SINGAPORE - After reaching record highs in 2022, the Housing Board resale market may be slowing down. In spite of the record prices, housing demand was strong as prices rose to new highs in many areas. Given the drop in sales volume and softening of prices in the most recent quarter, the most recent round of property restrictions appears to be working to cool the housing market.
Read the full article in The StraitsTimes
Condo, HDB rents climb again in December; slight easing possible in 2023 as supply rises - (The Strait Times)→
/Rent for Housing Board flats and condominiums in Singapore kept rising in the month of December, thus keeping the whole of 2022 a landlords' market. Analysts are pointing out that there may be a minor relief from tenant's expense when more units become available in 2023.
In December, rental prices for condominiums saw an increase of 3%, faster than the 2.8% recorded in November, with those located in central Singapore having a growth rate of 3.9%, as per data revealed on Tuesday by property portals 99.co and SRX. Furthermore, HDB rents also went up by 2.8%, surpassing the 2.5% growth rate seen in November.
Click the title to read the full article on The Strait Times
Michael Tops Again
/Michael Ciola placed 24th in the monthly Top 50 last December 2021
OrangeTee & Tie Won Luxury Lifestyle Awards 2022
/OrangeTee & Tie bagged the Best Luxury Real Estate Consultancy In Singapore at the recently concluded Luxury Lifestyle Awards 2022.
PRIVATE RESIDENTIAL MARKET – REAL ESTATE DATA TREND Q2 2019
/Singapore's property market has performed well in the first half of this year despite the cooling measures and slowing GDP growth. Foreign investors have been streaming back to the market, while well-heeled investors have snapped up luxury homes in the second quarter of this year.
Read More