In Jan 2014, I wrote about why this year could be turbulent for property market stakeholders. In the recent weeks, there were some reports on how quiet the high-end property market in Singapore is. A casual observer may think that this is just limited to the high-end sector; in reality, the market malaise is probably more wide spread than what many people realise.
For those who are wondering just how bad the market is, here are 3 indicators to shed some light on the health of the Singapore residential property sector.
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Private Residential Property Price Index
Property Transaction Volumes
Residential Property Price Index versus GDP growth
Singapore Property market
Singapore property Market Cycle
Total Household Ratio versus Total housing Stock
Total Housing stock versus Property Price Index
Transaction volume of properties Core Central Region CCR
Transaction volume of properties Outside Central Region OCR
Transaction volume of properties Rest of Central Region RCR
Urban Redevelopment Authority of Singapore URA
Vacancy Rates versus Total Housing Stock