URA property data

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An honorable member of the Coffee Shop Has Just Posted the Following:

Latest Summary for 1Q14
http://www.ura.gov.sg/uol/media-room...r/pr14-29.aspx (http://www.ura.gov.sg/uol/media-room/news/2014/apr/pr14-29.aspx)

- Private Property index -1.3% in 1Q14, -0.9% in 4Q13
- Vacancy rate of completed private 6.6%
- Private under construction: 80261 units, of which 29482 unsold = 36.7% unsold
- Private + EC under construction: appx 105,000 units

Private Completion Target:
2013: appx 14400 units (history)
2014: appx 19500 units
2015: appx 24600 units

Resale Volume
4Q13: 1206 units
1Q14: 899 units


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