JUNE 22 — Residential property prices in Singapore have been on an uptrend over the past two years, especially those of suburban condominiums and HDB resale flats. In mature estates, buying interest and prices have been strong due to established property fundamentals such as location, accessibility, town centre amenities and, in some cases, proximity to prominent educational institutions.
However, the recent years have also seen the rising popularity of several far-flung, untested property locations and “sub-towns”, raising concerns whether the homebuyers who paid high prices had been overly optimistic. Full story
