1st Quarter 2007 Real Estate Statistics

FrontPage of Article

Source: www.ura.gov.sg News Release 27 Apr 2007

 

ANNEX C-1

NUMBER OF UNSOLD PRIVATE RESIDENTIAL UNITS FROM PROJECTS WITH PLANNING APPROVALS

Whole Island 4Q/2006 1Q/2007 % Change
UNCOMPLETED UNITS
 

   With Pre-Requisites for Sale 1/

        Launched But Unsold
        Not Launched Yet

   Without Pre-Requisites for Sale
   but with planning approvals
2/

 

32,543
 

9,480

2,536
6,944

23,063

 

32,746
 

10,736

2,168
8,568

22,010

0.6
 

13.2

-14.5
23.4

-4.6

COMPLETED UNITS 3/ 793 567 -28.5
1/

Refers to private residential developments with Housing Developer Licence and Building Plan Approval. Under the Housing Developer (Control and Licensing) Act, a sale licence must be obtained for a project with more than 4 units, if the developer intends to sell the residential units in the development. However, the sale of the residential units can only commence with the approval of the building plans of the development.

2/

Refers to uncompleted private residential developments without pre-requisites for sale but with Written Permission or Planning Permission granted. The sale licences could be obtained within 9 days and building plan approvals could be obtained within 7 days from the date of application for cases where clearances from various technical agencies are obtained and relevant documents are in order during formal submissions.

3/

Refers to unsold units in completed projects which are still licensed.

4/

For a breakdown of unsold units by market segment, please refer to Annex C-2.

 

ANNEX G-1

SUMMARY OF KEY INFORMATION ON EXECUTIVE CONDOMINIUM (EC)
NUMBER OF EC UNITS LAUNCHED AND SOLD IN THE QUARTER

Quarter/Year

 

Number of New Units Launched

 

Units Sold Directly by Developers1

Uncompleted

Completed

2001

1Q/2001

2Q/2001

3Q/2001

4Q/2001

1,677

-

678

384

615

1,541

-

672

387

482

382

33

246

89

14

2002

1Q/2002

2Q/2002

3Q/2002

4Q/2002

894

-

-

665

229

718

81

33

391

213

-

-

-

-

-

2003

1Q/2003

2Q/2003

3Q/2003

4Q/2003

400

60

108

232

-

438

73

155

141

69

-

-

-

-

-

2004

1Q/2004

2Q/2004

3Q/2004

4Q/2004

160

84

-

-

76

226

134

38

29

25

4

-

-

2

2

2005

1Q/2005

2Q/2005

3Q/2005

4Q/2005

325

-

292

-

33

342

26

173

110

33

1

-

1

-

-

2006

1Q/2006

2Q/2006

3Q/2006

4Q/2006

94

-

94

-

-

167

76

53

34

4

17

-

-

-

17

2007

1Q/2007



46



8



14

1  This is compiled from the returns of the quarterly survey on licensed developers based on option given by developers.

 

 

Source: www.ura.gov.sg News Release 27 Apr 2007