Singapore property market faces risks from unsold units, uncertain economy: MAS

SINGAPORE: Singapore’s property market faces “potential downside risks” from a large supply of unsold units in the medium term and an uncertain economy, said the Monetary Authority of Singapore (MAS) on Thursday (Nov 28). In its annual Financial Stability Review, the central bank urged prospective buyers, especially households that are highly-leveraged, to be mindful of […]

manager No Comments December 6, 2019 1:04 pm

Singapore Property investment sales leapt 31.4% to $3.59b in Q1

The residential sector accounted for 30.4% of sales volume. Preliminary property investment sales volume jumped 31.4% QoQ to $3.59b in Q1 2019 despite the absence of major office en -bloc deals, according to CBRE’s highlights of property investment sector performance in Southeast Asia. The residential sector still accounted for the majority of investment sales volume […]