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Penthouse in Singapore

Discussion in 'Kota Lainnya' started by haris, Feb 5, 2018.

  1. haris

    haris New Member

    After three years of falling prices, 2018 is looking like the year that the Singapore property market's long-awaited turnaround finally gains traction. Analysts reckon that a trough has been reached though they are careful to tamp down excessive optimism.

    While market watchers generally agree that prices will move up, their forecasts for the increases vary from as low as 3 per cent to a giddy 15 per cent. Most also agree that resales will drive transaction numbers higher this year than last year.

    Sales of new homes, however, are expected to stay at 2017 levels as developers pace out their launches in anticipation of prices going up.

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  2. haris

    haris New Member

    According to the figures released by Urban Redevelopment Authority (URA) based on its surveys of licensed housing developers. Private homes sold by developer in Jan 2018 up by 37% from a year ago.
    Analysts generally termed the January sales as "healthy", especially given that no new private housing or EC projects were launched last month among projects that were still licensed.
    "The firm economic outlook for Singapore this year should continue to drive positive sentiment and confidence in the property market," said Ms Tricia Song, head of research for Singapore at Colliers International.
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