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It has now now become a recurring theme for us to share with you monthly caveat data of the previous month divided into 3 articles; private condo, executive condo and landed property. If you don't already know, we have done this for both the months of April and May of 2020. To keep track, you may click on the tag "monthly caveat" above this article under the title to find all articles in this series.

In this article we will be covering June's private condo property gains and losses. As there are a lot to cover when it comes to private condos, as we have done before, we will be segmenting them into their respective regions; Core Central Region (CCR),  Rest of Central Region (RCR) and Outside Central Region (OCR).

Make sure to stay tuned for June's executive condo and landed property's June caveat data which will be coming very soon!

(Source for all tables : URA Realis)

CCR - Resale Gains

Project Name Address Area (sqf) Purchase Price ($) Purchase Date Transacted Price ($) Unit Price ($ psf) Sale Date Gains (%) Annual Gains (%) Completion Date Postal District
CAIRNHILL CREST 8 Cairnhill Circle #06-XX 1206 $ 2,058,000 Apr-14 $ 2,400,000 $ 1,991 8-Jun-20 14% 2% 2004 9
YONG AN PARK 329 River Valley Road #25-XX 6695 $ 3,300,000 Dec-04 $ 10,100,000 $ 1,509 10-Jun-20 67% 4% 1986 9
THE ABODE AT DEVONSHIRE 9 Devonshire Road #13-XX 1012 $ 1,700,000 Jul-07 $ 1,775,000 $ 1,754 17-Jun-20 4% 0% 2002 9
ZENITH 60 Zion Road #06-XX 775 $ 1,301,206 Feb-08 $ 1,435,000 $ 1,852 15-Jun-20 9% 1% 2011 10
SPRING GROVE 53 Grange Road #08-XX 1012 $ 1,000,000 May-09 $ 1,550,000 $ 1,532 16-Jun-20 35% 3% 1996 10
GRANGE RESIDENCES 95 Grange Road #16-XX 2852 $ 3,982,818 Apr-04 $ 6,655,000 $ 2,333 15-Jun-20 40% 3% 2004 10
GRANGE RESIDENCES 95 Grange Road #16-XX 2852 $ 3,955,724 Apr-04 $ 6,655,000 $ 2,333 15-Jun-20 41% 3% 2004 10
THE SHELFORD 1 Shelford Road #02-XX 1033 $ 1,630,000 May-16 $ 1,930,000 $ 1,868 22-Jun-20 16% 4% 2005 11
IRIDIUM 11 Lincoln Road #13-XX 753 $ 1,270,000 Oct-12 $ 1,300,000 $ 1,725 8-Jun-20 2% 0% 2009 11
Read more: June private condo resale transactions

The URA has just released its 2nd Quarter 2020 real estate statistics, and from this we can learn that there has been an overall decrease in prices from the 1st Quarter in terms of private residential property as well as non-landed private residential properties (excluding prices of non-landed private residential properties in the Outside Central Region (OCR) which has remained unchanged). With prices being forecasted to continue to decline during this pandemic period, it may just be the right time for you to start thinking about making investments in the property market while the market is down. If you are in need of assistance you may speak to our sales persons who have an abundance of experience in the real estate and banking fields. You may do so by emailing us at sales@auctionjia.com.sg or by calling 62232801.

(Source: URA Media Release) 

 

COMPARISON OF PROPERTY PRICE INDEX FOR 1ST QUARTER 2020 AND 2ND QUARTER 2020

  Price Index1/ % Change over Previous Quarter
1Q/20 2Q/20 1Q/20 2Q/20
All Residential (1Q09=100) 152.1 150.4 -1.0 -1.1
Landed Property 170.3 165.7 -0.9 -2.7
Non-landed Property 148.1 147.2 -1.0 -0.6
CCR2/ 131.1 131.0 -2.2 -0.1
RCR3/ 152.6 149.7 -0.5 -1.9
OCR 177.2 177.2 -0.4 0.0
Read more: URA release of 2nd quarter 2020 real estate statistics

Previously we have gone over private condo and executive condo property resale transactions. If you have not gotten the chance to read up on these articles, you may find them here: 1. May private condo resale transactions and 2. May executive condo resale transactions. In this article, we will be covering resale transactions of landed properties in Singapore that took place during the month of May. Here we will be showing you caveated data on the resale gains and losses in terrace houses, semi-detached houses as well as detached houses. 

