Asked by Albert Lim
Will prices & rentals of landed homes set to rise? Is land scarcity in S'pore here to stay & ensure sustainable capital growth? What is the exact percentage of S'poreans living in landed housing? Although landed homes rose 23.4% last year compare to 0.6% in 2004 & 2.4% in 2005 according to URA's index of landed pte residential property, but they have yet to play catch up with their non-landed counterparts, is it truth or false? Is it truth that there are several reasons for optimism across all landed housing segments this year because the price index of landed homes remains some 25% below the peak of 2Q 1996? Emerging from a relatively low base, is it truth that landed properties look more appealing to investors this year? Given the above factors, is it truth that landed housing market should be able to attain capital gains of 15% to 25% this year, notwithstanding the continued US credit turmoil?
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