Hedging against economic uncertainties
One way to hedge against price volatility, but yield higher returns, is to mark out properties in areas within the CCR earmarked for further growth.
AMID uncertain economic conditions arising from global tensions, the prices of private residential properties in Singapore have remained resilient. Based on the Urban Redevelopment Authority's latest residential flash estimates, the overall property price index (PPI) for private residential homes increased 0.9 per cent quarter-on-quarter (q-o-q) to 152.5 points in Q3 2019. That made for a second consecutive q-o-q improvement in the prices of private homes.
The Core Central Region (CCR), comprising Districts 9, 10, 11, the Downtown Core Planning Area …
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