Singapore private property price growth slows as transaction volumes drop | Video
02:07 Min
Price gains for Singapore private homes slowed to 6.7 per cent last year. The number of home sales also fell by 15 per cent, compared with 2022. Just over 18,500 homes were sold - the lowest transaction volume since 2016. Analysts attribute this to high-interest rates and a weak economic outlook. Claudia Lim reports.
02 Jan 2024 10:52pm
Price gains for Singapore private homes slowed to 6.7 per cent last year. The number of home sales also fell by 15 per cent, compared with 2022. Just over 18,500 homes were sold - the lowest transaction volume since 2016. Analysts attribute this to high-interest rates and a weak economic outlook. Claudia Lim reports.
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