Singapore housing market ranked 2nd most expensive in the world

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The Singapore housing market maintains its second place, averaging US$874,372 (US$1,063 per sq ft), and Shanghai is third at US$872,555 (US$714 per sq ft).

Average price growth in the Singapore housing market is modest compared to other gateway cities according to CBRE’s fifth annual Global Living Report.

Average price growth in Singapore housing market was also at a low 1.1% outpaced by Hong Kong and Shanghai which recorded 5.5% and 11.2% growth, respectively. Jennet Siebrits, Head of Residential Research at CBRE UK, comments, “In the fifth edition of the Global Living report, we have expanded the number of cities we examine from 29 to 35. They include the most exciting cities in the world, from emerging technology-driven powerhouses like Shenzhen and Bangkok through more traditional capital cities such as Rome and Lisbon, to rapidly evolving modern urban centres like Dubai and Johannesburg.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Singapore remains world's 2nd priciest private property market: CBRESINGAPORE remains the world's second-most expensive housing market after Hong Kong, according to an annual CBRE report which compares private residential property markets across 35 cities. But average price growth was significantly slower, at just 1.1 per cent. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »

Singapore is world’s second-most expensive housing market: CBRE report
La source: TODAYonline - 🏆 1. / 99 Lire la suite »