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New Launches Helped To Prop Up Private Home Prices In Q4 2023; Growth In Hdb Resale Prices Continued To Moderate, Flash Estimates Showed

02 January 2024, Singapore – Residential property prices continued to climb in Q4 2023, with private home prices rising at a faster pace quarter-on-quarter – propped up by transactions at new launches. Meanwhile, the price growth momentum in the public housing resale market eased further during the quarter, amidst growing price resistance and cautious sentiment […]

New Launches Helped To Prop Up Private Home Prices In Q4 2023; Growth In Hdb Resale Prices Continued To Moderate, Flash Estimates Showed Read More »

Propnex Budget Wishlist 2024: Recommendations To Help Aspiringupgraders

12 January 2024, Singapore –Various rounds of property cooling measures have brought about more stability in the Singapore residential property market, as prices grew at a more moderate pace and sales volumes tapered. In 2023, private homes prices climbed by 6.7% while HDB resale flat prices rose by 4.8% – substantially slower from the 8.6%

Propnex Budget Wishlist 2024: Recommendations To Help Aspiringupgraders Read More »

Monthly New Home Sales Tumbled To Near 15-year Low In December 2023 As The Lack Of New Launches And Seasonal Lull Put A Drag On Transactions

15 January 2024, Singapore – Developers’ sales tumbled from November to December 2023 amidst a lack of new project launches and the year-end seasonal lull. New private home sales fell by about 83% month-on-month to 135 units (ex. EC) in December, from a high base of 784 units in the previous month – contributed by

Monthly New Home Sales Tumbled To Near 15-year Low In December 2023 As The Lack Of New Launches And Seasonal Lull Put A Drag On Transactions Read More »

Growth In Private Home Prices Moderated In 2023 Amid Slower Sales, While Hdb Resale Market Found Stability In The Year

26 January 2024, Singapore – Private home prices and HDB resale flat prices both rose in Q4 2023, sending the price indices to a record high. While both housing segments booked another year of price increase in 2023, the pace of growth has slowed compared with previous years, as a series of cooling measures since

Growth In Private Home Prices Moderated In 2023 Amid Slower Sales, While Hdb Resale Market Found Stability In The Year Read More »

Monthly Private New Home Sales Doubled In January Due To Low Base Effect; General Buying Sentiment Still Tepid

15 February 2024, Singapore – Developers’ sales jumped by about 108% month-on-month in January to 281 units (ex. executive condos) – from a low base of 135 units in the previous month. On a year-on-year basis, January’s new private home sales were down by nearly 29% from 394 units in January 2023. At 281 units,

Monthly Private New Home Sales Doubled In January Due To Low Base Effect; General Buying Sentiment Still Tepid Read More »

Propnex Soars Into The Year Of The Dragon With A Spot In The Guinness World Record Database

PropNex Management team together with 3,268 of its salespersons, staff and guests broke the GUINNESS WORLD RECORDS title for the Most People Participating in a Lo Hei Salad Toss Simultaneously (in a single venue) at Marina Bay Sands in Singapore on 15 February 2024. 15 February 2024, Singapore –Over 800 hours of kitchen prep by

Propnex Soars Into The Year Of The Dragon With A Spot In The Guinness World Record Database Read More »

Propnex’s Comments On Property-related Announcements In The Singapore Budget 2024

FOR IMMEDIATE RELEASE 16 February 2024, Singapore – Deputy Prime Minister and Finance Minister Lawrence Wong delivered the Singapore Budget 2024 in Parliament today, with the Budget titled Building Our Shared Future Together. In his Budget statement, DPM Wong made several announcements relating to the real estate segment, as summarised below: a) One-year Parenthood Provisional

Propnex’s Comments On Property-related Announcements In The Singapore Budget 2024 Read More »

Weak New Private Home Sales In February 2024 Due To The Lunar New Year Holidays And A Lack Of Project Launches

15 March 2024, Singapore – In February 2024, housing developers sold 149 new private homes (ex. executive condos), down by 47% from the 281 units shifted in the previous month, and lower by nearly 66% on a year-on-year basis from 433 units sold in February 2023. The decline in sales during the month can be

Weak New Private Home Sales In February 2024 Due To The Lunar New Year Holidays And A Lack Of Project Launches Read More »

Propnex’s Comments On The Ministry Of National Development Committee Of Supply 2024 Debate

PropNex’scomments on housing announcements at the Ministry of National Development Committee of Supply 2024 debate 05 March 2024, Singapore – The Ministry of National Development (MND) has today provided more details on the announcements made during the Singapore Budget speech in February. Among them, the Parenthood Provisional Housing Scheme (PPHS) (Open Market) Voucher, which is

Propnex’s Comments On The Ministry Of National Development Committee Of Supply 2024 Debate Read More »

Propnex Extends Free Comprehensive Health Screening To All 12,318* Self-employed Salespersons, Expands Reach To Thailand Market

IMMEDIATE RELEASE (13 March 2024) – PropNex, Singapore’s leading real estate agency, has partnered Let’s Get Healthy Pte Ltd (LGH), a social enterprise focused on strengthening community healthcare, and Mirxes, a Singapore-headquartered RNA technology and early cancer detection company, to provide a first-in-the-industry initiative aimed at early detection and at ensuring the long-term health of

Propnex Extends Free Comprehensive Health Screening To All 12,318* Self-employed Salespersons, Expands Reach To Thailand Market Read More »

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