26 May '17, 1am

Now’s an ideal time to buy private property: experts https://t.co/YD9xMEmZLq

Now’s an ideal time to buy private property: experts https://t.co/YD9xMEmZLq

Property seekers were keen to find out more about The Creek @ Bukit project in the Upper Bukit Timah area. Amid the property market rebound and stabilising home prices, potential buyers are eager to enter the market, with many focusing their attention on private units located in the RCR and OCR. By Mindy Chong The supply of new residential units is expected to reach 182,506 during the period from 2014 to 2018, but this figure is expected to drop in 2019 and 2020. Despite the economic slowdown, statistics show that 2016 recorded the highest supply of 52,290 public and private homes. Meanwhile, Singapore’s GDP growth eased to 2.5 percent in the first quarter of 2017 and remains positive. As such, several questions remain: Is 2017 a good time to buy private residential properties, what is in store for the market in 2017 and 2018, and what are the prospects for properties in t...

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

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