Residential
No oversupply in property market: Savills Singapore
Mr. Alan Cheong, head of research and consultancy at Savills Singapore, said that barring external shocks, property prices, residential prices will stay elevated, and that there will be an oversupply of homes in 2015 is not the case at all. This came among a recent talk of a possible residential property market crash, especially with more supply coming on board in 2015. Mr. Cheong made his case at Carlton Hotel for Singapore Management University’s (SMU) homecoming celebrations for its Master of Science in Applied Finance programme.
(Source: Business Times)
Sept SRPI worsens for three out of four sectors of non-landed private homes
According to the flash estimates of the Singapore Residential Price Index (SRPI) in September, prices of completed non-landed private homes fell in three out of four categories month-on-month. The only sector that showed an increase by 0.1 percent is ...
