Property Market Outlook in 2014 and Beyond

By Mr. Propwise Ah, how quickly the year has flown by. It’s that time of the year again, where I dust off my crystal ball and peer into it, then stick my neck out and try to say something intelligent about the future direction of the property market. 2013 was certainly an interesting year, where…

Are the Effects of 7 Rounds of Property Cooling Measures Wearing Off?

By Mr. Propwise It’s been almost five months since the announcement of the seventh round of property cooling measures by the government, which imposed steeper stamp duties and lower loan-to-valuations for mortgages. Have the measures had their intended effect to curb the rapid rise of property prices in Singapore? 2013Q1 URA PPI moderated, but prices…

Singapore Property Prices Reach All-Time High, But…

By Mr. Propwise From the URA’s recent flash estimate of the 4Q2012 Private Residential Property Price Index (PPI), property prices have continued to defy gravity and have even accelerated quarter-on-quarter. The 4Q2012 URA PPI flash estimate hit 211.9 and was up 1.8% on a quarter-on-quarter basis. Singapore property prices at an all-time high… Based on…

Where Will the Property Market Go in 2013?

By Mr. Propwise It’s that time of the year where we sum up what happened in 2012 and peer into 2013 to divine where the market may go. While I’m not a fan of forecasting (the type that says “the market will fall by 5% in the second quarter”) because I believe that the future…

Have Industrial Property Prices Spiraled Out of Control?

By Mr. Propwise While everyone (including the government) has focused their attention on the residential market, one segment that has gone through the roof is industrial property. In 3Q2012 the Industrial Property Price Index registered a stunning 8.8% quarter-on-quarter growth to hit 183.3, an all-time high. This was the twelfth quarter of growth, and unlike…

Has Private or Public Housing Performed Better?

By Mr. Propwise With more than 80% of the resident population in Singapore being housed in Housing Development Board (HDB) flats, the supply and pricing of public housing is a significant factor that affects the demand for and hence pricing of private housing. In this article we will look at the relative price performance of…

Singapore Property Prices Continue to Defy Gravity in 3Q2012

By Mr. Propwise From the URA’s recent flash estimate of the 3Q2012 Private Residential Property Price Index (PPI), property prices have managed to defy gravity and even managed to register a slight increase in the quarter. The 3Q2012 URA PPI flash estimate hit 208 and was up 0.6% on a quarter-on-quarter basis. At the current…