Singapore’s private home prices are expected to increase modestly by 0-3% in 2025, driven by a surge in new launches, according to the Singapore Business Review.
CGS International reported that developers expect 8,200-8,300 residential units to be launched in the first half of 2025, with new private home sales projected to reach 6,000-7,000 units for the year.
Developers are currently trading at a 58% discount to revalued net asset value and 0.52 times their forecasted price-to-book value as its top choice, followed by UOL. For smaller companies, CGSI preferred property broker PROP.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore stocks showed little movement as trading began on Wednesday Singapore News%
Read more »
NParks launches initiative to plant 100,000 corals in Singapore waters Singapore News%
Read more »
Singapore property tycoons set up family office in Abu Dhabi, eyeing Middle East expansion Singapore News -%
Read more »
Singapore ranked 10th most lovable city in the world Singapore News%
Read more »
U.S. rate cuts set to boost Singapore's office, logistics, and retail markets—Colliers Singapore News -%
Read more »
Singapore stocks traded higher on Thursday morning—STI rose 0.6% Singapore News%
Read more »