Residential [electronic resource]
Residential [electronic resource]
- Savills Research Singapore Market in Minutes 16 December 2011 .
New residential propery sales in Singapore are expected to slow in response to the worsening macro-economic conditions and additional property curbs, while leasing volume is expected to reach an historical high in 2011. Prices of new mass-market homes could dip 5%, while prices for high-end nonlanded homes may fall by 10% in 2012. Rents may correct by 5% in 2012.
Singapore
New residential propery sales in Singapore are expected to slow in response to the worsening macro-economic conditions and additional property curbs, while leasing volume is expected to reach an historical high in 2011. Prices of new mass-market homes could dip 5%, while prices for high-end nonlanded homes may fall by 10% in 2012. Rents may correct by 5% in 2012.
Singapore