Classiads Property Update - July 2012 Offer Singapore

From the data compiled by SREE, rental yields for non-landed homes fell between 6.4% - 3.2%.

Analysts attribute this to the fall in COVs and a trend for buyers to purchase HDB units.

There is an anticipated oversupply of properties in the coming months with the launch of fresh projects in the north east. The MND is also confident that new quality HDB flats will be delivered on time.

New parcels of land were released in:

URA to launch the tender for the Reserve List site at Tai Thong Crescent (Parcel C)

Outdoor benches along Marina Bay waterfront promenade unveiled

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