01 Jun '18, 3am

Private property market well on road to recovery despite slight dip in May

Completed private property prices dipped slightly in April but industry experts are confident the market is well on road to recovery. 0.3% dip in completed private home prices a possible technical blip There was a 0.3% dip in April’s completed private home prices, following a 1% rise in March. But the en bloc market has been remarkably active and buyers’ responses have continued to be fervent. While these factors are not the only ones signaling a market recovery, they are significant in determining the health of the real estate industry. Singapore’s economy and job market have improved and sentiments are positive all-around. While the road may not be entirely smooth, property analysts still expect prices to rise this year. Pool, 120 Grange . There was a 0.8% drop in prices of apartments in the central region (districts 1 to 4 and 9 to 11). Small units in this region contin...

Full article: https://www.iproperty.com.sg/news/private-property-market...

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