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The property market went for a rollercoaster ride last year. What impact did last year’s cooling measures have and how should we prep for this year?
The property market went for a rollercoaster ride last year. What impact did last year’s cooling measures have and how should we prep for this year?
Here are the key issues to look out for in 2019:
Govt land sales, collective sale sites make up large portion of new units in these areas
A NEW study on the upcoming supply of private residential units from development sites sold suggests that oversupply risks, if any, may be contained within certain districts.
Islandwide, only Districts 3, 5, 13, 18 and 19 appear to have a relatively high number of upcoming residential units in relation to the current completed units there - in the proportions of 12 to 34 per cent.
Two tenders for land sites closed in the past three days, with a total of S$1b invested. The sites are located opposite each other at Serangoon Gardens and within 1km of the Hundred Palms executive condominium (EC), which was fully sold at its launch last weekend.
