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Update yourself with the residential market performance in 1Q with the latest Quarterly Statistic Report from PropNex Research team. The report covers Private New Home Sales, Private Resales and HDB Resales.

Read the full analysis of the volume transactions, best-selling launches, PropNex Projects Performance and many more insights that will help you excel in the residential segment during this Circuit Breaker.

Download the PDF of the full report here: http://tiny.cc/egzzoz

Jason Goh
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Jasonhomeproperty.com

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During these 6 weeks, PropNex captured over 65% market share of project deals and here are the top 5 performing projects.

Jason Goh
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CEA no R009965E
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https://www.channelnewsasia.com/news/singapore/couples-more-time-absd-tax-remission-property-covid-19-12708066?cid=FBcna

Married Singaporean couples who bought or plan to buy a second home over the next few weeks will now have more time to sell their first property ...

With a looming recession and amid COVID-19 outbreak, here's what may happen.

*LATEST 🎉 NEW INFOGRAPHICS TEMPLATE: 1Q2020 Private and Public Housing statistics*

*Private New Home sales* performed exceptionally well in 1Q2020, a 16.9% (y-o-y) increment as compared to the same time period in 2019. Despite the sales performance of the private new homes in the first quarter, we can expect a contraction in the second quarter. We are projecting a sales volume in the range of 7,000 to 7,500 units for 2020. A 24% to 29% drop in private new home sales volume as opposed to the 9,912 units sold in 2019.

*Public Housing:* The first quarter of the year experiences a slower start from the post-seasonal break and CNY festivities. Nevertheless, there has been a 21.9% (y-o-y) increase as compared to 2019, when there were 4,835 HDB resale flats transacted.

Jason Goh
98483250
Jasonhomeproperty.com

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*NEW: March 2020 Monthly Private New Home Sales Report!

*Excerpt from the report:* 📈
“A total of 660 private new home sales (excluding ECs) were transacted for the month of March. In the absence of major launches, there was a 32% month-on-month (m-o-m) drop as compared to the 976 units sold in the previous month. However, comparing the first 3 months of 2020 against the 2019 and 2018, we can clearly observe the increase in sales this year. With a 16% (y-o-y) surge as compared to 2019.”

Read the full report here: https://bit.ly/2XLfjCp

Jason Goh
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Jasonhomeproperty.com ... See more

*NEW INFOGRAPHICS TEMPLATE: Developers sold a total of 660 units of Private New Homes for the month of MAR 2020* ✨

*LATEST DATA RELEASED*: A total of 660 units of Private New Homes (Excluding ECs) were sold for the month of March 2020.

Mr Ismail Gafoor mentioned that, “Even though in the absence of major new project launches, sales for the month of March were commendable. Notably, the top 3 non-EC projects were Jadescape, Treasure At Tampines and Parc Esta. Each development moved more than 60 units each.”

Mr.Ismail further stated that, “Despite the current Covid-19 pandemic, rightly priced projects that were previously launched have been a pull-factor in attracting buyers and investors. A trend that we expect to continue in the aftermath of circuit breaker measures.”

Jason Goh
98483250
Jasonhomeproperty.com

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During the Asian Financial Crisis in 1997, people thought Singapore property prices would stop rising forever.

They didn't.

During the dot-com bubble, SARS and September 11, people thought property prices would stagnate.

They didn't.

During the Global Financial Crisis, people said property prices were too expensive and not worth buying.

We all know what happened next.

It's true today's Covid-19 situation is different from what we faced in the past. But if you think about it – dot-com bubble was different from SARS, and September 11 was different from Global Financial Crisis.

Every downturn is different, and people will always say "the world is going to end" to find reasons NOT to invest.

If you believe Singapore will no longer exist in the next five years, sure. Don't invest. Your money will be worthless anyway. Time to learn how to start a fire and plant your own crops.

But if you believe Singapore will recover – and we have absolute faith in this country – then get ready for one of the best opportunities in a lifetime.

Get your money ready, spend prudently, and then hang on for dear life.

All the best – it's a buyer's market. ... See more

https://www.straitstimes.com/business/singapore-private-home-prices-drop-12-in-q1-amid-coronavirus-outbreak

SINGAPORE - Singapore's property market may have caught its first chill from the coronavirus with quarterly private home prices declining for the first time in a year.. Read more at straitstimes.com.

(LATEST FROM URA) 🎉 A total of 975 units of Private New Homes (Excluding ECs) were sold for the month of February 2020!

CEO Mr Ismail Gafoor highlighted, “Although the impact of the Covid-19 virus is reverberated throughout the Singapore’s economy, the private new home sales segment continues to be in strong demand. This is mainly due to attractive pricing adopted by developers. For the month of February, there was a 57.3% increase in sales as compared to January. While, on a year-on-year comparison, it was a 114.3% surge.”

The top 5 best-selling new launches for the month of February were The M, Parc Canberra, Treasure At Tampines, Parc Esta and Jadescape. The M was the best-selling development, with a total of 380 units sold at a median price of $2,439 psf. While, the second best-selling project was Parc Canberra, which sold a total of 324 units at a median price of $1,111 psf.

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Jason Goh
jasonhomeproperty.com

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