Singapore Sales Rise

News Sponsored by The Coral Lake & Beach Resort

Unbelievable prices at award winning resort

The Coral Lake & Beach Resort

Private property transactions in Singapore rose in May to 1,688, which is close to the all-time record of 1,731 that was reached in August, 2007. The Urban Redevelopment Authority (URA) data is an encouraging sign that the property market in Singapore is already on the rebound.

 

Analysts note that the rise in sales is due to several factors, including gains in the stock market as well as developers who are offering very attractive prices and deals. “The stock market rally which began in mid-March has resulted in positive sentiment that has driven private residential home sales,” says Li Hiaw Ho, executive director of CBRE Research.

 

In another analysis, Jones Lang LaSalle notes that buying sentiment rose by 38 percent in May from the previous month. “Buying sentiments also improved tremendously from a year ago in May where sales were only 453 units, or approximately one third of the May 2009 sales. At the same time, most of the sales take-up has been from projects already launched in the developer’s inventories,” says Desmond Sim, Jones Lang LaSalle´s associate director of research.

 

Approximately 37 percent of the sales were in the core central region, or CCR. The median prices for the CCR range from Singapre$1,150 per square foot to $1,650 per square foot

                                                                                                                                               

  © International Property News by HomesGoFast.com

Overseas Property For Sale in Singapore

Other Overseas Property Destinations...

  Spain   France   Portugal   Bulgaria   Turkey   Cyprus   Greece   Italy   South Africa   Croatia   Egypt   United States   Morocco   Germany   Dubai   Dominican Republic   Hungary   Cape Verde   Brazil   Thailand

 

 

Find overseas property

Real estate guides, luxury homes, property news, investment properties, real estate agents & advice for buying property abroad.

 

Africa and the Middle East

Americas

Bahrain	Cape Verde	Dubai	Egypt		Argentina	Belize	Brazil	Canada
Gambia	Jordan	Mauritius	Morocco		Costa Rica	Mexico	Nicaragua	Panama
Qatar	Saudi	South Africa	Tunisia		Paraguay	Uruguay	Venezuela	USA

 

Asia Pacific

Caribbean

Australia	Cambodia	Fiji	India		Antigua	Anguilla	Barbados	Bahamas
Indonesia	Japan	Malaysia	New Zealand		Caymans	Dom Repub	Grenada	Guadeloupe
Philippines	Thailand				Jamaica	Antilles	St Kitts	St Vincent
					St Lucia	Turks Caicos	Trinidad	Virgin islands

 

Central and Eastern Europe

Western Europe

Albania	Bulgaria	Croatia	Czech Rep		Austria	Cyprus	Finland	France
Estonia	Hungary	Latvia	Lithuania		Germany	Gibraltar	Greece	Malta
Poland	Montenegro	Romania	Slovakia		Netherlands	Italy	Ireland	Portugal
Slovenia	Turkey	Ukraine			Spain	Sweden	Switzerland	UK