CGS-CIMB analyst Lock Mun Yee.
\nWith the buying appetite from locals and foreign buyers still fairly robust, Lock kept her projection for \u201cprimary sale volume to reach 9,000-10,000 units\u201d unchanged along with the \u201cexpectation for private homes price performance to remain range-bound between zero percent and three percent this year\u201d.
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Singapore residential market to remain stable in 2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The pace of new launches is forecasted to pick up from the second quarter of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106215","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rD9","jetpack-related-posts":[{"id":74416,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ec-site-in-sumang-walk-launched-for-sale\/","url_meta":{"origin":106215,"position":0},"title":"EC site in Sumang Walk launched for sale","date":"December 13, 2017","format":false,"excerpt":"\r HDB has launched a residential site for EC development at Sumang Walk. (Photo: HDB) An executive condominium (EC) site measuring 27,056.4 sq m in Sumang Walk has been launched for sale via public tender on Tuesday (12 December), according to the Housing & Development Board (HDB). Offered under the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81205,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sumang-walk-ec-site-attracts-17-bids\/","url_meta":{"origin":106215,"position":1},"title":"Sumang Walk EC site attracts 17 bids","date":"February 27, 2018","format":false,"excerpt":"\r Map showing the location of the EC site at Sumang Walk. Source: HDB The tender exercise for an executive condominium (EC) site at Sumang Walk in Punggol closed on Tuesday (27 Feb) after attracting 17 bids, said the Housing and Development Board (HDB). The top bid of $509.37 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ec-sales-likely-to-remain-strong-in-q3\/","url_meta":{"origin":106215,"position":2},"title":"EC sales likely to remain strong in Q3","date":"July 31, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Hundred Palms Residences, the latest EC project which was sold out within seven hours. Sales of executive condominiums (ECs) increased by 8.5 percent to 2,026 units in H1 2017 from 1,867 units during the same period a year ago, reported the Straits Times, citing data from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96183,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/august-property-sales-to-fall-as-buyers-postpone-purchases\/","url_meta":{"origin":106215,"position":3},"title":"August property sales to fall as buyers postpone purchases","date":"August 17, 2018","format":false,"excerpt":"\r With buyers holding back purchases during the hungry ghost month, analysts expect property sales for August to be sluggish, reported Singapore Business Review. Colliers International even expects the significant drop in sales to continue to September as the buyers\u2019 knee-jerk reaction to the new housing curbs add up to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rivercove-residences-ec-nearly-80-sold-at-average-965-psf\/","url_meta":{"origin":106215,"position":4},"title":"Rivercove Residences EC nearly 80% sold at average $965 psf","date":"April 16, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Rivercove Residences EC in Sengkang. Rivercove Residences\u2019 first ballot and booking exercise saw close to 80 percent of its 628 units sold at an average price of $965 psf, reported the Business Times. The executive condominium (EC) project in Sengkang, which is this year\u2019s only new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87283,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-investment-sales-to-hit-46-billion-in-2018\/","url_meta":{"origin":106215,"position":5},"title":"Property investment sales to hit $46 billion in 2018","date":"May 7, 2018","format":false,"excerpt":"\r \u00a0 Real estate investment sales in Singapore is expected to grow 15 percent year-on-year to $46 billion in 2018, and climb a further 5.0 to 10 percent in 2019, according to a Colliers International report. In the first quarter of 2018, total property investment sales surged 89 percent to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106215"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=106215"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106215\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}