Singapore private home prices fall for 7th quarter - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Market Talk

Market Talk Talk about the stock market. We welcome everyone!




Singapore private home prices fall for 7th quarter

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #1 (permalink)  
Old 12-08-2015, 11:04 AM
Junior Member
 
Join Date: Aug 2015
Posts: 6
celine.lim is on a distinguished road
Default Singapore private home prices fall for 7th quarter

SINGAPORE: Prices of private homes in Singapore dropped for the seventh straight quarter, the longest declining streak in more than a decade, and analysts expect the market to continue to soften for the rest of 2015 as property cooling measures take their toll.

The second-quarter private residential property index fell 0.9% from the previous quarter to 144.2, with prices dropping across all market segments, Urban Redevelopment Authority data showed.

Singapore has introduced several rounds of cooling measures since 2009, including higher stamp duties and tougher mortgage conditions, hurting sales volumes. The measures sent prices of private homes down 4% in 2014, the first year of overall price decline since the global financial crisis.

"There is a fair bit of latent demand just waiting in the wings," said Nicholas Mak, executive director of research and consultancy at SLP International.

He said the government would be wary of relaxing measures ""too much or too fast"" if there was a possibility that it could lead to a sharp rebound in prices.

Read more, please click here -> Singapore private home prices fall for 7th quarter

Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
S'pore home prices still falling newsgprop General Discussions 0 14-06-2015 01:29 PM
WAKE UP !! Home prices could dip 20% by end-2015 blackice General Discussions 0 05-10-2013 06:09 PM
Private home prices up to pre-crisis levels Salary.sg Investments and Net Worth 0 03-07-2007 02:22 PM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
7,499 Replies, 2,590,855 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
156 Replies, 74,534 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,733 Replies, 267,304 Views
need some info on CNB
0 Replies, 21 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,290 Replies, 1,902,458 Views
Working in HDB ( 1 2 3... Last Page)
335 Replies, 262,829 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,183 Replies, 965,663 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,905 Replies, 1,081,858 Views
Career as Teacher ( 1 2 3... Last Page)
2,653 Replies, 1,602,219 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,379 Replies, 563,570 Views
Android, iPhone and iPad Apps For...
1 Replies, 2,277 Views
Compare civil service salary ( 1 2 3... Last Page)
10,084 Replies, 5,572,533 Views
High Finance Thread ( 1 2 3... Last Page)
88 Replies, 15,134 Views
Whats your net worth ( 1 2 3... Last Page)
2,727 Replies, 796,220 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,289 Replies, 905,441 Views
What's the graduate officer... ( 1 2 3... Last Page)
51 Replies, 12,442 Views
Interviews related ( 1 2)
10 Replies, 1,010 Views
Summer Internships 2020 ( 1 2 3... Last Page)
70 Replies, 7,894 Views
As a web designer, how much should... ( 1 2)
19 Replies, 9,665 Views
Please Share DBS Average Months... ( 1 2)
11 Replies, 2,600 Views
anyone working at NCS ? ( 1 2 3... Last Page)
386 Replies, 286,135 Views
ST Electronics ( 1 2 3... Last Page)
661 Replies, 209,684 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,785 Replies, 516,303 Views
Roles in accenture singapore ( 1 2 3... Last Page)
375 Replies, 249,933 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
97 Replies, 18,793 Views
MFA- Foreign Service... ( 1 2)
13 Replies, 770 Views
Feeling helpless, need advice...
7 Replies, 475 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:01 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2