We are Providing the Best Property Deals

To offer our clients access to information about the property market in a prompt and efficient manner

Property Market Updates

Singapore Property News: Delivered Directly to You

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that has been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login

Oncoming 21,359 private homes in 2015

Posted by on in Uncategorized
  • Font size: Larger Smaller
  • Hits: 1182
  • Subscribe to this entry
  • Print

Savills reported that 75,188 private residential units are in the pipeline as at end 2014, of which 21,359 will be completed by the end of 2015. Of the supply, only 42,218 units (56.1 per cent) have been sold.

New projects will continue to be released into the market, with a majority of the 2015 releases located in the Outside Central Region (OCR).

Savills highlighted ten major property launches homebuyers should look out for – Botanique at Bartley, Kingsford Waterbay, North Park Residences, Symphony Suites, Marine Blue, Sims Urban Oasis, Parksuites, Pollen & Bleu, South Beach Residences and Victoria Park Villas.

Ms Grace Ng, Deputy Managing Director at Colliers International, recommends homebuyers purchase property now, in the face of rising interest rates.

She told Singapore Business Review that home prices are expected to drop by another five to eight per cent in 2015, and homebuyers should buy while interest rates are still low.

Taken from ST Property

Rate this blog entry:


  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Friday, 29 May 2020