Over the past few months, Singapore's property costs have stayed painfully high and both locals and foreigners alike have been feeling the pinch. But is the market showing signs of cooling off? Juliet Stannard, who is the co-owner of a multi-million dollar agency in Singapore's real estate industry, shares her insights in an interview uploaded to YouTube on Aug 13...
But is the market showing signs of cooling off?
"When we first came here, Singapore was obviously much different. There were a lot more underground places to go and you would go to hotels if you wanted to have a really decent meal out," she recounted.When asked about Singapore's property rental market situation, Juliet shared that while it was crazy in 2022, things may be looking up.
On top of that, it is the time of the year when foreigners typically leave Singapore at the end of the international school terms.Which areas to rent in this market? "But it takes a few months for the landlords to start accepting the fact that they're not getting these peak prices anymore." "The brand new properties are always much smaller. So, every time they build a new building, it's smaller and smaller and smaller," she explained.
"The government hasn't made it very easy. But again, it's geared towards helping Singaporeans and permanent residents to buy here, rather than foreigners," she reiterated.
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