{"id":112109,"date":"2019-11-01T11:46:23","date_gmt":"2019-11-01T04:46:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-listings-under-mortgagee-sale-grow-by-14-4-in-q3-2019\/"},"modified":"2019-11-03T23:15:14","modified_gmt":"2019-11-03T16:15:14","slug":"residential-listings-under-mortgagee-sale-grow-by-14-4-in-q3-2019","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-listings-under-mortgagee-sale-grow-by-14-4-in-q3-2019\/","title":{"rendered":"Residential listings under mortgagee sale grow by 14.4% in Q3 2019"},"content":{"rendered":"


\nThe growth in residential listings under mortgagee sale was due to added pressures on owners that were overly exposed in the middle of increased volatility in the financial markets.\u00a0
\nThe number of residential listings under mortgagee sale grew in Q3 2019 by 14.4% quarter-on-quarter (QoQ) to 103 listings, making it the sixth straight quarterly increase since Q2 2018, reported Singapore Business Review citing Knight Frank.
\nOn a yearly basis, residential listings under mortgagee sales increased by 77.6% year-on-year (YoY).
\nThe growth in residential listings under mortgagee sale was due to added pressures on owners that were overly exposed in the middle of increased volatility in the financial markets and retrenchments in industries that are restructuring.
\nThe 3M-SIBOR rate in Q3 2019 declined for the first time since Q1 2018, decreasing to 1.877% in September 2019 from 2.002% in June 2019.
\n\u201cGiven that the impact of interest rate on number of mortgagee sale listings is lagged, it is too early to determine whether the lower interest rate will provide a reprieve for homeowners,\u201d Knight Frank said in a report.
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Residential listings under mortgagee sale grow by 14.4% in Q3 2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The growth in residential listings under mortgagee sale was due to added pressures on owners...<\/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-112109","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-tad","jetpack-related-posts":[{"id":122692,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auction-success-rate-drops-to-4-7-in-q3\/","url_meta":{"origin":112109,"position":0},"title":"Auction success rate drops to 4.7% in Q3","date":"October 20, 2021","format":false,"excerpt":"\r A 26.5% decline in the number of overall auction listings overall was also reported, with\u00a0150 listings in Q3 2021, down from 204 listings in Q2 2021. Singapore\u2019s property auction market saw success rate drop 4.7% in the third quarter of 2021, from 6.4% in the preceding quarter, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/property-auction.jpg?fit=820%2C411&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":113624,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/knight-frank-report-auction-listings-jumped-23-9-in-2019\/","url_meta":{"origin":112109,"position":1},"title":"Knight Frank report: Auction listings jumped 23.9% in 2019","date":"January 15, 2020","format":false,"excerpt":"\r The surge in mortgage sale listings was due to higher retrenchments, hikes in interest rates, and drop in rental payments. Given the subdued economic growth in 2019, Singapore saw the number of auction listings, including repeat listings, jump 23.9% year-on-year to 1,387 in 2019, revealed a Knight Frank report.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/condo-listings-under-mortgagee-sale-up-in-q1\/","url_meta":{"origin":112109,"position":2},"title":"Condo listings under mortgagee sale up in Q1","date":"April 3, 2019","format":false,"excerpt":"\r Residential listings under mortgagee sale continue to make up the bulk of total mortgagee listings. Private condominium listings under mortgagee sale have been on the uptrend as mortgage payments have been rising on the back of increasing interest rates. For the first quarter of 2019, non-residential listings under mortgagee\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116147,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auction-success-rate-drops-despite-hike-in-mortgagee-sale-listings\/","url_meta":{"origin":112109,"position":3},"title":"Auction success rate drops despite hike in mortgagee sale listings","date":"May 8, 2020","format":false,"excerpt":"\r Singapore saw total auction listings decline 31.1% year-on-year to 235 in the first quarter of 2020, revealed an Edmund Tie report. However, mortgagee sales slightly increased by 2.6% year-on-year to 160 listings. And much like in 2019, the proportion of mortgagee sales significantly increased to 68% in Q1 2020\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106167,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-prime-residential-properties-going-up-for-auction\/","url_meta":{"origin":112109,"position":4},"title":"More prime residential properties going up for auction","date":"April 17, 2019","format":false,"excerpt":"\r The hike in mortgagee listings for residential properties was attributed to higher interest rates, last year\u2019s cooling measures and the subdued rental market. The number of residential properties from prime districts 9, 10 and 11 that were listed under mortgagee sale rose 53.8 percent quarter-on-quarter, or 233.3 percent year-on-year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auction-listings-rose-34-to-a-new-high-in-2019\/","url_meta":{"origin":112109,"position":5},"title":"Auction listings rose 34% to a new high in 2019","date":"March 11, 2020","format":false,"excerpt":"\r Total mortgagee listings soared 59.1% year-on-year to 751, while owner listings increased 14.8% year-on-year to 707. Singapore saw total auction listings jump 34% year-on-year to a new high of 1,458 listings in 2019 as both owner listings and mortgagee listings registered strong increases, revealed Colliers International. Total mortgagee listings\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\/112109"}],"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=112109"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112109\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}