Singapore property auction listings likely to gain pace as rates rise

Market watchers point to combination of expiring government credit support, cooling measures and higher mortgage rates

Fiona Lam

Published Wed, Jan 12, 2022 · 05:50 AM

Singapore property

Singapore

MORE properties in Singapore could go under the hammer this year, amid rising interest rates and the expiry of relief measures for borrowers.

Figures from Knight Frank showed that the property auction market was active in 2021 with a total of 670 listings - including repeat listings but excluding properties sold outside of auction - up 35.4 per cent from 2020's tally.

KEYWORDS IN THIS ARTICLE

Property investment

Knight Frank

Edmund Tie

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Property

Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit
Lucrum Capital looks to sell Killiney hotel site for S$195 million

Purchase this article

Property

Property

Singapore property auction listings likely to gain pace as rates rise

Fiona Lam

KEYWORDS IN THIS ARTICLE

Property

Blackstone strikes US$1.6 billion student housing deal with KKR

European real estate deals slump to lowest level in 13 years

Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC

Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co

S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit

Lucrum Capital looks to sell Killiney hotel site for S$195 million

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT