What Is Going To Happen To The Property Market In Singapore
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Other than casting our sights on the native economic scenario, we must additionally track intently the actions in Hong Kong. Why is that singapore property price index data this so? Properly, it's because Singapore and Hong Kong are at all times closely linked by way of property market trends and movements.
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On the general public housing entrance, we've also seen the Cash Over Valuation (COV) of resale HDB flats fall to a greater than two 12 months low to a median of $20,000, primarily based on figures from the SRX. A weakening public housing market will become an overhang for the personal property market.
Different state-owned sites transacted through the period embrace a land parcel at New Higher Changi Road / Bedok South Avenue three that was bought for $419 million ($760.50 psf ppr), whereas an EC web site at Yio Chu Kang Highway singapore condo forum la fiesta was acquired for $183.8 million ($331 psf ppr).
Die Talsohle scheint durchschritten und eine leichte Wachstumsbeschleunigung wird für 2016 erwartet. Die Belebung der Auslandsnachfrage nach Schweizer Waren und Dienstleistungen sollte diese Entwicklung unterstützen. We've already seen a New Yr rally in the Straits Occasions Index, and when you believe that the inventory real estate market singapore 2015 is a number one indicator for the property market, then we could see property prices supported in the coming quarters.