April 4, 2023

Private home prices gained 3.2% in the Q1 2023, despite a drop in volume.

Private home prices gained 3.2% in the Q1 2023, despite a drop in volume. The surge in landed property prices and overall growth in non-landed prices fueled this increase, especially in the city fringe area, which outperformed other areas with a 4% jump in prices. One factor that will sustain price growth in Singapore's real estate market is that developers are unlikely to reduce prices due to low...

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