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Property Market Outlook 2021

Consolidating various views and thoughts from different analysts, they have agreed on how 2020 for property market have concluded: Housing and Development Board (HDB) resale prices rose a third consecutive quarter by 2.9 per cent in the fourth quarter of the year — the highest quarterly increase in about 10 years — according to HDB’s …

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Property Views: BT 19 Nov 2020: Luxury Apartments in hot demand despite economic woes

Summary of Article: Home sales in Singapore so far in this pandemic-ravaged year have exceeded expectations. Cash-rich buyers have pushed new homes sales for the first 10 months of 2020 to 8,021, as the unemployment rate rose to 3.6 per cent in September from 3.4 per cent in August. Economists think the unemployment rate will …

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Property Views: BT 14 Nov 2020: From Condo Flippers to Homebuyers

Summary of The views: FOREIGN buying has always been a major force driving real estate markets across the world, and Singapore is no exception. But increasingly, many in the property sector are observing that more foreign buyers now see their Singapore residential property as a home rather than just a quick flip. Anecdotal evidence points …

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