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Government bumps up supply of private homes for full-year 2023 to highest in a decade. Orchard Road, Zion Road sites among 8 state land plots to be offered in H2 for private housing. Charming Garden makes third and final bid at collective sale with same S$175 million guide price. When new condo units are pricier than older ones by over 70 per cent. New private home sales up 17% in May from April, on the back of a doubling in launches.
Government bumps up supply of private homes for full-year 2023 to highest in a decade. Orchard Road, Zion Road sites among 8 state land plots to be offered in H2 for private housing. Charming Garden makes third and final bid at collective sale with same S$175 million guide price. When new condo units are pricier than older ones by over 70 per cent. New private home sales up 17% in May from April, on the back of a doubling in launches.

Are We Headed for a Bullish or Bearish Real Estate Market in 2022?

Cooling measures a few weeks before Christmas, Omicron fears, looming interest hikes in the U.S. – it’s quite an eventful end to 2021 for the average homebuyer and homeowner. As we begin the new year, so begs the question: will Singapore’s real estate market maintain its resilient bullishness despite COVID-19 and the recent round of cooling measures?