BEIJING : China's property market woes are likely to worsen this year with prices remaining flat and sales and investment falling further, while tighter and widespread COVID-19 curbs weigh on still fragile demand despite more policy easing.
The outlook for the property market is expected to remain bleak in the first half of the year and for the whole of 2022. "The current national housing inventory is in a high phase, and tier-three and four cities face large de-stocking pressure" due to demand slowing, said analyst Ma Hong at Zhixin Investment Research Institute.
The gloomy outlook for property prices, sales, and investment was mainly due to frequent COVID-19 outbreaks.
Chicken rice might go up in Singapore further, can it control the price since Malaysia van the export.