The private condo market has lost more than $15 billion in market value since its peak in prices in January 2014.
SRX Property used X-Value, its valuation algorithm, to calculate the value of all transacted flats (recorded) at the market's peak and then compared it with the value at 31 December 2014.
Tagged in:
Decentralisation Plannings
Decentralisation Strategy for Future Population Increase
Decentralisation Strategy for over development in CBD
Future value of properties due to infaltion
Gross Domestic Product versus Property Price Index
Increase in a person age over time
Increase in GDP Gross Domestic Product per Capital
Increase in value of land in Singapore
Inflation per annum
Key strategies of decentralisation for Singapore
Paper losses in Private property marekt
Residential Property Price Index PPI Core Central Region CCR
Residential Property Price Index PPI Outside Central Region OCR
Residential Property Price Index PPI Rest Central Region RCR
Singapore Gross Domestic Product GDP