Nov
26
Measures to cool property market appear to have worked: Mah
November 26, 2009 | Leave a Comment
SINGAPORE: The government said on Monday the measures taken to cool the
property market appear to have had the desired effect.
Speaking in Parliament, National Development Minister Mah Bow Tan noted that
since the measures were introduced, the sale of private homes fell 37 per
cent on-month in September, and another 29 per cent in October.
In September, the government […]
Nov
8
Foreigners back in private home market
November 8, 2009 | 1 Comment
FOREIGN buyers are streaming back into the private homes market in growing numbers, especially those from China.
New research from property consultancy Savills Singapore shows foreigners accounted for 22.7 per cent of private home sales in the third quarter - above the 19.7 per cent average since the start of 2000.
Buyers from China have dislodged those […]
Nov
4
New heights for Singapore property
November 4, 2009 | Leave a Comment
SINGAPORE - A bubbling property market represents the latest indication that Singapore is recovering from its global crisis-induced economic doldrums.
Surging demand for residential units has in recent months seen potential buyers queue for hours before new house openings and anecdotally many have left blank checks with their property agents to fill out to secure their […]
