{"id":112002,"date":"2019-10-30T11:05:40","date_gmt":"2019-10-30T04:05:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/condominium-prices-in-rcr-sees-6-3-rise-in-q3-2019\/"},"modified":"2019-10-30T11:12:56","modified_gmt":"2019-10-30T04:12:56","slug":"condominium-prices-in-rcr-sees-6-3-rise-in-q3-2019","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/condominium-prices-in-rcr-sees-6-3-rise-in-q3-2019\/","title":{"rendered":"Condominium prices in RCR sees 6.3% rise in Q3 2019"},"content":{"rendered":"


\nThe growth was partly due to the revealing of plans for the Greater Southern Waterfront at the National Day Rally.\u00a0
\nCondominium prices in the Rest of Central Region (RCR) grew 6.3% year-on-year (YoY) in Q3 as compared to Q3 2018, reported Singapore Business Review citing Knight Frank.
\nThe growth was partly due to the revealing of plans for the Greater Southern Waterfront at the National Day Rally.
\n\u201cThis announcement pushed up interest in the area, and the new launches in the vicinity sold well in Q3 2019. For instance, Avenue South Residences sold 323 units at an average unit price of $1,943 per sq ft (psf) in Q3 based on the caveats lodged as at 24 September,\u201d said Knight Frank.
\nThere is continued improvement for the price indices of private condominiums under all three market segments of Singapore, built on the price index increase in Q2 2019.
\nThe property price index (PPI) of non-landed private properties in the Core Central Region (CCR) had the biggest improvement, reaching a 2.9% quarter-on-quarter (QoQ) growth to 139.2 in Q3 2019.
\nKnight Frank noted that more homes were purchased in the CCR due to an uncertain economic environment, as properties in the CCR are considered as safe assets most of the time.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Condominium prices in RCR sees 6.3% rise in Q3 2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The growth was partly due to the revealing of plans for the Greater Southern Waterfront...<\/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-112002","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-t8u","jetpack-related-posts":[{"id":122568,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-private-homes-remain-strong-in-q3\/","url_meta":{"origin":112002,"position":0},"title":"Demand for private homes remain strong in Q3","date":"October 13, 2021","format":false,"excerpt":"\r Despite fewer projects launched in Q3 2021,\u00a0there were 3,358 new sale transactions, up from 2,838 in Q2 2021. 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