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Singapore Residential Price Index

Item 4 Description

IRES News

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December 2011

Shoebox apartment prices continue dipping in Nov

The Singapore Residential Price Index released by NUS' Institute of Real Estate Studies showed that prices of completed small apartments have since fallen 3 per cent in November.
The Business Times, 29 December 2011 , p2

Greater rise in prices of resale homes in November compared to October

The Singapore Residential Price Index released by NUS' Institute of Real Estate Studies revealed that the increase in prices of small condominium units had begun to slow down in November.
Lianhe Zaobao, 29 December 2011 , p34


November 2011

Private resale home prices remain flat

The Singapore Residential Price Index, released by the NUS' Institute of Real Estate Studies, showed that resale prices of private homes rose a touch last month, reversing a slight dip in September.
The Straits Times, 29 November 2011 , Money, pB15

Non-landed private home prices up 0.9% in October

The Singapore Residential Price Index, compiled by the Institute of Real Estate Studies at NUS, showed that prices of non-landed private homes climbed 0.9 per cent in October 2011, reversing a three-month trend of zero or negative growth.
The Business Times, 29 November 2011 , p4

Home prices in Singapore up 0.9 per cent last month from September

According to data released by the Institute of Real Estate Studies at NUS, home prices in Singapore inched up 0.9 per cent last month from September.
TODAY, 29 November 2011 , p31


September 2011

Private resale home prices remain flat

The Singapore Residential Price Index compiled by the Institute of Real Estate Studies at NUS showed that prices of private resale homes stayed flat last month following a similar result in July.
The Straits Times, 29 September 2011 , Money, pB21

Central region home prices peaked in May

The latest numbers from Institute of Real Estate Studies at NUS, showed that the Singapore Residential Price Index for Central region in August was down 2.08 per cent from its recent peak in May 2011.
The Business Times, 29 September 2011 , p1

NUS price index for small units up 3.1 per cent in August

The Singapore Residential Price Index figures compiled by the Institute of Real Estate Studies at NUS showed that the sub-index for small units rose by 3.1 per cent last month.
TODAY, 29 September 2011 , p36

"Autumn wind" in property market? Analysts: Still hard to tell

The Singapore Residential Price Index showed that prices of local private resale homes have gone sideways in August for the second consecutive month.
Lianhe Zaobao, 29 September 2011 , p34


August 2011

Singapore private home prices flat last month

According to the Singapore Residential Price Index compiled by the NUS Institute of Real Estate Studies, the prices of private non-landed residential properties in Singapore were relatively unchanged last month.
TODAY, 30 August 2011 , p23

Property prices start to cool down in July

The Singapore Residential Price Index compiled by the NUS Institute of Real Estate Studies showed that the July prices of private non-landed residential properties in Singapore gained only 0.2 per cent from June.
Lianhe Zaobao, 30 August 2011 , Section 2, p24

Reits as another investment option

Prof Deng, Director of IRES talks about investing in REITS, for the average young investor, with limited savings, but who perhaps already has a brokerage account and holds stocks, one accessible means of getting exposure to real estate, would be via real estate investment trusts (Reits).
The Business Times, p11, 8 August 2011


July 2011

Most people believed that HDB prices will continue to rise

Assoc Prof Lum Sau Kim, Institute of Real Estate Studies at NUS, believed that the government's policy to tighten loans could cause prices of smaller units to increase further.
My Paper, 29 July 2011 , pB4

A property index that thinks out of the shoebox

New NUS index showed that price increases of shoebox apartments have been outpacing gains in overall apartment prices since the property market recovery following the global financial crisis.
The Business Times, 29 July 2011 , p1

Institute to have separate price index for shoebox units

The Institute of Real Estate Studies at NUS will introduce a separate index to measure the prices of "shoebox" units, saying their price volatility has a significant impact on overall housing prices.
TODAY, 29 July 2011 , p48

NUS SPRI: Rise in local resale of private home slows down

The Singapore Residential Price Index released by NUS' Institute of Real Estate Studies showed that the increase in local resale private home prices has slowed down in June 2011 as compared to May 2011.
Lianhe Zaobao, 29 July 2011 , Section 2, p28

Shoebox units a cause of more volatile home prices: Study

A study by NUS' Department of Real Estate showed that shoebox apartments have made overall home prices here more volatile, with sharper price gains than larger homes.
The Straits Times, 29 July 2011 , Money, pB23


