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Wednesday, August 31, 2011

Singapore Property Market outlook 2012

Singapore Property Market outlook 2012 : Singapore’s central bank expects inflation to average between 2 and 3 cent in 2011. The island nation’s GDP is also officially forecast to register a healthy growth of 4 to 6 per cent next year, despite moderat- ing from the estimated 15 per cent for 2010.

Singapore Property Market Outlook
The main increase in Supply is in year 2012 and year 2013, at 13,246 and 15,492 respectively. In year 2014, the number falls to 9,049. Thus, based on the numbers, it would appear that year 2010 we are still likely to see Supply insufficient to meet Demand, thereby causing an "upward pressure" on Prices Read More...

Singapore Property Market to Ride on Economic Growth in 2011
The pressure due to (the) increase in supply of retail space at (the) Orchard/Scotts Road area is expected to ease as retail space is expected to be gradually absorbed,” he said. “With lesser supply coming on stream in 2011 and 2012, retails rents may increase. Read More...

Private property market in Singapore to crash in late 2011?
Will the superheated state of property price continue to increase or will we be able to sustain property prices for long in this superheated state? Will we be able to take a second wave of superheating in 2011 without the market come crashing down? I think everything goes up must come down and the higher it goes up, the harder it is when it eventually comes down Read More...

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