The URA’s 3rd Quarter report shows a slight rise in private home prices amid intricate market dynamics influenced by broader economic factors and public sentiment.
Singapore’s URA reports a 0.5% rise in private residential property prices for Q3 2023, a cautious rebound from Q2’s 0.2% decline. While non-landed properties saw growth, landed property prices dipped. Dr Tan Tee Khoon of PropertyGuru suggests the market may be nearing its peak.
Singapore’s Urban Redevelopment Authority’s Q2 2023 report reveals a notable slowdown in the private housing sector. While prices and rentals continue to rise, the pace is decelerating, indicating potential market stabilization.