The Business Times
business-time-50
THE LEVEL GROUND

Consider building executive condos in prime locations

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

Leslie Yee

Published Mon, Aug 14, 2023 · 04:26 PM
    • Building new ECs in prime locations can help locals achieve private housing dreams.
    • Building new ECs in prime locations can help locals achieve private housing dreams. PHOTO: BT FILE

    RELIEF may be in sight for aspiring private home buyers. It looks like home prices and interest rates will not rise further and may even soften.

    In the second quarter of 2023, private home prices slipped 0.2 per cent according to data from the Urban Redevelopment Authority (URA) – the first decline since Q1 2020. 

    Still, private home prices have risen sharply versus pre-Covid days. Based on URA’s data, prices in Q2 2023 rose 26.6 per cent versus Q4 2019.

    Singapore propertyResidentialSingapore residential propertyExecutive condo (EC)Government Land SalesPrime Location Housing model (PLH)The Level GroundSpotlight

    TRENDING NOW

    Why is Apac poised to become such a significant market for aviation?

    Asia-Pacific aviation: is up really the only way?

    Russian President Vladimir Putin (right) meeting Myanmar President Min Aung Hlaing (left) at the Grand Kremlin Palace in Moscow on Aug 18.

    Russia’s ‘pivot to Asia’ takes a turn as it prioritises ties with isolated regimes over bigger economies

    Professional oversight can help investors avoid emotion-led decisions, shares Chew Mun Yew, managing director and head of UOB Private Bank.

    Why disciplined stewardship matters when managing wealth in uncertain markets

    The programme aims to equip accountancy and corporate finance workers with practical skills to use AI effectively and responsibly.

    More than 15,000 sign up for national accounting body’s AI programme in two months

    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