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Undervalued Properties - Week 01 Oct - 07 Oct
SRX Property Magazine
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SPH Property News

Non-Central Region sees largest price drop for apartments and condos
Non-Central Region sees largest price drop for apartments and condos
1 day ago - The Business Times
PRICES of completed private apartments and condominium units here generally dropped in August over July, with the Non-Central Region faring worst. This is according to the National University of Singapore's (NUS) August 2016 flash estimate for its Singapore Residential Price Index (SRPI) series released on Wednesday.
Property auctions saw $21.2m this quarter
The property market overall has been quiet this quarter but the auction scene has thrived, according to consultancy JLL. It noted that real estate worth $21.2 million has been sold under the hammer, up 42.8 per cent from the second quarter.
Condo buyers offered cheaper options
Two new condos offer many smaller units in a bid to offer potential buyers more pocket-friendly prices.
Many factors lead to decrease in high-end home prices
High-end home prices are bottoming due to reasons such as a significant volume pick-up, return in foreign interest, relatively cheaper pricing compared to global peers and a limited supply in the medium to long term. This is according to the projections of JPMorgan, the latest among market watchers to call for a bottom in the high-end segment here.
Builders urged to adopt productive technologies
To reduce its reliance on foreign manpower, Singapore will need to "fundamentally change" the way it builds and adopts high impact, productive technologies upfront, Senior Minister of State for National Development Desmond Lee said on Wednesday. One way to do so will be for players in the building and construction industries to build capabilities in the building information modelling system to imp

SRX In The News

SRX in the News: Sevi SRX in the News: Sevi
Information overload. Noise. Clutter. We are greatly bombarded by the media on a constant basis. There's just so much to filter to find out what we really need. Fret not, whatever questions that you may have, an Artificial Intelligence (AI) Chatbot can help you process them.
Real Estate Lags other Markets, but Not for Long Real Estate Lags other Markets, but Not for Long
Digitisation makes the transaction of real estate more efficient. A digital representation provides truth-in-advertising in which buyers, valuers, mortgage underwriters, insurance underwriters, and interior designers can assess the property and make well-informed buying and financing decisions.

SRX Analysis

Non-Landed Private Rents and HDB Rents decrease by 0.6% respectively in August 2016
Non-Landed Private Rents and HDB Rents decrease by 0.6% respectively in August 2016
Both Non-Landed Private Rents and HDB Rents decrease by 0.6% in August 2016.
SRX Property News Burst
Who underpaid for their properties in August? District 15 (Katong, Joo Chiat, Amber Road) posted the lowest median Transaction Over X-Value (TOX) ($48,000). srx.com.sg/research/23472/
Who overpaid for their properties in August? District 20 (Bishan, Ang Mo Kio) posted the highest median Transaction Over X-Value (TOX) at $18,000. srx.com.sg/research/23472/
Median Transaction Over X-Value (TOX) in August 2016 is ($11,000). This is a $1,000 decrease compared to ($10,000) in July 2016. srx.com.sg/research/23472/

XTV News

Discover One of Singapore's Richest Cultural Heritage
Once filled with coconut plantations and used as a weekend retreat by wealthy city dwellers, the neighbourhood had developed into a residential suburb by the early 20th century. It became populated by a growing English-educated middle class, including Peranakans.

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