25 Apr '16, 8am

Many Singaporeans still dissatisfied with housing market: survey - PropertyGuru Singapore

According to a PropertyGuru survey, concern over pricing still remains. (Photo: Someformofhuman/Wikimedia Commons) Many Singaporeans are still unhappy with the state of the local property market, according to PropertyGuru’s latest Property Affordability Sentiment Survey 2016 . About 44 percent of the survey’s 933 respondents reported being dissatisfied with the market. The main cause of unhappiness remains the sky-high property prices. However, the majority of those polled believe home prices will stabilise or fall further in the next six months. Meanwhile, 28 percent of respondents said they are satisfied with the local market, up from 26 percent during the same period in 2014. Close to half of the respondents (48 percent) said they intend to purchase residential property in the next six months, up five percent from 2014. Their optimism is largely due to the good long-ter...

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

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