You are here

Singapore Q2 private home prices surprise with 0.3% uptick

But analysts expect economic headwinds and weaker employment prospects to put downward pressure later in the year

BT_20200725_NRURA25_4185321.jpg
According to the latest report from the Urban Redevelopment Authority, prices of landed properties remained unchanged in Q2.

Singapore

PRIVATE home prices in Singapore edged up 0.3 per cent in a surprising turnaround from an initial flash estimate in early July which had the private residential property index declining by 1.1 per cent.

However, this may be a one-off as most analysts expect economic...

BT is now on Telegram!

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