(Source for all tables : URA Realis)

Terrace House - Resale Gains:

Address Area (sqf) Purchase Price ($) Purchase Date Transacted Price ($) Unit Price
($ psf)
Sale Date Gains (%) Annual Gains (%) Tenure Completion Date Postal District
X Jalan Paras 1884 $ 2,150,000 Mar-18 $ 3,700,000 $ 1,960 5-May-20 42% 21% Freehold Unknown 14
XX Everitt Road 1184 $ 2,900,000 Oct-13 $ 3,250,000 $ 2,740 20-May-20 11% 2% Freehold 1991 15
XXX Joo Chiat Road 1668 $ 1,100,000 May-07 $ 3,500,000 $ 2,095 15-May-20 69% 5% Freehold Unknown 15
XXX Loyang Rise 1636 $ 1,430,000 Aug-15 $ 1,530,000 $ 935 29-May-20 7% 1% 99 Yrs From 01/05/1993 1995 17
XXX Nemesu Avenue 1496 $ 1,600,000 Aug-17 $ 2,900,000 $ 1,933 5-May-20 45% 15% Freehold Unknown 20
XX Springside Crescent 1668 $ 2,753,000 Apr-13 $ 2,850,000 $ 1,714 21-May-20 3% 0% Freehold 2014 26
XX Jalan Tari Piring 1690 $ 2,400,000 Nov-14 $ 3,128,000 $ 1,849 22-May-20 23% 4% 999 Yrs From 01/01/1879 Unknown 28
Read more: May landed property resale transactions

Last month, we covered how sales of private properties were doing during the circuit breaker (CB) in April whether it be private condos, executive condos or landed properties. And just last week we did an article on the resale gains and losses of private condos during the month of May. With an overwhelming amount of data, we grouped the data in 3 sectors, Core Central Region (CCR), Rest of Central Region (RCR) and Outside Central Region (OCR). To read that article click here

So to continue our series, in this article, we are covering executive condo resale transactions during the month of May. So far, resale gains have been seen for executive condos in the month of May. The data can be found in the table below.

Also, don’t forget to look out for the next article in this series where we will cover landed properties May transactions.

(Source for all tables : URA Realis)

Resale Gains

Project Name Address Area (sqf) Purchase Price ($) Purchase Date Transacted Price ($) Unit Price ($ psf) Sale Date Gains (%) Annual Gains (%) Completion Date Postal District
ARC AT TAMPINES 3 Tampines Avenue 8 #10-XX 1292 $ 923,800.00 Mar-12 $ 1,200,000 $ 929 28-May-20 23% 3% 2014 18
SEA HORIZON 11 Pasir Ris Rise #09-XX 1335 $ 1,073,000.00 Jul-15 $ 1,250,000 $ 937 20-May-20 14% 3% 2016 18
WATERCOLOURS 31 Pasir Ris Link #05-XX 1098 $ 838,200.00 Jul-12 $ 895,000 $ 815 19-May-20 6% 1% 2014 18
WHITEWATER 31 Pasir Ris Street 72 #08-XX 1141 $ 715,000.00 Apr-10 $ 836,800 $ 733 6-May-20 15% 1% 2005 18
WHITEWATER 25 Pasir Ris Street 72 #06-XX 1141 $ 392,210.00 Dec-02 $ 838,000 $ 734 5-May-20 53% 3% 2005 18
AUSTVILLE RESIDENCES 11 Sengkang East Avenue #02-XX 1098 $ 681,000.00 Jun-11 $ 840,000 $ 765 14-May-20 19% 2% 2014 19
BLOSSOM RESIDENCES 32 Segar Road #08-XX 1356 $ 943,000.00 Jan-12 $ 1,150,000 $ 848 18-May-20 18% 2% 2014 23
BLOSSOM RESIDENCES 32 Segar Road #16-XX 1087 $ 773,000.00 Aug-11 $ 968,000 $ 890 14-May-20 20% 2% 2014 23
THE CANOPY 75 Yishun Avenue 11 #06-XX 1206 $ 798,000.00 Dec-10 $ 980,000 $ 813 11-May-20 19% 2% 2014 27

To continue to keep you posted on how sales of private condos are doing during circuit breaker (CB) period, we are providing information of sales transactions in May 2020 below. We have compiled three lists of caveat data showing private condo resale transactions. These lists are broken down by their respective regions, Core Central Region (CCR),  Rest of Central Region (RCR) and Outside Central Region (OCR).

In the tables below you can find all the necessary information including profits and losses.

Also, don’t forget to look out for ECs and landed properties’  caveat coming soon!

