For residential property investors, the upcoming supply pipeline is an important indicator to keep an eye on because of its impact on rents and prices in the market.
Not long ago in 2013 and 2014, analysts were predicting that there would be doom and gloom in the Singapore residential market in 2016 and 2017 when the residential supply peak hit.
They weren’t exactly wrong as prices has taken a tumble since 2013. It has however since picked up based on flash estimates provided by URA on 2 Oct 2017. The actual figures for 3Q 2017 will be released on 27 Oct 2017.
URA’s flash estimate showing prices rising 0.7% in 3Q2017
What does the supply picture hold for property investors for the next 5 years?
We don’t need to guess because URA has kindly provided the figures for us.
The following 4 charts are based off 2Q 2017 number provided …