Budget 2024: Implications on Singapore’s Real Estate
In Deputy Prime Minister (DPM) Lawrence Wong’s Budget 2024 speech, several points directly affect the real estate market, with potential implications both positive and negative. While it’s too early to determine the long-term effects of these announcements, similar to past housing measures, they aim to maintain a resilient and strong local real estate market. This […]
Our Grandmother’s Road: Remembering the contributions of women
“Grandfather’s Road” — the colloquial way to tell off people who behave with a sense of entitlement, blocking the way of others, or as though their grandfather literally owns the road. Often thrown around to tease or scold, “Grandfather’s Road” is a household term, but how often have you heard “Grandmother’s Road” used? True enough, […]
Is Public Housing Important to a Real Estate Market? Exploring the Differences Between China and Singapore’s Public Housing Policy
China and Singapore are very distinct markets within Asia. The same can be said about its real estate, an integral part of their respective economies. Yet, we observe disparate differences in the policies that govern China and Singapore’s public housing – differences that we will explore in-depth within this article!
Singapore new property cooling measures: Higher ABSD rates, tighter loan limits
Expect the unexpected, they always say. But, they did not mention to expect new directives being introduced slightly before midnight on the 15th of December 2021. Perhaps the routine of dropping new directives in an instant on new COVID-19 regulations has become a habit. Most would have been asleep while the news were released, but fret not, we are here to cover the details of how the New Property Cooling Measure may affect you.
Will increasing interest rates cause property prices to drop? Should I wait for that to happen?
Knowing the correlation between low interest rates and high property prices, investors buying real estate have been timing the market to ask: Will increasing interest rates cause property prices to drop? If so, should I wait for that to happen? In this article, we examine the correlation between interest rates and property prices, and make the case for the “Singapore Exceptionalism” – arguing that various factors that cushion the real estate market in Singapore make it unlikely for property prices to fall, despite rising interest rates.
