{"id":75561,"date":"2018-01-02T10:01:54","date_gmt":"2018-01-02T03:01:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-prices-unlikely-to-spiral-en-bloc-sales-to-slow-down\/"},"modified":"2018-01-02T10:03:02","modified_gmt":"2018-01-02T03:03:02","slug":"home-prices-unlikely-to-spiral-en-bloc-sales-to-slow-down","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-prices-unlikely-to-spiral-en-bloc-sales-to-slow-down\/","title":{"rendered":"Home prices unlikely to spiral, en bloc sales to slow down"},"content":{"rendered":"


\nExperts expect the recovery of Singapore\u2019s real estate market to continue this year following three years of price drops, reported the Business Times.
\nHowever, prices are unlikely to rise too high, like the 38.2 percent surge between mid-2009 and mid-2010, due to existing cooling measures, said JLL National Director of Research and Consultancy Ong Teck Hui.
\nEven the forecasted price growth for 2018 among analysts are varied, with projections ranging from three percent to 15 percent.
\nWhile this year\u2019s total sales volume is anticipated to surpass that in 2017 due to a more vibrant secondary market, sales of new houses could be on par with last year\u2019s level as developers limit their launches to leverage on future price hikes.
\nMeanwhile, Knight Frank Research Head Alice Tan thinks that the strong demand for en bloc sites could continue for another six to nine months until the property market achieves some equilibrium in supply and demand.
\nSavills Singapore Senior Director Alan Cheong estimates that the total potential number of collective sales in Singapore could reach 120. But en bloc sales could slow down as the supply of available sites may have exceeded developers\u2019 landbank requirements.
\n\u201cWe believe that the smaller sites may still be transacted and once these get taken up, the currently over-revving collective sales market may return to an idling state. Therefore, just as the collective sales market came to life out of the blue, it may return to sleep mode just as suddenly,\u201d he added.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Home prices unlikely to spiral, en bloc sales to slow down<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Experts expect the recovery of Singapore\u2019s real estate market to continue this year following three...<\/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-75561","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-jEJ","jetpack-related-posts":[{"id":59228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/frenzy-in-en-bloc-market-unlikely-to-ensue-experts\/","url_meta":{"origin":75561,"position":0},"title":"Frenzy in en bloc market unlikely to ensue, experts","date":"June 29, 2017","format":false,"excerpt":"\r \u00a0 Despite the pick up in activity within the residential en bloc market, with four collective transactions done so far from last year\u2019s three, property experts believe conditions will not return to the peak of 2007, when immigration and global economic growth fuelled the hike in real estate prices,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-en-bloc-appetite-diminishing-rhb\/","url_meta":{"origin":75561,"position":1},"title":"Developers\u2019 en bloc appetite diminishing: RHB","date":"April 11, 2018","format":false,"excerpt":"\r Developers are paying smaller premiums and becoming more selective when it comes to purchasing en bloc sites, said RHB\u2019s analyst. RHB revealed on Tuesday (10 Apr) that property developers are now paying smaller premiums for Singapore en bloc sites, indicating that their appetite for such land is diminishing, reported\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-year-on-how-the-cooling-measures-came-and-shook-up-the-housing-market\/","url_meta":{"origin":75561,"position":2},"title":"One Year On: How The Cooling Measures Came And Shook Up The Housing Market","date":"July 4, 2019","format":false,"excerpt":"\r Today marks exactly one year since the Government dropped the surprise announcement that it was raising Additional Buyer\u2019s Stamp Duty (ABSD) rates and tightening Loan-To-Value (LTV) limits just after 7pm on July 5. The measures, which took effect the next day, came as a surprise, arriving just as property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/07\/higher-absd-rates.png?fit=851%2C617&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":123856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/harder-hitting-cooling-measures-to-affect-home-sales-en-bloc-market\/","url_meta":{"origin":75561,"position":3},"title":"\u2018Harder hitting\u2019 cooling measures to affect home sales, en bloc market","date":"December 17, 2021","format":false,"excerpt":"\r \u2018Harder hitting\u2019 cooling measures to affect home sales, en bloc marketThe new Singapore property cooling measures might see a slow down in the new home sales for December and curbed momentum in the en bloc market. Analysts expect the latest property cooling measures, which describe as \u201charder hitting\u201d, to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/HDB-RESALE-PRICES.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":104413,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pine-grove-tender-a-litmus-test-for-en-bloc-appetite\/","url_meta":{"origin":75561,"position":4},"title":"Pine Grove tender a litmus test for en bloc appetite","date":"February 26, 2019","format":false,"excerpt":"\r 2018 was a successful year for en bloc sale transactions until the government rolled out new property curbs in July. Pine Grove, a former HUDC project at Ulu Pandan Road, is up for collective sale carrying an asking price of $1.86 billion, reported the Business Times. Despite the cautious\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95641,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/collective-sales-success-rate-down-despite-increased-activity\/","url_meta":{"origin":75561,"position":5},"title":"Collective sales success rate down despite increased activity","date":"August 8, 2018","format":false,"excerpt":"\r Property developers in Singapore have become more selective with their acquisitions. Despite the increased activity in the collective sales market, the success rate for en bloc sales has fallen significantly compared to 2016 and 2017 levels, reported Singapore Business Review citing Savills Asia. This comes as developers have become\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\/75561"}],"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=75561"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75561\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}