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Non-Landed Resale Property Transactions Dropped Between Dec 2013-Jan 2104

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Fall in Non-Landed Resale Property Transactions in January 2014

The resale market for non-landed resale property as dropped in Jan 2014 when compared to December 2013. 

To quote a report in the Today paper on Apr 12, 2014, "An estimated 310 non-landed private homes were resold in January, a 9.1 per cent drop from December’s 341 resale transactions, according to data from the Singapore Real Estate Exchange (SRX). On a year-on-year basis, sales fell 70.2 per cent." 

On a year to year basis this is a drastic drop and reflects the overall bearish market sentiment brought about by the TDSR cooling measure. On a more positive note (or negative depending on your intentions), the same article stated, "According to the SRX Property Resale Index, overall resale prices of non-landed private residential units gained 2.3 per cent in January, marking the second consecutive monthly rise in prices."

For more browse to: http://www.todayonline.com/singapore/private-home-resale-market-sees-further-decline-transactions#inside

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I am a professional real estate or property agent with the Huttons Realestate Group in Singapore. Huttons markets a great number of properties in Singapore including new condo launches and commercial properties as well as mixed developments.


I am a member of the Huttons sales team which means I can provide you with direct information on those properties. Contact me for invitations to VVIP previews during which you can get first hand information, a better choice of units and discounted prices before the official launch.