SINGAPORE: The latest data from the Urban Redevelopment Authority revealed that home prices in Singapore saw a modest increase of 1.4% from the previous three months, compared to a preliminary estimate of 1.5%. This marks a slowdown from the previous quarter’s 2.8% surge in 2023.
Yahoo Finance reports that despite the consecutive quarterly increases in home prices, factors like high-interest rates and government measures aimed at cooling the market have put pressure on demand, especially among foreign buyers eyeing luxury properties.Morgan Stanley, for instance, anticipates a 3% decrease in private home valuations in 2024, while Bloomberg Intelligence foresees prices remaining flat with a possibility of a decline.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: