DESPITE the cooling measures introduced on July 5, 2018, Singapore's residential property market has stayed resilient and quarterly primary home sales rose in the last three quarters, to the surprise of many.
In the first quarter of 2019, developers sold 1,838 new private homes, 16 per cent higher than the same period the previous year.
Non-landed residential prices outside the core central region have also held up in the last three quarters.
Tagged in:
Allocation of more capital to real estate
Compound Annual Growth Rate
Housing costs realign to affordability
Introducing additional supply
Median home price to income ratio
Price escalations
Rising residential land and unit value
Sing Dollar appreciate against US Dollars
To track income growth
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