SINGAPORE PROPERTY
·
SUBSCRIBERS
January's strong new home sales likely to be a one-off
Analysts say no more mega projects lined up for the rest of the year
Published Tue, Feb 16, 2021 · 05:50 AM
Singapore
JANUARY's new private-home sales rose 32 per cent to 1,609 over December's 1,217, on the back of launches of a few mega projects, pulling up prices further.
The bulk of January's buyers were locals, but the number of foreign buyers - although small in absolute terms - also rose sharply amid low interest rates and abundant liquidity.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Luxury private home rents jump in Q1 amid wider market slump: Huttons Asia
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents