Budgeting for changes in the property market
SOFT landing, hard landing? How about no landing?
The term newly in vogue on Wall Street refers to the scenario where inflation stays hot, but the economy continues to trundle along, apparently resilient. It might equally apply to the Singapore property market.
Whether the market would continue to defy gravity and where opportunities now lie was the subject of discussion at a seminar hosted by The Business Times over the weekend. Panellists did not see prices headed for a correction just yet, even with higher interest rates, higher transaction costs and wider economic factors acting as dampeners.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
EU and Asean at 50: time for bold action