Welcome to this week’s market news update.
We are already in quarter 2 of 2022. Singapore properties are turning the sunny side up with the borders reopening and the economy reviving. If you are thinking of growing your investment, the HOT! HOT! Singapore commercial market is your calling.
The article is an expose of how commercial properties in Singapore are performing in the first quarter of 2022. It can help you to look at whether it’s wise to invest in commercial properties right now. Further, you will see which commercial real estate is dominating the market, thus, having the potential to generate good cash flow and appreciate over time.
We bring you the highlights of Singapore real estate this week. It seems that post the cooling measures, residential properties are put up for sale with promotions to motivate buyers to buy.
PRICE cuts are ongoing at the recently-launched luxury condominium Perfect Ten in prime District 10, with some discounts exceeding the 5 per cent offered just last December – 3 days after new cooling measures kicked in.
If you are interested to buy residential property, it is in fact the ideal time. The market has less competition with few buyers on the scene. You can take the advantage of this promising time to buy an undervalued residential property with good prospects.
Wondering what to exactly look for?
AN ELEVATED freehold residential landed site at 5 Oxley Rise in District 9 with an enormous size of 151,205 square feet (sq ft) has been put up for sale by public tender, with offers in excess of S$300 million expected.
In our UPCOMING SEGMENT, we will talk about stagflation and what it means for Singapore properties. The topic is of imminent importance with the current global events, such as below, affecting real estate.
CHINA’S property sector contracted for a third straight quarter, a sign that real estate was still dragging on the economy, even before the recent Covid outbreaks and lockdowns began to escalate.
For more such real estate insights, subscribe to our weekly market news update. They will help you to make the right move on one of the biggest decisions in your life, buying a property!
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