Private Home Prices Increasing in Singapore
A property consultancy service company; Savills.co.uk have predicted that the prices of residential homes in Singapore may rise about fifteen to twenty percent for the rest of the year 2018; this is a slight increase from the previous forecast of twelve to fifteen percent.
This altered forecast came as a result of twenty-two units being sold at the rate of ten million dollars each over the last couple of months. This includes over a hundred and two units occupied for about three thousand dollars in quarter one.
Private Home Prices Increasing in Singapore
The demand for these residential homes seems to be increasing over the months and with an increase in demand comes scarcity in the availability of these homes which lead to makes these houses more expensive.
This was again noticed in the island private-home-price index which experienced an increase in value by 3.9{b9892bb02bcba45a3ca841a39f21f00a5afbbb5f87ca25d5bc28be209c9bf897} over the quarter-on-quarter in Q1.…
