Across 26 HDB Towns, the median resale psf of an HDB flat experiences a change of -1.23% from June 2017 to July 2017. The under-performing HDB Towns with highest decrease of resale psf comes from Clementi, followed by Serangoon and Bukit Merah with a change of -23.57%, -5.12% and -3.36%, respectively.
Across 26 HDB Towns, the median resale psf of an HDB flat experiences a change of -1.23% from June 2017 to July 2017. The over-performing HDB Towns with highest increase of resale psf comes from Geylang, followed by Jurong West and Bukit Panjang with a change of 5.53%, 4.82% and 4.41%, respectively.
One of the foremost challenges facing humanity is affordable housing. The lack of liveable and affordable accommodation is fast becoming a front-line development issue, affecting diverse cities across the globe, from Lagos and Dhaka to New York and Tokyo. And Singapore is not spared.
As the cost of living in Singapore continues to rise, is affordable housing still possible?
As analysts are speculating that the property market is picking up, figures in SRX's X-Value requests show a strong correlation between the number of monthly X-Value requests and monthly transactions. These figures of X-Value requests can be a forward indicator of the property market activity.
“Singapore is an example of a country that remains conscious of how it utilises its land space given its small size.” cited by Finance Minister Heng Swee Keat, The challenge lies in finding the optimal allocation of land for different types of land use. Therefore, one of Singapore’s strategies is to increase the densities for housing in order to optimise land usage and reduce land required, which led to the growing prominence of high-rise residential buildings today.
You can ask me basic property questions about transactions, listings, project info and X-value.
1. Where is Gem Residences located? 2. Are there listings in Hillview Regency for 3 bedrooms and budget of $1.5m? 3. For how much can I sell my property? 4. What are the latest transactions in Bayshore Park? 5. Is it cheaper to buy HDB in Tampines or Jurong East? 6. What is the plot ratio for The Sail? 7. How many blocks are there in Ang Mo Kio Ave 3?