Private home prices rise faster in Q3 despite Covid-19 recession: The Straits Times

Singapore private residential market remains very resilient, rising faster in Q3 by 0.8% after marginally increasing 0.3% in Q2 and falling 1% in Q1. This reflects a pent up demand for residential home, which is also supported by the various government’s relief measures. Analysts expects prices to remain flat and to hover between 1% to -1% for the whole of this year. The loosening of momentary and fiscal policies around the world and the increased in foreign investment will have a positive effect on the Singapore economy.


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