Property Prices

Singapore sticks a pin before property bubble forms

Property investors anticipated a boom in Singapore as prices increased sharply by 9.1 percent over the past year. However, the Monetary Authority of Singapore (MAS) introduced strong measures to dampen what it describes as “euphoria” in the market. By December, MAS issued warnings of “excessive exuberance” in the property market and voiced concern that the market may be oversupplied.

10 July 2018
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Li Ka-shing predicts strong demand for Hong Kong property

Hong Kong’s richest man signaled he sees no end in sight for the demand in property that’s been driving up prices in the world’s most expensive real estate market."Demand remains very strong," CK Hutchison Holdings Ltd.’s billionaire chairman Li Ka-shing said to reporters on Thursday before the start of the annual dinner for his group of companies.

5 January 2018
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Singapore property bulls ignore Central bank's warning into 2018

Singapore developers may extend their share rally into 2018 on a reviving home market, according to money managers and analysts, who say the central bank’s warning on a potential oversupply may not play out for years. After double-digit gains this year, Morgan Stanley sees a 42 percent jump in shares of CapitaLand Ltd., the nation’s largest developer, and a 24 percent increase in City Developments Ltd., the second-biggest, in the next 12 months.

6 December 2017
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‘Hungry Ghost’ month affected home sales in Singapore

Singapore home sales fell in September as developers marketed fewer projects in a month considered inauspicious by Chinese homebuyers.Developers sold 657 units last month, down from a revised 1,246 in August, according to Urban Redevelopment Authority data released Monday. That’s the lowest sales since January.

16 October 2017
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Singapore's home prices rise for first time in four years

Singapore’s home prices rose for the first time in four years, snapping a record run of declines and confirming recent signs that the property market is rebounding.An index tracking private residential prices gained 0.5 percent in the three months ended September 30 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Monday.A jump in home sales and developers’ aggressive bids for land are stoking optimism that the property market is making

2 October 2017
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BNP: Singapore home prices have bottomed

Singapore home prices have reached a bottom and will rebound, while Hong Kong’s “crazy” housing market will continue to defy gravity, according to BNP Paribas.“Very significant” income growth will drive the first leg of a recovery in home prices in Singapore, where property ownership as a proportion of household assets is near a record low, BNP’s Asia-Pacific head of research for financial institutions and property Wee Liat Lee said in an interview while visiting the city-state.

27 September 2017
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Singapore property prices predicted to increase by 10%

After years of declining home prices in Singapore, analysts are expecting a turnaround as early as this year even as most of the government’s property cooling measures remain in place.Singapore property prices will rise between 5 percent and 10 percent next year after bottoming out in 2017, analyst Vikrant Pandey at UOB Kay Hian said.

18 September 2017
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