pemTransactions down 20% QoQ./em/p pPrivate home price growth in Singapore has slowed to a 1.5% quarterly increase in the first quarter from 2.8% previously, in what property analysts perceive as a sign of persisting cautious buying sentiment.
Private home price growth in Singapore has slowed to a 1.5% quarterly increase in the first quarter from 2.8% previously, in what property analysts perceive as a sign of persisting cautious buying sentiment.
Song expects price growth to ease further this quarter before picking up in the second half as homebuyers observe greater caution with their purchases. She also noted that the average price of private homes have already risen by 35% since the pandemic struck in the first quarter of 2020. Chia Siew Chuin, JLL’s head for residential Research, also expects buyers to maintain a “selective stance” in shopping for homes considering the slew of new condo projects slated for launch this year.
Knight Frank’s research head, Leonard Tay, said homebuyers are likely to assess the project’s quality, location, and the track record of the developer more closely as they are now faced with plenty of options....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
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