Think Property Prices Will Fall In 2022? Here’s The One Statistic That May Say Otherwise
By Stacked Homes  •  April 26, 2022
It’s incredible how fast Singapore’s property market can change. Back in September 2019, we were warned of a massive housing glut, with around 31,948 unsold units. At the time, analysts said it would take around four years to clear. From the said article: “The overhang is evident at The Florence Residences in suburban Hougang, about a half-hour subway ride from the popular Orchard Road shopping district. Just 38 per cent of the 1,410 units at the development, which boasts a sparring ring, outdoor cinema, 80m lap pool and rock-climbing wall, have sold since being launched in March.” Today, The Florence Residences is 97.6 per cent sold, and the property market is in a completely different situation. So here we are in April 2022, hearing warnings of just 14,087 unsold homes; the lowest since 2006. Here’s a look at how the current low supply of housing could affect you:...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.

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