Private Home Prices Post First Decline In A Year, Down 1.2% in Q1

Source: https://www.straitstimes.com/business/private-home-prices-post-first-decline-in-a-year-down-12-in-q1

In the past years, many properties cooling measures and controls are in place to ensure there is financial prudence amongst buyers. Hence, the possibilities are very low for price slashing by owners or default in payment of housing loans.  Though property prices might by 2 to 3 per cent this year, sincere buyers will be wise to take advantage of the current lower interest rates to purchase a right-priced unit.

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