Firm outlook for private housing market belies risk factors
Some analysts flag possibility of fresh cooling measures if developers start bidding aggressively for land
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Singapore
THE outlook for private home prices in 2021 remains firm with most property consultants forecasting prices will appreciate slightly more than in 2020.
A brighter economic outlook, easing of travel restrictions and a reduction in the inventory of unsold private residential units along with low interest rates all bode well for the private housing segment.
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