May 2011

Resale property prices on the rise again

The latest figures from the NUS Singapore Residential Price Index showed that resale property prices increased last month, marking the biggest monthly rise since January's cooling measures.
The Straits Times, 31 May 2011 , Money, pB16

Analysts look beyond April's house price gains

Responding to data released by the NUS Singapore Residential Price Index, property experts noted that there would be a more muted rise in home prices for the rest of the year due to an increased supply of Build-to-Order flats announced by the government.
The Business Times, 31 May 2011 , p1

NUS SRPI shows prices of resale homes continue to rise in April

The NUS Singapore Residential Price Index revealed that prices of local resale homes had been on the rise in April.
Lianhe Zaobao, 31 May 2011 , Section 2, p28

Non-landed private home prices up 1%

Following the release of data by the NUS Singapore Residential Price Index, experts said that the rise in private non-landed home prices in Singapore was due to a pent-up demand.
TODAY, 31 May 2011 , p32

Condominium and private apartments price increased 1% last month

According to the NUS Singapore Residential Price Index, prices of condominiums and private apartments in Singapore rose by 1 per cent in April this year.
Berita Harian, 31 May 2011 , p4

Singapore's Property Market Headed Towards a Perfect Storm?

When a country registers a 15 percent growth rate, as Singapore did last year, there is bound to be a spill-over wealth effect. Singapore's housing market has been cashing in on this big time - prices have rebounded 50 percent in just two years, according to the Urban Redevelopment Authority, and cooling measures by the government have done little to calm them. (download pdf )
CNBC, 29 May 2011


April 2011

Latest property measures more effective: NUS study

A study by the NUS Institute of Real Estate Studies suggested the two latest rounds of property cooling measures in August 2010 and January this year may have been more effective in taming prices of completed non-landed private homes than the earlier two series of tightening measures.
The Business Times, 29 April 2011 , p2

NUS SRPI shows slowing growth in private home prices in Q1

The NUS Singapore Residential Price Index (SRPI) has indicated that growth in the prices of private residential properties had slowed in the first quarter of this year.
Lianhe Zaobao, 29 April 2011 , Section 2, p33

Political Overlords Shackle China's Monetary Mandarins

China's economic policies have transformed the world's most populous country by delivering annual growth averaging 10% over the past decade. But now China is facing its biggest inflation threat since the 1990s. China's leaders call the spike in prices their top economic concern for 2011. Prof Deng Yongheng, Director of IRES is quoted in this article.
Wall Street Journal, 15 April 2011


March 2011

Home prices steady in Q1

Flash estimates from the NUS Singapore Residential Price Index showed that overall home prices dipped 0.4 per cent in February 2011, after rising 2.9 per cent in January 2011.
The Straits Times, 29 March 2011 , Money, pB18

Private home prices rose less than 1% last month

Private home prices rose by less than one per cent in February 2011 from the previous month, according to the latest flash estimates from the NUS Singapore Residential Price Index.
TODAY, 29 March 2011 , pB1

Growth in private home prices to slow down

Based on the latest data from the NUS Singapore Residential Price Index, the growth in the prices of private residential properties is set to slow down after the first quarter of 2011.
Lianhe Zaobao, 29 March 2011 , Section 2, p28

Prices of non-landed homes in central region up

The latest figures from the NUS Singapore Residential Price Index showed that prices of non-landed homes in the central region rose one per cent in February 2011, compared to the preceding month.
MyPaper, 29 March 2011 , pA20

Private home prices drop slightly in February

The NUS Singapore Residential Price Index revealed a small decline in private home prices in February 2011, after stringent measures were introduced in January 2011 to cool speculation.
The New Paper, 29 March 2011 , p10

Home prices slip but the 'centre' still holds

Prices of completed private apartments and condos have slipped slightly, overall, as the government's cooling measures made themselves felt. But those in the most posh part of town are still holding their own.
The Business Times, p1, 29 March 2011


January 2011

On US economy, equities & China's property bubble

IRES speaks at the Singapore's Chinese Chamber of Commerce (SCCCI) Business Outlook 2011 - "Irrational Exuberance in Asian Property Markets?"
Business Times, 20 January 2010

Asian companies well-equipped for shocks

IRES speaks at the Singapore's Chinese Chamber of Commerce (SCCCI) Business Outlook 2011 - "Irrational Exuberance in Asian Property Markets?"
Mypaper, 20 January 2010



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