PHole Prices Continue to RISE Woh!

[makapaaa]

Apr 1, 2010

HDB resale prices up 2.7%

<!-- by line -->By Jessica Cheam
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The cash upfront paid by buyers above the valuation of a flat, known as cash-over-valuation (COV), also stabilised at a median of $25,000 for the first quarter, according to flash estimate released by the HDB on Thursday. -- ST PHOTO: ALPHONSUS CHERN

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PRICES of Housing Board resale flats continued its upwards march, rising 2.7 per cent in the first quarter from the previous three months.
But the price rise has moderated this quarter, coming lower than the 3.9 per cent increase in the fourth quarter of last year compared to the previous quarter.
The cash upfront paid by buyers above the valuation of a flat, known as cash-over-valuation (COV), also stabilised at a median of $25,000 for the first quarter, according to flash estimate released by the HDB on Thursday.
While this is still $1,000 more than the previous quarter, it is much lower than the $12,000 jump in median COV from the third to fourth quarter last year..
The HDB has so far offered 3,700 new flats under its build-to-order system this quarter, and flat buyers will be offered another 1,200 flats in Punggol this month.
From May to September, HDB said it will launch another 7,400 flats and if demand remains strong, it will launch more new flats in the fourth quarter.

 

[makapaaa]

Apr 1, 2010

Private home prices up 5.1%

<!-- by line -->By Joyce Teo
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Private home prices continued their climb in the first quarter, surging 5.1 per cent, from 7.4 per cent in the previous quarter, according to flash estimates released by the Urban Redevelopment Authority on Thursday. -- PHOTO: HIAP HOE

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PRIVATE home prices continued their climb in the first quarter, surging 5.1 per cent, from 7.4 per cent in the previous quarter, according to flash estimates released by the Urban Redevelopment Authority on Thursday.
In tendem with this, Housing Board's resale flat prices also rose 2.7 per cent, from 3.9 per cent in the previous quarter.
The URA said prices of non-landed private homes rose by 4.5 per cent in the Core Central Region, 7.2 per cent in the Rest of Central Region and 3.9 per cent in the Outside Central Region areas in the quarter.
In the fourth quarter of last year, prices of non-landed private residential properties climbed by 7.3 per cent in the Core Central Region, 9.5 per cent in the Rest of Central Region and 6.3 per cent in the Outside Central Region areas.
The URA flash estimates are compiled based on transaction prices given in caveats lodged during the first 10 weeks of the quarter, supplemented by information on the number of new units sold.
The statistics will be updated four weeks later.

 

[halsey02]

Mabrokey...just do not have the faintest idea?...he I am sure he knows how much pay he is getting!!