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Though sustained four months apart in the second half to slow down private resale price

Analysts believe that private resale price rebound in the near future, possibly because there are more homes is the owner of the collective sale proceeds to sell, purchase resale units adjacent to the second half, however, with more new homes, the scheme’s launch rise for resale market momentum is slowing.

The City Development Limited (CDL) a developer of Amber Park launched the freehold residential condominium located at District 15 of Singapore. The iconic development had attracted many home buyers in the market. Over the weekend launched had many visitors in the showflat preview.

Local private resale market, there seems to be improvement in May to private resale prices continue to rise, up 0.4% month on month, this is also a private resale price rise in four months.

Analysts believe that private resale price rebound in the near future, possibly because there are more homes is the owner of the collective sale proceeds to sell, purchase of adjacent to resell units. They also believe that during the second half, with more new homes, the scheme’s launch in resale market will slow down momentum.

Analysts believe that private resale price rebound in the near future, possibly because there are more homes is the owner of the collective sale proceeds to sell, purchase resale units adjacent to the second half, however, with more new homes, the scheme’s launch rise for resale market momentum is slowing.

Local private resale market, there seems to be improvement in May to private resale prices continue to rise, up 0.4% month on month, this is also a private resale price rise in four months.

Analysts believe that private resale price rebound in the near future, possibly because there are more homes is the owner of the collective sale proceeds to sell, purchase of adjacent to resell units. They also believe that during the second half, with more new homes, the scheme’s launch in resale market will slow down momentum.

Singapore real estate, according to the joint network announced yesterday the SRX estimates last month, all parts of the resale price of homes in middle-class homes, other central region (RCR), the largest gain in April, followed by 0.8% higher popularity on behalf of other homes in the central region (OCR), prices rose 0.2% on behalf of high-end homes, as well as the core central region (CCR), prices were up 0.1%.

When compared with the same period last year, in May a private resale prices rose 2.3%, core central, central and others outside the core prices rising year on year respectively, 2.4% and 2.6% 1.4%.

In addition, the SRX has adjusted the data for the month of April, the original resale prices going up 0.9%, after adjustments for increased by 0.8%.

Private resale market property cooling measures in July last year after its launch, has been in a weak position. But a gradual rise in house prices since February this year, has so far accumulated a resale price index rose 2.2% 192.6, reported back to the level before cooling measures put in place.

First Pacific Davis (Savills) senior director of research and consulting for zhangmin Zhang Lianhe Zaobao said during a visit last month to turn home prices upward trend surprised. Clearly, the current resale market than I had expected momentum is strong. ”

Last year, after a round of collective sales bandwagon, like luck garden (Goodluck Garden) and tulips Garden Project (Tulip Garden), and some homeowners have been selling house payments and to purchase alternative housing to the resale market. zhangmin Zhang said that this led to increased demand for resale homes as a result of this group of buyers, but not much, and trading volumes have not increased significantly.

In May the SRX data show that a total of 835 unless there’s a change to private units compared with April, though, was more than 24 units, or three percent, but with the same period last year, compared to the volume of homes resold in may also reduce 46.1%.

Dai Yuxiang industries (Edmund Tie & Company) research directors Zhang Yaoqiang resale home prices also believes that more than one consecutive monthly rise, and it does not mean the market to pick up for resale home transactions are still at a relatively low level.

He pointed out that opened last month, new projects such as Amber court (Amber Park), Ying Xinyuan (The Gazania) and Lian Yixuan (The Lilium) per square foot, such as many units are priced at more than $2000. Some buyers, perhaps because of the price is too high for me to hand it over, they turned to relatively low prices and larger space resale units.

But overall, the volume of new homes is still higher than homes resold on local buyers still tend to new projects.

As a result of the second half of the year would have more than one new project launch, Zhang Yaoqiang resale market that will be affected by this