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07-02-22, 10:29
Will Singapore’s property prices fall this year? What the data tells us
EdgeProp Singapore
February 3, 2022
SINGAPORE (EDGEPROP) - During a 2022 property outlook webinar jointly hosted by EdgeProp Singapore and Huttons Asia on Jan 22, attendees raised questions on various facets of the property market and what to expect in the coming months, especially in light of the new property cooling measures announced by the Singapore government last December.
For Edgeprop CEO Bernard Tong, in view of the current uncertainties, it is important for property owners, investors, and other market participants to consider past trends and historical data that can often provide clues and insight on how the market may react in the present situation.
As a panellist for the webinar, Tong spoke in-depth on the tools available on EdgeProp’s platform that can help distil the data available from portals such as URA Realis and HDB into practical and digestible pieces that users can use to answer some burning questions regarding the property market outlook.
How will property prices react to cooling measures?
A key question raised by several participants during the webinar related to how prices of residential properties will play out, coming off of a stellar year for the market in 2021 and the implementation of the new measures.
To answer this question, Tong used the EdgeProp Market Trends tool (https://www.edgeprop.sg/market-trends), which allows users to see at a glance how property prices and volumes have historically moved on a monthly, quarterly or yearly basis. The free tool allows data to be filtered in various ways, such as by asset class, transaction type, project name or street location, and property size.
https://i.imgur.com/0Y30633.jpghttps://i.imgur.com/4lK7Xox.jpghttps://i.imgur.com/z3Sdjif.jpg
https://i.imgur.com/U9ObuhU.jpghttps://i.imgur.com/WbOtizg.jpg
Read more at: https://www.edgeprop.sg/property-news/will-singapore%E2%80%99s-property-prices-fall-year-what-data-tells-us
EdgeProp Singapore
February 3, 2022
SINGAPORE (EDGEPROP) - During a 2022 property outlook webinar jointly hosted by EdgeProp Singapore and Huttons Asia on Jan 22, attendees raised questions on various facets of the property market and what to expect in the coming months, especially in light of the new property cooling measures announced by the Singapore government last December.
For Edgeprop CEO Bernard Tong, in view of the current uncertainties, it is important for property owners, investors, and other market participants to consider past trends and historical data that can often provide clues and insight on how the market may react in the present situation.
As a panellist for the webinar, Tong spoke in-depth on the tools available on EdgeProp’s platform that can help distil the data available from portals such as URA Realis and HDB into practical and digestible pieces that users can use to answer some burning questions regarding the property market outlook.
How will property prices react to cooling measures?
A key question raised by several participants during the webinar related to how prices of residential properties will play out, coming off of a stellar year for the market in 2021 and the implementation of the new measures.
To answer this question, Tong used the EdgeProp Market Trends tool (https://www.edgeprop.sg/market-trends), which allows users to see at a glance how property prices and volumes have historically moved on a monthly, quarterly or yearly basis. The free tool allows data to be filtered in various ways, such as by asset class, transaction type, project name or street location, and property size.
https://i.imgur.com/0Y30633.jpghttps://i.imgur.com/4lK7Xox.jpghttps://i.imgur.com/z3Sdjif.jpg
https://i.imgur.com/U9ObuhU.jpghttps://i.imgur.com/WbOtizg.jpg
Read more at: https://www.edgeprop.sg/property-news/will-singapore%E2%80%99s-property-prices-fall-year-what-data-tells-us