Results 1 to 2 of 2

Thread: Singapore's home prices and rents still have vast room for upward climb!

  1. #1
    Join Date
    May 2007
    Posts
    237

    Default Singapore's home prices and rents still have vast room for upward climb!

    Property cycles remain alive and churning
    12 June

    The property market's upswing is complete and Singapore is now in the beginning of a boom phase of the real estate cycle. This is welcome news to all those who have suffered the financial embarrassment of seeing helplessly their mortgaged properties slipping into negative equity in the past decade.
    This time round the property bull looks resolute and sustainable with all the economic indices pointing upward.
    Chiefly of all is the ultimate plan to transform the island city into a tourist capital, most visibly headlined by the mega integrated resort (IR) projects which will incorporate a casino each. Next is the systematic push to re-engineer the already established regional hub into a global hub for private wealth management. To accomplish the above, the foundation of high literacy level and a solid middle-class affluence is needed. And that is where the property values come in.
    The virtuous cycle is now on with the vibrancy in the job market and new expatriate residents looking for quality homes. With home rents still lagging behind those in Hong Kong, Tokyo and Seoul, Singapore's home prices and rents still have vast room for upward climb.

    Source: Nationproperty website

  2. #2
    Investor. Guest

    Default Re: Singapore's home prices and rents still have vast room for upward climb!

    Quote Originally Posted by moneyspinner
    Property cycles remain alive and churning
    12 June

    The property market's upswing is complete and Singapore is now in the beginning of a boom phase of the real estate cycle. This is welcome news to all those who have suffered the financial embarrassment of seeing helplessly their mortgaged properties slipping into negative equity in the past decade.
    This time round the property bull looks resolute and sustainable with all the economic indices pointing upward.
    Chiefly of all is the ultimate plan to transform the island city into a tourist capital, most visibly headlined by the mega integrated resort (IR) projects which will incorporate a casino each. Next is the systematic push to re-engineer the already established regional hub into a global hub for private wealth management. To accomplish the above, the foundation of high literacy level and a solid middle-class affluence is needed. And that is where the property values come in.
    The virtuous cycle is now on with the vibrancy in the job market and new expatriate residents looking for quality homes. With home rents still lagging behind those in Hong Kong, Tokyo and Seoul, Singapore's home prices and rents still have vast room for upward climb.

    Source: Nationproperty website

    Good news!
    Hurray!

Similar Threads

  1. Private home prices climb 5%, HDB resale prices up 3.2% in Q4 2021: flash data
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 03-01-22, 09:58
  2. Singapore home loan rates start upward climb
    By reporter2 in forum Finance and Legal
    Replies: 0
    -: 08-12-17, 20:42
  3. Singapore Homes Most Affordable As Rents Climb: Mortgages
    By dtrax in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 02-07-12, 20:16
  4. Private home prices continue upward climb
    By mr funny in forum Singapore Private Condominium Property Discussion and News
    Replies: 1
    -: 27-04-10, 02:56

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •