Savills: Slow start to year for Singapore residential market
Savills’ May 2015 Briefing noted that two measures of residential prices in Singapore had fallen by 1.1% q-o-q in 1Q15. Only 1,311 new homes were sold in the quarter: this was the lowest number for a first quarter since 2008. In the secondary market, though, there were 1,344 transactions, or 26% more than in the p.c.p. Major new launches in 1Q15 include Marine Blue, Symphony Suites, The Amore, Sim Urban Oasis and Kingsford Waterbay.
Source : 1 May 2015/Savills/Singapore/RES