THE second quarter of 2022 saw a continued rise in Housing Board (HDB) resale prices compared to Q1, according to figures released by HDB on Friday (Jul 22). The resale price index for Q2 was logged at 163.9, 2.8 per cent higher than that in the previous quarter. Tan Tee Khoon, country manager for PropertyGuru […]
Read MoreFIGURES from the Urban Redevelopment Authority (URA) released on Friday (Jul 22) showed that the rental index for offices rose 2.4 per cent quarter on quarter in Q2, from the 1.6 per cent rise in Q1. However, prices of office space fell by 5.1 per cent in Q2, compared with the 4.4 per cent increase […]
Read MorePROPERTY players are more cautious about market outlook in the next 6 months to a year ahead in anticipation of various global economic uncertainties, according to a survey by the National University of Singapore’s Institute of Real Estate and Urban Studies (IREUS). Nearly 97 per cent of its respondents flagged rising inflation or interest rates as […]
Read MoreSINGAPORE – Singapore’s central bank believes inflation may abate next year, but warned that if prices and wages continue to remain elevated a deeper cut in economic growth could be needed to achieve stability. “Inflation is expected to ease in 2023 as major central banks withdraw policy accommodation and supply challenges are addressed. However, the […]
Read MoreFrom the Monetary Authority of Singapore, the country’s central bank: Global inflation seen easing in 2023 as major c.banks withdraw policy accommodation and supply challenges addressed However, global inflation outlook is subject to considerable uncertainty Additional strains on supply chains could cause further price shocks Singapore economic growth is expected to moderate further in 2023, […]
Read MoreTHE Monetary Authority of Singapore (MAS) will consult on crypto regulations involving consumer protection around September or October this year, its managing director Ravi Menon said on Tuesday (July 19). The focus of crypto regulation to-date in Singapore, as well as in most major jurisdictions, has thus far been on containing money laundering and terrorist […]
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