Singapore private home prices to grow 2% in 2020, 2021: Fitch Ratings

Source: The Business Times

Singapore’s private property home prices in Singapore are expecting to present a humble increase over in the year 2020 and 2021. The lower interest rates environment and better borrower affordability are also going to contribute to the increasing property prices as the level of household incomes are growing at a faster rate than home prices.

It is expected that the growth of property prices shall remain limited, due to the fact of a slower growth to the annual population below 1%, and it is highly likely that cooling measures will surface if home prices are showing signs of peaking up.

In view of the modest growth of private property prices in 2020, Kopar At Newton shall remain an attractive spot light for future residents looking a new home for own stay or an investment property. Check our what Kopar At Newton and has to offer and Book An Appointment with us to learn more in depth review and market analysis about this development.

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