(Source for all tables : URA Realis)

CCR - Resale Gains

Project Name Address Area (sqf) Purchase Price ($) Purchase Date Transacted Price ($) Unit Price ($ psf) Sale Date Gains (%) Annual Gains (%) Completion Date Postal District
THE SAIL @ MARINA BAY 2 Marina Boulevard #66-XX 883 $ 1,112,580 Oct-06 $ 1,565,000 $ 1,773 5-May-20 29% 2% 2008 1
DORSETT RESIDENCES 331 New Bridge Road #06-XX 484 $ 908,000 May-10 $ 915,000 $ 1,889 4-May-20 1% 0% 2013 2
8 @ MOUNT SOPHIA 10 Mount Sophia #09-XX 2497 $ 1,509,512 Mar-05 $ 2,620,000 $ 1,049 26-May-20 42% 3% 2007 9
PARC CENTENNIAL 100 Kampong Java Road #04-XX 1249 $ 1,414,000 Jun-09 $ 1,700,000 $ 1,361 12-May-20 17% 2% 2011 9
WATERMARK ROBERTSON QUAY 1 Rodyk Street #10-XX 1916 $ 2,600,000 Apr-07 $ 3,010,000 $ 1,571 6-May-20 14% 1% 2008 9
GARDENVILLE 10 Walshe Road #05-XX 2659 $ 3,700,000 Jun-02 $ 4,510,000 $ 1,696 19-May-20 18% 1% 1999 10
NASSIM PARK RESIDENCES 19 Nassim Road #03-XX 3466 $ 10,345,860 Jun-08 $ 10,600,000 $ 3,058 4-May-20 2% 0% 2011 10
BALMORAL GATE 33 Balmoral Road #16-XX 1636 $ 2,100,000 May-17 $ 2,700,000 $ 1,650 6-May-20 22% 7% 1994 10
DUKES RESIDENCE 27 Duke'S Road #01-XX 1152 $ 2,021,000 Oct-11 $ 2,300,000 $ 1,997 15-May-20 12% 1% 2011 10
THE TESSARINA 26 Wilby Road #05-XX 1367 $ 2,240,000 Apr-13 $ 2,439,800 $ 1,785 6-May-20 8% 1% 2003 10
LEIGHWOODS 37 Mount Sinai Rise #02-XX 2217 $ 980,000 Sep-05 $ 2,880,000 $ 1,299 11-May-20 66% 4% 1985 10
AMARYLLIS VILLE 20 Newton Road #12-XX 958 $ 1,150,000 Aug-09 $ 1,460,000 $ 1,524 5-May-20 21% 2% 2004 11
Read more: May private condo resale transactions

With the release of URA lst Quarter 2020 real estate statistics, we have extracted the following tables which will enable you to make your investment decision in property. Whether you are a HDB owner, whose property is reaching Minimum Occupation Period (MOP), or an EC Owner whose property has reached its 5 year MOP and you are thinking of upgrading, right sizing or purchasing a second property for passive income, you need to assess your own situation in  the light of present economic environment, post Covid19.  To quote our DPM in Business Times, "markets cannot defy gravity.  It has to be linked back to the real economy, and if the real economy is going to be in the doldrums for a while, he does not think markets can remain buoyant and get detached." "We are in a situation where you have negative rates all over the world, and therefore, there is a scramble in the search for yield and markets are moving up because of that."

You also need to study the supply statistics. So invest wisely. If you need assistance, speak to our sales persons who have real estate experience and banking background.  Email our sales@auctionjia.com.sg or call 62232801.

 

Private residential market at a glance:

*Figures exclude Executive Condominium (ECs) 

(Source: URA Media Release)

Key Indicators Change 4Q2019 1Q2020
Price Index -1.0% 153.6 152.1
Rental Index +1.1% 104.5 105.6
Take-Up* -12.0% 2,443 2,149
Pipeline Support* -0.6% 49,173 48,868
Vacancy Rate* -0.1% point 5.5% 5.4%

 

Quarterly Property stock  2016-2020

(Source: Realis)

 

Private Residential Stock - Non Landed (2016 - 2020)

Period Core Central Region Rest of Central Region Outside Central Region
2016Q1 64543 80270 113285
2016Q2 65023 81532 119808
2016Q3 65395 83665 122086
2016Q4 66429 85337 123719
2017Q1 66768 85972 126888
2017Q2 67599 86786 128984
2017Q3 67985 87490 131867
2017Q4 69837 89450 132247
2018Q1 70608 89370 132726
2018Q2 70671 89453 133469
2018Q3 70624 89927 133156
2018Q4 70560 90987 135305
2019Q1 70202 90899 136738
2019Q2 69780 90638 138133
2019Q3 69627 90788 138324
2019Q4 69310 91526 139323
2020Q1 70007 91618 139839
Read more: URA release of 1st quarter 2020 real estate statistics

