ROSLAN RAHMAN/AFP via Getty Images
“Price growth may continue but at a slower pace after the new cooling measures,” Christine Sun, senior vice president of research at real estate brokerSingapore home prices will increase as much as 11% for the whole of this year, after rising 10.6% in 2021, Sun said. The outlook for 2023 is less rosy, with prices likely rising at a slower pace of up to 8% amid higher mortgage rates and heightened risks of a global economic slowdown, she added.
Its all about supply there - there is very little supply and alot of demand.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China, Xi Jinping are a growing threat to world economy, stock marketChina's alarming decline could tank the stock market, take down the global economy, and spark a dangerous showdown with the US Didn’t the Republicans “Trump” warn us on China ? If China goes into economic collapse the USA will be the only party that can bail them out. The bailout will require widespread and meaningful political and environmental change on China’s part -it would be in the world’s best interest to both solve the crisis and force change
Source: BusinessInsider - 🏆 729. / 51 Read more »