Property
A Look Back on 2011 and Looking Forward to 2012
By Singapore Property Blog  •  December 21, 2011
A Look Back on 2011 and Looking Forward to 2012

By Getty Goh

2011 has been quite an eventful year for properties. With the year drawing to a close, it is timely for us to look back on how property prices have performed in the last 12 months and for me to share my views of how I see the market in 2012.

Overview of the Singapore Private Property market

The URA Private Property Price Index (PPPI) is presently at an all time high. This indicates that private property prices across the board have been rising in spite of the numerous rounds of property anti-speculation measures. The good news is that most of those who bought a private residential property several quarters ago will likely be sitting on decent profits right now. The not so good news is that those who are looking to buy a private property have been having a hard time finding something that is affordably priced.

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By Singapore Property Blog
Propwise.sg is a Singapore property blog dedicated to helping you understand the real estate market and make better buying, selling, renting and investing decisions – minus all the hype and misinformation ...
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