When it comes to purchasing the condo of your dream, there are numerous options to consider. But for some, new launches are still the preferred choice. Why? Because, 1. they are easier to rent out 2. newer and better condo facilities 3. hassle free warranties provided by developer. So if you have had your eyes set on buying a new launch condominium, here are a couple of tables showing balance units at new launch condos that are currently under construction. Naturally, we have segmented them into 3 tables showing condos in the Core Central Region (CCR), Rest of Central Region (RCR) and Outside Central Region (OCR). If you are interested in any of the condos named below or if need assistance in your decision making, don't think twice about calling us. We thrive in helping you find the home of your dream according to your unique needs. To contact us you may email us at Sales@auctionjia.com.sg or call us at 6223 2801.

(Source for all tables : URA Realis)

CCR

Postal District Project Name Street Name Developer Total Units in Project Uncompleted Units - With Pre-requisites (Not Launched) Uncompleted Units - With Pre-requisites (Launched) Uncompleted Units - With Pre-requisites (Sold) Uncompleted Units - With Pre-requisites (Launched but Unsold)
2 Sky Everton Everton Road SL Capital (6) Pte Ltd 262 0 262 207 55
9 8 Hullet Hullet Road Hullet Development Pte Ltd 44 0 44 37 7
9 Haus On Handy Handy Road CDL Regulus Pte Ltd 188 148 40 33 7
9 Kopar At Newton Makeway Avenue CEL Newton Pte Ltd 378 370 8 1 7
9 Martin Modern Martin Place Martin Modern Pte Ltd 450 30 420 379 41
9 RV Altitude River Valley Road RH Capital Two Pte Ltd 140 77 63 41 22
9 The Avenir River Valley Close Carmel Development Pte Ltd 376 336 40 18 22
9 The Iveria Kim Yam Road Macly Iveria Pte Ltd 51 0 51 13 38
10 120 Grange Grange Road RH Orchard Pte Ltd 56 6 50 46 4
10 19 Nassim Nassim Hill Parksville Development Pte Ltd 101 76 25 1 24
10 3 Cuscaden Cuscaden Walk SL Capital (2) Pte Ltd 96 0 96 82 14
10 Boulevard 88 Orchard Boulevard Granmil Holdings Pte Ltd 154 54 100 92 8
10 Cuscaden Reserve Cuscaden Road Cuscaden Homes Pte Ltd 192 0 192 4 188
10 Dalvey Haus Dalvey Road Dalvey Breeze Development Pte Ltd 27 0 27 1 26
10 Fourth Avenue Residences Fourth Avenue Valleypoint Investments Pte Ltd 476 231 245 115 130
10 Jervois Treasures Jervois Road Fragrance Treasures Pte Ltd 36 0 36 0 36
10 Juniper Hill Ewe Boon Road Allgreen Properties Limited 115 63 52 12 40
10 Leedon Green Leedon Heights Asia Radiant Pte Ltd 638 588 50 41 9
10 One Draycott Draycott Park Champsworth Development Pte Ltd 64 0 64 3 61
10 One Holland Village Residences Holland Village Way Commons Residential Pte Ltd/
Commons SR Trustee Pte Ltd/
Commons Commercial Trustee Pte Ltd
551 140 156 124 32
10 Parksuites Holland Grove Road Kentish View Pte Ltd/Lucky Pinnacle Pte Ltd 119 69 50 24 26
10 Petit Jervois Jervois Road Jerwyn Pte Ltd 55 53 2 2 0
10 Royalgreen Anamalai Avenue Sky Top Investments Pte Ltd 285 177 108 56 52
10 Sloane Residences Balmoral Road TSky Balmoral Pte Ltd 52 0 52 4 48
10 The Hyde Balmoral Road Aurum Land Pte Ltd 117 0 117 16 101
10 Van Holland Holland Road KBD Holland Pte Ltd 69 0 69 15 54
10 Wilshire Residences Farrer Road TE2KS-RH Pte Ltd 85 65 20 10 10
11 10 Evelyn Evelyn Road Creative Investments Pte Ltd 56 0 56 5 51
11 35 Gilstead Gilstead Road TEE Forward Pte Ltd 70 0 70 29 41
11 Dunearn 386 Dunearn Road RH Central Pte Ltd 35 0 35 8 27
11 Fyve Derbyshire Derbyshire Road RH Developments Two Pte Ltd 71 35 36 24 12
11 Neu At Novena Moulmein Rise RH Novena Pte Ltd 87 12 75 70 5
11 Pullman Residences Newton Dunearn Road EL Development (Horizon) Pte Ltd 340 315 25 8 17

 

Read more: New Property Launches - Available Units