Home Prices in Singapore Continue to Slump, Momentum Glance at Investors

Prices of private homes in Singapore in 2016 have plummeted by 3%. This is expected to occur again in 2017 with the same percentage range as 2016. So that the opportunity for you to invest in luxury condos there such as Ola EC

The Urban Redevelopment Authority (URA) noted the fourth quarter of 2016 the decline in prices of private homes in Singapore fell for the 13th time in a row. With a quarterly forecast falling by 0.4% to the end the annual total decline of 3%.

Chief Executive Officer (CEO) of PropNex Realty Ismail Gafoor said that the price reduction will attract investors. However, on the other hand, the downturn also reflects the sentiment that the market is currently sluggish, thus impacting measures to defuse the turbulent property market (especially prices). For 13 consecutive quarters, the price of private homes has plummeted and 2016 is the lowest price since … Read More

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