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Singapore property prices expected to move up, fuelled by en bloc market

OCBC Investment Research also cautions investors about the oil, commodity and banking sectors

Published Fri, Jun 9, 2017 · 09:50 PM

Singapore

PROPERTY prices are expected to move up in the coming months and now may be a good time to start looking if you have not bought your property, said Carmen Lee, head of research for OCBC Investment Research, during a briefing on the mid-year market outlook on Friday.

The rosier outlook for the Singapore property market could be fuelled by the collective sale market, which has seen three major en bloc sales within a week, which would take about 800 to 900 units off the market.

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