Event description
This seminar will give you a good understanding of the Singapore Residential Markets in the Year of Ox 20. About this Event
Does your 2021 resolution include buying, renting or selling a home?
Are you wondering what would happen in the property market this year?
The Singapore economy suffered one of the worst recessions since independence as the once in a century pandemic spread globally.
However, good news is that the local public and private housing markets ended 2020 on a high note, despite the challenges and uncertainties!
Session Outline
In this session, Mr Nicholas Mak, Head of Research & Consultancy at ERA Singapore examines the following factors that will shape Singapore’s Residential Property Market in the year ahead:
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Inventory of residential properties would fall to an eight-year low by end of the current calendar year and home prices would rise by over 10 per cent over the next two years, said Global brokerage Jefferies. The start of a new residential cycle should become evident over 2021 as both end-users and investors get back into action. We expect residential sales to cross 2019 levels, inventory to fall to an eight-year low by end-2021 and prices to rise by over 10 per cent over next two years, said Jefferies in a recent report. However leading developers such as Niranjan Hiranandani, chairman of Hiranandani Communities believe it is hard to predict prices.
Exclusive content, features, opinions and comment - hand-picked by our editors, just for you.
Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
Track the industry of your choice with a daily newsletter specific to that industry.
Stay on top of your investments. Track stock prices in your portfolio.
NOTE :
The monthly duration product is an auto renewal based product. Once subscribed, subject to your card issuer s permission we will charge your card/ payment instrument each month automatically and renew your subscription.
In the Annual duration product we offer both an auto renewal based product and a non auto renewal based product.