3Q07 Real Estate Data

Sale Prices:
(a) Residential: +8.3% (2Q +8.3%, 1st 9mths: +22.9%)
- Landed: +7.5% (2Q +7.1%)
- Non-landed: +8.3% (2Q +8.4%)
(b) Office: +8.1% (1st 9mths: +22.7%)
(c) Shop: +3.0% (1st 9mths: +9.5%)
(d) Industrial: +3.2% (1st 9mths: +15.8%)

Rental Prices:
(a) Residential: +11.4% (2Q +10.4%, 1st 9mths: +32.2%)
(b) Office: +14.8% (1st 9mths: +40.7%)
(c) Shop: +8.1% (1st 9mths: +17.5%)
(d) Industrial: +8.7% (1st 9mths: +22.4%)

Supply:
(a) Residential: +16.4% to 65.4k units (projects U/C and granted approval). 44.5k units expected to be ready from now till 2010. Unsold units at 38,013.
(b) Office Space: 1.4m sqm GFA available, of which 0.61m sqm expected to be completed from now till 2010.

Stock and Vacancy:
- 2 229 residential units were granted TOP.
- Vacancy rate of completed residential units at 5.4% (2Q 4.9%).

Sub-sale:
Sub-sales fell to 1 163 (2Q 1 791), and accounted for 12.7% of all sale transactions (2Q 12.1%).

* URA-3Q07Data , AsiaOne-3QHome *

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