Just how much will Singapore’s private property sector decline during 2014? That’s the question that everyone wants answered, and in PropertyGuru’s 2014 Market Outlook eBook we give ours.
We look at the factors that will see downward pressure on the market, including a continued softness in volume transactions, increased choice and availability of new units from a 33 percent supply increase, a slight worsening in finance availability and the cost of finance with a .possible 25 percent rate increase.
PropertyGuru also predicts that existing cooling measures will remain during 2014, and external macro-economic factors are likely to shift capital out of Asian markets and Asian investments.
What does this mean for Singapore’s property market, and just how far will transactions and prices fall?
Find out by downloading your free copy of PropertyGuru’s Market Outlook 2014 eBook now.
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
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If you have a property story you want us to publish email: andrew@allproperty.com.sg