The Business Times
business-time-50
PROPERTY INSIGHTS
·
SUBSCRIBERS

Rising risks in home prices; waterfront living

google-preferred-sourceAdd BT as a preferred source
Leslie Yee

Leslie Yee

Published Tue, Oct 17, 2023 · 03:14 PM
    • With higher borrowing costs, widespread inflation, and economic uncertainty, analysts expect buyers to be cautious and new private home sales for 2023 to be below that of 2022, writes BT senior correspondent Leslie Yee.
    • With higher borrowing costs, widespread inflation, and economic uncertainty, analysts expect buyers to be cautious and new private home sales for 2023 to be below that of 2022, writes BT senior correspondent Leslie Yee. BT SCREENSHOT

    SOME fizz is coming off Singapore’s residential property market. 

    Developers sold 217 private homes in Singapore in September, down 44.9 per cent from the 394 units moved in August, according to data released by the Urban Redevelopment Authority. 

    The latest September sales figure – which excludes executive condominiums – is also less than a quarter of the 987 units sold in the same month in 2022, and is the lowest since December 2022.

    Property Insights

    TRENDING NOW

    Beijing has said that the measures are designed to clean up the capital market and steer investors towards regulated channels for overseas investment.

    China traders rush for exit after cross-border flow crackdown

    Pham Nhat Quan Anh, 33, is also vice-chairman and standing deputy general director at VinFast Trading and Production.

    Eldest son of Vietnam’s richest man steps up as VinFast chair

    The latest ruling comes after the claimant submitted an appeal against the South Jakarta District Court's Feb 9 decision that declared his lawsuit "inadmissible".

    Indonesian court upholds earlier dismissal of 2.28 trillion rupiah claim on Keppel unit’s land

    US President Donald Trump with President Xi Jinping after a visit to Zhongnanhai Garden in Beijing, on May 15.

    Xi Jinping has just rewritten the rules of US-China rivalry

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More