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Bargain hunters watch for further slide in prices

Singapore home prices seen sliding further as vacancies creep up, rentals slip, mortgage sales rise
Wednesday, January 28, 2015 - 05:50
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During the housing boom in Singapore, prices soared 40 per cent to a record in 2013, spurred by low interest rates and demand from foreign buyers.

Singapore

ALEX Zou joined about 100 Singaporeans who packed shoulder-to-shoulder into an auction at the Amara Hotel on a Friday afternoon looking for a cheap home to buy.

The bargain hunters who stuffed themselves into the 50-seat conference room are another sign of the decline of