{"id":117884,"date":"2020-07-21T11:09:31","date_gmt":"2020-07-21T04:09:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-median-condo-prices-up-in-june-2020\/"},"modified":"2020-07-21T12:03:52","modified_gmt":"2020-07-21T05:03:52","slug":"singapore-median-condo-prices-up-in-june-2020","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-median-condo-prices-up-in-june-2020\/","title":{"rendered":"Singapore Median Condo Prices Up in June 2020"},"content":{"rendered":"


\nDevelopers\u2019 condo sales more than doubled in June to 998 units from the previous month, reported Singapore Business Review citing Jefferies.
\nMedian prices also registered an increase from prior months during the lockdown.
\nThe report, however, noted that primary sales declined 10% year-on-year during the first half of 2020.
\nIncluding executive condos, new sales rose to 1,031 units in June from 510 units in May.
\nRelated article:\u00a0Read about Singaporeans\u2019 attitudes towards the current real estate climate in PropertyGuru\u2019s Singapore Consumer Sentiment Study H2 2020.
\nOn an annual basis, condo sales increased 21% with average unit prices rising to $1,975 per sq ft (psf) in June from $1,849 psf in the prior month.
\nThe top selling projects from the previous month continue to hold their positions in June \u2013 namely, Treasure At Tampines, Parc Clematis, The Florence Residences, Parc Esta, and Stirling Residences.
\nAcquisitions by foreign property buyers increased during the period under review, thanks to virtual viewings\/green lanes.
\nHDB resale volume also picked up, with such buyers mitigating the leasehold risk of public units.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nEugenia Liew, Senior Digital Content Specialist at PropertyGuru, edited this story. To reach her with feedback on this or other stories, email\u00a0eugenialiew@propertyguru.com.sg.\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Singapore Median Condo Prices Up in June 2020<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Developers\u2019 condo sales more than doubled in June to 998 units from the previous month,...<\/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-117884","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-uFm","jetpack-related-posts":[{"id":110134,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-prices-or-not-these-new-condo-units-are-moving-fast\/","url_meta":{"origin":117884,"position":0},"title":"Higher Prices Or Not, These New Condo Units Are Moving Fast","date":"August 23, 2019","format":false,"excerpt":"\r Some private residential projects in Singapore continued to post decent sales rate even as they come with higher unit price and quantum, said Knight Frank. Amber Park sold the highest number of units in the second quarter of 2019, with 157 units sold at an average price of $2,480\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111050,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-tales-at-recent-condo-launches\/","url_meta":{"origin":117884,"position":1},"title":"Two tales at recent condo launches","date":"September 25, 2019","format":false,"excerpt":"\r Despite the slim profit margin, the developers of Cuscaden Reserve and The Antares probably deemed it better to launch the projects now considering the significant supply.\u00a0However, both GuocoLand and Low Keng Huat had enough room to price their projects more attractively and sell more units at launch.\u00a0 Four new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82542,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/orchard-condo-sets-record-psf-prices\/","url_meta":{"origin":117884,"position":2},"title":"Orchard condo sets record psf prices","date":"March 13, 2018","format":false,"excerpt":"\r CDL\u2019s New Futura condo sold 48 units at an average price of over $3,200 psf. Most of the released units in CDL\u2019s recently launched New Futura project have been sold at an average price of $3,200 psf \u2013 the highest in five years, reported Singapore Business Review. The selling\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-condo-prices-in-ccr-rose-10-5-in-q2\/","url_meta":{"origin":117884,"position":3},"title":"New condo prices in CCR rose 10.5% in Q2","date":"September 24, 2019","format":false,"excerpt":"\r This significant price hike of new home sales could be due to the increased demand for luxury homes during the period under review. Image source: OrangeTee The average price of new condominiums in the Core Central Region (CCR) rose 10.5 percent to $3,014 per square foot (psf) in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-up-51-in-sept\/","url_meta":{"origin":117884,"position":4},"title":"New private home sales up 51% in Sept","date":"October 16, 2018","format":false,"excerpt":"\r Buyers waiting for their numbers to be called during the balloting process at JadeScape\u2019s showflat. (Photo: Qingjian Realty) Private home sales in Singapore rose 51 percent in September as developers launched new projects following the Hungry Ghost month and as buyers recover from the impact of recent curbs. Urban\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-down-30-m-o-m-in-april\/","url_meta":{"origin":117884,"position":5},"title":"New private home sales down 30% m-o-m in April","date":"May 16, 2019","format":false,"excerpt":"\r Sales of new condominium units in Singapore fell on the back of fewer project launches last month. Data released by the Urban Redevelopment Authority on Wednesday (May 15) shows that 444 private homes were launched for sale in April, down 75 percent from 1,812 units in the previous month,\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\/117884"}],"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=117884"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117884\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}