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November 2024 proved for being an eventful month for that condo resale market. While transaction volumes observed a modest decline, mainly as a result of year’s major wave of new job launches, resale prices created a solid comeback.
The pick-up happened after the Circuit Breaker, and simply didn’t halt climbing – we wrote a far more in-depth explanation on this before in the year, after we mentioned Covid-19 may have ended up becoming a boon to resale flats.
Over-supply: Remote and hybrid get the job done trends threat oversupplying office and retail spaces, potentially minimizing rental yields and market stability in these sectors.
It’s unsure if authorities will extend the deferment period for 2021, but There was no news thus far. This is probably going on the hold out-and-see basis, with One more round of deferments only if we see much more mortgagee sales, skipped home loan repayments, and so on.
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We hope you’ll get to learn your fellow housemates once you move in. The Embassy Household can be a users-only ‘homespace’ for you to meet up with the Figment Local community.
The country's robust economic growth and political steadiness offer a protected setting for these investments, rendering it a favored choice for People wanting to diversify their portfolios.
Singapore’s real estate market in 2025 is incredibly promising for investors. The market is strong due to great overall economy and sensible options. This tends to make Singapore Property Investment incredibly desirable.
Investing in Singapore property desires careful money organizing. In 2025, buyers can look at bank loans and special mortgage deals. With desire rates close to 2.5%, it’s a superb time for you to get funding. It’s crucial that you Evaluate loans to find the best phrases.
All facts about HDB resale flats was taken from the HDB Web-site. The information Condo developer sale Singapore for 3-space HDB flats would not include things like HDB terrace homes as a result of rarity of the flat type. Nonetheless, all figures called “total” incorporate all flat varieties.
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Connectivity is a big offer for property buyers. The TEL line offers quicker access to town and also other portions of Singapore, which is expected to spice up fascination in properties together this route.
While in the mass-market phase, affordability considerations are more pronounced because of The mix of substantial mortgage rates and stagnant profits growth. This has manufactured properties much less accessible to decreased-earnings earners, even further slowing price growth.