24 Aug '17, 7am

Is the property market at a turning point?

Property seekers were keen to find out more about the Kingsford Waterbay project in Upper Serangoon. A recent seminar by PropertyGuru addressed the current state of the residential market, and what buyers and investors need to know to make better property decisions. By Mindy Chong Recent news reports on Singapore’s property market indicates mixed signals. Despite falling prices, developers continue to launch new projects, ponying up record prices in hotly contested land sales and bidding more aggressively for en bloc deals. Transaction volumes have increased from last year, although the rental market is in the doldrums and vacancy rates are set to reach a record high. Some analysts believe the signs point to a potential recovery, while others feel that the market has reached a tipping point. These issues were discussed during PropertyGuru’s recent Guru Talk seminar held at...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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